Business & Finance
4D OBN program wraps up at Sapinhoa field
PXGEO has completed the 4D baseline ocean bottom node (OBN) acquisition program at the Sapinhoa field in the deepwater Santos Basin offshore Brazil.
Wallenius Wilhelmsen elects new CEO
Oslo-headquartered shipping company Wallenius Wilhelmsen has named Lasse Kristoffersen as the new chief executive officer (CEO).
CNOOC fires up Buzzard expansion project in North Sea
CNOOC Limited has started production from the Buzzard Phase II development located offshore in the UK sector of the North Sea.
Expro gathers over $50 million in Asia-Pacific subsea well contracts
Oilfield services firm Expro has secured two contracts in Australia and two in Malaysia for subsea well access operations together worth more than $50 million.
Equinor to exit Ireland after $434 million Corrib sale
Equinor will no longer have a business presence in Ireland following the sale of its equity position in the Corrib gas project to Vermillion.
Stolt Tankers appoints new managing director
Norwegian tanker operator Stolt Tankers has appointed a new managing director of Stolt Tankers Shipowning (STSO).
Government grants $117.5 million for two Western Australian hydrogen hubs
The McGowan Government will invest up to $117.5 million to attract Federal funding for renewable hydrogen hubs in the Pilbara and Mid-West for the clean energy transition.
AD Ports-Turkish wealth fund alliance targets logistics projects
Abu Dhabi Ports (AD Ports) has signed a strategic partnership agreement with Turkey’s sovereign wealth fund Türkiye Varlık Fonu (TVF) to collaborate on major investment projects within Turkey.
Seplat Energy in talks to buy ExxonMobil’s shallow water assets in Nigeria
Seplat Energy has revealed it is actively engaged in negotiations to acquire ExxonMobil’s shallow water assets in Nigeria.
Eni sells stake in Algeria-Italy gas pipelines to Snam
Italian oil and gas company Eni has agreed to sell a 49.9% stake in its subsidiaries operating two groups of gas pipelines between Algeria and Italy to energy infrastructure operator Snam for a consideration of €385 million.
NEO Energy buying JX Nippon’s UK assets for $1.7 billion
UK-based oil and gas company NEO Energy is buying JX Nippon Exploration and Production (U.K.) Limited for about $1.7 billion.
UDS diving support vessel bags new subsea gig
Singapore-based Ultra Deep Solutions (UDS) has secured a contract to supply the diving support construction vessel (DSCV) Lichtenstein for subsea work in the Bay of Bengal region.
Noreco CFO taking over as acting managing director after CEO resigns
Noreco has revealed that its CEO resigned from the position, while its CFO has been appointed as the new managing director of the company.
JX Nippon and PetroVietnam renew partnership for block off Vietnam
Japan Vietnam Petroleum Company (JVPC) has extended its partnership with PVEP for operations of Block 15-2, located offshore Vietnam.