Business & Finance
ADC Energy bags three contract extensions for rig inspection services
ADC Energy has secured three global contract extensions for the delivery of its rig inspection, selection and audit services.
Ashtead invests in iXblue subsea technologies
Subsea technology and services provider Ashtead Technology has made an investment in iXblue’s subsea navigation system for its rental fleet.
Former BHP exec to join Woodside in critical CFO role
Australian energy giant Woodside will be getting a new chief financial officer starting early next year after its previous one resigned.
Scorpio Tankers, Ocean Yield ink sale & leaseback deal for tanker duo
Monaco-based shipping company Scorpio Tankers has signed a sale and leaseback deal with Norwegian counterpart Ocean Yield for two long-range 2 (LR2) product tankers.
Petrobras books third Seadrill drillship for Brazilian field
Seadrill has secured a contract with Brazil’s oil and gas giant Petrobras for work in the Búzios field offshore Brazil.
Port Bronka in Russia introduces discount for green vessels
Port Bronka, a deepwater seaport in Saint-Petersburg, Russia, has decided to reward green ships with a special bonus.
Aker BP awards new contracts to enable Valhall to operate up to 2060
Aker BP has awarded FEED contracts valued as part of its efforts to extend the life of the Valhall field located off Norway.
Ocean Power Technologies welcomes new CFO
Marine energy company Ocean Power Technologies (OPT) has named Robert P. (Bob) Powers as senior vice president and chief financial officer (CFO), effective 13 December 2021.
Fugro’s Atlantis Dweller getting ready for TotalEnergies job
Fugro’s DP2 multipurpose vessel Atlantis Dweller has arrived in Luanda, the capital of Angola, ahead of an offshore survey that it will conduct for French energy major TotalEnergies.
QatarEnergy enters Egypt through agreement with Shell
QatarEnergy has entered into agreements with Shell to acquire interests in two exploration blocks in the Egyptian side of the Red Sea.
Excitement over Buffalo well continues to grow despite rig delays
Carnarvon has experienced further delays in its planned drilling operations in the Timor Sea where the Buffalo-10 well is set to be drilled.
Ex-Woodside exec taking over CFO role at ‘pivotal moment’ for Santos
Santos has named a former senior executive of Woodside as its new chief financial officer at a pivotal moment for the company.
Ofgem inviting bids for investment in new interconnectors
UK energy market regulator Ofgem is inviting bids to bring forward investment in new electricity interconnectors under its ‘cap and floor’ revenue regime.
Vaalco gets Gabon drilling campaign underway
Vaalco has spudded the first well in its new 2021/2022 drilling campaign focused on the Etame field, offshore Gabon.