Business & Finance

More work for Odfjell rig with Aker BP
Aker BP has decided to exercise its option for additional wells to be drilled by one of the Odfjell Drilling-owned semi-submersible rigs.

Valaris rig gearing up for BP campaign in Trinidad
Following a drilling campaign in Mexico, a Valaris-owned jack-up drilling rig has arrived in Trinidad to work for oil major BP.

Shell to keep Maersk drillship busy in Mexico after current job is done
Maersk Drilling has secured a contract extension with Shell for a drillship, enabling it to carry out drilling services offshore Mexico.

New UK walk-to-work provider launched for offshore & marine sectors
Walk2Work Solutions (W2W Solutions) has been launched in Aberdeen to optimise walk-to-work marine operations and offshore work campaigns.

With rig already secured, Eni hopes to spud Mexican well in late 2022
Italian oil and gas company Eni plans to drill an exploration well offshore Mexico, using a Valaris-owned rig, in late 2022.

Schulte Group unveils new LNG bunker vessel design
Germany’s ship owner and manager Schulte Group has presented for the first time its next-generation design for a liquefied natural gas (LNG) bunker vessel (LBV) at Gastech Exhibition and Conference in Milan.

Norwegian oil & gas giant hands out four-year deal to offshore helicopter operator
Bristow has secured a multi-year contract with Equinor for search and rescue services in support of ops on the Norwegian continental shelf.

PanGeo wraps up offshore gig at two Finland-Estonia links
PanGeo Subsea has completed cable depth of burial (DOB) surveys along the EstLink 1 and EstLink 2 interconnector cables that connect Finland’s and Estonia’s electrical networks. The Kraken Robotics subsidiary used its SeaKite remotely operated towed vehicle (ROTV) equipped with the patented Sub-Bott

Two new contracts for Transocean’s ultra-deepwater drillship
Offshore drilling contractor Transocean has secured two new contract awards for one of its ultra-deepwater drillships.

TotalEnergies moves to secure production right for South African block
TotalEnergies and its partners in Block 11B/12B off South Africa have filed an application for a production right to the country’s petroleum regulator.

Pipeline tie-in agreement brings Moroccan project a step closer to first gas
Chariot has inked a pipeline tie-in agreement, which has moved its gas project offshore Morocco closer to first gas.

New survey begins at Statkraft’s offshore wind site in Ireland
A one-month geophysical survey campaign has commenced at the export cable route area of the North Irish Sea Array (NISA) offshore wind project in Ireland. The campaign started on 3 September at the site located off the coast of north County Dublin and County Meath, with completion expected on 3 Octo

Valaris excited by growth prospects as ARO explores financing options for 20 newbuilds
Valaris has expressed its excitement over growth prospects arising out of a 20-rig newbuild programme, which ARO Drilling is pursuing.

Baker Hughes restructures into two business segments to address energy trilemma
Baker Hughes has unveiled a simplified organisational structure and management team changes to position the firm for further growth.