Business & Finance
Partners ink contract for ultra-deepwater block in Malaysia
Petronas has signed a PSC with TotalEnergies, Petronas Carigali, Sabah Shell Petroleum Company (SSPC), and Shell Sabah Selatan.
Havila nets new deals for two PSVs
Norwegian offshore vessel operator Havila Shipping has secured new contracts for two of its platform supply vessels (PSVs).
Singapore supports maritime decarbonisation projects with new funding
The Singapore Maritime Institute (SMI) has awarded an additional funding of S$12 million (about $8.3 million) to the local Nanyang Technological University (NTU) to support maritime decarbonisation projects.
EC greenlights joint control of German LNG Terminal by KfW and Gasunie
The European Commission has approved the acquisition of joint control of German LNG Terminal GmBH (GLNG) by Germany’s national promotional bank KfW and Nederlandse Gasunie, the Dutch energy network operator. Under the EU Merger Regulation, the Commission concluded that the proposed acquisition would
Keppel and Borr Drilling change up delivery terms for five jack-up rigs
Keppel has entered into an amended and restated framework deed with Borr Drilling to accelerate deliveries of three rigs and defer two others.
Site surveys in preparation ahead of drilling operations in the Philippines
Sacgasco via its subsidiary Nido Petroleum is planning to conduct site surveys over acreage located offshore the Philippines.
Bluefield Geoservices completes ‘deepest-ever cone penetration test’
Bluefield Geoservices has completed what it believes to be the deepest-ever offshore cone penetration test (CPT), carried out in water depths of more than 4,000 meters in the Pacific Ocean. Bluefield operators completed 23 seafloor CPTs to a push depth of two meters as part of an ongoing geotechnica
Seadrill returning to New York Stock Exchange
Offshore drilling contractor Seadrill is returning to the New York Stock Exchange (NYSE) following a couple of years of absence.
Blyth-based subsea services company gets £7.8 million to buy new assets
Blyth-headquartered seabed intervention and subsea robotics services company Pharos Offshore has secured a £7.8 million funding package from ThinCats to facilitate the purchase of new assets. The funding package is set to allow Pharos to source additional work-class remotely operated vehicles (ROVs)
ABL Group to act as marine warranty surveyor for UAE project
ABL Group has been appointed as a marine warranty surveyor to review and approve critical marine and offshore operations on the Belbazem Project, offshore UAE.
Fresh extension for Deepsea Yantai semi-sub
Oil and gas company Neptune Energy has extended a contract for the use of the Deepsea Yantai semi-submersible drilling rig in Norway.
Petrobras picks provider of well and subsea engineering software
Brazilian oil and gas company Petrobras has awarded Radix Engineering and Software with a contract to develop and maintain scientific software focused on well engineering and subsea engineering. Under the contract worth approximately $9.5 million, Radix will develop software for two lots of subsea a
Two new FPSOs in preparation for Brazilian operations
FPSO operator MODEC has delivered one FPSO to Brazil’s energy giant Petrobras while another one is on its way from a shipyard in China to Brazil.
EuroAsia Interconnector entering construction phase with launch date set
The inauguration ceremony for the EuroAsia Interconnector, which will connect Israel, Cyprus and Greece with continental Europe, is scheduled to be held on Friday, 14 October. The EuroAsia Interconnector is a multi-terminal VSC-HVDC scheme that will connect the national grids of the three countries