Business & Finance
Odfjell rig spuds gas prospect in Norwegian Sea for Polish player
PGNiG has started drilling a gas prospect located in the Norwegian Sea, using a rig managed by Odfjell Drilling.
Aker Solutions, Schlumberger and Subsea 7 to set up subsea joint venture
Aker Solutions, Schlumberger and Subsea 7 have entered into agreements to form a joint venture, with the goal of delivering a step change in subsea production economics. The proposed joint venture will comprise the subsea businesses of Schlumberger and Aker Solutions, with Subsea 7 purchasing 10% of
Tellurian to sell more senior secured notes to Driftwood LNG
U.S. LNG project developer Tellurian intends to offer and sell senior secured notes and use the funds for the Driftwood project entities to support the construction of the Driftwood LNG.
More offshore acreage and new operatorship in Gulf of Mexico for U.S. player
Houston-headquartered Helix Energy Solutions has acquired interest and operatorship in a field in the Gulf of Mexico.
Two oil & gas firms to develop CCS project that connects Germany & Norway
Equinor and Wintershall Dea have agreed to pursue the development of an extensive carbon capture and storage (CCS) value chain.
After Mexican campaign, Valaris rig heading to its next destination
Offshore drilling contractor Valaris has revealed that one of its jack-up rigs is heading to Trinidad to work for oil major BP.
Seismic trio welcomes new partner to unified multi-client data ecosystem
Schlumberger has joined Versal, a unified multi-client seismic data ecosystem that seismic players PGS, TGS and CGG launched last year. Versal is said to be an independent, secure, cloud-based, multi-client seismic data ecosystem where energy companies can easily access all their data and entitlemen
Offshore installation of Shetland HVDC link moving ahead
NKT will soon start the first of two rock placement campaigns at the Shetland HVDC link on behalf of Scottish Hydro Electric Transmission. The first rock placement campaign is expected to commence on 15 September the earliest, with works planned to be completed by 5 November. Rock placement vessel H
Meriaura owner steps into thermal energy business with Savosolar merger
VG-Shipping Oy, the parent company of Finnish marine logistics company Meriaura Oy, revealed it will become a majority owner of compatriot solar thermal systems provider Savosolar Oyj.
QED Naval’s crowdfunding campaign gets 210% oversubscribed
Scottish marine energy company QED Naval has informed that its ongoing crowdfunding campaign has already been 210% oversubscribed, with two more days left for additional investments.
China Merchants Jingling Shipyard (Weihai) signs up for new eco-friendly ferry project
Chinese shipbuilder China Merchants Jingling Shipyard (Weihai) and shipping services provider China-Japan International Ferry have held a signing ceremony for the new environmentally friendly shipbuilding project. The signing ceremony for the roll-on/roll-off (RoRo) passenger ferry took place on 26
Days after going back online, Brazilian field offline again
Enauta has initiated a preventive interruption of production at a field offshore Brazil after detecting issues with the hose.
Norwegian oil firm to invest over $15 billion in development projects
Norwegian oil and gas company Aker BP will invest NOK 150 billion or over $15 billion in development projects on the Norwegian continental shelf over the next five to six years.
Geophysical surveys starting at Irish 1 GW floating offshore wind project
A geophysical site survey campaign is set to begin in September at the proposed Inis Ealga Marine Energy Park floating offshore wind project in Ireland. DP Energy Ireland plans to kick off the geophysical surveys on 2 September at the site located off counties Cork and Waterford. The works will be c