Business & Finance
Repsol shuts in Yme field only weeks after start-up
Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.
Saipem gets $940 million job from Petrobras
Italian Saipem has been awarded a new SURF EPCI contract by Petrobras for the Búzios 7 project in Brazil, worth approximately $940 million.
Nova Innovation launches investment round
Scottish tidal energy company Nova Innovation has opened a crowdfunding campaign on the Seedrs investment platform.
Woodside moves ahead with BHP merger, sanctions $12 bln Scarborough project
BHP and Woodside have signed a binding share sale agreement for the merger of BHP’s oil and gas portfolio with Woodside and made the FID for Scarborough.
Helix details first New Zealand decommissioning win
Helix Energy Solutions is set to carry out well abandonment, recovery of subsea trees and wellhead severance and recovery at the Tui oil field offshore New Zealand as part of the contract recently secured with New Zealand’s Ministry of Business, Innovation & Employment (MBIE).
Maersk secures logistics deal with global furniture company
Danish container shipping giant Maersk and global eCommerce furniture company Zinus have signed a Memorandum of Understanding (MoU) for logistic services in 2022.
Borr rig spuds Dutch North Sea well for Kistos
Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.
Swire Projects inks long-term charter deal with Nordic Projects & Finance
Swire Projects, the projects division of Swire Shipping, has signed an agreement with the Hamburg-based Nordic Projects & Finance (NPF) for the long-term charter of six multipurpose (MPP) heavy-lift vessels.
Jersey adds new board members with expertise to complete North Sea project farm-out
Jersey has appointed new members to its board, which are expected to possess the expertise required to complete the farm-out process for the GBA development project in the North Sea.
Neptune preparing for busy year ahead with more wells added to Odfjell rig
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai rig to include additional wells in the North Sea next year.
Offshore watchdog looking into structural safety issues on Maersk rig
The Petroleum Safety Authority has discovered a total of four irregularities and improvement points during an audit of the Maersk Drilling-owned Maersk Reacher jack-up rig.
U.S. offshore rig count stuck at 15
The number of offshore rigs in the U.S. remained unchanged at 15 last week, based on Baker Hughes’ weekly rig count report from last Friday.
In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future
As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.
Maersk drillship gearing up for Namibian ultra-deepwater well
French energy major TotalEnergies is preparing to drill a wildcat well in waters offshore Namibia, using a Maersk Drilling-owned drillship.