Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected
In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned ene
Norway’s Reach Subsea has received all necessary regulatory and classification certifications in Australia for its uncrewed surface vessel (USV) and Remote Operations Centre, enabling full operational deployment in the country’s waters. The Australian Maritime Safety Authority (AMSA) has issued a Ce
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China.
French-based engineering company Technip Energies, as the engineering, procurement, and construction (EPC) services provider for a liquefied natural gas (LNG) project under development in Louisiana, has given the all-systems-go signal to the U.S.-headquartered energy technology giant Baker Hughes fo
Swedish tidal energy developer Minesto has dismissed a claim for damages directed against the company from the former major shareholder BGA Invest as unfounded. The claim for damages is allegedly based on the board of directors’ resolution to allot shares to BGA in the company’s rights issue carried
With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.
Offshore fabrication contractor Lamprell has expanded its operations in the Kingdom of Saudi Arabia with four offshore engineering, procurement, construction and installation (EPCI) contracts secured earlier this year. Lamprell’s combined scope across the four projects includes the installation of n
Equinor, a Norwegian state-owned oil and gas giant, has uncovered a new oil and gas/condensate discovery that enriches its hydrocarbon arsenal off the coast of Norway.
Classification society Bureau Veritas Marine & Offshore (BV) has classed its first methanol dual-fueled container ship, a newbuild destined for French shipping and logistics giant CMA CGM Group. The 15,000 TEU methanol dual-fuel vessel, named CMA CGM ANTIGONE, was built by China’s CSSC Jiangnan Ship
Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has brought into its fold the interests Norwegian oil and gas player DNO held in two fields off the coast of Norway.
Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, as well as a multi-year contract in the North America region for Shell. The contracts in the Atlantic region have a combined value of over $60 million, excluding optional work, and will be executed primarily u
Italy’s engineering, drilling, and construction services giant Saipem has landed a third contract extension for its 13-year-old semi-submersible drilling rig with Aker BP, a Norwegian oil and gas player, for operations off the coast of Norway.
Damen Shipyards Group, a Dutch shipbuilding giant, has held a keel-laying ceremony for Herman Senior’s new multi-purpose vessel (MPV) at the Albwardy Damen shipyard in Sharjah, United Arab Emirates (UAE).
