Norway’s oil and gas company OKEA has upped the recoverable resource estimates from discoveries at an oil field in the Norwegian sector of the North Sea.
Italian cabling giant Prysmian, as the main contractor, has completed all subsea cabling in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany, with its cable-laying vessel (CLV) now moving to Dutch waters. F
French technological containment specialist Gaztransport & Technigaz (GTT) has secured new tank design assignments for four liquefied natural gas (LNG) carriers (LNGCs) with China’s Hudong-Zhonghua shipyard.
Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but also the world at large, especially in terms of ec
ScottishPower, through its parent company Iberdrola, has secured £600 million (around €693 million) in financing from the National Wealth Fund to support the development of the fourth out of five subsea electricity superhighways between Scotland and England. The 2 GW Eastern Green Link 4 (EGL4) high
German transmission system operator (TSO) 50Hertz has awarded the Netherlands-headquartered Subsea Cable Assets (SCA) with a framework contract for the delivery of four cable storage carousels. SCA’s scope includes the engineering, manufacturing, delivery, installation and commissioning of four caro
Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has lined up a new long-term assignment for a six-year-old LNG carrier with an undisclosed company.
French provider of tubular solutions Vallourec has secured five contracts for oil country tubular goods (OCTG) products to be delivered in Indonesia. Vallourec signed two contracts in February for 14,000 tons of OCTG products, part of a series of five contracts signed recently with different operato
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been entrusted with the front end engineering and design (FEED) studies for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at an oil project, w
Norway’s state-owned oil and gas giant Equinor has kicked off drilling activities at its natural gas project off the coast of Brazil with a drillship owned by Valaris, a Bermuda-headquartered offshore drilling contractor.
Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr
Norway-headquartered advanced lifting and handling solutions provider Red Rock has entered the subsea crane market thanks to a contract with an undisclosed client. Red Rock reported today, March 24, that it had secured a contract for the delivery of an offshore subsea crane, marking the company’s en
Aberdeen-headquartered integrated solutions specialist EnerMech has won a new multi-year deal with Malaysia’s Bumi Armada for a floating production, storage, and offloading (FPSO) vessel deployed in the UK sector of the North Sea.
Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has struck a long-term liquefied natural gas (LNG) agreement with Vitol, an energy and commodities company.
