Business & Finance
TotalEnergies spuds Namibian ultra-deepwater well
TotalEnergies has started drilling the Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned drillship.
ExxonMobil earmarks $15 billion for lower-emission spending over next six years
ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years.
Fugro Pioneer in methanol switch
Fugro has received a “major” subsidy from the Netherlands Enterprise Agency (RVO) for the development of methanol as a clean energy fuel for its vessels.
PSA International to acquire US logistics firm
Global port group PSA International has signed an agreement to acquire privately-held logistics firm BDP International from New York-based Greenbriar Equity Group.
Ashtead adds subsea plug and play 3D insight solution to offering
Subsea technology and services provider Ashtead Technology has entered into a global partnership with Whitecap Scientific Corporation for the ROV3D Recon computer vision solution that transforms subsea video collected by ROVs into real-time 3D data.
Mobility R&D fund investing in Dutch hydrogen-powered shipping
Mobility R&D fund in the Netherlands has granted a €24.2 million (approximately $27.5 million) subsidy to a Dutch project consortium focused on maritime hydrogen applications.
Lundin adds extra well to Odfjell rig’s backlog
Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.
Proserv and Trendsetter join hands for subsea services and equipment
Proserv Controls and Trendsetter Engineering have signed a Memorandum of Understanding (MoU) for the joint supply of integrated subsea hardware and controls.
Stena rig moving out of North Sea to Morocco for Chariot well
Africa-focused Chariot has revealed that the Stena Drilling-owned Stena Don rig has started its mobilisation to Morocco.
Maersk rig re-hired for North Sea well
Maersk Drilling and Petrogas have agreed to exercise the previously agreed option to employ a jack-up rig to drill a well in the UK North Sea.
Neptune picks Maersk Supply for UK decommissioning job
Neptune Energy has awarded Maersk Supply Service (MSS) with a decommissioning contract for the removal of subsea infrastructure at the Juliet field in the UK.
Orcadian moving on with development plan for North Sea field as OGA okays concept
Orcadian has received no objection from the OGA for the development concept designed for the Pilot field in the North Sea.
Lundin’s Norwegian branch to get new managing director
Lundin Energy Norway has revealed a new managing director will take over the position next year, as the current one intends to step down.
Floatel expects modest utilisation levels for accommodation fleet
Floatel expects the overall utilisation of the accommodation fleet to remain at modest levels in the near term.