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Afreximbank signs deal with UTM Offshore for Nigerian FLNG
Business & Finance

Afreximbank signs deal with UTM Offshore for Nigerian FLNG

African bank Afreximbank has executed a head of terms with UTM Offshore to partially finance a floating liquefied natural gas (FLNG) project in Nigeria.

about 4 years ago
Shell
Business & Finance

Shell fails to find hydrocarbons in North Sea well

Shell has failed to find commercial volumes of hydrocarbons in a North Sea exploration well and the well is being plugged and abandoned.

about 4 years ago
New long-term gig for Siem Offshore off Brazil
Business & Finance

New long-term gig for Siem Offshore in Brazil

Siem Offshore has won a long-term contract for one of its oil spill recovery vessels (OSRVs), which will carry out operations off Brazil

about 4 years ago
Double contract wins for UK decom player in North Sea and Africa
Business & Finance

Double contract wins for UK decom player in North Sea and Africa

Northern Ireland-based pipeline decommissioning specialist Decom Engineering has secured two contracts to carry out cutting operations on decommissioning projects in the North Sea and offshore West Africa. According to Decom, the two contracts are worth more than £300,000 and will see the company de

about 4 years ago
Standard ETC vessel lands new job estimated at over $30k per day
Business & Finance

Standard ETC vessel lands new job estimated at over $30k per day

S.D. Standard ETC has been awarded a new contract for a platform supply vessel (PSV) with an undisclosed energy firm.

about 4 years ago
Well brought on stream as part of Brazilian player’s field revitalisation campaign
Business & Finance

Well brought on stream as part of Brazilian player’s field revitalisation

PetroRio has started production from a well located in a field within the Northern Campos Basin off the coast of Brazil.

about 4 years ago
Norve jack-up rig - Vaalco
Business & Finance

Vaalco plans to keep Borr rig for two more wells in Gabon

Houston-based Vaalco Energy plans to add two more wells to the work scope of a Borr Drilling-owned jack-up rig in Gabon.

about 4 years ago
Vertech wins major services agreement with Woodside Energy
Business & Finance

Vertech wins major services agreement with Woodside Energy

Inspection, non-destructive testing (NDT) and maintenance packages provider Vertech Group has secured a new long-term major services agreement with Australian energy giant Woodside Energy. The contract is the continuation of the companies’ long-term relationship which commenced in 2011, culminating

about 4 years ago
Wood to oversee first decom phase of Timor Sea FPSO
Business & Finance

Wood to oversee first decom phase of Timor Sea FPSO

Wood has been contracted by the Australian government to supervise the first decommissioning phase of an FPSO in the Timor Sea off Australia.

about 4 years ago
Surveys starting at Scottish floating offshore wind project
Business & Finance

Survey starting at Scottish floating offshore wind project

A geophysical and environmental survey is set to soon commence at the Salamander floating offshore wind project off the coast of Scotland in the North Sea. The geophysical survey and benthic drop-down video and grab survey activities are expected to commence on 26 July at the earliest and run until

about 4 years ago
Rémi Gruet, CEO of Ocean Energy Europe (Courtesy of Ocean Energy Europe)
Business & Finance

Ocean Energy Europe: UK sets strong example with first-ever tidal stream auction winners

Ocean Energy Europe has applauded the results of the fourth UK government’s renewables auction, stating that tidal energy can now take its rightful place in the UK’s mainstream electricity supply and calling for EU to follow suit.

about 4 years ago
Stena IceMAX drillship
Business & Finance

BP selects Stena drillship to drill Canadian well

Offshore drilling contractor Stena Drilling has secured a new drilling contract from BP for operations offshore Canada.

about 4 years ago
SIMEC Atlantis’ tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Business & Finance

MeyGen set for additional 28MW of tidal energy

SIMEC Atlantis Energy has secured UK government support to deliver the next phase of one of the world’s leading tidal power schemes – the MeyGen tidal energy project.

about 4 years ago
FPSO Kwame Nkrumah - Tullow - Petrofac
Business & Finance

Petrofac put in charge of operations services on Ghanaian field

Petrofac has been selected by Tullow Oil to provide operations services for the Jubilee offshore development in Ghana, West Africa.

about 4 years ago
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