Business & Finance
Rystad: Russian crude oil diverted from Europe to India & China as war rebalances trade flows
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.
Bluefield Geoservices zeroes in on US offshore wind market
Subsea geotechnical services provider Bluefield Geoservices is expanding its operations in the US with the latest export cable route site investigation for an undisclosed ‘major’ offshore wind project offshore the Northeast US. As part of the project, Bluefield will execute in situ cone penetration
Oil players join forces to develop ‘one of the largest CCS facilities in the North Sea’
Neptune Energy has teamed up with ExxonMobil, Rosewood and EBN for the development of a CCS project in the Dutch sector of the North Sea.
DMEC welcomes Danish delegation at Marine Energy Hub
His Royal Highness Crown Prince Frederik of Denmark, the Danish Minister of Climate, Energy and Utilities Dan Jørgense and the Danish Ambassador to the Netherlands Jarl Kåre Frijs-Madsen have paid a visit to Dutch Marine Energy Centre’s (DMEC) Marine Energy Hub in The Hague.
UK partnership paves way for future renewable energy workforce
EDF Renewables UK, DP Energy and Pembrokeshire College have joined forces to deliver a course set to prepare Welsh students for future jobs in the renewable energy sector. Destination Renewables will educate students about renewable energy technologies, including wave, tidal, solar, and offshore an
More OBN work for Magseis Fairfield
Magseis Fairfield has received a conditional award of an ocean bottom node (OBN) contract in the deepwater Gulf of Mexico from a repeat customer. The initial survey is scheduled to be conducted with Magseis Fairfield’s ZXPLR technology and is expected to take approximately three months. The agreemen
Energean to drill two more Israel wells with Stena drillship
Energean has exercised its options with Stena Drilling for two more wells offshore Israel as part of its 2022 growth drilling campaign.
After oil spill incident, Jadestone shuts in Australian field pending tank repairs
Following an oil leak, Jadestone has been forced to halt production from its field in the Timor Sea off Australia in preparation for repairs.
BP to reduce carbon footprint of Shah Deniz platform through new power supply
A joint venture between KBR and SOCAR has been awarded a FEED contract by BP for the Shah Deniz Alpha platform in Azerbaijan.
BP signs 30-year contracts for deepwater gas blocks off Indonesia
Oil and gas giant BP has inked 30-year production sharing contracts (PSCs) for two deepwater exploration blocks located offshore Indonesia.
Havfram to back MODEC on Senegal’s first offshore oil development
Havfram has secured a contract by MODEC Offshore Production Systems (Singapore) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) vessel destined for Senegal. MODEC will supply the facility to Woodside as part of the Sangomar Field Developm
Subsea Integration Alliance and Chariot ink FEED agreement
Africa-focused energy company Chariot has signed a front-end engineering and design (FEED) agreement with the Schlumberger-Subsea 7 consortium for the Anchois gas development project located within the Lixus licence offshore Morocco. The FEED support and design scope incorporates offshore components
Cheniere repurchases $350 mln of shares from Icahn Enterprises
U.S. LNG export project developer Cheniere Energy will repurchase $350 million of the company’s common shares owned by American conglomerate Icahn Enterprises.
Eni brings in first gas from Coral South into FLNG off Mozambique
Eni has introduced the first hydrocarbons from the Coral South field located offshore Mozambique to the Coral-Sul FLNG vessel.