South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for two liquefied natural gas (LNG) carriers from undisclosed European shipowners. The value of the new contract is estimated at KRW 649.5 billion (around $495 million). According to local media, DSME will
Valaris has revealed that one of its drillships has started working on its new assignment offshore Brazil with Petrobras.
Norwegian AKOFS Offshore has signed a firm contract for Aker Wayfarer that will continue to perform services as a subsea equipment support vessel (SESV) for Petrobras in Brazil. The duration of the contract is almost four years and the services will commence in the first half of 2023. AKOFS Offshore
Rystad has revealed that Guyana’s offshore oil & gas industry is poised to enter the big league with revenues set to break $1 bln in 2022.
Pemex has taken over the ownership and operation of the FPSO operating on the second largest offshore oil complex in Mexico from BW Offshore.
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
CGX Energy and Frontera Energy, partners in the Corentyne block offshore Guyana, have announced a transaction for the block.
A government-owned Maltese company has issued a tender looking to appoint a contractor to deliver the environmental impact assessment (EIA) for a new interconnector in the central Mediterranean.
Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.
Texas-based seismic solutions provider Geospace Technologies has signed an extended duration rental contract with compatriot marine geophysical services provider SAExploration for seabed ocean bottom wireless seismic data acquisition nodes. Under the agreement of an estimated value of $12 million, S
The stability of Russian gas flows to Europe remains uncertain, despite the reopening of the Nord Stream 1 pipeline, as further disruptions are expected as winter approaches, Wood Mackenzie stated, outlining two potential scenarios. Nord Stream restarted gas transmission yesterday, 21 July, after a
Woodside has abandoned its previous plans related to the sell-down of equity interest in its operated Sangomar project located off Senegal.
Finnish marine and energy technology group Wärtsilä has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022.
Danish company Wavepiston has through its ongoing capital raise secured €600,000 in investment commitments that will be used to further advance its wave energy technology.
