Longboat has executed a farm-in agreement with OMV for two prospects on the NCS, boosting its net unrisked mean resources by 68 per cent.
The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.
The BP-led Greater Tortue Ahmeyim LNG project on border of Mauritania and Senegal is 75 per cent complete, according to Kosmos Energy.
Trident and JV partners for Block G – located offshore Equatorial Guinea – have agreed to extend their Production Sharing Contract (PSC).
The Lithuanian LNG terminal Klaipeda LNG has received the first cargo of liquefied natural gas for Polish gas firm PGNiG.
Van Oord has contracted Peritus International to perform a study on inter-array cable stability for RWE’s Sofia offshore wind farm in the UK. The scope consists of calculating the on-bottom stability for the inter-array cables in challenging environmental conditions and shallow water. According to P
Japan Drilling Co. (JDC) has been awarded a new deal for one of its jack-up rigs by Petronas Carigali for operations offshore Malaysia.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has reached an agreement with compatriot Nihon Shipyard and Shin Kurushima Dockyard for the construction of four 7,000-unit capacity car carriers that will use environment-friendly liquefied natural gas (LNG) as their main fuel.
Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.
A lot of companies involved in the offshore energy sector have already introduced their plans on how to reach the net-zero emissions status by a certain point in the future. In this week’s In Focus, we are spotlighting the most recent projects aiming to achieve these goals.
Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange.
S.D. Standard has acquired an interest in the Norway-based offshore drilling contractor, Dolphin Drilling, through an equity issue.
The Arrol Gibb Innovation Campus (AGIC) has been launched in Scotland with the aim to transform large-scale manufacturing for energy transition-related sectors.
Enbridge and Humble Midstream will jointly develop a low-carbon hydrogen and ammonia production and export facility near Corpus Christi.
