Business & Finance
Western Gas spuds high-impact exploration well off Australia
Western Gas has informed that a Valaris-owned semi-submersible rig has started drilling its operated Sasanof-1 well located offshore Australia.
DeepOcean extends charter of hybrid-powered Østensjø Rederi vessel
DeepOcean has signed a contract extension with Østensjø Rederi for the hybrid-powered construction vessel Edda Freya. Designed by Salt Ship Design and built by Kleven Verft in Ulsteinvik, Norway, Edda Freya is suited for cable laying operations, offshore construction, as well as advanced maintenance
Port of Kiel turns to Siemens for additional shore power plants
Port operating company Seehafen Kiel has contracted technology company Siemens AG for the construction of two additional shore power plants at Port of Kiel’s Ostuferhafen.
Enauta’s Brazil-bound FPSO to carry ABS Class notation
American Bureau of Shipping has revealed that an FPSO vessel, which will carry out work for Enauta off Brazil, will operate to ABS class.
Three new executives added to Valaris leadership
Offshore drilling contractor Valaris has appointed three new members of the executive management committee.
New deal doubles UK inspection specialist’s North Sea workload
Inspection Verification Bureau (IVB) has secured a verification deal with Wintershall Noordzee, doubling its work in the Southern North Sea.
UK imposes windfall tax on oil & gas producers
UK will introduce a windfall tax on oil and gas operators as the government is working to alleviate the cost-of-living crisis in the country.
Subsea 7 wins major EPCI contract with Petrobras
Subsea 7 has won a “major” engineering, procurement, fabrication, installation and pre-commissioning (EPCI) contract by Petrobras for the development of the Búzios 8 field in Brazil. The contract scope includes engineering, procurement, fabrication, installation and pre-commissioning of approximatel
Safety regulator launches probe into gas leak on North Sea platform
Norwegian safety regulator has opened an investigation into a gas leak incident on one of Equinor’s platforms in the North Sea off Norway.
Sumitomo firms up cable order for first Middle East subsea transmission system
Sumitomo Electric Industries has concluded the contract with Samsung C&T Corporation for the delivery of high-voltage direct current (HVDC) submarine cables for the first subsea HVDC network in the Middle East. The contract follows the limited notice to proceed (LNTP) for the project in the United A
US DOE welcoming proposals for $5 million water desalination program
The U.S. Department of Energy (DOE), in partnership with the National Alliance for Water Innovation (NAWI), has launched a $5 million solicitation for small-scale desalination and water-reuse technologies.
Norway’s Equinor closes Russian chapter following handover to Rosneft
Equinor has checked all the required items on the list to exit its joint ventures in Russia as a result of the country’s attack on Ukraine.
Geophysical survey about to begin at Moray West offshore wind project
Titan Surveys’ Titan Discovery is set to soon kick off nearshore geophysical site investigations at the Moray West offshore wind project in Scotland. The survey will be carried out along the project’s export cable corridor at the site located on the Smith Bank in the Outer Moray Firth, off the Caith
Germany pondering ‘negative bidding’ in offshore wind, WindEurope warns about consequences
Germany is looking to introduce the so-called “negative bidding” for some of its new offshore wind auctions, according to WindEurope, which warned about the effects this approach could have on consumers and the supply chain. Inspired by Denmark, whose Thor offshore wind auction used negative bidding