Business & Finance
Harbour Energy’s new project set to boost UK gas output
Harbour Energy has started production from its delayed project in the North Sea, which is expected to boost the UK’s domestic production.
Subsea services bring MMA to Qatar
MMA has secured an integrated vessel and subsea services contract to provide offshore construction support services in Qatar. The multi-purpose support vessel MMA Pinnacle will be deployed in Qatar to provide a range of subsea services in support of a tier-one contractor working on a pipeline instal
Petrobras extends license for CGG seismic imaging software
Geophysical services company CGG has signed an expanded five-year licensing agreement with Petrobras for its Geovation seismic imaging software. The Brazilian oil and gas giant has been using the seismic imaging platform for over a decade and the new agreement is set to give its geoscientists access
Another hurdle out of the way as Noble shareholders greenlight Maersk merger
Noble Corporation has revealed that its shareholders have endorsed its plan to merge with Maersk Drilling almost unanimously.
Norway launches 30 GW by 2040 offshore wind investment plan
The Government of Norway has launched a large-scale investment plan aimed at allocating sea areas to develop 30 GW of offshore wind capacity by 2040. The ambition is that almost as much new power will be produced from offshore wind as Norway produces in total today. ”Today we launch a large-scale in
New gig in Norway for Solstad vessel
Aker BP has picked a platform supply vessel (PSV) from Solstad Offshore for support operations offshore Norway.
OSI wins EPIC contract for prototype subsea cables
Ocean Specialists, Inc. (OSI) has secured an engineering, procurement, installation, and commissioning (EPIC) contract for the testing and evaluation of prototype fiber-optic cables designed for deployment in saltwater. The objective of the project is to measure the short- and long-term impacts of s
BHP cleared to go ahead with infill drilling campaign off Australia
BHP has secured acceptance from the country’s offshore regulator for its infill development drilling programme offshore Western Australia.
Odfjell Technology on track to wrap up three-year campaign in Black Sea
Odfjell Technology is on track to successfully complete its three-year drilling project in the Black Sea with Black Sea Oil & Gas (BSOG).
Swedish start-up collects multi-million EU grant for full-scale wave energy device
Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.
Neptune to invest over $1 bln in next five years to secure energy supplies for UK
Neptune Energy will spend more than $1 billion over the next five years securing energy supplies for the UK.
Petrogas plans to unlock stranded North Sea gas discovery within three years
Petrogas plans to develop its Birgitta gas field in the UK North Sea within the next three years following the completion of an appraisal well.
Norway’s Equinor sells shares in two North Sea fields for over $1 billion
Equinor is exiting the Greater Ekofisk Area and selling a share of Martin Linge field off Norway for a total of $1 billion.
Korea’s first subsea cable laying vessel launched
LS Cable & System (LS C&S) has held the launching ceremony for what is said to be Korea’s first subsea power cable laying vessel. The ceremony for GL2030 was held on 21 April at Donghae Port in Gangwon-do, where LS Cable & System’s subsea cable factory is located. LS C&S said it is planning to [&hel