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Alvheim FPSO - Aker BP
Business & Finance

Aker BP files development plan with fast-track solution for North Sea field

Aker BP has submitted a plan for development and operation (PDO) for the Frosk field to the country’s Ministry of Petroleum and Energy.

about 4 years ago
Auriga drillship
Business & Finance

Aquadrill drillship lands one-year gig in Gulf of Mexico

Aquadrill, formerly known as Seadrill Partners, has entered into a charter hire agreement with Diamond Offshore to provide a drillship in the Gulf of Mexico.

about 4 years ago
Petrofac
Business & Finance

Sentencing hearing in Petrofac bribery case delayed

Petrofac has reached a plea agreement with the UK Serious Fraud Office in relation to its investigation into its historical use of agents.

about 4 years ago
K Line
Business & Finance

K Line inks climate transition linked loan

Japanese shipping major Kawasaki Kisen Kaisha, Ltd. (K Line) has signed a transition-linked loan (TLL) with syndicated lenders, arranged by Mizuho Bank Ltd. (MHBK).

about 4 years ago
Deepsea Yantai rig - Neptune
Business & Finance

Neptune gains regulatory nod for production drilling on Fenja field

Neptune has received consent from a Norwegian offshore safety authority to use the Deepsea Yantai rig for operations on the Fenja field.

about 4 years ago
An artist impression of Havfram's new wind turbine installation vessel at work
Business & Finance

Havfram set to order installation vessel for 20+ MW offshore wind turbines

Havfram is expected to place an order for a new wind turbine installation vessel (WTIV) in the next quarter of this year, the company revealed on 27 September as it announced a target of having a majority of its income coming from the renewable energy sector by the middle of this decade. The semi-su

about 4 years ago
Repsol awards Esvagt Corona
Business & Finance

Repsol awards extension to Esvagt vessel on Yme field

Esvagt has won a contract extension with Repsol for standby services, ERRV-services and guard vessel duties on the Yme field in the North Sea.

about 4 years ago
PGNiG - Ineos
Business & Finance

PGNiG buying Norwegian assets from Ineos at a reduced price

PGNiG Upstream Norway has just received approval from Norwegian authorities to acquire all assets of Ineos E&P Norge for a reduced price.

about 4 years ago
Jack-up rig with electrolyser
Business & Finance

In focus: Converting jack-up rigs and combining offshore wind & hydrogen for low-carbon future

This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining offshore wind and hydrogen, the urgency to decarbonise the shipping sector, and more.

about 5 years ago
Buckskin is developed through a subsea tie-back to the Lucius platform in the Gulf of Mexico
Business & Finance

Seadrill drillship returns for fresh Buckskin well in deepwater Gulf of Mexico

A Seadrill drillship has started drilling ops on LLOG’s deepwater project in the Gulf of Mexico. The same rig was used for the initial phase as well.

about 5 years ago
Armada Olombendo FPSO - Eni
Business & Finance

Eni fires up second offshore project in Angola this year

Eni has started production from the Cabaça North development project, in Block 15/06, offshore Angola, via the Armada Olombendo FPSO.

about 5 years ago
Bozhong 19-4
Business & Finance

CNOOC’s offshore oilfield project starts production

CNOOC Limited has started production at the Bozhong (BZ) 19-4 oilfield comprehensive adjustment project offshore China.

about 5 years ago
Maersk Discoverer rig
Business & Finance

Exploration well off Guyana on track to reach total depth in December

The Kawa-1 exploration well, located offshore Guyana, is on track to reach total depth in the first half of December 2021.

about 5 years ago
BW Offshore Barossa FPSO
Business & Finance

BW Offshore’s Barossa FPSO equity JV gets regulatory approval

BW Offshore has informed that a JV partnership for the equity financing of the Barossa FPSO has been granted regulatory approval.

about 5 years ago
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