Business & Finance

UK player lands another gig on Inpex’s Ichthys project
EnerMech has won another deal to support Inpex’s Ichthys LNG project in Australia by providing technical support and maintenance services.

MODEC’s Brazil-bound FPSO to get training simulator for critical operating procedures
MODEC has hired Inprocess for the provision of a new Emulated Operator Training Simulator (OTS) solution for an FPSO vessel offshore Brazil.

Equinor’s giant new FPSO Johan Castberg reaches Norway
Last Friday, the hull for the Johan Castberg FPSO vessel arrived in Norway following a journey from a shipyard in Singapore.

Eco Wave Power inks deal for 2MW wave power plant in Spain
Swedish-Israeli company Eco Wave Power has signed an agreement with Port Adriano in Spain for the potential construction of a wave energy power plant of up to 2MW.

Maersk rig booked for 31-well campaign in North Sea
Maersk Drilling has secured a 19-month P&A contract through a rig sharing agreement between TotalEnergies and Petrogas.

Portugal’s floating solar auction records world’s lowest energy price
The recent floating solar auction in Portugal proved to be a major success with new records set for the lowest energy price ever, with the country awarding the lowest tariff in the world of -4.13 €/MWh.

After delays due to poor weather, Empyrean kicks off drilling ops offshore China
Following several delays, Empyrean Energy has started drilling the Jade prospect well, located in Block 29/11 off China.

Equinor spuds ‘one of the largest gas prospects in Norway in 2022’
Equinor has started drilling a wildcat well, located in the North Sea offshore Norway, using an Odfjell Drilling-owned rig.

NeuConnect selects key contractors, financial close in sight
The NeuConnect consortium has selected the contractors for cabling and converter station works for the first-ever energy link between the UK and Germany. Siemens Energy has been selected to supply the turnkey high-voltage direct current (HVDC) transmission system for the project and will build two c

Petronas employee arrested over suspected graft
Malaysian state-owned oil and gas company Petronas has revealed that one of its employees has been arrested over suspected graft.

Vaalco to boost overall Gabon field recovery after new well comes on stream
After drilling another well, Vaalco expects to bring it online within a few weeks, anticipating increased recovery from a field off Gabon.

Mermaid Maritime sets up subsidiary in the UAE
Thailand-headquartered subsea services provider Mermaid Maritime has established an indirect 50%-owned subsidiary in the United Arab Emirates. The primary activity of the subsidiary designated as Millennium 3 Ship Management and Operations DMCCO will be managing and operating the DP2 construction su

Aker BP brings online North Sea project less than two years after first steel
Norwegian operator Aker BP and its partner Pandion Energy have started production from the Hod B in the southern North Sea offshore Norway.

Austrian player to furnish Aker BP’s new offshore platforms with remotely operated cranes
Aker BP has inked a deal with Palfinger for the provision of remotely operated cranes for its new offshore platforms in Norway.