Washington-headquartered EIG, through its managed investment vehicles, has acquired a stake from Canada Pension Plan Investment Board in Transportadora de Gas del Perú S.A. (TGP).
NjordIC has been awarded the UXO consultancy services contract for the Doordewind 1 & 2 grid connection system, commissioned by TenneT and forming part of TenneT’s offshore HVDC program supporting the Netherlands’ ambition to deliver 21 GW of offshore wind capacity. Under the contract, NjordIC will
Subsea7 has secured a contract with LLOG Exploration Offshore for the Buckskin field located approximately 305 kilometers off the coast of Texas, the U.S. For the Buckskin South Expansion project, Subsea7 will deliver the transportation and installation of a subsea umbilical and a rigid flowline in
French-based engineering company Technip Energies has confirmed the go-ahead to three players – Baker Hughes, Honeywell, and Solar Turbines – for equipment purchase orders required to bring a liquefied natural gas (LNG) project in Louisiana to life.
After news about awards in the Atlantic and North America regions, Norwegian vessel owner DOF Group has revealed the win of two contracts in the Asia-Pacific (APAC) region. The first is for a three-year frame agreement for the provision of subsea inspection, maintenance and repair (IMR) services wit
Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast.
London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.
Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected
In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned ene
Norway’s Reach Subsea has received all necessary regulatory and classification certifications in Australia for its uncrewed surface vessel (USV) and Remote Operations Centre, enabling full operational deployment in the country’s waters. The Australian Maritime Safety Authority (AMSA) has issued a Ce
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China.
French-based engineering company Technip Energies, as the engineering, procurement, and construction (EPC) services provider for a liquefied natural gas (LNG) project under development in Louisiana, has given the all-systems-go signal to the U.S.-headquartered energy technology giant Baker Hughes fo
Swedish tidal energy developer Minesto has dismissed a claim for damages directed against the company from the former major shareholder BGA Invest as unfounded. The claim for damages is allegedly based on the board of directors’ resolution to allot shares to BGA in the company’s rights issue carried
With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.
