Business & Finance
ExxonMobil flows first oil from second offshore development for Guyana
ExxonMobil has kicked off the first production from the second phase of its Liza project, making it Guyana’s second offshore development.
Heerema’s Sleipnir vessel to install Ichthys module in single lift
Heerema Marine Contractors’ Sleipnir has been selected by Inpex for the transport and installation of the Ichthys LNG module.
Solstad scores renewables trifecta
Norwegian vessel owner Solstad Offshore has secured contracts within the renewable energy sector for three of its subsea construction support vessels (CSVs). Normand Cutter is in charge of carrying out a 110-day firm contract for a cable project in Northern Europe. Work is set to commence this month
ORE Catapult says Acteon’s InterMoor is fit for offshore renewables
UK’s Offshore Renewable Energy (ORE) Catapult has granted InterMoor, the lead brand for Acteon’s mooring and anchors segment, a Fit for Offshore Renewables status. Fit 4 Offshore Renewables (F4OR) is a programme that verifies that UK service providers are equipped and have the key management systems
Stena rig bags new UK contract with TotalEnergies
Stena Drilling has secured a new contract for a semi-submersible rig with TotalEnergies for operations off the UK.
Boskalis Subsea Services settles in Port of Sunderland
Aberdeen-headquartered Boskalis Subsea Services has opened a new regional project office at the Port of Sunderland. Boskalis Subsea Services said it will use the base to expand the presence of its business vessel operations in the UK, as it looks to cater for growing demand for its offshore, IRM, co
Semco Maritime to service Floatel unit ahead of new job
Offshore accommodation rig provider Floatel has awarded Semco Maritime a contract for service work on a semi-submersible unit.
Equinor awards extensions worth over $1.3 bln to Norwegian suppliers
Equinor has extended agreements with Norwegian suppliers valued at over $1.3 billion for maintenance and modification services.
BP charters Prosafe unit for Trinidad job
Offshore accommodation services provider Prosafe has secured a new contract with BP for operations off Trinidad.
Sumitomo inks $200 million deal for first Middle East subsea transmission system
Sumitomo Electric Industries has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) cable for what will be the first of its kind submarine HVDC network in the Middle East. Under the $200 million deal, Sumitomo will deliver its 400
Brazilian operator gets brand-new fleet addition and fresh deal with Karoon
CBO has added a new PSV to its fleet and signed its second contract for one of its AHTS vessels with Karoon Energy.
Higher oil & gas prices lift TotalEnergies profit
TotalEnergies saw its quarterly profit soar at the end of 2021 while returning to the black on a y-o-y basis driven by higher prices.
Aker BP to splash $400 million on exploration and drill 13 wells in 2022
Aker BP is planning to drill 13 exploration wells this year while also working to develop several projects in Norway, including a new Alvheim tieback.
Fincantieri, BNP Paribas sign €700M sustainability-linked guarantee facility
Italian shipbuilder Fincantieri and BNP Paribas Italy have finalized an agreement to turn the guarantee line for a maximum amount of €700 million (about $797M) granted by the bank into a sustainability-linked guarantee facility.