Eight companies have submitted their applications to the Norwegian Ministry of Energy for CO2 storage licenses for two areas on the Norwegian Continental Shelf (NCS). Aker BP, Equinor Low Carbon Solution, Lime Petroleum, Northern Lights JV, OMV (Norge), PGNiG Upstream Norway, Vår Energi and Wintersh
Shelf Drilling has won a new deal for one of its jack-up rigs for operations on the UK Continental Shelf (UKCS).
UK regulator North Sea Transition Authority (NSTA) has launched a competitive process inviting applications for CO2 appraisal and storage licenses in an area of the English Channel. The licenses, for which the competitive process was opened on April 30, grant exclusive rights for the exploration and
Deltic Energy is still on the lookout for a farm-out partner to ensure that its share of costs will be secured for the appraisal of a gas discovery in the North Sea.
China’s Dalian Shipbuilding has signed a contract to build two 175,000 cubic meter large-scale LNG vessels for Ocean Jade Invested Limited.
Malaysia-based Sapura Energy has secured a contract for the delivery of underwater services for the Petronas group of companies and petroleum arrangement contractors. Sapura Energy’s wholly-owned subsidiary Sapura Subsea Services has been awarded with a contract for the provision of Pan Malaysia und
QatarEnergy is bolstering its giant liquefied natural gas (LNG) fleet expansion with a $6 billion deal for 18 ultra-modern QC-Max size LNG vessels.
Norwegian vessel owner DOF Group has secured multiple contracts with Brazilian state-owned oil and gas giant Petrobras expected to generate revenue beyond $192 million. Following a competitive tender process, Petrobras awarded new long-term charter and service contracts to Norskan Offshore and DOF S
NEOM has secured a new revolving credit facility (RCF), worth $2.7 billion, that will support short-term financing requirements as NEOM moves forward with the development of major projects.
Norwegian shipping and logistic company Wallenius Wilhelmsen has updated its progress on emissions targets and performance related to its sustainability-linked financing framework established in 2022.
DeepOcean has completed its first campaign under a contract with NKT for the provision of subsea construction support for a subsea HVDC cable that will link the Canadian border and New York. DeepOcean reported that its U.S. operation had wrapped up the first campaign for the Champlain Hudson Power E
BW Energy has inked a sale and lease back agreement with Minsheng Financial Leasing Co (MSFL) for an offshore production facility.
Chevron has enriched its offshore oil and gas portfolio in Africa with the entrance into a new license off the coast of Namibia.
OMV is the latest in the long line of oil and gas players that have thrown their support behind the Oil & Gas Methane Partnership (OGMP 2.0).
