The first steel structures for the topside that will be used to bring Aker BP’s new gas production platform bound for installation on the Norwegian Continental Shelf (NCS) to life have started their journey from Aibel’s Thailand shipyard.
Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has taken the final investment decision (FID) on a waterflood project at its U.S. Gulf of Mexico asset, which will enable water to be injected into the reservoir formation to displace additional oil. The Vito field, discovered
Canada-based oil and gas company Valeura Energy has achieved the first oil production from a development located off the coast of Thailand, said to be a result of an efficient drilling program that was carried out below budget. The first three of the seven development wells at the Nong Yao C develop
Norwegian vessel owner DOF Group has secured a new long-term contract with Brazilian oil and gas giant, Petrobras, for its pipelay support vessel (PLSV), as well as an extension of the contract for the PLSV Skandi Açu.
European Commission recently unveiled the Ship Financing Portal which provides businesses and organizations with a repository of available financial tools needed to drive fleet renewal and retrofitting, enhance efficiency, and reduce environmental impact.
Singapore’s Seatrium has delivered the fourth out of five jack-up rigs to UK-headquartered offshore drilling contractor Borr Drilling, a year ahead of the planned delivery date. Completed and delivered on an accelerated schedule, the rig named Vali is of KFELS Super B Class, capable of operating in
Petrobras has expanded its floating production, storage, and offloading (FPSO) fleet off the coast of Brazil with the arrival of a new unit.
Korean company LS Marine Solution and Taiwan’s Dong Fang Offshore (DFO) have entered into a memorandum of understanding (MOU) which will see LS Marine chartering a service operations vessel (SOV) from DFO and participating in offshore wind project bidding in South Korea. According to LS Marine Solut
Brazil’s state-owned energy giant Petrobras has revised its capex projection for 2024 to reflect its anticipated expansion of operations in the oil and gas exploration and production (E&P) segment.
The addition of new environmentally friendly vessels has helped German container shipping major Hapag-Lloyd counteract the prolonged capacity bottleneck caused by geopolitical tensions.
Finnish fuel supply and distribution company NEOT has extended charter contracts for six vessels owned by shipping company Terntank.
ONE-Dyas is setting the stage for the final leg of its journey toward the first natural gas production at its recently installed platform in the North Sea.
N-Sea Group’s recently launched dedicated subsea cable repair and installation vessel has completed its first cable replacement project and is carrying out another one for the same client. N-Sea and its partner Neptune Marine Service converted the anchored barge NP-459 into a dedicated cable repair
Arrow Energy, a joint venture (JV) between UK’s energy giant Shell and PetroChina, a subsidiary of state-owned China National Petroleum Corporation (CNPC), is planning to develop Phase 2 of its gas project in Queensland, Australia.
