Business & Finance
Eni wins five new exploration licences in Egypt
Italian oil and gas company Eni has been awarded five new exploration licences by the Egyptian Ministry of Petroleum.
TGS kicks off 2D-cubed reprocessing project off Indonesia
TGS has kicked off a 2D-cubed reprocessing project designed to help drive exploration across the South Makassar and North East Java regions in Indonesia. Processing has begun on the East Java Sea project, which will utilize 2D-cubed technology to integrate all existing seismic data across a 270,000
U.S. player expanding in Gulf of Mexico with new $47 million deal
W&T Offshore inks a deal worth $47 million to acquire more acreage in the Gulf of Mexico to increase cash flow with new producing assets.
Wood teams up with software firm for technical and digital services
Wood has joined forces with FutureOn to provide an integrated technical and digital service to operators to tackle main net-zero challenges.
U.S. offshore rig count moves up after two weeks of no change
The number of offshore rigs in the U.S. is slowly shaking off the moorings by inching its way to 16 units last week, according to Baker Hughes.
In focus: 2022 begins with renewables
After the holidays and well-deserved break, the energy transition community returns to its activities dedicated to making the world a less polluted and more healthy home.
Delayed Johan Castberg FPSO almost ready for journey to Norway
Equinor’s FPSO vessel for the Johan Castberg project, located in the Barents Sea, has left the dock at a shipyard in Singapore.
Serica to continue with Odfjell services on UK platform
Odfjell Drilling has received a contract extension from Serica Energy for operations on the Bruce platform off the UK.
XOCEAN launches new unmanned surface vehicle
Ocean data company XOCEAN has launched its newest XO-450 unmanned surface vehicle (USV), the X-16. According to XOCEAN, the new vehicle offers an economic and carbon-neutral solution to collecting ocean data. The launch of the new USV comes as part of the company’s plans to double its fleet size in
After 2021 rebound, FPSO market to continue going strong in 2022, Rystad says
The market for FPSO units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, Rystad Energy says.
Equinor makes oil discovery near existing infrastructure in North Sea
Norwegian oil and gas company Equinor has made a new oil discovery located near the Fram field in the North Sea offshore Norway.
BW Offshore bags new FPSO extension with Eni
BW Offshore has secured another contract extension with Eni for one of its FPSOs for operations on a field located offshore Nigeria.
Aibel pursuing long-term goals with new management roles
Aibel has made management changes at its yard in Haugesund in pursuit of its end goal to become a leading supplier for the energy sector.
New gas find for Petronas off Sarawak
Malaysia’s Petronas Carigali has made its third gas discovery in the waters of Balingian Province offshore Sarawak, Malaysia.