Business & Finance
Monjasa adds new tanker to bolster Middle East bunkering operations
As demand for marine fuel solutions increases, oil and shipping company Monjasa has acquired Monjasa Shaker, a 9,600 dwt oil and chemical tanker, to be deployed for cargo and bunkering operations in the Arabian Gulf. According to the company, the vessel allows onboard product blending and is capable
UK firm flows first oil from North Sea field
UK-based oil and gas company Tailwind Energy has started production from its field in the UK Central North Sea ahead of schedule.
Chinese shipyard completes FPSO for BP’s Greater Tortue Ahmeyim LNG project
Chinese shipyard COSCO has completed the construction of an FPSO vessel for BP’s Greater Tortue Ahmeyim project in Mauritania and Senegal.
Trio to develop ‘first offshore floating CCS hub project in Asia Pacific’
Three companies – Technip Energies, deepC Store and Mitsui O.S.K. Lines (MOL) – have joined forces to develop a floating CCS hub.
OPT boosts first quarter revenues
US-based marine energy company Ocean Power Technologies (OPT) has released the financial results for its first quarter of fiscal year 2023, showing an increase in revenues when compared to the same period a year earlier.
Nauticus Robotics and CleanTech close business combination
Nauticus Robotics and CleanTech Acquisition Corp. (CLAQ), a publicly-traded special purpose acquisition company (SPAC), have closed their business combination, resulting in Nauticus becoming a publicly listed company. The resulting company will operate under the name Nauticus Robotics, Inc. and will
U.S. puts the wheels into motion to strengthen safety standards for offshore oil & gas ops
The U.S. Department of the Interior is taking steps to bolster safe and environmentally responsible offshore oil and gas operations.
New 3D seismic survey near Dorado and Pavo discoveries to begin by year-end
Norwegian seismic player TGS is planning to commence the Capreolus Phase 2 3D seismic survey in the Carnarvon Basin on the Australian North West Shelf by the end of the year. Capreolus Phase 2 will comprise 4,500 square kilometers of multi-client seismic data located in the Beagle Sub-Basin. This ar
Two North Sea wildcat wells come up dry
Two oil and gas operators have completed the drilling of wildcat wells in the North Sea offshore Norway without finding hydrocarbons.
Oilfield project in Bohai Sea comes on stream
CNOOC Limited has kicked off production from an oilfield development project in the Bohai Sea offshore China.
Eni and ADNOC looking into ways to strengthen energy security by expanding gas supply
UAE’s ADNOC and Italy’s Eni are contemplating options to explore opportunities to increase the security of gas supply.
Sercel completes purchase of ION Geophysical’s software business
Sercel, the Sensing & Monitoring division of CGG, has completed the acquisition of ION Geophysical’s software business. The acquisition is said to enable Sercel to supplement its range of software and services and open further diversification opportunities in simultaneous marine operations. The soft
FPSO remediation plan going well but still no restart date for Australian field
While progress has been made in an FPSO remediation plan, Jadestone is still unsure about the date for production restart off Australia.
Searcher Seismic signs new deal for its advanced geo-imagery search platform
Searcher Seismic has entered into a partnership with the South East Asia Petroleum Exploration Society (SEAPEX) for the GeoClerk platform. The SEAPEX non-profit organization was established in 1973 to promote awareness and advance the science of geology and related Earth Sciences, with emphasis on p