Business & Finance
Masirah Oil swaps tankers in Oman, seeks rig contractor for new drilling campaign
Following a floating storage tanker change, Masirah Oil plans to carry out a drilling campaign in the Q3 2022 in the Block 50 offshore Oman.
Spirit Energy gives out North Sea decommissioning contracts
UK’s Spirit Energy Production has awarded DeepOcean and Heerema Marine Contractors with contracts for removal and disposal services of its North Sea decommissioning portfolio. Following the submission of a joint tender, both companies won contracts that will be executed under a tripartite collaborat
Tidewater creating ‘industry’s largest fleet of OSVs’ by taking over Singapore operator
U.S. operator Tidewater is taking over Singapore’s Swire Pacific Offshore to create “the world’s leading offshore support vessel operator.”
EU outlines actions to eliminate dependence on Russian fossil fuels
The European Commission has proposed an outline of a plan, which is supposed to make Europe independent from Russian fossil fuels.
Bridge Petroleum contracts Fraser for well and pipeline operatorship
Fraser Well Management (FWM) and Fraser Integrity Management (FIM) have won a contract by Bridge Petroleum to provide well and pipeline operator services for the Bardolino field off the UK coast. The field is situated in UKCS Licence Block 22/13a, approximately 162 kilometres east northeast of Aberd
UK start-up gets funds to reduce subsea decommissioning carbon footprint
Legasea has secured funding from Scottish Enterprise for a project that aims to reduce the carbon footprint of subsea decommissioning operations by taking equipment that is no longer required and finding ways to refurbish, recertify, remanufacture and reuse it, keeping in use as many components as p
French seismic firm joins SELKIE network
France-based geophysical services company CGG has joined SELKIE’s cross-border innovation network of developers and supply chain companies focused on increasing and diversifying the marine energy sector. CGG’s knowledge, data and technology are expected to enable SELKIE network partners to reduce na
Norwegian player’s expansion expected to more than double its daily output
Pandion has inked an agreement to acquire ONE-Dyas’s subsidiary holding the company’s Norwegian assets to double its daily production.
U.S. bans Russian oil, LNG, and coal imports while UK moves to phase out Russian oil imports
U.S. President Joe Biden has banned the imports of Russian oil, LNG, and coal while the UK government has decided to phase out Russian oil imports
AET boasts fleet of 13 DP2 shuttle tankers following latest delivery
AET has taken delivery of the second of three Suezmax DP2 shuttle tankers, purpose-built for a charter with Shell for operations in Brazil.
Chevron picks contractor for Australian gas facilities support
Chevron has selected Upstream PS to provide commissioning and operations support services to its natural gas facilities in Australia.
UK firm joins Subsea 7 on Senegal’s first offshore oil development
Bureau Technical Services is supporting Subsea 7 with quality assurance and quality control services (QA/QC) for the deepwater Sangomar Field Development Phase 1 project offshore Senegal. The project includes 46 pipeline end terminations (PLETs) and in-line tee structures (ILTs) to be fabricated wit
OFG, PGS boost seismic services with new acquisition
Ocean Floor Geophysics (OFG), in partnership with PGS, has signed an agreement to acquire NCS SubSea, a marine seismic firm that provides ultra-high-resolution 3D seismic data to the oil and gas and new energy markets via P-Cable system.
Norway’s Equinor spuds North Sea wildcat well
Norwegian oil and gas giant Equinor has started drilling operations on the Kveikje exploration well located in the North Sea offshore Norway.