Business & Finance
CGG inks long-term 4D imaging deal with Equinor
CGG has secured a multi-year contract with Equinor for 4D seismic imaging of multiple towed-streamer and ocean bottom cable (OBC) datasets from the Gullfaks field area in the Norwegian North Sea.
Halliburton to help Aker BP in accelerating digital transformation
Halliburton has joined forces with Aker BP to develop a next-generation intelligent system, aiming to evolve field development planning.
UK geothermal specialist awarded ‘first of its kind’ study to decarbonise oil & gas extraction
CeraPhi Energy has been awarded funds to carry out a decarbonisation study, aiming to repurpose offshore oil and gas wells.
Norway’s oil and gas output sinks in April
Norway’s oil production fell behind predictions for the second month in a row while gas output is in line with the NPD’s forecast.
In focus: Europe’s political balancing act within offshore energy realm
European governments’ efforts to balance the security of the energy supply and climate change materialised in the form of a plan, which is expected to reduce its dependence on Russian fossil fuels and fast forward the green transition.
U.S. to release proposed offshore oil & gas leasing plan by end of June ‘despite delays’
The Biden administration is planning to propose a new, five-year offshore oil and gas leasing program by the end of June this year.
Koil Energy Solutions receives first post-rebranding order
Subsea technology solutions provider Koil Energy Solutions, formerly Deep Down, has received an order from a “major energy producer” to provide hydrogen energy-related services. The project will initially focus on storage, management and enhancement of customer-furnished materials using Koil’s alloy
Following plans to scale up gas production, Polish player secures more Norwegian acreage
PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.
Tekmar cable protection systems going to China
Tekmar Energy has won a contract to deliver cable protection systems (CPS) for the Shenquan Phase 2 offshore wind project in China. Tekmar is supplying both inter-array and export cable protection systems for the project, in support of Hengtong Subsea Power Cables. The systems will be manufactured i
New long-term job for Shelf Drilling in India
Offshore drilling contractor Shelf Drilling has secured a long-term deal for one of its jack-up rigs for operations offshore India.
Ecopetrol and U.S. player embarking on hydrocarbon quest in deep waters off Colombia
In a bid to strengthen offshore exploration, Ecopetrol has joined forces with Occidental to search for hydrocarbons in four Colombian blocks.
DEME on survey mission offshore Ireland
DEME Group’s DP2 jack-up vessel Neptune is about to begin a geotechnical site investigation survey at the Arklow Bank Phase 2 offshore wind project in the Irish Sea. The aim of the survey is to provide site investigation information to facilitate the development of the Arklow Bank Wind Park off Wick
ORPC picks turbine shafts supplier for tidal power systems
US-based marine energy company Ocean Renewable Power Company (ORPC) has selected Millinocket Fabrication & Machine to manufacture the turbine shafts for its portfolio of tidal power systems.
DOE to grant $24.9 m to advanced clean hydrogen technologies projects
The U.S. Department of Energy (DOE) has announced $24.9 million in funding for six research and development projects to support the advancement of clean hydrogen for electricity generation. DOE will partner with private companies to research advanced technology solutions that could make hydrogen a m