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Illustration; Source: North Sea Transition Authority
Business & Finance

Ithaca, Aker Solutions, Expro, Proserv, and EY back 10-point plan to improve North Sea workers’ mental health

Five energy industry players have given their backing to a charter aimed at improving the mental health of thousands of North Sea workers.

about 3 years ago
Illustration; Source: SLB
Business & Finance

Petrobras embraces digital transformation with SLB’s cloud-based tech to optimise oil & gas production

SLB has been hired on a long-term contract by Brazil’s Petrobras, which is investing in AI and cloud-based technologies to ramp up production.

about 3 years ago
Island Constructor vessel; Source: Island Offshore
Business & Finance

All-clear for Aker BP to deploy well intervention vessel for North Sea ops

Aker BP has received consent from Norway’s regulator to use one of Island Offshore’s vessels for work in the Norwegian North Sea.

about 3 years ago
Noble Discoverer (former Maersk Discoverer) rig; Source: Noble Corp.
Business & Finance

Noble rig booked for drilling ops off Suriname

Noble has won a new contract with Petronas for one of its semi-submersible rigs, which is being hired for drilling activities off Suriname.

about 3 years ago
Geophysical survey about to begin for 'world's longest HVDC subsea cable'
Business & Finance

Geophysical survey about to begin for ‘world’s longest HVDC subsea cable’

A geophysical survey is set to begin this month in the UK for an interconnector that will connect to Morocco, described as the world’s longest HVDC subsea cable. The UK geophysical survey will follow the proposed cable corridor for the Xlinks Morocco-UK Power Project, routing along the North Cornwal

about 3 years ago
Greek TSO enters EuroAsia Interconnector with 25% stake
Business & Finance

Greek TSO enters EuroAsia Interconnector with 25% stake

Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) has become a strategic investor in the EuroAsia Interconnector that will link Greece, Cyprus and Israel with the acquisition of a 25 per cent stake. IPTO’s entry into the share capital of EuroAsia Interconnector

about 3 years ago
Valaris DPS-5 rig. Source: Lukoil
Business & Finance

Valaris finds drilling work for three rigs in Gulf of Mexico and Australia

Valaris has secured four new drilling deals for its rig fleet in the Gulf of Mexico and Australia, which boost its backlog further.

about 3 years ago
Island Innovator rig; Source: Island Drilling
Business & Finance

Additional work added to Island Drilling rig’s upcoming job in Africa

Island Drilling Company has secured more drilling work with Trident Energy for its semi-submersible rig offshore Equatorial Guinea.

about 3 years ago
Shell and McDermott take their 'long-standing relationship' to Malaysia
Business & Finance

Shell and McDermott take their ‘long-standing relationship’ to Malaysia

Sarawak Shell Berhad (SSB), a subsidiary of Shell, has awarded McDermott with a contract to deliver offshore transportation and installation for a pipelay and heavy lift project in Malaysia. Under the contract, McDermott will perform transportation and installation services for two pipeline segments

about 3 years ago
Mitsui to invest in e-methanol business in Northern Europe
Business & Finance

Mitsui to invest in e-methanol business in Northern Europe

Japan’s Mitsui & Co has agreed to acquire a 49% equity interest in Kasso MidCo ApS, an affiliate of European Energy, a renewable energy company headquartered in Denmark. Specifically, Mitsui will acquire a minority stake in European Energy’s solar park and e-methanol production facility Kasso in the

about 3 years ago
Stena Carron (drilled one of ExxonMobil's recent discoveries in Guyana); Source: Stena Drilling
Business & Finance

ExxonMobil in hot pursuit of more hydrocarbons as Guyana greenlights 35-well drilling campaign

ExxonMobil has received a stamp of approval for its 35-well exploration and appraisal drilling campaign on the Stabroek Block offshore Guyana.

about 3 years ago
Danish concession area; Source: Danish Energy Agency (DEA)
Business & Finance

Denmark kicks off mini oil & gas licensing round in North Sea

Denmark has opened a mini oil and gas licensing round for exploration and extraction in a defined area in the Danish sector of the North Sea.

about 3 years ago
Tyra II; Source: TotalEnergies
Business & Finance

Tyra II makes another step towards the finish line with first gas still on track for winter

The power-up of two gas turbines at TotalEnergies’ redevelopment project in the Danish North Sea has been completed.

about 3 years ago
Monjasa expands supply operations into Port of Singapore
Business & Finance

Monjasa expands supply operations into Port of Singapore

Marine fuels supplier Monjasa has announced further expansion in Asia by commencing its first supply operations in the Port of Singapore with three tankers to be added during this year. The company already has three offices located in Singapore, Shanghai and Ho Chi Minh City and is supplying 1 milli

about 3 years ago
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