Business & Finance
Guyana partners confirm light oil and gas condensate discovery ahead of new well
CGX Energy and Frontera Energy have made a light oil and condensate discovery in their exploration well on the Corentyne block off Guyana.
Lamprell to deliver upgrades for three jack-up rigs
Lamprell is in the frame for upgrade work on three jack-up drilling rigs ahead of their move to the Gulf region.
Scana subsidiary wins mooring contract for Brazilian FPSO
Norway’s Seasystems, owned by Scana, has won a contract for the delivery of an anchoring system for a floating production, storage and offloading (FPSO) project in Brazil. Seasystems will under the contract deliver mooring equipment, such as dual axis chain stoppers, chain handling systems and winch
ConocoPhillips files development plan for $1.2 bln North Sea project
ConocoPhillips and its partners have submitted a PDO for a project in the Greater Ekofisk Area with investments totalling around $1.2 bln.
NextGeo wraps up offshore surveys for TenneT
London-headquartered NextGeo has completed offshore route survey activities for transmission system operator (TSO) TenneT on three wind zones in the Dutch North Sea. NextGeo finished the final reporting phase of the offshore survey operations (non-UXO) for the Hollandse Kust West Beta (HKWb), Ten No
Maersk Supply Service sells three laid-up vessels for scrap
Maersk Supply Service has arranged to recycle three vessels as part of its strategy to optimise its fleet portfolio.
Karoon adds to Maersk rig’s backlog in Brazil
Karoon has decided to exercise its option for two additional wells in Brazil to be drilled by one of the Maersk Drilling-owned rigs.
Industry big shots join new Global Underwater Hub board
Following its recent establishment, the Global Underwater Hub (GUH) has appointed members of its board who come from a range of backgrounds across the blue economy, including renewable energy, defence and aquaculture. The board members are Sue Barr, chair of Marine Energy Council, Zander Bruce, subs
Kongsberg to furnish Brazil-bound FPSO with electrical and control equipment
Kongsberg Maritime has inked a deal with Yinson to deliver electrical and control technologies for an FPSO, which will operate off Brazil.
New gas discovery for Energean off Israel
Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential of the Olympus Area.
Keppel O&M secures deals for two jack-up rigs with ADES
Keppel O&M has won a deal worth around $97 million with Saudi Arabia’s Public Investment Fund-affiliated company, ADES, for two jack-up rigs.
UK regulator mulling over rig sale proposal as solution for Maersk-Noble merger
The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.
Terna seeks green light for Tyrrhenian Link from Ministry of Ecological Transition
Italian transmission system operator (TSO) Terna has submitted a request for authorization to Italy’s Ministry of Ecological Transition (MiTE) to construct and operate the West Section of the Tyrrhenian Link, which will connect Sicily and Sardinia. Following the submission of the application, the pr
Petrobras unveils plans to invest $16 bln in ‘largest revitalisation project in the offshore industry worldwide’
Petrobras has revealed plans to invest $16 bln in the Campos Basin revitalisation project and $5.5 bln in extraction activities in Brazil.