PXGEO has secured a contract with the Sépia consortium to carry out an ocean bottom node (OBN) survey in the Santos Basin offshore Brazil. The 3D survey is set to be acquired in water depths of 2,300 meters with a duration of approximately four months. PXGEO Executive Chairman Peter Zickerman said:
Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.
Serica Energy has completed all the steps required to close the acquisition of Tailwind, aside from one, which also needs to be checked off the list.
French hydrogen producer Lhyfe has acquired a 49% stake in the Finnish company Flexens, a developer of renewable and green hydrogen and Power-to-X projects. Lhyfe said the move will accelerate the commercial deployment and Finland-based projects of both entities. According to Lhyfe, the companies fi
Canada-headquartered upstream oil and gas company Valeura Energy is acquiring the remaining minority interest in its special purpose vehicle subsidiary company Valeura Energy Asia Pte. Ltd, which holds all of the company’s assets in Thailand. Through a share exchange agreement (SEA), Valeura will ac
Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels.
Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.
Sempra Infrastructure, a subsidiary of Sempra, has reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. On 20 March, Sempra revealed reaching the FID and closing its joint venture with an
Offshore drilling contractor Dolphin Drilling has disclosed that one of its semi-submersible rigs has started its drilling assignment in Nigeria.
With the oil and gas sector in high demand, Shelf Drilling is envisioning further offshore drilling market improvements, especially within the jack-up segment.
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maers
Belgium-based provider of offshore survey services GEOxyz has opened its first office in the United States. The new office is located in New Brunswick, New Jersey, and will serve as GEOxyz’s U.S. headquarters. It will be led by Vice President U.S., Douglas Forbes, and Director U.S., Leeron Tagger. A
Japan’s JX Nippon is in the process of acquiring the country’s rig owner, JDC, in a bid to strengthen its position in the oil and gas industry.
NKT has completed the cable pull-in of the 320 kV HVDC power cable for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea. The pull-in operations were completed by the crew on board the cable-laying vessel NKT Victoria. Once secured in the transition joint bay, the
