Business & Finance
Australia’s Karoon looking to enter Atlanta field off Brazil
Brazil’s Enauta has confirmed it is in talks with Australia’s Karoon Energy for the sale of part of its interest in the Atlanta field offshore Brazil.
QatarEnergy joins ExxonMobil in Egypt to explore ‘exciting prospects’
QatarEnergy has entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.
Isle of Man Ship Registry, FuelTrust sign deal for green ship validation
The Isle of Man Ship Registry (IOMSR) has signed a memorandum of understanding (MoU) with Houston-based technology company FuelTrust to validate vessels for the flag’s Green Ship scheme.
PanGeo scores $5 million deal for Gulf of Mexico decom campaign
PanGeo Subsea, a wholly-owned subsidiary of Kraken Robotics, has won a $5 million contract from Couvillion Group for a decommissioning campaign in the US Gulf of Mexico. The 90-day campaign represents the largest Acoustic Corer project for PanGeo so far, with commencement scheduled for the second qu
North Sea operator cheers licence extension, enabling execution of field development plan
Orcadian has won an extension for a licence in the UK North Sea, bolstering its hopes of putting into action a development plan for Pilot.
Argeo gets OK for multi-client program at first Utsira Nord offshore wind project
Norwegian authorities have approved Argeo’s planned multi-client program for the first offshore wind project to begin at Utsira Nord, with data acquisition set to soon commence. Argeo will start the operations using its autonomous underwater vehicle (AUV) equipped with sensors to acquire data over t
Aker Clean Hydrogen and Aker Horizons to merge and strengthen H2 production
Aker Clean Hydrogen and Aker Horizons will merge to strengthen the integration of hydrogen production with downstream applications in large-scale hybrid decarbonisation projects.
Thai giant to focus on natural gas and greenhouse gas intensity in new projects
PTTEP has set a goal to achieve net-zero emissions by 2050 with the help of technology, employing CCS, zero routine flaring and renewables.
Nexans Aurora picks up first-ever US-made high voltage subsea cables
Nexans’ newest cable-laying vessel Nexans Aurora has arrived at the company’s recently upgraded Charleston plant for the load-out of the first high voltage subsea cables made in the United States. The high-voltage subsea cable plant in Charleston, South Carolina, officially opened in November 2021,
Avenir LNG becomes sole owner of Italy’s Higas LNG terminal
UK-based small-scale LNG company Avenir LNG has acquired the shareholdings of its minority partners in HIGAS, thus becoming the sole owner of the Italian LNG terminal.
UK regulator blocks $5B Cargotec-Konecranes merger
Following a decision by the UK Competition & Markets Authority (CMA) to block the merger between Finnish engineering majors Cargotec and Konecranes, the duo has decided to cancel the planned business combination.
Equinor orders survey over UK field to help maximize production
Norwegian seismic exploration company Shearwater GeoServices is set to perform a 4D time-lapse seismic monitor project at Equinor’s Mariner field off the UK. The one-month project, which will be carried out during the 2022 North Sea summer season, represents the third Isometrix survey over the field
Following recent upgrades, Eidesvik vessel lands new deal with Equinor
Eidesvik has inked a new contract for one of its recently upgraded platform supply vessels (PSVs) with Norway’s state-owned giant, Equinor.
Shell fires up Olympus tie-back in Gulf of Mexico
Shell has kicked off production at a tie-back to its Olympus production hub, unlocking further value in the U.S. Gulf of Mexico.