Equinor has awarded a drilling contract to Odfjell Drilling for the use of the sixth-generation semi-submersible rig Deepsea Stavanger.
The NNPC has signed an agreement with OML118 partners, the home of the Bonga field, which will unlock over $10 billion in investments.
French energy major Engie has sold a 10 per cent share in its compatriot LNG containment specialist GTT at a price of €290 million ($354.9 million).
ABB has begun a pilot project with Norway’s oil giant Equinor at the Gina Krog platform, which is located in the North Sea.
Engineering consultancy for offshore renewable energy Yavin Four Consultants (Y4) has established a new base in Italy and appointed Michele Martini as its senior engineer in charge of Italian operations.
Sparrows Group has secured a contract with Chevron for work on the Gorgon and Wheatstone natural gas facilities in Australia.
Consulting organisation Crondall Energy Consultants has been awarded a technical consultant role on the SBM Offshore-owned Liza Unity FPSO.
A new electricity transmission link between Orkney and the Scottish mainland could be worth £807 million to Orkney economy if the wave and tidal energy industry makes use of the cable too, according to a study into the potential value of the cable.
Japan’s JX Nippon has decided to sell its oil and gas assets in the UK North Sea including its stakes in several biggest fields in the region.
Karoon has received a dispute notice from a partner in its operated Block Z-38, offshore Peru, due to an alleged breach of obligations.
Subsea Technology & Rentals (STR) has taken delivery of two EdgeTech 2050-DSS tri-frequency side-scan sonar and sub-bottom profiler systems at its Perth facility in Australia. The systems are currently being prepared for their debut in the Asia Pacific, STR said. “Our continuous investment, and stro
Britain’s energy regulators are putting billions of pounds of green infrastructure investment at risk by overseeing an energy market which favours EU energy imports at the expense of home-grown schemes, new research has shown. Electricity generators in the UK pay transmission charges for the cost of
The underwater industry is a hugely important asset for the UK, creating highly skilled jobs, driving economic growth and helping to level up across the country, UK Energy Minister Anne-Marie Trevelyan said at a recent Subsea UK event.
Offshore accommodation rig provider Floatel International has been awarded a new contract by Shell in the Philippines.
