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First apprentices join Morlais tidal energy project
Business & Finance

First apprentices join Morlais tidal energy project

UK social enterprise Menter Môn has welcomed the first apprentices at the Morlais tidal energy project located offshore Anglesey in Wales, as work gets underway.

about 4 years ago
ABB’s subsea technology gets accolade for saving power and cutting emissions
Business & Finance

ABB’s subsea technology wins accolade for saving power and cutting emissions

ABB has received a best practices award from consulting firm Frost & Sullivan that recognizes its subsea technology for saving power and cutting emissions for energy industries. ABB won Frost & Sullivan’s 2022 Best Practices Award for Global Oil and Gas Automation Technology Innovation Leadership fo

about 4 years ago
OMV spuds North Sea well with Maersk Intrepid
Business & Finance

Austria’s OMV spuds large gas prospect in Norway

Austrian oil and gas company OMV has started drilling operations on the Oswig exploration well located in the North Sea offshore Norway.

about 4 years ago
Enbridge to invest in Woodfibre LNG
Business & Finance

Enbridge to invest in Woodfibre LNG

Canadian pipeline company Enbridge has signed a deal with Pacific Energy to jointly invest in the construction and operation of the Woodfibre LNG project.

about 4 years ago
Asian operator weeks away from bringing ninth shuttle tanker off Brazil for ops with Petrobras
Business & Finance

AET’s new shuttle tanker ready to work for Petrobras

The third Suezmax DP2 shuttle tanker, purpose-built for a charter with Petrobras, is expected to start ops in Brazil in a few weeks, says AET.

about 4 years ago
UK firm seeking partner for ‘one of the North Sea's largest undeveloped oil projects’
Business & Finance

UK firm seeking partner for ‘one of North Sea’s largest undeveloped oil projects’

Parkmead has launched a farm-out process to find a partner for the development of an oil project in the North Sea.

about 4 years ago
Argeo's SeaRaptor AUV sails through ultra-deep waters
Business & Finance

Argeo’s SeaRaptor AUV sails through ultra-deep waters

Argeo’s autonomous underwater vehicle (AUV) SeaRaptor Bravo has finished ultra deepwater survey work, thus completing necessary qualification requirements for the technology. Due to other project requirements for SeaRaptor Alpha, SeaRaptor Bravo completed the project, for which commencement was post

about 4 years ago
Valaris 107
Business & Finance

How things stand for Valaris rigs

A deep dive into Valaris fleet of rigs with details about latest contracts and extensions as well as other recent activities.

about 4 years ago
Chevron
Business & Finance

Sky-high profits for U.S. oil majors Exxon and Chevron

U.S. oil and gas majors Chevron and ExxonMobil both posted record profits for the second quarter of the year.

about 4 years ago
Golar LNG’s FLNG Hilli to increase production volumes
Business & Finance

Golar LNG’s FLNG Hilli to increase production volumes

LNG shipping company Golar LNG’s FLNG Hilli customers have decided to exercise their option on additional volumes from the 2023 to 2026 period.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Shell books Stena rig for North Sea work

Offshore drilling contractor Stena Drilling has signed a new contract with oil major Shell in the UK for its drilling rig Stena Don.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Subsea 7 figures up in spite of offshore wind challenges

Subsea 7 has reported a revenue of $2.4 billion for the first half of 2022, an increase of $247 million or 11% compared to the first six months of 2021, driven by the Subsea and Conventional business unit and partly offset by lower revenue in the Renewables unit. Revenue of the Subsea and Convention

about 4 years ago
‘Good news of drilling results are imminent’ as rig gets ready for its drilling gig off Turkiye
Business & Finance

Jack-up rig getting ready for seven-well campaign in Black Sea

After wrapping up its previous job, a jack-up rig is preparing to embark on its 2022 – 2023 drilling campaign in the Black Sea off Turkiye.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Eni’s pursuit of deeper zones results in another ‘significant gas discovery’ off Abu Dhabi

Italian oil and gas company Eni has made another gas discovery in its first exploration well in waters offshore Abu Dhabi.

about 4 years ago
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