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Business Developments & Projects

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Illustration; Photo by: Zoran Tarade (used under permission from photographer) UOG Tullow
Business Developments & Projects

UOG scoops Tullow’s stake in Jamaican offshore licence

Oil and gas company United Oil & Gas (UOG) has been assigned Tullow Oil’s stake in the Walton Morant licence off Jamaica, which the company now fully owns.

about 6 years ago
NordLink land cable
Business Developments & Projects

NordLink land cable in Germany passes voltage test

A successful voltage test of the NordLink land cable recently took place in Germany. The “green cable” between Germany and Norway is now almost all set and ready to go. The approximately 54-kilometre long NordLink land cable successfully passed the test from the converter station in Wilster. The lan

about 6 years ago
Petrobras starts Bahia LNG terminal lease process
Business Developments & Projects

Petrobras starts Bahia LNG terminal lease process

Brazil’s state-controlled oil and gas company Petrobras kicked off the bidding process to lease its Bahia LNG import facility.

about 6 years ago
Molikpaq platform; Source: Sakhalin Energy Sakhalin-2
Business Developments & Projects

Sakhalin Energy begins maintenance on Molikpaq offshore platform

Russia’s Sakhalin Energy has started a seasonal turnaround campaign at the Molikpaq offshore oil and gas platform which is one of the Sakhalin-2 production assets.

about 6 years ago
Avance Gas sells VLGC Avance
Business Developments & Projects

Avance Gas sells VLGC Avance

Liquefied petroleum gas (LPG) transporter, Avance Gas, has agreed the sale of another one of its very large gas carriers to a third party for $35 million.

about 6 years ago
Illustration; Source: Solstad
Business Developments & Projects

BP takes Solstad vessel trio for Ironbark drilling support

Oil major BP has chartered three Solstad Offshore’s vessels to support the company’s Ironbark drilling campaign offshore Australia.

about 6 years ago
Illustration; Noble Tom Madden drillship; Source: Noble Corporation
Business Developments & Projects

Noble Corporation files for bankruptcy protection

Offshore drilling contractor Noble Corporation has filed for Chapter 11 bankruptcy protection to restructure its debt following a “severe downturn in commodity prices which has been compounded by the Covid-19 pandemic”.

about 6 years ago
Former Subsea 7 man to lead Harvey Gulf’s new subsea venture company
Business Developments & Projects

Former Subsea 7 man to lead Harvey Gulf’s new subsea venture company

Harvey Gulf International Marine has added Ed Galloway to its team to lead the company’s new subsea venture company, Harvey Subsea Services. Ed Galloway formerly run Subsea 7/i-Tech 7 IRM business in the role of director of Gulf of Mexico region. Prior to this, the US Navy veteran spent 23 years at

about 6 years ago
Norve rig; Source: Borr Drilling
Business Developments & Projects

Borr Drilling wins deals for three warm-stacked rigs

Offshore drilling rig owner Borr Drilling has won deals for three of its warm-stacked jack-up drilling rigs.

about 6 years ago
OLT Offshore’s FSRU Toscana receives milestone cargo
Business Developments & Projects

OLT Offshore’s FSRU Toscana receives milestone cargo

OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, reached a milestone at the end of last month.

about 6 years ago
Jesper Ridder Olsen; Source: Maersk Drilling CFO
Business Developments & Projects

Maersk Drilling chief financial officer to step down

The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would leave the company.

about 6 years ago
Illustration; Source: Total
Business Developments & Projects

NEO Energy wraps up buy of Total’s UK North Sea assets

NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from two Total subsidiaries.

about 6 years ago
AGS crew
Business Developments & Projects

COVID-19 forces AGS to tighten its belt

Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Monday that it will reduce operations due to significant uncertainty in the market as a result of the COVID-19 crisis. According to the Oslo-listed AGS, this should take place following its current surveys in the North Sea and Egypt.

about 6 years ago
A photo of Shell's Silicon Ranch Solar Farm in Tennessee for illustration
Business Developments & Projects

Hollandse Kust Noord to add floating solar panels in 2025

A floating solar demonstration project to be installed within the Hollandse Kust Noord offshore wind farm site will be constructed in 2025, according to TNO, the Dutch organization for applied scientific research. TNO will work on research and demonstration of offshore solar energy in the new offsho

about 6 years ago
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