Business & Finance
Another mystery buyer gets its hands on Solstad vessel
Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.
U.S. offshore rig count continues inching upward
According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its slow, upward movement.
Lex de Groot: “We have a Speaking Up Culture”
Listen to the Navingo Career Podcast episode #14 with Coco Kossmann as the host and Neptune Energy’s Lex de Groot as the latest guest.
Enauta plans to drill extra well on Brazilian field as FPSO talk resume
Brazil’s oil and gas company Enauta will be drilling an additional well on the Atlanta field located offshore Brazil to increase production.
New jobs for two Borr rigs
Borr Drilling has secured more work for two of its jack-up rigs, which will see one of them return from the warm stack to operational mode.
Petrobras gets hold of additional source of funds with $5 billion credit line
Brazilian oil and gas giant Petrobras has signed a revolving credit facility in the amount of $5 billion, maturing in December 2026.
Lundin asks Equinor to keep the operatorship of next Barents Sea production hub
Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has agreed to continue the operatorship.
Sabella preps to launch €1.5M crowdfunding campaign
French tidal energy company Sabella has announced plans to launch a crowdfunding campaign to finance its tidal power research and project activities.
Fresh extension for Shelf Drilling rig in Italy
Offshore drilling contractor Shelf Drilling has secured a contract extension for a jack-up rig for operations in the Adriatic Sea offshore Italy.
Two Norwegian players abandon plans to merge decom operations
Aker Solutions and AF Gruppen have terminated their plans to merge the two companies’ existing decommissioning operations.
Creating blueprint for reusing old oil & gas assets in Gulf of Mexico
An old offshore platform in the Gulf of Mexico is set to be converted into a working fish farm, providing repurposing options for old oil & gas assets.
Woodside contracts Solstad PSV for Australian ops
Solstad Offshore has been awarded a long-term contract for one of its PSVs by Woodside to support operations offshore Australia.
Norwegian JV gets public funding to build ammonia-fueled ships
Ammonia-powered shipping JV has been awarded NOK 13.75 million in funding to build ammonia-powered vessels.
Kongsberg Maritime upgrades safety and automation systems on Aker BP’s FPSO
Kongsberg Maritime has successfully updated 19 Safety and Automation Systems (SAS) controllers on Aker BP’s FPSO vessel.