Business & Finance
New oil discovery in Gulf of Suez is one of area’s largest in 20 years
Dubai’s oil and gas company Dragon Oil has made its first oil discovery in the Gulf of Suez, considered the largest in the last 20 years.
Maersk Supply Service on station-keeping duty for Shell Brasil
Shell Brasil has awarded Maersk Supply Service with a contract for a station-keeping assignment during the removal of the emergency Gas Lift Riser on the FPSO Fluminense. The scope includes responsibility for the station keeping, including vessels, heading control procedures, towmasters, survey equi
Talos reaches another CCS milestone with large-scale carbon sequestration hub
Talos has expanded its CCS portfolio to three sequestration projects, including two regional hubs and one point source on the Gulf Coast.
Van Oord picks Sofia inter-array cable supplier
Hellenic Cables has won a contract by Van Oord Offshore Wind UK for the supply of 66 kV inter-array cables and accessories for the 1.4 GW Sofia offshore wind project in the UK. Under the contract, Hellenic Cables will design, engineer, manufacture, test and supply approximately 360 kilometers of 66
Orient Cable wins EPCI contract for 500 MW offshore wind project
Orient Cable has won a cable engineering, procurement, construction and installation (EPCI) contract by MingYang Smart Energy for a 500 MW offshore wind project in China. The Chinese power cable specialist will deliver 220 kV export and 35 kV inter-array cables under the contract valued at more than
Three suppliers to bag $900 million from drilling contracts with Equinor
Equinor has extended existing drilling contracts, covering 19 assets on the Norwegian continental shelf, with three companies.
DeepOcean charters Hornbeck Offshore MPSV
DeepOcean has entered into a firm charter agreement with Hornbeck Offshore for the multi-purpose service vessel HOS Warland to support work in the U.S. Gulf of Mexico. The vessel has been part of DeepOcean’s offering for some time, but will now be secured through a time charter. The subsea services
Petrobras kick-starts divestment process for Gulf of Mexico assets
Petrobras has started a non-binding phase for the sale of its interest in a company, which holds E&P assets in the Gulf of Mexico.
Guyana’s offshore workers getting first in-country oil & gas training centre
3t EnerMech plans to launch Guyana’s first oil and gas training centre in collaboration with Orinduik Development and Windsor Technologies.
Nova Innovation inks lease for 15MW tidal energy array at Yell Sound
Scottish tidal energy company Nova Innovation has secured a seabed lease from the Crown Estate Scotland to develop its largest tidal energy array to date at Yell Sound in Shetland.
Trident taps Helix for long-term field decommissioning
Helix Energy Solutions has secured a long-term field decommissioning contract with Trident Energy for the Pampo and Enchova clusters in the Campos Basin, Brazil. Helix will provide a riser-based well intervention vessel, either Siem Helix 1 or Siem Helix 2, a 10k Intervention Riser System, project m
Melbana expands footprint in Australia with new exploration permit
Oil and gas company Melbana Energy has been awarded an offshore petroleum exploration permit in Australian waters by NOPTA.
Aker BP adds four development wells to Odfjell rig’s backlog
Aker BP will use a semi-submersible rig from Odfjell Drilling to drill four wells for its project in the North Sea.
TECO 2030 in new joint venture to deploy hydrogen fuel cells in KSA
Norwegian cleantech company TECO 2030 has signed a strategic cooperation agreement with Al Misehal Group in the Kingdom of Saudi Arabia (KSA) to form a joint venture aimed at reducing environmental impact in the country and ultimately achieving net-zero by 2060.