Norwegian state-owned energy company Equinor has awarded oil services company Archer with a multi-year integrated contract covering the plug and abandonment (P&A) of 30 subsea wells, with options for the extension to other such projects across Equinor’s portfolio. The contract builds on the planning
Noble Corporation, a U.S.-based offshore drilling giant, has entrusted Norway’s asset integrity management company Axess Group with the provision of inspection and certification services for four mobile offshore drilling units (MODUs), which are deployed off the coast of Guyana.
Singapore-based shipping company Ocean Network Express (ONE) and Japan’s MTI Ltd. have established a joint venture (JV) company in Vietnam with the aim of promoting digital transformation of operations and business models in the shipping industry by using artificial intelligence (AI) technology. Est
Sapura Offshore, an indirect wholly-owned subsidiary of Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has secured new work orders for offshore transportation and installation (T&I) activities off the coast of Malaysia.
The Scottish Government Marine Directorate has granted the variation to the existing marine license for the Western Isles high-voltage direct current (HVDC) subsea cable link, allowing the needed increase in capacity. The project is a key component of SSEN Transmission’s planned £22 billion investme
South Korea’s Hanwha Ocean shipyard has put France’s technological containment specialist Gaztransport & Technigaz (GTT) in charge of designing tanks for seven new liquefied natural gas carriers (LNGCs).
Nexans has connected Italy’s Sardinia and Sicily via a 480-kilometer-long cable as part of the Tyrrhenian Link, described as one of the country’s most significant electrical infrastructures. The 970-kilometer, 1,000 MW interconnector encompasses two sections: the west part, connecting Sicily and Sar
UK-headquartered energy giant BP has reaffirmed its investment boost in the natural gas exploration and production agenda in the Mediterranean Sea off the coast of Egypt.
With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap
Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), has confirmed the arrival of an LNG carrier (LNGC) at a yard in Singapore, where it will undergo transformation to turn into an FSRU destined for deployment in Egy
As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 pe
Marine services provider V.Group has acquired Njord, a Denmark-based green technology business founded by Maersk Tankers, as part of its fuel efficiency and decarbonization goals. V.Group said that the acquisition enhances its ability to deliver value to shipowners and charterers by combining its ex
Bermuda-based offshore drilling contractor Borr Drilling has won a new assignment in the United States (U.S.) with an undisclosed operator for one premium jack-up rig and a contract extension with Italy’s Eni for another off the coast of Mexico.
UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, is set on bringing on stream a recently completed well shortly at an oilfield off the coast of Ghana, which was drilled with a drillship owned by Noble Corporation, a U.S.-based offshore drilling giant. The fi
