Business & Finance
ADNOC Drilling scoops up mega deals worth over $3.4 billion
ADNOC Offshore has awarded two contracts worth more than $3.4 bln to ADNOC Drilling for eight rigs to expand offshore drilling activities.
Petrobras wraps up sale of shallow-water fields off Brazil
Petrobras has concluded the sale of its entire stake in producing shallow-water fields in the Espírito Santo Basin offshore Brazil.
Norway’s wave-powered desalination firm gets support in Spain
Norwegian wave-powered desalination developer Ocean Oasis has secured support from the authorities in Spain and Gran Canaria for its establishment and operations in Gran Canaria.
Equinor prolongs Siem vessel’s gig off Norway
Equinor has exercised an extension option with Siem Offshore to add more work to the backlog of an AHTS vessel carrying out ops off Norway.
As tank platform falls, thousands of crude oil gallons hit Louisiana waters
After the collapse of an oil tank platform in Terrebonne Bay, Louisiana, the U.S. Coast Guard has been called to respond to the oil spill.
Awilco LNG enters into new six-month charter agreement
Norwegian LNG transportation company Awilco LNG has entered a new time charter contract for a firm duration of about six months with an oil major.
Aker BP reveals plan to invest $700 million in North Sea tie-back
Aker BP has submitted a PDO for the Trell & Trine project in the North Sea to the country’s Ministry of Petroleum and Energy (MPE).
Contractor selected for environmental impact studies of ExxonMobil’s fifth Guyana project
Acorn International has been hired to lead environmental and social impact studies for ExxonMobil’s fifth development project off Guyana.
New gigs for Diamond rigs in North Sea, Gulf of Mexico, and Australia
Offshore drilling contractor Diamond Offshore has secured new work for its rigs in the North Sea, Australia, and the Gulf of Mexico.
Scotland opens offshore wind leasing round to decarbonise North Sea oil and gas
Scotland’s new offshore wind leasing round aiming to decarbonise the North Sea oil and gas sector has kicked off today.
McDermott wins more work for QatarEnergy’s North Field expansion
McDermott has secured a front-end engineering design (FEED) contract with state-owned oil and gas company QatarEnergy for the North Field South (NFS) expansion project. Under the contract, McDermott will be in charge of developing FEED studies for offshore and onshore pipelines, cables, and associat
UK firm ‘disappointed’ as merger plans come to naught
Kistos has made up its mind not to make a firm offer for Serica Energy, as it was unable to iron out the details for a proposed combination.
Malaysian operator equips two rigs with offline capabilities
Velesto has upgraded two jack-up rigs with offline capabilities to reduce days spent on a well and drilling costs while curbing emissions.
First Hydrogen to expand its green H2 business to North America
Vancouver and London-based green hydrogen company First Hydrogen has announced the expansion of its green hydrogen production plans to the North American market.