Business & Finance
Energean to boost capacity by adding new oil train module to Israel-bound FPSO
Energean has signed an EPC contract with Kanfa for the supply of a second, 700-tonne oil train for the Energean Power FPSO.
Spain approves offshore wind and marine energy roadmap
Spain’s Council of Ministers, at the proposal of the Ministry for the Ecological Transition and the Demographic Challenge, has approved the Roadmap for the Development of Offshore Wind and Marine Energy. The Roadmap contains 20 lines of action with the aim of reaching between 1 GW and 3 GW of floati
UK opens biggest ever Contracts for Difference round
The biggest ever round of the UK government’s renewable energy support scheme opened on Monday, 13 December. Renewable energy projects across Great Britain can now bid for funding in the fourth round of the Contracts for Difference (CfD) scheme, which is aiming to secure 12 GW of electricity capacit
Two UK contractors in partnership to transform life of field services in North Sea
Bilfinger and Global E&C have formed Torus BGP JV to transform the delivery of late-life services for CNR International’s North Sea assets.
Rockhopper CFO to resign over role in another company
Rockhopper Exploration’s current Executive Director and CFO has announced his intention to resign from his roles in the company.
Bristow to offer sustainable aviation fuel option after first such flight for BP
Bristow has completed a flight to BP’s assets using sustainable aviation fuel, which it plans to offer to its clients.
Toil and trouble for Transocean drillship while on Shell job
A Transocean-owned drillship has experienced two operational incidents while working in the U.S. Gulf of Mexico for Shell.
Siccar Point hits pause on controversial Cambo project after Shell’s exit
Siccar Point Energy has decided to suspend its controversial Cambo offshore oilfield development following a recent exit by Shell.
John Fredriksen firm takes interest in Valaris
Billionaire John Fredriksen’s Seatankers Group has acquired an interest in Seadrill’s rival offshore drilling contractor Valaris.
Lukoil and Petronas change Shah Deniz deal due to pre-emption by partners
Lukoil and Petronas have changed their previous agreement related to Lukoil’s acquisition of an interest in the Shah Deniz project.
ExxonMobil and QatarEnergy expand footprint in Cyprus with new block entry
A consortium comprising ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with Cyprus.
Neptune Energy to ring in the new year with new CEO
Neptune Energy has revealed the name of its new CEO, who will take over the role after the current one retires at the end of the month.
SEA-KIT to add new 12-meter USV to its fleet in 2022
SEA-KIT International is planning to build a new X-class 12-meter unmanned surface vehicle (USV) as a fleet vessel for launch in 2022.
Talos to review board composition after three members step down
Talos has revealed plans to review the composition of its board following the resignation of representatives from Apollo and Riverstone.