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COSL Promoter; Source: COSL Drilling
Business & Finance

Norwegian oil & gas firm bites the dust in North Sea well

Wellesley Petroleum has found no hydrocarbons in an exploration well, which was drilled using one of COSL Drilling Europe’s rigs in the North Sea off the coast of Norway.

about 2 years ago
FSRU Excelsior; Source: Excelerate
Business & Finance

Installation jobs for Germany’s Wilhelmshaven 2 LNG terminal go to Norwegian and French firms

ECOnnect Energy has been hired to install a jettyless ready IQuay solution for LNG import to Wilhelmshaven.

about 2 years ago
Renewed French partnership targets vessel digitalization and improved efficiency
Business & Finance

Renewed French partnership targets vessel digitalization and improved efficiency

French cable laying and repair operations company Orange Marine has renewed and expanded its service contract with a compatriot provider of data integration and analysis services for the maritime and offshore industry as part of its move to advance fleet digitalization and operational efficiency. Th

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business & Finance

Temporary restraining order against Dolphin Drilling rig lifts but court proceedings still ongoing

Dolphin Drilling has managed to persuade the court to change its mind about an ex parte order of arrestment that was in force against its semi-submersible rig.

about 2 years ago
MMA Offshore to enhance vessel capability with large crane order
Business & Finance

MMA Offshore to enhance vessel’s capability with large crane order

MacGregor, part of Cargotec, has received an order it describes as “large” for the delivery of a crane for MMA Offshore’s 11-year-old multi-purpose platform supply vessel. MacGregor’s 50-tonne active heave compensated (AHC) crane will be installed on board the 83.6-meter-long MMA Valour, which provi

about 2 years ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies and Air Products ink 15-year green hydrogen supply deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply of 70,000 tons of green hydrogen starting in 2030.

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Business & Finance

Brazilian oil field’s production grounds to a halt but restart anticipated this month

Enauta has stopped production from a floating, production, storage, and offloading (FPSO) vessel working at its field offshore Brazil.

about 2 years ago
Allseas to take Pioneering Spirit to huge North Sea field in 2026
Business & Finance

Allseas to take Pioneering Spirit to huge North Sea field in 2026

Allseas has secured a contract with Norwegian state-owned Equinor to perform the installation of pipeline and integrated structures at a huge oil and natural gas field in the Norwegian sector of the North Sea. Under the contract, Allseas will install the pipeline and integrated structures for the se

about 2 years ago
Valaris 8503 rig was used for Zama appraisal; Source: Talos Energy
Business & Finance

Mexican operator entrusts French firm with work on its $4.5 billion oil project

Pemex has hired Doris on a front-end engineering and design (FEED) assignment for the development of its giant oil field in the Sureste Basin off the coast of Mexico.

about 2 years ago
Minesto's tidal energy kite Dragon 12 undergoing service and inspection
Business & Finance

Minesto’s utility-scale kite undergoes first inspection after grid-connected operation

Minesto’s utility-scale tidal energy kite, Dragon 12, is undergoing service and inspection, following the four months of grid-connected operation in Vestmanna, Faroe Islands.

about 2 years ago
Illustration; Source: Empyrean Energy
Business & Finance

As funding woes derail drilling timeline, oil & gas firm asks for more time to spud offshore prospect

Empyrean Energy is seeking an extension to meet its requirements in Block 29/11 located in the prolific Pearl River Mouth Basin, offshore China.

about 2 years ago
Petrobras gives $245 million worth of contracts to three Solstad vessels
Business & Finance

Petrobras gives $245 million worth of contracts to three Solstad vessels

Norway’s Solstad Offshore has secured multiple contract awards with Brazilian oil and gas giant Petrobras that have a combined value of approximately NOK 2.6 billion (around $245 million). Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and anchor handling tug supply

about 2 years ago
ADNOC
Business & Finance

Go-ahead for ADNOC’s huge LNG project prompts $5.5 billion deal for its development

ADNOC has made a final investment decision (FID) for its giant liquefied natural gas (LNG) project, which is envisioned as a lower-carbon intensity development.

about 2 years ago
Illustration; Source: Wintershall Dea
Business & Finance

Wintershall Dea closing its UAE chapter with exit from massive offshore sour gas project

Wintershall Dea has decided to divest its stake in a giant sour gas development off the coast of the UAE to Thailand’s PTTEP.

about 2 years ago
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