Business Briefs

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Company News

BASF confirms entry to German North Sea wind projects

April 26, 2024
Vattenfall has agreed to sell a 49% stake in its Nordlicht 1 and 2 wind farms in the German North Sea to BASF.
Courtesy OMV Petrom
Equipment Engineering

ABL overseeing T&I operations for Black Sea Neptun Deep project

April 19, 2024
OMV Petrom has contracted ABL to perform marine warranty survey services for the Neptun Deep gas field construction project in the Black Sea offshore Romania.
Courtesy André Motta de Souza / Petrobras Agency
Production

Petrobras, bp consider further E&P ventures

April 19, 2024
Petrobras and bp have signed a non-binding memorandum of understanding to cooperate on wide-ranging opportunities, including in exploration and production (E&P).
Courtesy TenneT
Renewable Energy

DEME installing cables for two TenneT North Sea wind farms

April 19, 2024
Prysmian has awarded DEME two engineering and installation contracts for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Dutch North Sea.
Courtesy TotalEnergies
North Sea & Europe

NEO fined for North Sea venting breach

April 18, 2024
NEO Energy Production UK must pay a fine of £100,000 ($124,643) after having been found to breach a combined vent consent for three producing fields in the UK central North Sea...
Courtesy Petrobras
Latin America

Petrobras sells two fields offshore Brazil to Perenco

April 18, 2024
Petrobras’ board has approved the sale of the company’s interests in the shallow-water Cherne and Bagre fields in the Campos Basin to Perenco Petróleo e Gás do Brasil.