Business & Finance

Port of Amsterdam, partners push ahead with plans for large-scale hydrogen import facilities
The Port of Amsterdam has signed a Memorandum of Understanding (MoU) with tank storage company Evos and liquid organic hydrogen carriers (LOHC) pioneer Hydrogenious to develop large-scale import facilities for hydrogen at the port of Amsterdam. The facilities will comprise a LOHC dehydrogenation pla

Vår Energi picks catering services provider for its oil & gas assets off Norway
Vår Energi has handed out a long-term catering deal, covering its assets on the Norwegian Continental Shelf (NCS), to ESS Support Services.

More work on the horizon for DOF fleet
DOF Group has secured a contract extension in Brazil for one of its anchor handling tug supply (AHTS) vessels, as well as new vessel contracts in West Africa and in the North Sea. Norskan Offshore, DOF’s Brazilian subsidiary, signed a contract extension with Petrobras for the 21.000 class Brazilian

Aker BP gearing up to sanction multiple oil & gas projects in December
Aker BP is preparing to make FIDs and submit plans for development and operations (PDOs) for several oil and gas projects by year-end.

Equinor’s Norwegian Sea well comes up dry
Norway’s energy giant Equinor has completed the drilling of a wildcat well in the Norwegian Sea but failed to find hydrocarbons.

New drilling deals in Middle East bring $1.9 bln to COSL
COSL has been awarded multiple contracts for the provision of drilling rig services by an undisclosed oil company in the Middle East.

NOPSEMA: DOF Subsea Australia convicted of ‘negligently breaching’ health and safety duties
DOF Subsea Australia has been convicted in the Magistrates Court of Western Australia of three counts of an employer “negligently breaching” health and safety duties under the Offshore Petroleum and Greenhouse Storage Act 2006, the National Offshore Petroleum Safety and Environmental Management Auth

Island Drilling secures another UK contract for its semi-sub rig
Offshore rig owner Island Drilling has secured a new drilling contract for its semi-submersible rig for work in the UK.

Orbital Marine invites geotechnical survey bids for tidal power projects
Scottish marine energy company Orbital Marine Power has launched a tender for the geophysical survey services at the site located offshore Orkney Islands.

COSCO Heavy Industries launches Aegean’s 3rd ECO tanker
Chinese shipbuilder COSCO Heavy Industries (Yangzhou) has launched a 114,000 dwt newbuild Aframax tanker ordered by Greek shipping company Aegean Shipping Management. The vessel, to be named, Green Anax, hit the water on October 22 at Cosco Yangzhou facilities in Jiangdu District, China. The vessel

Shell approaching spud date for North Sea exploration target
Shell is preparing for drilling operations on the Pensacola gas prospect in the UK North Sea with plans to spud the well in November 2022.

Seapeak to acquire Evergas for $700 million
Seapeak, formerly known as Teekay LNG Partners, has entered into a deal with Jaccar Holdings to acquire Danish shipping company Evergas for $700 million. Evergas owns and operates two very large ethane carriers and eight multigas/LNG carriers. All are on fixed-rate time charters to Ineos and are cap

Aker Carbon Capture’s modularized offshore facility wins DNV’s stamp of approval
DNV has qualified Aker Carbon Capture’s modularized offshore facility, which is expected to cut emissions from oil and gas production.

Wintershall Dea takes interest in block offshore Mexico
Wintershall Dea is expanding its presence in Mexico following a farm-in agreement for the acquisition of a stake in the Hokchi Block.