Norway’s state-owned oil & gas company Equinor and compatriot ocean services provider DeepOcean have agreed on an extension of their existing frame agreement for subsea inspection, maintenance, and repair (IMR) services, taking their collaboration to 30 years. DeepOcean will deploy specialized IMR v
Three Norwegian oil and gas players – Equinor, Vår Energi, and Petoro – have set their caps on augmenting the production from a giant oil field that came online eight months ago in the Barents Sea by adding what will become the first subsea tie-back to the project, said to be the newest oil producti
A final investment decision (FID) has been taken for a giant oil project in the North Falkland Basin (NFB), where $1.8 billion will be needed to foot the bill to first oil and $2.1 billion to project completion. This FID comes 15 years after the original oil discovery was made.
Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has won a job with International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for another jack-up rig bound to
The Northern Lights joint venture (JV), encompassing oil majors Shell, Equinor, and TotalEnergies, has issued the first storage certificates for CO2 permanently stored in the Aurora reservoir in the North Sea, documenting the quantities of CO2 transported and stored. The first CO2 volumes were trans
UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has pooled resources with PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, to supply gas from its gas fields in the And
ExxonMobil Guyana Limited (EMGL), a subsidiary of the U.S.-headquartered oil and gas major ExxonMobil, has hired French maritime services player Bourbon on a long-term assignment off the coast of Guyana.
Scottish renewable energy company Orbital Marine Power has secured a £7 million (around €8 million) investment to support its international commercial tidal stream projects, following new tidal energy licenses in Canada. Venture-focused investment firm PXN Ventures, the combined VC arm of Praetura V
Aberdeen-headquartered integrated solutions specialist EnerMech has secured a new assignment with Bechtel, an American engineering, procurement, construction, and project management player, for work on the second train of a liquefied natural gas (LNG) project off the coast of Australia.
A new seismic reimagining program is scheduled to be performed over Angola’s offshore Block 22 in support of the country’s upcoming licensing round. French geophysical services company Viridien, formerly CGG, announced today, December 10, a new multi-client seismic reimaging program over Angola’s “h
Australian energy player Santos has proposed to spud up to seven exploration and/or appraisal wells in the Commonwealth waters within the Bedout Basin, off the coast of Australia, in search of more hydrocarbons.
As its proposed merger with Sintana Energy continues to run in the background, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has expressed enthusiasm over the permits for seismic acquisition that have been issued in Uruguay, as the firm is convinced that this will
Solstad Maritime (SOMA) has won multiple new contracts for several construction support vessels (CSVs), with the work to start this and next month. The contracts for the 142.6-meter-long Normand Navigator and 127.5-meter-long Normand Cutter include additional services such as remotely operated vehic
Petronas Carigali Brunei, a subsidiary of Malaysia’s state-owned energy giant Petronas, has awarded McDermott with a subsea contract for a natural gas development project off the coast of Brunei. McDermott will provide engineering, procurement, construction, installation and commissioning (EPCIC) se
