Business & Finance
Abu Dhabi’s drilling contractor only 1 rig shy of 100
Abu Dhabi-based rig operator is now only 1 rig shy of 100 following an introduction of two more jack-up rigs to its fleet.
Aker BP boosts Maersk Drilling’s backlog with $29 million
Offshore rig owner Maersk Drilling and oil company Aker BP have agreed to a rig swap for an extended scope of work offshore Norway.
SSY swallows Anchor Shipbroking to strengthen S&P business
Simpson Spence Young (SSY), the world’s largest independent shipbroker, has decided to acquire Anchor Shipbroking.
Beach Energy cheers first gas from its first-ever offshore drilling campaign
Beach Energy has boosted production after achieving the first gas from two wells in the Otway Basin offshore Australia.
TotalEnergies and Inpex sell shares in mature Angolan fields
TotalEnergies and Inpex have agreed to sell a company holding two blocks located offshore Angola to the Angolan company, Somoil.
Two Norwegian players share helicopters in North Sea to cut costs and emissions
Oil and gas company Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea.
Industry’s first as DNV certifies Subsea 7 polymer lined riser product
Subsea 7 has received DNV Technology Certification for its Swagelining polymer lined riser product, said to be a world first. According to Subsea 7, the qualification programme was designed to address the challenges presented by the dynamic service environment and vertical orientation of the riser p
Equinor cleared to put Floatel’s unit to work at North Sea field
Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile quarters facility at a North Sea field off Norway.
Inpex gearing up for exploration drilling offshore Japan
Inpex plans to carry out exploration drilling offshore Shimane and Yamaguchi prefectures in Japan to locate oil and gas resources.
Concordia Maritime sells P-MAX vessel to improve long-term prospects
Swedish tanker shipping company Concordia Maritime has entered into an agreement for the sale of the 65,000 dwt P-MAX vessel Stena Perros to accelerate the amortization of bank debt.
Strategic Marine hands over 10th vessel to Malaysian operator
Strategic Marine has completed its first vessel delivery in 2022 by handing over a new fast crew boat (FCB) to Malaysia’s Centus Marine.
Subsea technology gets part of $3.4 million US govt offshore wind funding
The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected Dive Technologies to receive a share of $3.4 million funding for its autonomous underwater vehicle (AUV) technology. The Massachusetts-headquartered company said it will use the support to bring its next-genera
Lundin bites the dust in Norwegian Sea
Lundin Energy is in the process of concluding the drilling of a wildcat well east of the Ormen Lange field in the Norwegian Sea.
U.S. offshore rig count on the upswing
According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its upward progress.