Business & Finance
New lineup for Equinor’s board of directors
Equinor has added a new member to its board of directors and re-elected several others, including shareholder-elected members.
SeaBird wins contract amid ‘improving OBN source market’
Cyprus-headquartered seismic firm SeaBird Exploration has won a contract to deliver ocean bottom node (OBN) source services in the Western hemisphere. The contract execution is planned to commence in the second half of August. The duration of the contract is expected to be around 14 months including
Santos’ offshore gas project faces legal challenge
A group of Indigenous Australians has launched a legal challenge in an attempt to block Santos from developing its Barossa gas field off Australia.
Geotechnical survey campaign soon to continue at Scotland’s 4.1 GW offshore wind project
SSE Renewables is set to mobilize the second phase of the geotechnical survey campaign at its Berwick Bank Wind Farm and the export cable route area between 15 and 20 June. The survey work is being undertaken by GEO and will be conducted from the 90-meter long Northern Ocean. The scope of work withi
Environmental groups starting legal action to end support for 30 EU-backed gas projects
Four environmental groups are starting legal action to end support for 30 EU-backed gas projects with a total cost of about €13 billion.
Harbour Energy seeks permit to develop North Sea field as subsea tie-back
Harbour Energy has filed its environmental statement with the UK authorities for the development of a field located in the North Sea.
Matrix to deliver riser buoyancy system for newbuild Asian deepwater floating rig
Matrix Composites & Engineering has secured a purchase order from Himile Mechanical Manufacturing for the supply of a deepwater drilling riser buoyancy system. Under the A$14 million (around $10 million) contract, Matrix will develop riser buoyancy modules and a riser protection system to support a
Transocean semi-sub to drill at least nine more wells in Norway
Transocean has secured a contract extension in Norway with the firm part of the backlog worth about $181 million.
Carnegie delivers ‘step change improvements’ in cost and performance of CETO wave tech
Carnegie Clean Energy has achieved its internal commercial target of reducing CETO wave energy technology’s cost of energy to a level that puts it on the established industry trajectory and reduces timeframe to reach commercialization.
U.S. goverment to fund $8 billion program to develop clean hydrogen hubs
The U.S. Department of Energy (DOE) will fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America.
Asian shipbuilder unveils new fast crew boat design with array of additional features
Strategic Marine has revealed its new 38m offshore fast crew boat (FCB) design with 40 knots plus service speed.
Transocean rig to drill North Sea prospect for ConocoPhillips
ConocoPhillips has been granted consent for exploration drilling in the North Sea off Norway by the country’s petroleum safety regulator.
Dril-Quip maps out decarbonization plan
U.S. manufacturer of drilling and production equipment Dril-Quip has set its decarbonization targets, aiming to reduce its combined Scope 1 and Scope 2 emissions by more than 50% by 2030. Dril-Quip’s decarbonization actions include switching to renewable electricity at certain manufacturing sites, r
Polish firm nearly set to spin the drill bit in Norwegian Sea
PGNiG has been granted consent for exploration drilling in the Norwegian Sea by Norway’s offshore petroleum safety regulator.