Business & Finance
Tyra module for TotalEnergies’ North Sea project sails away from Indonesian yard
McDermott International has completed the sail away of a gas processing module for TotalEnergies’ field located in the Danish North Sea.
Oil & gas players to look into establishing large-scale, multi-user CCS hub in Australia
Woodside, BP, MIMI, Shell, and Chevron will join forces to evaluate the potential for a large-scale, multi-user CCS hub off Australia.
First oil from Shell’s Vito project now expected in 2023, partner says
Shell’s Vito deepwater project in the U.S. Gulf of Mexico is now expected to start its first production in 2023.
Danos lands long-term gig for Eni’s Gulf of Mexico assets
Italy’s energy giant Eni has awarded a long-term deal covering its Gulf of Mexico platforms to Danos, a U.S.-based energy services provider.
ZIM inks $1 billion LNG bunkering deal with Shell
Israeli container shipping company ZIM has signed a ten-year marine liquefied natural gas (LNG) sales and purchase agreement with Shell, valued at more than $1 billion. The LNG is intended for ten LNG-fueled vessels that will be deployed on ZIM’s flagship ZIM Container Service Pacific (ZCP), on the
Oceaneering’s hybrid AUV achieves technology readiness
Oceaneering’s hybrid AUV/ROV system Freedom has achieved Technology Readiness Level 6 on a 1-9 scale, following an extensive testing and qualification program. Freedom is the result of a long-term collaboration between Oceaneering, TotalEnergies, and Chevron dating back to 2014, with Equinor joining
New Jersey firm to back Petrobras’ oil and gas fiber network project
New Jersey-headquartered Pioneer Consulting has been appointed to assist with the deployment of Petrobras’ Malha Óptica system in Brazil which will comprise a 1,200-kilometer oil and gas fiber network. Under the contract signed with the Zemax-Planova Consortium, Pioneer Consulting will provide suppo
UAE oil & gas giant hands out five ‘largest-of-its-kind’ drilling deals
UAE’s ADNOC has awarded framework deals described as “largest-of-its-kind” totalling $1.83 bln for drilling-related services to five firms.
UK regulator grants Centrica the go-ahead for gas storage project
Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.
New CEO in charge of Saipem following Caio’s resignation
Italian oilfield contractor Saipem has appointed a new chief executive officer (CEO) following the resignation of its current CEO.
New contracts for four Solstad subsea construction vessels
Norway’s Solstad Offshore has won four new contracts with companies from the offshore wind and oil & gas industries for its subsea construction vessels (CSVs). The contracts have been awarded for Normand Australis, Normand Fortress, Normand Frontier and Normand Navigator. Activities will be carried
Mitsui invests $7 million in Norwegian Hydrogen
Japanese trading company Mitsui & Co. has invested invests NOK 70 million (around $7 million) in Norwegian Hydrogen, the company that will build and operate green hydrogen production sites in the Nordic region.
Avance Gas secures financing for last two newbuild dual-fuel VLGCs
Norwegian shipping company Avance Gas has raised long-term financing for the two last remaining liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) newbuildings.
Russia halts Nord Stream 1 gas supply to Europe again ‘due to maintenance’
State-owned Russian gas company Gazprom has again shut off the Nord Stream 1 pipeline that supplies Europe with gas due to maintenance. Nord Stream 1 has been running at reduced capacity following a ten-day shutdown in July and in the past month, the flow was at approximately 20% of normal capacity.