South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract for the construction of two LNG carriers worth around $500 million (KRW 710 billion). Each vessel has secured a price of $250 million, a record vaue for local shipbuilders, Yonhap reports citing DSME. The LNG
Sempra Infrastructure, a subsidiary of Sempra, and Bechtel Energy have amended and restated the fixed-price engineering, procurement and construction (EPC) contract for the proposed Phase 1 of the Port Arthur LNG project under development in Jefferson County, Texas. The amended contract includes an
The first well in Trillion’s 2022 – 2023 drilling campaign in the Black Sea has identified numerous potential gas zones on logging.
ConocoPhillips has executed a joint operating agreement (JOA) with 3D Oil in relation to the offshore Victorian Permit VIC/P79.
UAE’s ADNOC has announced a new world record for the longest oil and gas well has been set at its Upper Zakum Concession.
Hellenic Cables has awarded Vos Prodect with a contract to deliver its sealed cable hang-off systems for the Vesterhav Nord and Syd offshore wind farms in the Danish North Sea. Vos Prodect said it will perform an extensive test program at the testing facility using the 66kV cross-linked polyethylene
Oil and gas production in the North Sea could be boosted in the coming years through a series of measures recommended by the NSTA.
Swedish tidal energy developer Minesto has reported wider losses for the first nine months of fiscal year 2022, compared to the same period a year earlier.
Neptune Energy has called on the Dutch government to introduce an investment allowance in its plans to raise levies on energy companies.
London-based Panoro Energy has agreed to farm-in into the Kosmos Energy-operated Block S offshore Equatorial Guinea.
Saipem has secured a contract by Qatargas worth approximately $4.5 billion, the largest single offshore contract by value in its history.
The Energy Agency of the Basque Government (EVE) has confirmed it would soon launch a €3.2 million public procurement process for the purchase of new turbine technology for the Mutriku wave energy power plant.
Norwegian state-owned Equinor is facing a massive digital protest against the company and its operated Rosebank project, located West of Shetland.
South Korea’s defense and energy conglomerate Hanwha Group will proceed with the acquisition of a majority stake in the compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). The duo signed a tentative takeover deal in September that would see Hanwha Group acquire a 49.3 percent sta
