Business & Finance

Equinor cleared to deploy Transocean rig for well workover
Equinor has received consent from Norway’s safety regulator to use one of Transocean’s rigs for well workover on a field in the Norwegian Sea.

Fugro gets to work on East Anglia Hub
Fugro has secured a contract with ScottishPower Renewables to carry out UXO geophysical surveys within the East Anglia Hub offshore wind area in the southern North Sea. The start of the activities is 20 July, with all operations expected to be concluded by 31 October at the site offshore Lowestoft t

Brazilian field’s downtime coming to an end
Following a scheduled shutdown at a field off Brazil, Enauta is planning to restart production from this field by September.

Keppel cancels three contracts
Keppel has terminated contracts with three clients related to orders for a jack-up drilling rig, a tender-assist rig, and a liftboat.

Subsea inspection on schedule at Irish gas field
Vermilion Exploration & Production Ireland is about to commence pipeline and subsea structure inspection at the Corrib gas field. The works are part of a maintenance campaign and are expected to begin in field on approximately 14 August and take up to 21 days, weather dependent. The vessel EDT Jane,

Amp Energy partners with RUMSL for India’s 600MW floating solar project
India’s renewable energy company Amp Energy India has signed a power purchase agreement (PPA) with Rewa Ultra Mega Solar Ltd (RUMSL), a floating solar park developer, for 100MW/140 MWp capacity. RUMSL, a joint venture of Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam Ltd., has

Fast crew suppliers from Damen to support oil & gas ops in Angola
The Netherlands-headquartered EMAR Offshore has bought two fast crew suppliers (FCS) from Damen Shipyards Group.

Exmar sells Tango FLNG to Eni
Belgian shipping company Exmar has signed an agreement with Italian oil and gas company Eni for the sale of Tango FLNG.

Japanese duo setting up joint venture for large-scale FPSO projects
MODEC and Toyo Engineering Corporation are setting up a joint venture for floating production storage and offloading (FPSO) vessels.

Equinor files key document ahead of plans to invest billions in UK oil and gas project
Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities

Scottish marine energy firm hits fundraising target in two days
Edinburgh-based marine energy firm QED Naval has reached the target of its latest fundraising campaign in just two days.

Sval Energi moves to buy Suncor’s Norwegian assets
Sval Energi is buying Suncor Energy’s Norwegian business in a bid to expand its portfolio and workforce as part of its growth strategy.

Date set for Baltic Pipe opening ceremony
Polish gas transmission system operator GAZ-SYSTEM will hold the opening ceremony for the Baltic Pipe project on 27 September. The announcement comes as the technical commissioning of all three gas compressor stations that will distribute gas imported from the Norwegian Shelf in Poland has been comp

Repsol’s Guyana well hits water-bearing targets
Repsol has found good quality reservoir at its exploration well off Guyana but both targets are water-bearing.