Business & Finance

Santos takes FID on offshore pipeline duplication project
Santos has announced a final investment decision to proceed with the Darwin Pipeline Duplication Project, located offshore Australia’s Northern Territory.

Fugro to survey site for Norway’s first large-scale offshore wind farm
Fugro has secured a marine site characterization contract by the Norwegian Petroleum Directorate (NPD) for the Sørlige Nordsjø II project, set to become the first large-scale offshore wind farm in Norway. The work scope will include mapping the seafloor and sub-seafloor to expand understanding of th

No luck for Aker BP after completing Norwegian Sea well
Aker BP has completed has concluded the drilling of a wildcat well in the Norwegian Sea but failed to find hydrocarbons.

Chinese giant boosts oil & gas output, hitting record-high levels
During the past six months, China’s CNOOC has ramped up its hydrocarbon production and doubled its net profit.

Survey services wanted for Viking Link
Danish transmission system operator (TSO) Energinet has issued a tender seeking a provider of an after installation survey along the Viking Link cable between Denmark and the UK. The main purpose of the survey is to confirm the vertical and horizontal position of the cable location. The survey activ

TEPCO Power Grid gets in on NeuConnect project
TEPCO Power Grid is set to participate in the NeuConnect project – the first UK-Germany subsea interconnector – as it has entered into a share purchase agreement with the shareholders of FI1 Limited, a minority shareholder in the project. TEPCO Power Grid signed the agreement with the shareholders v

Nova Innovation talks tidal energy with UK Chancellor
UK’s Chancellor of the Exchequer Nadhim Zahawi has paid a visit to Nova Innovation to learn more about tidal energy, the company’s technology and route to market for the industry.

Marine surveys begin at second Malta-Italy interconnector
InterConnect Malta (ICM) has commenced offshore works of the preliminary marine route survey (PMRS) for the second Malta-Italy interconnector. Fugro is in charge of delivering the work using the 60-meter vessel Urbano Monti, which sailed out of the Grand Harbour on 25 August to start surveying the 6

Shell hires semi-submersible rig for Namibia
Northern Ocean has secured a contract award from Shell for operations in Namibia, where the major made an oil discovery earlier this year.

WATCH: McDermott prepares Tyra module for journey to North Sea
McDermott has completed the load out of the TEG gas processing module for the TotalEnergies-operated Tyra field.

Australian player seeks partners for two Gambian blocks after consolidating ownership
FAR has consolidated its ownership of two Gambian blocks and is looking for partners to fund the exploration programme for these blocks.

Helix to put Grand Canyon II to work offshore Thailand
Helix Robotics Solutions has won a contract with a local Thailand contractor to perform well abandonment and decommissioning services using the subsea construction vessel Grand Canyon II. The contract, which is 180-day firm-plus-options, includes the provision of DP3 vessel services, crane support a

Second North Sea discovery in four months for Neptune
Oil and gas company Neptune Energy has made a minor oil discovery near its operated Gjøa field in the North Sea off Norway.

Aker BP picks contractor for ‘largest new-build project in many years’
Aker BP has picked Rosenberg Worley to construct two models for the new central platform on a field in the North Sea.