Business & Finance
Sapura Energy to get rid of three rigs
Sapura Energy has moved to dispose of three drilling rigs as part of its focus on long-term sustainability and improving liquidity position.
Oil & gas maintenance managers facing equipment and procedure challenges
In a recent study, the oil & gas maintenance managers have voiced concerns over growth in procedures and the lack of equipment reliability.
Tellurian closes acquisition of Haynesville Basin
U.S. LNG project developer Tellurian has closed the acquisition of certain assets in the Haynesville Basin from privately held EnSight IV Energy Partners and EnSight Haynesville Partners.
DOF trio stays with Petrobras
DOF Group has secured contract extensions and won new long-term charter and service contracts with Petrobras for three of its vessels, including remotely operated vehicles (ROVs). Petrobras has extended the contracts and awarded new contracts for inspection, maintenance and repair (IMR) services to
Norway sees slightly higher oil & gas output in July
Norway saw a slight increase in oil & gas production in July compared to figures from June 2022, but oil output is still below predictions.
More time in Canada for Siem vessel
An anchor handling tug supply (AHTS) vessel from Siem Offshore has been awarded a contract extension for operations offshore Canada.
In focus: A snapshot of the future of offshore energy
A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.
Utilisation for 7th-gen drillships now close to full capacity, Maersk says
Maersk Drilling believes that the global floater market will continue to benefit from an ongoing recovery.
Germany allocates €30 million per year for zero-emission vessels
Germany’s government has unveiled its decision to allocate millions of euros for the development of zero-emission vessels and support digitalisation in shipbuilding.
Focus on energy transition to spur offshore accommodation demand
Offshore accommodation rig provider Prosafe believes that the focus on energy transition will contribute to further demand.
Minesto grows half-year loss
Swedish marine energy company Minesto has recorded a wider net loss for the first six months of 2022, as opposed to the same period a year earlier.
Jadestone withdraws wellhead abandonment plan for Australian field
Jadestone Energy has withdrawn an environment plan (EP) for wellhead abandonment operations at a field, located offshore Western Australia.
Nigeria to unlock untapped deepwater resources with oil majors
To bring new investments into the oil & gas sector and boost production, Nigeria inked new PSCs for six offshore licences with oil majors.
Ashtead inks rental deal with RTS, invests in new technology
Ashtead Technology has signed a rental agreement with RTS, a provider of electronic engineering equipment for the underwater industry, and invested in new technologies as part of its commitment to the global subsea rental market. Under the agreement, Ashtead Technology will have access to the RTS-ow