Business & Finance
Heerema coming back to decommission North Sea platforms it installed in the ’90s
Heerema Marine Contractors has been awarded a decommissioning contract by DNO for the decommissioning of two UK platforms.
McDermott says Qatar award is one of the largest single contracts in company history
McDermott has confirmed a recent contract award with QatarEnergy, saying it is one of the largest single contracts McDermott has been awarded in its company history. The structures will be fabricated in a facility with low-carbon or renewable power as part of McDermott’s sustainability commitments.
Eco taking over Azinam’s African portfolio with drilling campaign on the way
Eco Atlantic has inked a deal to expand its footprint offshore South Africa and Namibia by acquiring Azinam Group and its asset portfolio.
Petronas and Shell seeking to unlock carbon capture and storage opportunities in Malaysia
Shell and Petronas have teamed up to unlock, explore, and assess CCS opportunities in Malaysia and the region surrounding it.
McDermott to build Scarborough floating production unit for Woodside
McDermott International has been awarded a contract by Woodside for the EPCIC services for its floating production unit off Australia.
Important milestone for Tyra as topsides sail away from Singapore
Sembcorp Marine has built and delivered three wellhead and riser topsides for TotalEnergies’ Tyra project in the Danish North Sea.
Chariot boasts ‘tremendous outcome’ of Moroccan offshore gas project
Chariot has made what it says is a significant gas discovery at its Anchois well located in the Lixus licence offshore Morocco.
EC-OG’s intelligent subsea battery storage system to debut in Hawaii
EC-OG has completed the first commercial delivery of its Halo intelligent subsea battery storage system for the first-ever autonomous offshore power trials in Hawaii. The lithium-ion-based device will be part of the world-first autonomous offshore power sea trial in the first quarter of 2022 at the
Empyrean busy ticking all boxes to drill high impact well off China despite poor weather
Empyrean Energy is working to start drilling a prospect offshore China, which has already been delayed due to challenging sea conditions.
Ørsted to offer major installation contracts in coming weeks
Offshore wind developer Ørsted plans to launch two tenders covering transport and installation work on the 1 GW Baltica 3 and 1.5 GW Baltica 2 offshore wind projects in Poland in the coming weeks. The first tender will be launched in the second half of January or early February. The tender will cove
AD Ports, EDB to support industrial players with financial solutions
UAE-based port operator Abu Dhabi Ports (AD Ports) has signed a memorandum of understanding (MoU) with Emirates Development Bank (EDB) to support the industrial sector in the Emirates.
IOG working to remediate challenging seabed conditions threatening rig stability
IOG plc has experienced challenges with seabed conditions while drilling the first Southwark development well in the UK North Sea.
Malaysian port handles 11.2 million TEUs, eyes further expansion
Malaysian container terminal operator Port of Tanjung Pelepas (PTP) has registered a total of 11.2 million twenty-foot equivalent units (TEUs) throughput at the end of 2021, representing a 14% increase in its yearly volume as compared to 9.8 million TEUs in 2020.
Santos gets green light for Bonaparte Basin seismic survey
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Santos Offshore’s plan to conduct a 3D seismic survey in the Bonaparte Basin. Santos is proposing to undertake a 3D seismic marine survey over petroleum permit areas WA-454-P, WA-545-P, WA-27