With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty surrounding
A subsea vessel owned by Norwegian shipping company Solstad Offshore has secured another contract with Subsea7, extending its work for the company for another two years, potentially longer. Normand Subsea, a versatile inspection, maintenance, and repair (IMR) vessel, has been on contract with Subsea
Singapore’s Rex International Holding Limited has disclosed the updated results of an independent qualified person’s report (QPR) for its oilfield off the coast of Benin.
KOIL Energy Solutions, formerly Deep Down, has received an order for its subsea distribution equipment, which will be deployed at an oil and gas project in the Gulf of America, formerly known as the U.S. Gulf of Mexico.
Gulf Marine Services (GMS), a UAE-headquartered provider of self-propelled and self-elevating support vessels for the offshore energy sector, has picked up a new contract for a vessel from its fleet in the Middle East.
Aker BP has secured a drilling permit for an exploration well in the Norwegian Sea off the coast of Norway, which is slated to be drilled this month using a semi-submersible rig owned by Italy’s Saipem.
Italy’s energy giant Eni has reached an agreement with energy and commodities company Vitol to sell a portion of interests in certain assets it owns in Cote d’Ivoire and the Republic of Congo.
Serica Energy has disclosed a delay in resuming production from its assets in the North Sea, as more time is needed to fix the issue hampering a floating production, storage, and offloading (FPSO) vessel’s performance on the UK Continental Shelf (UKCS).
Trillion Energy is working on implementing solutions to bolster and maintain natural gas production in the long run at its giant field offshore Türkiye, with a gas lift compressor system.
Poland’s Orlen Group has signed a liquefied natural gas (LNG) supply contract with Ukraine’s state-owned energy company Naftogaz.
Murphy Oil Corporation has lengthened the current deal for a floating production, storage, and offloading (FPSO) working at its asset in the Gulf of America, formerly the U.S. Gulf of Mexico.
Crowley has joined forces with Naturgy, enabling it to send what it describes as the first U.S. LNG carrier (LNGC) to Puerto Rico, bolstering the North American country’s energy security amid growing power demand.
Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has secured a 20-year extension for its floating storage and regasification unit (FSRU) moored off the coast of Livorno.
Afentra has acknowledged the growing media speculating over its alleged attempt to up its stake in two Angolan offshore blocks by confirming its participation in discussions, together with one of its joint venture (JV) partners, to buy the stake of another JV partner.
