Business & Finance
Turkish drillship kicks off drilling operations in Mediterranean
Following an official send-off last week, Türkiye’s fourth drillship has kicked off drilling operations on its first-ever offshore exploration well.
Filing of Ghana field development plan hampered by involvement of Russia’s Lukoil
Aker Energy is postponing the filing of its prepared development plan for the Pecan field offshore Ghana to the country’s authorities.
Canadian FPSO on track to return to home waters before year-end
Suncor has revealed that the Terra Nova life extension project is making progress and the FPSO is expected back in Canada by the end of 2022.
STR invests £1 million in new centre of excellence
Subsea Technology and Rentals (STR) has launched its global technology and innovation centre of excellence after investing £1 million (around $1.2 million) into the facility to support its growth plans. Located in Great Yarmouth, the facility will be the base of the business’ standalone technology a
EMEC collects funding for green hydrogen logistics
The European Marine Energy Centre (EMEC) has been awarded over €500,000 to secure two hydrogen tube trailers that will contribute towards the improved hydrogen supply in Orkney.
Floating solar start-up goes after seed money
French start-up HelioRec has opened a seed funding round, whose proceeds will be used to further advance its floating solar technology and business.
Brazilian field back online after downtime ends
Enauta has restarted production from a field off Brazil following a shutdown in preparation for the recertification of the field’s FPSO.
Rystad: 2022 high-impact oil & gas drilling activity on track to yield ‘one of the most productive annual volumes’
Rystad: Drilling success rate is set to rebound this year with the potential to result in one of the highest hydrocarbon volumes total on record.
Exowave and Semco Maritime form strategic partnership for wave energy
Danish wave energy start-up Exowave has teamed up with international offshore energy services provider Semco Maritime to build the future wave energy sector’s value chain.
POSH buys BOA Deep C to expand service capabilities
PACC Offshore Services Holdings (POSH) has signed an agreement to acquire offshore construction vessel (OCV) BOA Deep C from BOA OCV with an aim of bolstering its service capabilities. With the addition of the vessel, the company will complement the existing fleet with capabilities including subsea
Audubon to work on LLOG’s deepwater project in Gulf of Mexico
Audubon Engineering has entered into an agreement with LLOG to support its Salamanca floating production system project in the Gulf of Mexico.
ExxonMobil and ONGC to embark on deepwater oil & gas exploration off India
ExxonMobil has joined forces with ONGC to pursue hydrocarbon exploration opportunities in deep waters offshore India.
Equinor faces fierce opposition over plans for seismic campaign in Argentine Sea
Equinor is planning to conduct seismic exploration activities in the Argentine Sea but the environmentalists claim that the development of the offshore oil industry there would be disastrous.
Inflation and supply chain uncertainty cause delays for Dorado oil project
Santos has informed that the inflationary cost environment and supply chain uncertainty do not support the FID of its Dorado project in 2022.