Business & Finance
Petrofac takes over decommissioning scope in Mauritania from Maersk Decom
Petrofac has grown its presence in Africa after having been selected by Tullow Oil to provide well decommissioning services in Mauritania.
Nova Innovation cheers selection of Yell for Carbon Neutral Islands project
Tidal energy pioneer Nova Innovation has welcomed the Scottish Government’s move to select Yell in Shetland as one of six islands included in its Carbon Neutral Islands (CNI) project.
Helix expanding decommissioning presence in Gulf of Mexico with new acquisition
Helix Energy Solutions has inked a deal to acquire Alliance in a bid to widen and increase its decom footprint in the Gulf of Mexico.
Borr Drilling wins four-year gig for jack-up rig
Borr Drilling has secured a binding Letter of Award (LOA) for a jack-up drilling rig from an undisclosed operator in Southeast Asia.
Worley to support Shell’s assets in Gulf of Mexico under new three-year deal
Shell has awarded a long-term engineering and procurement deal, encompassing five assets in the U.S. Gulf of Mexico, to Worley.
More surveys scheduled at Morgan and Mona offshore wind sites
A geophysical and environmental survey is set to commence at the Morgan and Mona offshore wind projects in the Irish Sea on 1 June. Survey vessel Titan Endeavour will carry out the nearshore survey of the projects’ cable corridors for approximately one week. The survey includes the use of a multibea
Enauta halts output from Brazilian well in preparation for ‘minor repairs’
Enauta has stopped production from a well at the Atlanta field to carry out – what it describes as – minor repairs in the production line.
Norway’s Equinor spuds exploration well offshore Canada
Norwegian energy giant Equinor has started its drilling campaign offshore Canada. The success of this campaign would contribute to Bay du Nord’s resources.
Chevron sanctions fresh deepwater project in Gulf of Mexico
Oil and gas major Chevron has sanctioned the Ballymore project located in the deepwater U.S. Gulf of Mexico.
Lamprell ticks off load-out and float-off for first of two jack-up rigs built for Saudi yard
Lamprell and IMI have completed load-out and float-off operations for the first of two jack-up rigs built for this Saudi yard.
Offshore rig utilisation rate even higher than reported as market continues to tighten, Westwood says
Westwood has revealed that the offshore rig utilisation is expected to continue its upward traction and spur a further rise in day rates.
Phase one of Sarawak seismic acquisition program all done
The PGS, TGS and Schlumberger consortium has completed the first phase of the Sarawak multi-client acquisition program offshore Malaysia. The parties completed the seismic acquisition of multisensor GeoStreamer data on phase 1 on the program, with data processing now well underway. “We are now plann
Maersk rig kicks off four-well intervention campaign in Brazil
Karoon Energy has started its intervention campaign on the Baúna field offshore Brazil using a Maersk Drilling-owned semi-submersible rig.
Lundin Energy to change its name as it prepares for renewables-focused era
Lundin Energy has proposed to change its company name effective from 1 July 2022, reflecting its pivot towards renewable sources of energy.