Business & Finance
Woodside picks aviation services provider for Scarborough
PHI International has secured a contract with Woodside – on behalf of the Scarborough JV – for aviation services in Western Australia.
North Sea decarbonisation at the forefront of Scotland’s leasing round connecting offshore oil & gas with wind
A new leasing opportunity has been unveiled in Scotland connecting offshore oil and gas and wind in a push to decarbonise the North Sea.
Germany halts Nord Stream 2 in response to Russia’s latest actions
Germany has halted the process of certifying the Nord Stream 2 gas pipeline from Russia due to the current crisis in Ukraine, German Chancellor Olaf Scholz has been reported as saying. According to local media reports, Scholz has announced that his government is taking the measures in response to Ru
BP brings online ‘some of the most efficient barrels in the world’
BP has announced the start-up of an xpansion project in the Gulf of Mexico, the first of four major to be delivered globally in 2022.
Norway’s January oil output sinks below predictions
Norway’s oil production in January 2022 fell behind NPD’s predictions by 2.3 per cent, while the gas output also experienced a decrease.
Ocean technology trio forms new company
Norwegian Nortek, USA-based Strategic Robotic Systems and Australia’s Blueprint Lab have merged to form a common holding company called General Oceans AS. General Oceans will provide management services from a base in London, facilitating collaboration between the companies while also being responsi
Somalia’s inaugural offshore oil & gas deal with U.S. operator deemed illegal
The Office of the Auditor General is taking legal action against parties involved in hydrocarbon exploration deals for acreage off Somalia.
Schlumberger launches reservoir mapping-while-drilling service
Schlumberger has introduced a reservoir mapping-while-drilling service, which is said to leverage advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. GeoSphere 360 delivers real-time 3D reservoir insights which enhance reservoir understanding and enhance well
Welsh marine energy test site gets business development boost
Pembrokeshire Coastal Forum, the legal entity behind Marine Energy Test Area (META) project, has hired UK-based consultancy Saline Marine to grow clients and activities in the test area offshore Wales.
Almost there – Seadrill heading for bankruptcy exit
Offshore drilling contractor Seadrill has revealed a timeline for its expected emergence from the Chapter 11 bankruptcy.
Equinor closes Veslefrikk chapter in readiness for decom ops
Equinor has shut down the Veslefrikk field, located in the North Sea, in preparation for the upcoming decommissioning activities.
Subsea 7 fleet sports Marlink hybrid network solution
The UK-headquartered Subsea 7 has appointed Marlink to deliver a smart hybrid network solution for its vessels. Marlink will provide a hybrid network solution combining its global Sealink VSAT solution with L-band back-up, global 4G cellular services and connection to the Tampnet network for operati
Neptune to support high levels of gas output from Cygnus with series of contracts
Neptune Energy has awarded a series of contracts to support ongoing operations at its Cygnus Alpha and Bravo platforms in the UK North Sea.
Aker Solutions and Dril-Quip join hands for carbon capture and storage
Aker Solutions and Dril-Quip have entered into a collaboration agreement to offer subsea injection systems for carbon capture, utilization and storage (CCUS) projects. Under the agreement, Dril-Quip will provide Aker Solutions with CO2 injection Xmas trees and wellheads that will be fully integrated