Business & Finance
Mermaid adds multiple contracts to its to-do list
Mermaid Group has secured multiple contracts through its subsidiaries in Thailand, the Middle East and the United Kingdom with a combined value ranging between $175 and $265 million. The scope of work includes cable laying, inspection, repair and maintenance (IRM), decommissioning, and other related
Eight more Equinor wells lined up for Odfjell rig
Equinor decided to add more wells to the backlog of an Odfjell Drilling-owned rig, which now has eight more wells to drill offshore Norway.
Norwegian giant obtains permit for North Sea well duo
Equinor has secured a permit from the country’s authorities to drill two wells in the North Sea off Norway, using one of Transocean’s rigs.
UAE’s ADNOC and TotalEnergies strengthen ties to ensure energy security
TotalEnergies and ADNOC have expanded their strategic alliance to explore opportunities in energy security, gas growth, and decarbonisation.
Largest Equinor-operated field outside Norway back on stream
After more than two years since the production at a field off Brazil was halted, Norway’s Equinor has restarted it ahead of Phase II startup.
UK-based firm records ‘largest ever realised’ crude oil lifting
Panoro Energy has completed a crude oil lifting described as the largest one to date, garnering over $80 million from a single oil cargo.
‘Major’ energy player hand-picks Sembcorp Marine to build topsides for gas project
Singapore’s Sembcorp Marine has been hired by an undisclosed energy firm for the construction of topsides for a gas project in Australia.
Saipem rig wraps up drilling ops on Norwegian North Sea field ahead of first oil
Wintershall Dea has finished the drilling campaign at a field in the Norwegian North Sea with Saipem’s Scarabeo 8 semi-submersible rig.
CRP Subsea scores several deepwater contracts in Brazil
CRP Subsea has secured several deepwater contracts to provide distributed buoyancy modules (DBMs) in Brazil for undisclosed companies. The distributed buoyancy modules will be used to reduce top tension by maintaining a lazy wave configuration of the pipeline, reducing the risk of pipeline failure a
PIL opens new centre for maritime efficiency to cut carbon footprint
Singapore-based shipping company Pacific International Lines (PIL) has opened a new Centre for Maritime Efficiency (CME) to enhance its operational efficiency as part of the commitment to lowering its carbon footprint. According to PIL, the key role of the new centre is to enable the company to grow
RWE and SolarDuck partner up to commercialize offshore floating solar. Plans laid for integration with offshore wind
RWE, one of the world’s leading companies for renewable energy, and Dutch-Norwegian company SolarDuck have signed a collaboration agreement to develop the use of floating solar parks at sea, while also outlining plans for integration of such power plants with offshore wind farms.
UK player increasing its stake offshore Angola
Afentra plc has inked a deal with Croatia’s INA-Industrija Nafte to acquire the latter’s interests in two blocks offshore Angola.
New contract for Subsea Viking
Eidesvik Offshore has secured a five-year contract with Van Oord for the offshore support vessel Subsea Viking. The 103-meter long vessel will be deployed at Van Oord’s projects as a trenching support vessel and will be the main platform for the company’s trencher Dig-It. The contract will commence
Vantage reactivating rig for ‘fourth major project’ in 2022
A drillship managed by Vantage Drilling and owned by Aquadrill Offshore is being reactivated for its new job in India.