Helix Energy Solutions’ semi-submersible vessel Q7000 has arrived at Port Taranaki in New Zealand to commence the third phase of a field decommissioning project. Q7000, which arrived at the port on 16 May, will plug and abandon the wells across the Tui field as part of Phase 3 of decommissioning act
Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Mariti
Australia’s oil and gas company Karoon Energy has restarted production from assets connected to a floating, production, storage, and offloading (FPSO) vessel offshore Brazil, following maintenance work. Karoon shut-in Baúna production, including from the Patola field, on 28 March due to a loss of co
Shelf Drilling has boosted its backlog further during the first quarter of 2023, despite experiencing a sequential decline in revenue.
In a surprising turn of events, the Supervisory Board of Belgian tanker major Euronav NV has announced the departure of CEO Hugo De Stoop with immediate effect, citing mutual agreement. The company said in a press release that the majority of the Supervisory Board supported the decision. The move co
Industry major A.P. Moller – Maersk (Maersk) has completed the divestment of Maersk Supply Service (MSS) announced two months ago. At closing, A.P. Moller Holding, the parent company of the A.P. Moller Group, will assume full ownership of MSS. Maersk Supply Service will continue trading under its cu
Cheniere Marketing International, a subsidiary of LNG producer and exporter Cheniere Energy, has signed a long-term LNG sale and purchase agreement (SPA) with the energy company Korea Southern Power (KOSPO). Under the SPA, KOSPO agreed to purchase approximately 0.4 million tonnes per annum (MTPA) of
BSEE has examined the circumstances surrounding four recent high-potential, near-miss tagline entanglements during offshore operations.
Qatar’s state-owned oil and gas company QatarEnergy has awarded the engineering, procurement and construction (EPC) contract for the North Field South (NFS) project to a joint venture of Technip Energies and Consolidated Contractors Company (CCC). As disclosed, the EPC contract is worth around $10 b
Northern Lights, a joint venture (JV) of energy majors Shell, Equinor and TotalEnergies, has signed a deal that paves the way for the acceleration of the development of a commercial market for the transport and storage of CO2. Namely, the JV, which is developing a carbon capture and storage project
A lot of the money that was scheduled to go into the North Sea is being switched to the U.S. where oil and gas investments are booming.
Floating solar developer SolarDuck has opened an office in Norway, which will serve as the company’s global business development center.
Hengli Shipbuilding (Dalian) Co., Ltd., a subsidiary of Hengli Heavy Industry Group, has announced that it has won a major newbuilding contract with Haixing Shipping, a domestic shipowner, for four 82,000 deadweight ton (DWT) bulk carriers. The company said that the order officially marks the yard’s
Neptune Energy has awarded a long-term contract for drilling activities on the Norwegian Continental Shelf (NCS) to Tenaris.
