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Subsea 7 picks UK firm for welding and coating services
Business & Finance

Subsea 7 picks UK firm for welding and coating services

Subsea 7 has entered into a long-term deal with Pipeline Technique (PTL) for the provision of welding and coating services.

about 3 years ago
Trident marks ‘significant milestone’ with completion of offshore work in Equatorial Guinea
Business & Finance

Trident all done with subsea campaign in Equatorial Guinea

Trident Energy has carried out its first saturation diving and subsea export hose replacement campaign in Equatorial Guinea.

about 3 years ago
TotalEnergies bent on taking legal action following accusations of ‘dramatically underreporting’ emissions
Business & Finance

TotalEnergies bent on taking legal action following allegations of ‘dramatically underreporting’ emissions

After Greenpeace said that TotalEnergies’ emissions are four times higher than reported, the oil major has decided to pursue legal action.

about 3 years ago
Tripartite partnership set up for early phase offshore wind site evaluation
Business & Finance

Tripartite partnership set up for early phase offshore wind site evaluation

TGS, SAND Geophysics and Norwegian Geotechnical Institute (NGI) have entered into a strategic cooperation agreement to provide early-phase ground condition and geohazard evaluations for offshore wind farm development. The partnership aims to support wind farm front-end engineering design (FEED) stud

about 3 years ago
Siem vessel going back to Canada to work for BP
Business & Finance

Siem vessel going back to Canada to work for BP

Siem Offshore has secured a deal for one of its dual-fuel PSVs with BP, which will enable the vessel to return to Canadian waters once again.

about 3 years ago
Jack-up rig moves to second gas well in Black Sea drilling campaign
Business & Finance

Jack-up rig moves to second well in Black Sea drilling campaign

Trillion has started the work planned for the second well in its 2022 – 2023 drilling campaign on a gas field in the Black Sea off Türkiye.

about 3 years ago
Brazilian firm opts to sell its stake in Petrobras-operated gas field
Business & Finance

Another change of heart for Brazilian player as it opts to sell its stake in Petrobras’ gas field

PRIO has decided to sell its stake in a Petrobras-operated gas field off Brazil to Gas Bridge to focus on its operated assets.

about 3 years ago
Indian firm sets sights on floating solar as part of diversification into renewable energy
Business & Finance

Indian firm sets sights on floating solar as part of diversification into renewable energy

India’s energy company Bharat Petroleum Corporation (BPCL) has launched a tender looking for consultancy services for the development of floating solar projects in Kochi. BPCL is engaged in manufacturing a range of petroleum products through oil depots, installations, LPG bottling plants, etc., and

about 3 years ago
QatarEnergy - Canada
Business & Finance

Oil majors win offshore exploration blocks in Canada

The Canadian government has released the results of the country’s latest call for offshore exploration bids in the Eastern Newfoundland Region, revealing ExxonMobil, QatarEnergy, BP, and Equinor as successful bidders for a total of five parcels.

about 3 years ago
Wood Mackenzie: Gulf of Mexico can be frontrunner in offshore CCS projects
Business & Finance

Wood Mackenzie: Gulf of Mexico can be frontrunner in offshore CCS projects

Carbon capture and storage (CCS) projects in the Gulf of Mexico could play an important role in meeting U.S. greenhouse gas emission reduction goals, however, many challenges remain, according to a report by Wood Mackenzie. There are currently 22 CCS projects in the U.S., accounting for 19% of globa

about 3 years ago
INEOS
Business & Finance

Pacific Gas orders four large ethane carriers, pens charter deal with Ineos

Hong Kong-based Pacific Gas, a fully owned subsidiary of Shandong Shipping, has placed an order for four 99,000cbm very large ethane carriers with Chinese shipbuilder Jiangnan Shipbuilding (Group) Co, a subsidiary of China State Shipbuilding Corporation. The contract is estimated to be worth around

about 3 years ago
Strong demand for Transocean rigs to bring higher day rates and fleet utilisation
Business & Finance

Strong rig demand to boost Transocean’s day rates and fleet utilisation

Transocean is expecting the demand for its rigs to remain high, leading to a further improvement in day rates and fleet utilisation.

about 3 years ago
Keel laid for Wallenius Marine’s dual-fuel Sleipner-class vessel
Business & Finance

Keel laid for Wallenius Marine’s dual-fuel Sleipner-class vessel

Longkou Shipyard in China held the keel laying ceremony for the first vessel from the Sleipner concept, which will be chartered out to Volkswagen Konzernlogistik GmbH & Co. OHG. The ships, which were ordered back in 2021, are being built and will be managed by Swedish ship design and management comp

about 3 years ago
Horisont Energi and Neptune Energy eye new CO2 storage license
Business & Finance

Horisont Energi and Neptune Energy eye new CO2 storage license

Horisont Energi and Neptune Energy are set to apply for the license to operate an area for CO2 storage in the North Sea that Norway’s Ministry of Petroleum and Energy announced on 2 November. The parties plan to apply together, with Neptune Energy having the operatorship for the development phase an

about 3 years ago
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