Business & Finance
U.S. offshore rig count stays flat for two weeks
Based on Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. remained unchanged at 15 for two weeks in a row.
Western Gas locks in drilling slot for Valaris rig
Western Gas has executed the formal contract with Valaris for the MS-1 semi-submersible rig to drill an exploration well off Australia.
PGS books North Sea gig for August 2022
Norway-based seismic company Petroleum Geo-Services (PGS) has won a contract with an undisclosed client to carry out a 4D survey in the North Sea.
Serica kicks off production from UK North Sea gas field
Upstream oil and gas company Serica Energy has started production from its Columbus field, located in the Central North Sea.
Industry reacts: Starting gun fired for tidal to establish itself in the UK’s energy mix
The UK’s tidal energy industry has welcomed the government announcement of ring-fenced funding for tidal stream energy, deeming the move as ‘absolutely pivotal’ for reinstating the industry on its journey to large-scale power generation in the UK.
WATCH: Neptune installs manifold for UK North Sea project
Neptune Energy has completed the installation of the manifold and umbilical for the Seagull project in the UK Central North Sea.
Norwegians back flexible mineral core sampling solution with €1.1 million
Norwegian deep-sea mineral exploration company Adepth Minerals has received a NOK 11.7 million (approximately €1.1 million) grant from Innovation Norway for the FlexiCore core sampling solution.
Petrofac extends contract with EnerMech by three years
EnerMech has confirmed a three-year extension deal with Petrofac, taking their working relationship beyond the 10-year mark.
EOG Australia takes over Beehive prospect from Melbana
Melbana Energy has sold its WA-488-P permit, which holds the Beehive prospect located offshore Australia, to EOG Resources Australia.
Altera and Bilfinger sign up for Craig International’s procurement services
Craig International has secured over £5 million by winning two contracts with Bilfinger and Altera for the provision of procurement services.
Sval Energi and Storegga looking into carbon storage potential offshore Norway
Sval Energi has joined forces with Storegga Geotechnologies to investigate carbon storage potential on the Norwegian Continental Shelf (NCS).
Brand new drillship joins Saipem fleet
A new ultra-deepwater drillship named Santorini has been delivered to Italy’s Saipem by South Korea’s Samsung Heavy Industries.
UK to invest £20 million per year in tidal energy in ‘game-changing’ move for the sector
The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry.
Aleron unveils crane-deployed subsea decommissioning tools (Video)
ROV solutions, tooling and products specialist Aleron Limited has launched two crane-deployed decommissioning solutions focused on the removal of subsea pipelines and their surrounding protection.