Business & Finance
Offshore inspection of Murphy’s giant new platform ahead of first oil
U.S. offshore safety and environmental enforcement agency has conducted an inspection of Murphy Oil’s King’s Quay platform.
Enauta hires rig for Brazilian field ops
Brazilian oil and gas company Enauta has signed a drilling rig contract for operations on its Atlanta field located offshore Brazil.
2021 best-ever financial year for Reach Subsea
Norway’s Reach Subsea has reported 2021 as the best financial year in company history. This is said to be driven by high vessel utilization and project execution, as well as the purchase of OCTIO. In its latest financial report, Reach Subsea stated it also had its best-ever fourth quarter which saw
Keppel O&M lands fresh batch of contracts
Keppel Offshore & Marine has secured new contracts from repeat customers with a total value estimated at about $186 million.
Maersk posts record earnings, further expands logistics portfolio
Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions.
API taking action against Gulf of Mexico oil & gas lease sale ruling
The American Petroleum Institute appeals the ruling, which invalidated the results of last year’s Gulf of Mexico oil and gas lease sale.
C-Power gets investors backing for ocean energy and data solutions
U.S.-based marine energy company C-Power has announced the first closing of a Series B-2 round of investor funding that will enable the company to advance its business strategy.
Scots back enhanced subsea gas tieback project with £765k
Worley has secured £765,000 support from Scottish Enterprise for an enhanced subsea gas tieback project which is said to reduce operational CO2 emissions in gas fields by more than 90%. The funding will be used for full pre-production testing of Worley’s pseudo dry gas (PDG) liquid removal system wh
MMA Offshore inks contract renewal with Inpex
MMA Offshore has been awarded a long-term contract for one of its platform supply vessels by Inpex for operations offshore Australia.
DSCV Van Gogh on two-year charter with Mermaid
Mermaid Subsea Services has entered into a two-year charter-in contract for the DP2 diving support construction vessel (DSCV) Van Gogh. The vessel, already delivered to Mermaid Subsea Services, will be immediately deployed to support the company’s subsea projects. Van Gogh will undertake inspection,
Noble rig preparing to drill surface hole for Santos well
The Noble Tom Prosser rig has arrived at the site and is about to drill the Santos-operated Pavo-1 well offshore Australia.
Report: Three dead, four still missing after FPSO explosion in Nigeria
At least three people have reportedly died following an explosion of the FPSO Trinity Spirit in waters off Nigeria.
Petrobras and Yinson firm up FPSO deal worth over $5 billion
Petrobras and Yinson have signed the contracts for the chartering and provision of FPSO services for the Jubarte field offshore Brazil.
Wight Shipyard to merge with OCEA
Britain’s aluminium shipbuilder, The Wight Shipyard Co., has unveiled an all-share merger with the complementary French shipbuilder OCEA to create a combined group to capitalise on the fast ferry and offshore renewable energy markets opportunities.