Business & Finance
Production temporary shut-in at Australian field to get repairs out of the way
Jadestone Energy has made up its mind to temporarily halt production from its field in the Timor Sea off Australia to complete tank repairs.
Oscilla Power secures $500K in ongoing crowdfunding campaign
US-based wave energy company Oscilla Power has raised over $500,000 in an ongoing crowdfunding campaign on StartEngine platform.
Polish player all set to spud Norwegian Sea wildcat with Odfjell rig
PGNiG has secured a drilling permit for a wildcat well in the Norwegian Sea, which will be spudded with a rig managed by Odfjell Drilling.
US DOE sets aside $10 million to advance marine energy innovation
The US Department of Energy (US DOE) has published a notice of intent to issue a $10 million funding opportunity to support innovation in the marine energy sector and contribute to the development of stronger blue economy markets.
Fresh deepwater gas discovery for Shell offshore Colombia
Shell has made a natural gas discovery in the Gorgón-2 exploration well, drilled in the deep waters offshore Colombia.
Altera Infrastructure enters Chapter 11 to tackle its debt
UK-based Altera Infrastructure has entered a Chapter 11 bankruptcy process in the U.S. to address its debt of over $1.5 billion.
Havfram appoints new chairperson to bolster subsea and offshore wind business units
Norway-based subsea and offshore wind contractor Havfram has appointed Arne Sigve Nylund as its new chairperson following the strategy adjustments of the company. The decision is said to align with Havfram’s aim to strengthen the industrial identity of its offshore wind installation, offshore wind d
Rystad: U.S. bill to bolster energy security with no respite for industry costs in sight
The U.S. Inflation Reduction Act will boost domestic energy security while offering no respite for energy industry costs, forecasts Rystad.
In focus: Heatwaves everywhere, but winter is coming
The words energy transition were on everybody’s lips in the last couple of years, but policymakers from European countries now see that in the short term energy security is more relevant than an energy transition.
New oil & gas discovery in Norwegian Sea offers Aker BP option for Skarv tie-back
Aker BP has made a new oil & gas discovery near its Skarv field in the Norwegian Sea and will consider tying the discovery into this field.
Rig on its way to South Africa to spud exploration well
Eco (Atlantic) has revealed that Island Drilling’s rig is slated to arrive and spud an exploration well offshore South Africa next month.
Canada invests in new technologies to reduce underwater noise from ships
The Government of Canada is investing in new technologies that will help reduce underwater noise from vessels on Canada’s waters.
Heerema’s Thialf removes topsides offshore Ireland – gallery
Heerema’s Thialf vessel has completed a decom activity related to a platform removal campaign for an offshore gas field in the Celtic Sea.
Maersk rig staying in Denmark with TotalEnergies
Maersk Drilling has secured an extension for one of its jack-up rigs, which will continue to carry out ops off Denmark for TotalEnergies.