ADNOC has awarded two engineering, procurement, and construction (contracts totalling $1.46 billion for the Dalma Gas Development Project.
Gate Energy has expanded its global footprint with a new office in Mexico City, hoping to use it as a springboard to increase its customer base by providing services for the onshore and offshore industry to the rest of the Latin American region.
PD&MS Group has secured a modifications contract with Dana Petroleum, which is expected to create up to 80 jobs at its Aberdeen base.
The U.S. government agency BOEM has held an oil and gas lease sale for acreage in the Gulf of Mexico, cashing in more than $191 million in high bids.
Scottish company Orbital Marine Power has established a strategic partnership with one of the leading offshore energy players TechnipFMC to accelerate the global commercialisation of its pioneering tidal energy technology.
Aker Solutions has secured a contract with Petrobras to provide a subsea production system and related services for the Mero 4 project offshore Brazil.
Seadrill Limited has revealed its new board structure as the company is preparing to emerge from the Chapter 11 bankruptcy.
Scotland’s First Minister, Nicola Sturgeon, has expressed her belief that the Cambo oil project off Shetland should not get the green light.
SBM Offshore has been awarded contracts to perform FEED for an FPSO for the Yellowtail development project offshore Guyana.
Cyprus-headquartered seismic firm SeaBird Exploration has received a letter of intent (LoI) for the extension of the ongoing 2D survey in the Asia Pacific region.
An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.
Australian wave energy company Wave Swell Energy (WSE) has launched a capital raising round of Au$2.5 million (€1.6 million) to fund a technology enhancement program under its Bluefire project.
Southern California ports in Long Beach and Los Angeles have decided to delay consideration of the container dwell fee directed at ocean carriers until 22 November.
CRP Subsea has made a large-scale investment in a new manufacturing facility to support its transition from primarily oil & gas into the renewables market.
