South Korean Taihan Cable & Solution has acquired what is said to be Korea’s only cable-laying vessel (CLV) for the offshore wind market. Taihan, which announced the purchase on December 20, bought the vessel for approximately $38.4 million. The CLV, equipped with self-propulsion and a DP2 system, c
The floating production storage and offloading (FPSO) facility destined for Woodside Energy’s Sangomar project, Senegal’s first offshore oil development, is on its way to its final destination. MODEC announced that FPSO Léopold Sédar Senghor departed Singapore and commenced its voyage towards Senega
UK-based oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of the Chuditch production sharing contract (PSC) offshore Timor-Leste. Baron Oil announced a proposed assignment of a 15% working interest in the TL-SO-19-16 PSC offshore Timor-Leste
UTM Offshore and Nigerian National Petroleum Corporation (NNPC) have signed a shareholders agreement with Delta State Government for the development of the nation’s first indigenous floating LNG project. Under the agreement, which was hailed as a significant milestone in the development of the proje
Petronas Carigali, a wholly-owned subsidiary of Malaysia’s state-owned energy giant Petronas, has signed multiple agreements with Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) related to the development of two blocks offshore Malaysia. Petronas Carigali and PTTEP sig
Marine geophysical service provider PXGEO has acquired 100% of the share capital of Oslo-headquartered AmpSeis, a geophysical company said to have developed an advanced ocean bottom node (OBN). PXGEO said that the acquisition of AmpSeis is a step forward in its strategy to be the technology leader i
On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart program. The applicants include: Together, the applicants are
Japanese energy company JERA has signed an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) for system design and other support related to the adoption of LNG in the Philippines. The agreement follows the selection of JERA as the contracted party
Akrake Petroleum, a joint venture company of Singapore’s Rex International Holding, has signed a production sharing contract (PSC) for operatorship and a working interest in a field offshore West Africa. The plans include redeveloping the field and restarting production. Akrake Petroleum, a wholly-o
Brazilian oil and gas player Enauta has signed a contract with QatarEnergy Brasil for the acquisition of a stake in oil fields located in the Campos Basin for $150 million. Enauta reported that it was set to acquire the entire 23% stake held by QatarEnergy Brasil in the oil fields of Abalone, Ostra
Seadrill has found long-term assignments for two drillships with Brazil’s state-owned oil and gas giant, Petrobras.
Petrobras has embarked on drilling operations at a well, which marks the resumption of the company’s search for oil and gas in the Equatorial Margin.
Noble Corporation has added more work to the backlog of one of its semi-submersible rigs offshore Colombia, South America.
The 216-meter-long heavy lift pipelay vessel JSD 6000, designed by Ulstein and built at the ZPMC shipyard in China, has completed its sea trial and has returned to the ZPMC Changxing Base. The completed sea trial includes the testing of the marine equipment, while the sea trial to test the mission e
