U.S. oilfield services company Weatherford International has been hired on a deepwater integrated completions assignment by Esso Exploration & Production Nigeria Ltd. (EEPNL), an ExxonMobil affiliate, off the coast of Nigeria.
Hong Kong-headquartered Venture Energy, focused on the procurement and trading of clean fuels, has signed a memorandum of understanding (MoU) with CSSC Science & Technology (CSST) and China Shipbuilding Trading Co. (CSTC) that establishes a long-term offtake framework for green methanol supply. Unde
Italy’s energy giant Eni has lined up three new long-term liquefied natural gas (LNG) supply agreements for its gas project duo in Indonesia, Southeast Asia.
Oslo Stock Exchange-listed oil services company Archer is set to acquire isol8, a Scottish well technology company focused on alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A). The completion of the transaction is expected
The Arab Energy Fund (TAEF), a multilateral impact financial institution, has decided to expand its energy portfolio by investing in MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.
Japan’s exploration and production (E&P) company Inpex has shed light on the progress made in advancing discussions for liquefied natural gas (LNG) and pipeline gas offtake deals from a planned LNG project in Indonesia’s Masela block, which is seen as a way to fortify Southeast Asia’s energy securit
UK-headquartered energy giant BP and its partners have penned three production sharing contracts (PSCs) for oil and gas blocks off the coast of Indonesia, Southeast Asia. The British player is also participating in another offshore block, which Japan’s Inpex offshore Eastern Java in Indonesia.
Oceaneering has won an integrated offshore installation contract with Burullus Gas Company, a joint venture of Egyptian General Petroleum Corporation (EGPC) and Shell Petroleum, for a gas field development project offshore Egypt. The contract was awarded to the company’s Offshore Projects Group for
Two Norwegian energy players, Equinor and Aker BP, have forged a strategic alliance to augment future production and value creation across selected parts of their oil and gas portfolios on the Norwegian Continental Shelf (NCS), enabling them to better align ownership interests, support coordinated d
Following what was described as the world’s first type approval (TAT) and factory acceptance testing (FAT) for this type of engine some three months ago, Swiss marine power company WinGD has completed another FAT for its ammonia-fueled two-stroke marine engine. Built by Yuchai Marine Power (YCMP), t
Italy’s engineering, drilling, and construction services giant Saipem is pooling resources with Brazil’s state-owned energy player Petrobras to look into enhancing solutions for decommissioning activities across the South American country’s oil and gas fields, subsea systems, and associated infrastr
Norwegian ocean services provider DeepOcean has been hired to support the subsea decommissioning and disconnection of an undisclosed floating production, storage, and offloading (FPSO) vessel in the UK sector of the North Sea.
China’s Offshore Oil Engineering Company (COOEC) has awarded Wood with a contract for the design of an optimized solution for a pipeline network at QatarEnergy’s hydrocarbon redevelopment project. Wood has been put in charge of the design of 25 pipelines, including ensuring safe interaction where pi
