Business & Finance
Italian contractor to bring Nabors’ suite of tech options to Europe and Africa
Hydro Drilling will deploy Nabors’ technologies and services in Europe and Africa to improve hydrocarbon production and curb emissions.
Geophysical survey starting at 200-turbine array offshore Ireland
Irish marine and aerial survey company Ondine is set to begin a geophysical survey at the Lir Offshore Array located off the east coast of Ireland today, 1 July. Ondine will be completing the survey works from 1 July to 15 August, subject to weather conditions, on a 24-hour basis, seven days a week.
Transocean rig gets the go-ahead for ops at Equinor’s North Sea field
Equinor has received consent from Norway’s regulator to use a Transocean-owned rig for well intervention on a field located in the North Sea.
Borr needs more time to put in place financing solution
Borr Drilling is still engaged in talks with creditors to find a financing solution to extend its 2023 debt maturities and refinance.
Aker BP all set to deploy Maersk rig on North Sea field
Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling-owned rigs on a field located in the North Sea.
Rig gearing up to kick off Kuwait’s first offshore drilling campaign
Kuwait Petroleum Corporation (KPC) has revealed that Kuwait will be embarking on its first offshore drilling campaign soon.
Fugro continues with surveys at Inch Cape offshore wind farm
Fugro is about to commence a vessel-mounted bathymetry survey at the Inch Cape offshore wind farm, located off the Angus coastline in Scotland. The activities are planned to begin on or after 2 July and are expected to take up to 10 days to complete, weather permitting. The 50-meter DP2 research/sur
Offshore wind to power sustainable aviation fuel production in Sweden
Vattenfall and St1 have signed a Letter of Intent to develop a fossil-free value chain for production of synthetic electro fuel from offshore wind, with the next step being conducting a feasibility study into bringing the project to life in 2029 and gradually growing towards the target of one millio
UKEF shows interest to fund SBS’ tidal power project in Indonesia
SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia
TGS acquires compatriot asset management provider
Norwegian seismic player TGS has acquired Prediktor, a compatriot provider of asset management and real-time data management solutions to renewable and energy asset owners. Based in Fredrikstad, with 40 employees, Prediktor currently supports 7 GW of renewable energy assets, mainly PV solar, with a
Lundin rebrands as Orrön Energy after ditching E&P business
Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.
North Sea TSO seeking service providers offshore Germany
Dutch-German transmission system operator (TSO) TenneT has begun two tendering processes looking for providers of offshore services in Germany.
All systems go for Wintershall Dea to bring North Sea tie-back on stream
Wintershall Dea has secured all approvals from the Norwegian authorities to start production from a field in the North Sea off Norway.
Aker BP – Lundin merger to come into force today
Aker BP expects the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, to be completed today.