Business & Finance

POSH and Seamec join pipeline replacement project off India
A consortium of PACC Offshore Services Holdings (POSH) and Seamec Limited has won a contract worth more than $100 million for the seventh development phase of the Oil and Natural Gas Corporation (ONGC) Pipeline Replacement Project (PRP-7). POSH, in consortium with Seamec, has already begun providing

Canadian player to work on ADNOC’s power project for offshore operations
ADNOC has awarded a deal to SNC-Lavalin for its offshore ops power project, which is expected to spearhead its decarbonisation efforts.

MTC makes its first foray into FPSO deployment outside Malaysia
MTC Engineering (MTCE), an affiliate of MTC Group, has secured its first FPSO development project in Indonesia through a consortium.

Gwynt Y Mor readies for export cable corridor survey following cable issues
The Gwynt Y Mor offshore wind farm in the UK is set to undergo a pre-construction survey of its export cable corridor, following a series of export cable issues. Titan Endeavour will carry out the work, starting around 15 April and scheduled to take up to 7 days, subject to weather conditions. The p

UK player restores North Sea well into production with temporary fix
IOG has restored production from the Blythe well in the UK sector of the North Sea, after implementing a temporary solution.

EnerMech nets two deals thanks to brand-new joint venture in Azerbaijan
EnerMech has won two contracts since entering a new JV with Oil & Gas Proserv, a Nobel Energy Group subsidiary in Azerbaijan.

French subsea cable repair vessels to sport DLM de-trenching grapnels
UK-based Dynamic Load Monitoring (DLM) has received an order from an undisclosed customer for two wheel de-trenching grapnels set to be deployed from subsea cable repair vessels in France. DLM designed a custom-built version suitable to penetrate 1.8 meters into the seabed, significantly more than t

AET to speed up decarbonisation with major tech investments
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has made significant technology investments and teamed up with like-minded partners to accelerate decarbonisation, according to the company’s CEO.

Murphy cheers first oil from giant new platform in Gulf of Mexico
Murphy Oil has achieved the first oil from a project in the Gulf of Mexico, as production has begun flowing through the King’s Quay FPS.

Regulator OKs Cooper Energy’s Basker Manta Gummy decommissioning plan
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted Cooper Energy’s plan for first phase decommission activities at the Basker Manta Gummy (BMG) subsea oil development. The Basker Manta Gummy development is located entirely within Retention Le

PetroNor chairman suspect in ongoing corruption investigations
PetroNor is undertaking remediation steps in the midst of ongoing investigations into some of its workers facing allegations of corruption.

Wood hired to support Senegal’s first offshore oil development
Wood has been awarded a contract by Woodside Energy for the Sangomar FPSO development, located 100km south of Dakar, Senegal.

Fugro gets call for 3 GW offshore wind sites in the UK
Fugro has won a contract with BP and EnBW to carry out a geotechnical site investigation campaign at the Morgan and Mona offshore wind projects in the Irish Sea. Fieldwork will run from May to September at the site located approximately 30 kilometers off the coast of North Wales and North West Engla

Vietnam’s 100 MW nearshore wind farm to feature Chinese cables
ZTT Submarine Cable & System has secured a contract with a local contractor in Vietnam to deliver 83 kilometers of submarine composite cable for the Tan Phu Dong 1 nearshore wind project. ZTT is set to provide the bespoke design, supply and delivery of 35 kV submarine composite cable for the Tan Phu