Prosafe has shed more light on the recent activities of its fleet, confirming the sale of one vessel, the start of reactivation operations for another, and preparations for the move to Australia for the third while the rest of its ships keep working on their current assignments and one continues to
Shell has taken a final investment decision (FID) for its deepwater development project in the pre-salt area of the Santos Basin off the coast of Brazil.
BP has struck a deal with Apollo-managed funds to divest a minor non-controlling stake in BP Pipelines (TANAP), the firm’s subsidiary that holds its 12% interest in owner and operator of the pipeline that carries natural gas from a giant offshore field in Azerbaijan across Türkiye.
As multiple drilling campaigns are poised to shape Africa’s energy future this year, the African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has opted to shine a light on the offshore oil and gas drilling programs and licensing opportunities in Namibia.
The UK’s Odfjell Technology, a spin-off of Odfjell Drilling, has purchased a 10% stake in a Norwegian well construction and well intervention solutions provider, supporting the firm’s digital pipe technology. Odfjell Technology made a strategic equity investment in Reelwell, purchasing a 10% stake i
Energean has severed the divestment cord for its asset portfolio in Egypt, Italy, and Croatia, worth $945 million, as key regulatory pieces have not been put in place within the agreed timeline.
Houston-headquartered energy player NextDecade Corporation has cheered the revised court judgment regarding its liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas. The decision is perceived to remove the question mark hanging over the construction of this LNG project, whic
Petrogas has tucked a new natural gas extraction achievement under its belt off the coast of the Netherlands, thanks to drilling operations undertaken with one of Noble Corporation’s harsh environment jack-up rigs.
Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has finished its upgrade activation assignment for a jack-up barge, awarded by Rawabi Vallianz.
U.S. Secretary of Energy has now given its blessing for a proposed multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, operated by Venture Global, an American producer of LNG sourced from North American basins.
Baker Hughes has won a new assignment with Brazil’s state-owned energy giant Petrobras, which will enable the firm to supply fully integrated completions for the South American player’s offshore fields with solutions supporting remote operations in deepwater fields and allowing real-time response to
Golar LNG has inked finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for a floating LNG (FLNG) unit, which is working for the UK-headquartered BP.
South Korea’s major Samsung Heavy Industries (SHI) has clinched a ‘major’ contract worth KRW 1.9 trillion (approximately $1.34 billion) for the construction of nine environmentally friendly DP2 Suezmax shuttle tankers. As disclosed in a stock exchange filing by SHI, the newbuilds are due for deliver
Brazil’s state-owned energy giant Petrobras has prolonged the assignment of a pipelay support vessel (PLSV), owned and operated by a joint venture between Norway’s DOF Group and TechnipFMC.
