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FLNG Gimi destined for BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Business & Finance

With ‘multi-million’ deal in the bag, Petrofac wins more work on BP’s giant gas project

BP has hired Petrofac on a long-term contract for operations at its Greater Tortue Ahmeyim (GTA) project off the coasts of Mauritania and Senegal.

about 2 years ago
Flex LNG eyes ‘more attractive’ deal for Flex Constellation as current charter comes to an end
Business & Finance

Flex LNG eyes ‘more attractive’ deal for Flex Constellation as current charter comes to an end

LNG shipping company Flex LNG will take redelivery of the 2019-built Flex Constellation as the carrier’s current charterer, a trading house, has decided not to exercise its extension option. Flex Constellation was fixed on a three-year time charter on May 17, 2021, with an option to extend the perio

about 2 years ago
Illustration; Source: ONGC
Business & Finance

First oil gushes out of ONGC’s deepwater development

India’s ONGC has achieved the first oil from a deepwater block off the coast of the Bay of Bengal, which is said to be the largest bay water region in the world.

about 2 years ago
Innovative subsea tech to boost production capacity of Brazilian field
Business & Finance

FID taken for innovative subsea tech to boost production capacity of Brazilian field

A final investment decision (FID) has been taken to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero field offshore Brazil, developed by the Libra Consortium and operated by Petrobras. The pilot unit, using a pioneer high-pressure subsea separation technolog

about 2 years ago
FPSO Catcher; Source: BW Offshore
Business & Finance

Wheels in motion to prolong BW Offshore FPSO’s North Sea gig

BW Offshore has confirmed the lay of the land for the extension of a contract for an FPSO vessel beyond the currently fixed term.

about 2 years ago
Woodside and SK E&S join forces for lower-carbon hydrogen value chain
Business & Finance

Woodside and SK E&S join forces for lower-carbon hydrogen value chain

Australian energy major Woodside has signed a non-binding memorandum of understanding (MoU) with SK E&S, a part of South Korean conglomerate SK Group, to enable studies on the potential development of a lower-carbon hydrogen value chain, including hydrogen, ammonia and other related products. Accord

about 2 years ago
Deepsea Bollsta rig, formerly known as West Bollsta (for illustration purposes); Source: Odfjell Drilling
Business & Finance

December brings international offshore rig count activity to a standstill

Baker Hughes’ rig count report shows that no new rigs joined the working fleet in December 2023.

about 2 years ago
FPSO Sepetiba; Source: SBM Offshore
Business & Finance

SBM Offshore confirms FPSO’s achievement of first oil off Brazil

SBM Offshore has corroborated the start of production from an FPSO, which is working on Petrobras’ giant oil field in the Santos Basin off Brazil.

about 2 years ago
Noble Valiant drillship; Source: Noble Corporation
Business & Finance

Gulf of Mexico operator asks Noble drillship for an encore

Noble Corporation has added more work to the backlog of one of its seventh-generation drillships in the U.S. Gulf of Mexico.

about 2 years ago
Archive; Source: Planned Parenthood
Business & Finance

Biden vs Trump: Will energy policy or tectonic shifts in democracy and geopolitics decide winner of potential 2024 showdown?

Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?

14 minutes read
Noble Voyager drillship; Source: Noble Corporation
Business & Finance

Noble and Petronas strike a rig swap bargain offshore Suriname

Noble Corporation has worked out the details for a rig swap offshore Suriname with Petronas Suriname E&P, a subsidiary of Malaysia’s energy giant Petronas.

about 2 years ago
Grieg Green
Business & Finance

Grieg Green invests in maritime lifecycle analysis firm

Norwegian ship recycling expert Grieg Green has acquired a majority stake in ReFlow, a Danish lifecycle analysis provider.

about 2 years ago
West Azeri platform; Source: BP
Business & Finance

BP tucks oil production milestone under its belt at Caspian Sea platform

BP has achieved 1 billion barrels of total oil production from its operated platform in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
Thunder Horse platform in the Gulf of Mexico; Source: Danos
Business & Finance

BP taps Danos for Gulf of Mexico assignment

BP has handed out a contract to Danos to renew drilling logistical services for the oil major’s Gulf of Mexico assets.

about 2 years ago
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