Energy storage solutions provider Hydrostor, has announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management.
Company Updates


Wood and FutureOn collaborate to provide integrated technical and digital service
FutureOn, the global software company specialising in the energy sector and creator of the award-winning, SaaS field design applications, FieldTwin Design and its API-centric collaboration platform, FieldTwin, has formed a strategic collaboration with global consulting and engineering leader Wood, to provide an enhanced service to its client base of global asset operators.

CGG sells Physical Asset Storage and Services Business to OASIS Group and Access
CGG has closed the sale of the physical storage assets and associated services of its Smart Data Solutions business to OASIS Group (“OASIS”) and Access Information Management Corporation (“Access”).
The transaction includes seven dedicated storage and service facilities, each holding client collections of records and subsurface rock and fluid samples. Access has acquired the three North American sites and OASIS the four European sites. Access and OASIS have a history of collaboration and, for global clients, will work together to continue the global service delivery.

PGS Signs Data Management, Service Agreement for MultiClient Seismic
PGS has signed a multi-year Data Management as a Service agreement with a major customer.

Western Gas gets green light for Sasanof-1 exploration well on North West Shelf
Western Gas has secured regulatory approval from NOPSEMA to drill the Sasanof-1 exploration well on the North West Shelf.

PGS wins Contract in West Africa
PGS has been awarded a 3D exploration contract in West Africa. A Ramform Titan-class vessel is scheduled to commence early February 2022 and will complete mid-March.

Santos announces ex-Woodside Exec McKinnell as new CFO
Santos has named former Woodside senior executive Anthea McKinnell as its new chief financial officer (CFO) with its merger with Oil Search comes now a done deal.

Carpentaria-2 strikes a chord in the Top End
Empire Energy has wrapped up drilling of the vertical section of the Carpentaria-2H in the Northern Territory’s Beetaloo basin.

PGS set for Samba survey offshore Brazil
PGS is scheduled to start a significant 4D acquisition survey for Petrobras over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022.

Western Gas secures MS-1 semi-sub to drill Sasanof-1 exploration well
The Sasanof-1 exploration well is in permit WA-519-P in Commonwealth waters about 207 km northwest of Onslow, Western Australia. Drilling is scheduled to commence in March/April 2022 following the rig relocating from nearby activities on the North West Shelf.
