Business & Finance

Hamburg: Container, cruise terminals to get shore power connection
The Hamburg City Council has commissioned the Hamburg Port Authority (HPA) to install shore power systems at the Burchardkai, Tollerort and Eurogate container terminals as well as the Steinwerder and HafenCity cruise terminals.

Petrobras rehires Skandi Santos
Petrobras has awarded Akastor’s affiliate AKOFS Offshore with a three-year contract for its subsea equipment support vessel (SESV) Skandi Santos to perform a scope of subsea services in Brazil. Under the $107 million contract, AKOFS Offshore will be performing the operations with its partners Bravan

No traces of petroleum for PGNiG in Norwegian Sea well
PGNiG is in the process of concluding the drilling of a wildcat well in the Norwegian Sea, as the well turned out to be dry.

Perenco takes over mature Gabon fields from TotalEnergies
French energy major TotalEnergies has concluded the sale of its portfolio of mature non-operated assets located offshore Gabon to Perenco.

Aker Solutions to reuse existing equipment for new Asgard subsea compression module
Aker Solutions has secured a contract with Equinor to deliver engineering, procurement and construction (EPC) of a subsea compression module to be installed at the Åsgard gas field offshore Norway.

Dibowitz goes from interim to permanent CEO role at Valaris
Offshore drilling contractor Valaris has appointed Anton Dibowitz as President and Chief Executive Officer, effective immediately.

Stena Drilling mulls option to buy new drillship from Samsung Heavy
Stena Drilling has revealed an agreement with South Korea’s Samsung Heavy Industries related to an option to buy a newbuild drillship.

Tekmar, Covestro looking into more sustainable materials for subsea cable protection
Tekmar Group and Covestro have set up a long-term collaboration to explore alternative and more sustainable materials for subsea cable protection systems (CPS).

Rockhopper and Navitas starting new chapter in Sea Lion project as Harbour heads out
Rockhopper, Harbour Energy, and Navitas Petroleum have signed heads of terms, which will allow Harbour a clean exit from the Sea Lion project.

Woodside to spend $5 billion on new energy investments by 2030
Woodside has set a new target to invest $5 billion in emerging new energy markets by 2030 as part of its strategy to “thrive through the energy transition.”

UK player to sell Norwegian assets and Statfjord UK in $1 billion deal
UK company Spirit Energy has entered into agreements to divest its Norwegian business, including the Statfjord UK field for $1.076 million.

Santos hires Solstad vessels for drilling ops support offshore Australia
Solstad has inked two long-term contracts for one of its AHTS vessels and a PSV to support Santos’ drilling operations offshore Australia.

Reach Subsea buys Norwegian geophysical monitoring solutions provider
Reach Subsea has entered into an agreement with Equinor Ventures to acquire OCTIO, a provider of geophysical monitoring solutions for hydrocarbon producing fields and CO2 storage reservoirs.

Jera invests in Barossa gas field, joins Darwin LNG project
Japanese energy giant JERA will buy a 12.5 per cent stake in the Barossa gas field, thus participating in the Darwin LNG project in Australia.