Business & Finance
Two Barents Sea wells lined up for Transocean rig
Vår Energi has secured two types of permits from the Norwegian authorities for two exploration wells located in the Barents Sea off Norway.
US firm reveals new generation of unmanned underwater vehicles
The U.S.-headquartered Leidos is developing new unmanned underwater vehicles (UUVs) that are planned to feature advanced artificial intelligence (AI) and sensing capabilities, among others. Leidos announced two UUVs that will feature technology to support commercial and military activities. Along wi
Offer put forward for ‘largest and most prospective oilfield’ in Benin
Zenith Energy has handed over an offer for a block with “significant untapped, independently assessed oil and gas reserves” offshore Benin.
New Gulf of Mexico gig for Prosafe unit
Offshore accommodation rig provider Prosafe has secured work for one of its units with an undisclosed player in the U.S. Gulf of Mexico.
New carbon-neutral sea route between Stockholm and Turku in the making
A new project has been launched in Finland to develop a carbon-neutral “green corridor” between Turku and Stockholm through which cargo and passengers can travel.
Stena rig spuds UK player’s North Sea asset
i3 Energy has started drilling an appraisal well in the North Sea with a Stena Drilling-owned rig in a bid to find additional hydrocarbons.
TotalEnergies adds another well to the work scope of Maersk drillship
A Maersk Drilling-owned drillship has been awarded a one-well extension with TotalEnergies in Suriname.
Norwegian contractor put in charge of decommissioning 10 North Sea platforms
AF Gruppen has been awarded a contract by TotalEnergies for the removal and recycling of platforms in the Dutch sector of the North Sea.
Disappointed Santos halts Barossa drilling plans after court revokes permit
A court in Australia has ruled against Santos but in favour of an indigenous group in a case related to the development of the Barossa gas project.
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.
EC approves up to €5.2 billion funding for second hydrogen IPCEI
The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir
Allseas to install 700-kilometer natural gas pipeline offshore Mexico
Allseas has won a contract with TC Energy (TCE) to install the offshore stretch of the Southeast Gateway Pipeline in the Gulf of Mexico. The 700-kilometer natural gas pipeline will run south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas’ scope covers
European countries eye stronger energy security with Black Sea interconnector
A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.
All three wells back on stream off Brazil
Brazilian oil and gas player Enauta has restarted production from three wells located on a field offshore Brazil.