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Business Developments & Projects

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Offshore Norway - NPD
Business Developments & Projects

Norway turns the spotlight on Barents Sea in 25th licensing round

Norway’s Ministry of Petroleum and Energy launched the 25th licensing round, encompassing 136 blocks in the Norwegian Sea and the Barents Sea off Norway.

about 5 years ago
Archer 3D Seismic Map
Business Developments & Projects

Santos files plan for Archer 3D seismic survey

Australian energy company Santos plans to acquire a 3D marine seismic survey in the Bedout Sub-basin on the central North West Shelf called the Archer 3D MSS. The Archer 3D MSS is located within exploration permit areas WA-437-P and WA-541-P, and surrounding waters. The 3D seismic data will help dev

about 5 years ago
Milorad Doljanin resigns as Avenir LNG CEO
Business Developments & Projects

Milorad Doljanin resigns as Avenir LNG CEO

Avenir LNG, a joint venture between Stolt-Nielsen, Hoegh LNG and Golar LNG, said its CEO Milorad Doljanin has filed his resignation.

about 5 years ago
West Hercules rig - Equinor
Business Developments & Projects

Equinor set to drill North Sea well duo

Equinor is ready to drill two wells in the North Sea offshore Norway following the receipt of approvals and permits from the Norwegian authorities.

about 5 years ago
Frade FPSO; Source: SBM Offshore
Business Developments & Projects

PetroRio buys stakes in two BP fields off Brazil

Brazilian oil and gas company PetroRio has signed an agreement with BP for the acquisition of interests in two fields offshore Brazil.

about 5 years ago
BOEM - Gulf of Mexico
Business Developments & Projects

Gulf of Mexico lease sale attracts over $120 million in high bids

The U.S. government agency Bureau of Ocean Energy Management has held a Gulf of Mexico oil and gas lease sale, yielding more than $120 million in high bids.

about 5 years ago
Höegh LNG FSRU picked for Jaigarh project
Business Developments & Projects

Höegh LNG FSRU picked for Jaigarh project

Norwegian floating LNG player Höegh LNG has secured a contract to supply one of its FSRUs to H-Energy.

about 5 years ago
A photo of a Tordenskiold wave energy prototype at the Port of Frederikshavn (Courtesy of Crestwing)
Business Developments & Projects

Crestwing wraps up Tordenskiold wave prototype testing

Danish company Crestwing has completed the second offshore testing campaign on its Tordenskiold wave energy device prototype.

about 5 years ago
Mammoet umbilical pull-in solution for Subsea 7
Business Developments & Projects

Subsea 7 taps Mammoet for SCR and umbilical pull-in project in Gulf of Mexico

Dutch-based Mammoet has secured a steel catenary riser (SCR) and umbilical pull-in contract from Subsea 7. The scope of work included in this contract is for engineering, procurement, fabrication and offshore pull-in operations. The SCR and umbilical pull-in operations will take place at Mississippi

about 5 years ago
Oseberg field centre - Equinor
Business Developments & Projects

Equinor faces safety order after serious lifting incident in Norway

Equinor has been served with a notice of order from the country’s offshore safety agency following a serious lifting incident on the Oseberg B platform.

about 5 years ago
An image illustration of subsea cables (Courtesy of LOC Group)
Business Developments & Projects

LOC Korea secures subsea cable contract for solar project

LOC Korea, a subsidiary of LOC Group, has been awarded a contract to provide marine warranty surveyor (MWS) services for the subsea cable installation on the JANGGAM solar project. LOC Korea has been hired by solar industry company Topsun to provide MWS services for the 154 kilovolt XLPE 3C 800 sq.

about 5 years ago
Bumi Armada FPSO
Business Developments & Projects

Force majeure notice served to India’s ONGC for Bumi FPSO

Bumi Armada has said that India’s ONGC has been served with a force majeure notice related to the charter hire of an FPSO.

about 5 years ago
Deepwater Corcovado drillship - Transocean
Business Developments & Projects

Transocean adds $297 million to backlog as Petrobras extends two drillships

Transocean has been awarded contract extensions for two of its drillships that have been working for Petrobras.

about 5 years ago
DeepOcean cable laying
Business Developments & Projects

DeepOcean to wind down cable laying and trenching units in UK

Subsea services player DeepOcean has started a restructuring process in relation to three UK subsidiaries in its Cable Laying and Trenching business (“CL&T Group”), which will enable the CL&T Group to be wound down on a solvent basis. DeepOcean 1 UK, DeepOcean Subsea Cables and Enshore Subsea have f

about 5 years ago
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