Business & Finance

UK union urges talks before offshore drillers and contractors vote to down tools
Before a dispute over wage demands escalates into industrial action, the UK’s Unite the union has called the UKDCA to engage in negotiations.

Trinidad and Tobago govt OKs Searcher’s 3D acquisition project
Searcher Seismic has received approval from the Government of the Republic of Trinidad and Tobago for the Tobago Trough multi-client 3D acquisition project. The acquisition is planned as a 6,500 km² wide-tow long streamer acquisition and processed through to Pre Stack Depth Migration. It will commen

Following near-miss incident, crane operations ground to a halt at Canadian platform
After a near-miss incident occurred on a platform located offshore Canada, an investigation has been launched to look into it.

WALNG secures funding for LNG import terminal in Guinea
West Africa LNG Group (WALNG) has closed on an equity financing round for an LNG import terminal in Guinea with a U.S.-based investor group.

Gate Energy lands commissioning gig for deepwater Gulf of Mexico project
Gate Energy has been awarded the commissioning management and execution contract for LLOG’s Salamanca development in the U.S. Gulf of Mexico.

Shearwater to deliver seismic reprocessing over Australia’s first natural gas hub
Shearwater GeoServices has secured a seismic reprocessing project over Wheatstone, one of Australia’s largest producing gas fields, under a contract with Chevron Australia. Shearwater said it will deliver a “large” time-lapse 4D seismic imaging project over the field under an existing master contrac

Repurposed jack-up rig sets sail for Gabon oil project
BW Energy has revealed that a former jack-up rig, which was converted to an offshore production unit, is on its way to Gabon.

New rig developed by Huisman can be powered by floating wind
Huisman has developed a harsh environment semi-submersible rig design, which can be powered with onshore-produced hydroelectricity but also with floating wind turbines.

Canadian firm unveils spud date for Black Sea campaign and new exec appointments
Trillion Energy is days away from kicking off its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea offshore Türkiye.

Fugro brings innovation to Arklow Bank offshore site investigations
Fugro has completed fieldwork on a geotechnical site investigation for SSE Renewables’ Arklow Bank Wind Park Phase 2 located approximately 6 to 13 kilometers off the coast of Ireland. The offshore investigation works were performed aboard DEME’s jack-up vessel Neptune over an eight-week period. Fugr

Key element of BP’s GTA hub terminal arrives from China
BP has reached another milestone on its operated Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal.

Eni makes ‘significant gas discovery’ off Cyprus
Italian oil and gas company Eni has made what it says is a significant gas discovery in the Cronos-1 well located offshore Cyprus.

Saipem adds subsea drone to deal with Oil Spill Response Limited
Saipem and Oil Spill Response Limited (OSRL) have signed an extension of their existing services agreement to include the provision of Saipem’s FlatFish underwater drone for environmental monitoring and inspection of asset integrity. The existing contract between the parties provides for the storage

Norwegian player moves to expand its oil & gas portfolio with assets in West Africa
Norway’s DNO has inked a deal with RAK Petroleum, which will enable it to acquire a stake in oil and gas assets in West Africa.