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Lime gets go-ahead for North Sea field acquisition as Repsol heads out
Business & Finance

Norwegian player gets go-ahead to buy North Sea field stake from Repsol

Lime Petroleum has received approval from the authorities for the acquisition of Repsol’s interest in the Brage field, located off Norway.

about 4 years ago
AqualisBraemar LOC acquires UK marine consultancy from Damen
Business & Finance

AqualisBraemar LOC acquires UK marine consultancy from Damen

London-based energy and marine consultancy AqualisBraemar LOC (ABL) has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard.

about 4 years ago
Santos scores investment grade rating from Moody’s following merger with Oil Search
Business & Finance

New Moody’s rating for Santos due to growth from Oil Search merger

Moody’s has assigned an investment grade credit rating with a stable outlook to Santos following the firm’s merger with Oil Search.

about 4 years ago
oil barrels
Business & Finance

Oil & gas on the rebound but tension will define 2022, Woodmac says

Wood Mackenzie believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered.

about 4 years ago
Valaris DS-10 drillship is drilling the well off Namibia for Shell
Business & Finance

Shell spuds Namibian wildcat

Oil major Shell has started drilling an exploration well in the Orange Basin offshore Namibia using a Valaris-owned drillship.

about 4 years ago
Noble Hans Deul - IOG
Business & Finance

Noble rig gearing up for IOG well after two-month hiatus but first gas late

Following a two-month drilling hiatus over an issue with Noble’s rig, IOG plc is preparing to spud a development well in the North Sea.

about 4 years ago
DP World inks final deal to develop Banana Port
Business & Finance

DP World inks final deal to develop Banana Port

Logistics provider DP World and the Government of the Democratic Republic of Congo (DRC) have signed the collaboration agreement for the development of the deep-sea port at Banana.

about 4 years ago
James Fisher ticks Ithaca Energy project off to-do list
Business & Finance

James Fisher ticks Ithaca Energy project off to-do list

James Fisher Subtech (JF Subtech) has completed a subsea inspection, repair and maintenance (IRM) project for Ithaca Energy on its FPF-1 floating production facility located offshore Aberdeen in Scotland.

about 4 years ago
Manati - Petrobras
Business & Finance

Petrobras shuts down Brazilian gas field again over pipeline issue

Petrobras has stopped gas production from a field offshore Brazil due to an issue related to the export pipeline’s subsea valve.

about 4 years ago
Steven Brown, Managing Director, First Marine Solutions - North Sea contract
Business & Finance

UK’s offshore mooring expert to support decom specialist’s North Sea campaign

Aberdeen-based First Marine Solutions has been awarded a contract in the North Sea by a well-decommissioning specialist, Well-Safe Solutions.

about 4 years ago
Solstad inks long-term contract for North Sea ops
Business & Finance

Solstad inks contract renewal for North Sea ops

Solstad Offshore has secured a long-term contract for one of its PSVs, which will enable the vessel to support operations in the North Sea.

about 4 years ago
TSC Subsea continues global expansion spree
Business & Finance

TSC Subsea continues global expansion spree

NDT inspections specialist TSC Subsea is set to open new facilities in Perth, Australia, in the first quarter of 2022 to support ongoing growth in key regions.

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

SIMEC Atlantis sells hydro business to step up focus on tidal

SIMEC Atlantis Energy has sold its hydro power subsidiary Green Highlands Renewables (GHR) for a total of €3.5 million in a move to simplify its business structure and increase focus on tidal and power station conversion businesses.

about 4 years ago
ICTSI secures Madagascar concession extension
Business & Finance

ICTSI secures Madagascar concession extension

Manilla-based International Container Terminal Services, Inc. (ICTSI) and Société de Gestion du Port Autonome de Toamasina (SPAT) signed a 15-year extension of the concession for the Madagascar International Container Terminal.

about 4 years ago
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