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Maersk Inspirer - Repsol Norge
Business & Finance

Repsol shuts in Yme field only weeks after start-up

Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.

about 4 years ago
Saipem gets $940 million job from Petrobras
Business & Finance

Saipem gets $940 million job from Petrobras

Italian Saipem has been awarded a new SURF EPCI contract by Petrobras for the Búzios 7 project in Brazil, worth approximately $940 million.

about 4 years ago
Photo showing Nova Innovation's tidal energy turbine (Courtesy of Nova Innovation)
Business & Finance

Nova Innovation launches investment round

Scottish tidal energy company Nova Innovation has opened a crowdfunding campaign on the Seedrs investment platform.

about 4 years ago
Woodside - BHP
Business & Finance

Woodside moves ahead with BHP merger, sanctions $12 bln Scarborough project

BHP and Woodside have signed a binding share sale agreement for the merger of BHP’s oil and gas portfolio with Woodside and made the FID for Scarborough.

about 4 years ago
Helix details first New Zealand decommissioning win
Business & Finance

Helix details first New Zealand decommissioning win

Helix Energy Solutions is set to carry out well abandonment, recovery of subsea trees and wellhead severance and recovery at the Tui oil field offshore New Zealand as part of the contract recently secured with New Zealand’s Ministry of Business, Innovation & Employment (MBIE).

about 4 years ago
Maersk secures logistics deal with global furniture company
Business & Finance

Maersk secures logistics deal with global furniture company

Danish container shipping giant Maersk and global eCommerce furniture company Zinus have signed a Memorandum of Understanding (MoU) for logistic services in 2022.

about 4 years ago
Borr Drilling Kistos Dutch North Sea
Business & Finance

Borr rig spuds Dutch North Sea well for Kistos

Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.

about 4 years ago
Swire Projects inks long-term charter deal with Nordic Projects & Finance
Business & Finance

Swire Projects inks long-term charter deal with Nordic Projects & Finance

Swire Projects, the projects division of Swire Shipping, has signed an agreement with the Hamburg-based Nord­ic Pro­jects & Fin­ance (NPF) for the long-term charter of six multipurpose (MPP) heavy-lift vessels.

about 4 years ago
Greater Buchan Area concept; Source: Jersey Oil & Gas
Business & Finance

Jersey adds new board members with expertise to complete North Sea project farm-out

Jersey has appointed new members to its board, which are expected to possess the expertise required to complete the farm-out process for the GBA development project in the North Sea.

about 4 years ago
Deepsea Yantai rig - Neptune Energy/ Odfjell Drilling
Business & Finance

Neptune preparing for busy year ahead with more wells added to Odfjell rig

Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai rig to include additional wells in the North Sea next year.

about 4 years ago
Safety watchdog detects irregularities on Maersk Drilling’s jack-up rig
Business & Finance

Offshore watchdog looking into structural safety issues on Maersk rig

The Petroleum Safety Authority has discovered a total of four irregularities and improvement points during an audit of the Maersk Drilling-owned Maersk Reacher jack-up rig.

about 4 years ago
U.S. offshore rig count
Business & Finance

U.S. offshore rig count stuck at 15

The number of offshore rigs in the U.S. remained unchanged at 15 last week, based on Baker Hughes’ weekly rig count report from last Friday.

about 4 years ago
In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future
Business & Finance

In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future

As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.

about 4 years ago
Maersk Voyager
Business & Finance

Maersk drillship gearing up for Namibian ultra-deepwater well

French energy major TotalEnergies is preparing to drill a wildcat well in waters offshore Namibia, using a Maersk Drilling-owned drillship.

about 4 years ago
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