Business & Finance

Crowdfunding campaign launched to support sailing cargo ships
WiSEED is launching a crowdfunding campaign for NEOLINE Développement.

FAR speeding up evaluation of Gambian well results with revised exploration plan in mind
FAR is expediting the evaluation of drilling results for the Bambo-1 well, hoping to devise a new exploration plan offshore The Gambia.

Enauta extends Brazilian FPSO charter
Enauta has signed agreements with Altera to extend the charter of FPSO Petrojarl I on the Atlanta field located offshore Brazil.

TotalEnergies brings in Maersk rig for North Sea job
Danish offshore drilling contractor Maersk Drilling has been awarded a contract with TotalEnergies in the Danish North Sea.

Valaris lands two new floater deals
Valaris has been awarded two one-well contracts with subsidiaries of Murphy Oil Corporation for a semi-submersible drilling rig.

Multiple vessels working in energy sport Sonardyne hybrid positioning tech
Sonardyne has received multiple orders for its hybrid acoustic and inertial position reference systems to be installed on a number of deepwater vessels operating in the energy and ocean research sectors. Offshore drilling contractor Noble Drilling ordered a 6G upgrade to the Marksman system onboard

Carnarvon in trading halt while waiting on Buffalo well results
Carnarvon Energy has asked for an immediate trading halt of its shares pending news on the results of its Buffalo well offshore Timor-Leste.

Norwegian player giving new life to oil & gas vessel with conversion for offshore wind
Norside bought a platform supply vessel used in the oil and gas industry for the purpose of converting it for offshore wind ops.

ZIM charters three 7,000 TEU LNG dual-fuel boxships
Israeli shipping company ZIM Integrated Shipping Services has entered into a new eight-year charter agreement for three 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels.

PGS hired for Northern Lights
Petroleum Geo-Services (PGS) has secured a contract with Equinor to carry out seismic acquisition in support of the Northern Lights carbon capture and storage project. The acquisition is scheduled to start in the second quarter of the year and will have a duration of approximately one month. Equinor

Eco increases exposure in ExxonMobil’s block off Guyana
Eco has increased its position in Guyana through the acquisition of an additional interest in the ExxonMobil-operated Canje Block off Guyana.

Tullow contracts Ghanaian Navy vessels to ensure safety in offshore fields
Tullow and the Ghana Navy have entered into an agreement valued at $23.5 million for the provision of security services in Ghanian waters.

UK union slams ‘draconian’ jab or job policy by North Sea operator
Oil and gas workers’ union has called the introduction of mandatory vaccination policy by a North Sea operator “draconian.”

South Korea: 23 shipping companies fined $81M for price fixing
South Korean antitrust regulator has sanctioned 23 domestic and foreign container shipping companies for fixing maritime freight rates.