Australian FAR Limited has reached a settlement with compatriot Woodside related to Woodside’s entry into the Sangomar project, located offshore Senegal.
The Equinor-operated Johan Sverdrup field in the North Sea is expected to reach plateau production for the first phase in early May, earlier than anticipated.
The Philippines’ Department of Energy has awarded Triconti Windkraft Group with a contract that gives the Group exclusive rights to study and develop the first offshore wind projects in the country.
US company Dominion Energy has completed its acquisition of small-scale liquefied natural gas player Pivotal LNG from utility Southern Company. Dominion now assumes full ownership of Pivotal’s LNG facility in Trussville, Alabama and a 50 per cent stake in the JAX LNG facility in Jacksonville, Florid
FSG has delivered another 32,336 GT roll-on/roll-off (RoRo) ferry to Siem Europe.
Following successful offshore drilling campaigns, oil and gas company Spirit Energy has boosted production from two North Sea fields.
Teekay, which has recently decided to change its name to Altera Infrastructure, has entered into a new bareboat charter contract with the Foinaven operator, a subsidiary of BP, for the Petrojarl Foinaven FPSO.
Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing an overall 23 percent reduction in capital expenditure for the year.
Fincantieri will further extend the work stoppage at all its military and cruise vessel production plants and offices.
The Green Maritime Methanol consortium achieves a new project milestone.
Sharp oil price drop and the global coronavirus pandemic have pushed Norwegian seismic survey company EMGS to operate in a low-cost setup to preserve sufficient liquidity.
Valaris has received contract terminations for two rigs operating offshore Angola, one from Total and the other one from Chevron, but has also secured revenue backlog of $100 million.
Australia’s Woodside is postponing final investment decisions for its Scarborough, Pluto Train 2 and Browse liquefied natural gas growth projects worth more than $50 billion in a response to the oil price crash and the COVID-19 pandemic. Woodside announced a number of measures on Friday which includ
Simeon Palios, chairman and CEO of Greek shipowner Diana Shipping, has tested positive for the coronavirus.
