Italian energy giant Eni has sealed a deal with Venezuela’s Ministry of Hydrocarbons and Petroleos de Venezuela S.A. (PDVSA) to resume hydrocarbon activities in the South American country.
Norwegian shipbuilder Ulstein has held the naming ceremony for Nexans’ new 155-meter-long cable-laying vessel (CLV) Nexans Electra. Based on the ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an updated version of the sister ve
Australia’s oil and gas player Beach Energy has embarked on the next phase of its drilling program in Australian waters, which is being conducted by a rig owned by Transocean, an offshore drilling giant.
South Korean Taihan Cable & Solution has been selected to manufacture, transport and install extra-high-voltage submarine cables for a local solar power generation project. Taihan will supply the 154 kV cables, joints, and all related materials, as well as provide the installation to EPC contractor
AIM-quoted independent oil and gas production and development company Block Energy has made a move to enter a new geographic area through an investment related to two production sharing contracts (PSCs), which will enable it to expand its portfolio to encompass two offshore licenses in Gabon.
Ulsan Port Authority (UPA), which manages and operates South Korea’s largest industrial port complex, has revealed the Asian country’s latest leap toward cleaner maritime fuel solutions in the global shipping energy transition by completing what it describes as the world’s first ammonia bunkering op
Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has confirmed its timeline for putting four wells into production mode at a field off the coast of Ghana.
Irish and Spanish ministries have signed a memorandum of understanding (MoU) to explore the potential for a future electricity interconnector between the two countries. The MoU was signed by Ireland’s Department of Climate, Energy and the Environment and Spain’s Ministry for the Ecological Transitio
Brazilian state-owned oil and gas giant Petrobras has taken steps to become the sole owner of a portion of the ring-fence of a field in BC-10 Concession in the Campos Basin, currently held by Shell Brasil Petróleo, a subsidiary of UK-headquartered Shell, ONGC Campos, a Brazilian arm of India’s energ
UK-headquartered energy giant Shell has made a move to strengthen its liquefied natural gas (LNG) arsenal through a multibillion-dollar cash‑and‑share deal for the acquisition of Canada-based ARC Resources.
Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and
After establishing joint venture companies in Taiwan and Equatorial Guinea, Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has done the same in Brunei. The primary activities of the entity named Serikandi Mermaid SDN BHD are offshore tran
Japan’s Sumitomo Corporation, Kawasaki Kisen Kaisha (“K” Line), and Nippon Yusen Kabushiki Kaisha (NYK Line) have jointly applied to run a demonstration project on the supply of ammonia fuel for vessels in Singapore, building on their memorandum of understanding (MoU) from last month to conduct a fr
Singapore-based offshore, marine, and energy solutions provider Seatrium has brought to a close the disposal of its tugboat fleet as it continues its mission to part ways with non-core assets in its portfolio.
