BP has hired two Audubon and Exmar Offshore to handle the engineering and design of topside and hull, respectively, for a floating production unit (FPU), which will be deployed at its sixth-operated deepwater project in a prolific high-margin basin within the U.S. Gulf of Mexico.
Aker BP has expanded its collaboration with Aize, a digital twin software provider, by including a software-as-a-service (SaaS) agreement for all relevant facilities.
Japan’s MOL has taken hold of a larger stake in MODEC, which will enable it to convert the firm into an equity-method affiliate in pursuit of further growth in both firms’ offshore businesses against the backdrop of energy transition plays that call for a step-up in the decarbonization arena.
Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean, a spin-off company of Northern Drilling, has picked a new Chief Executive Officer (CEO) to spearhead the company and oversee the implementation of its growth strategy.
NextDecade has made a move to retract an application made to the Federal Energy Regulatory Commission (FERC) for a proposed carbon capture and storage (CCS) project envisioned to be deployed as a way to curb the carbon footprint of its liquefied natural gas (LNG) export terminal located at the Port
Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS
Inpex Browse E&P, a subsidiary of Japan’s energy company Inpex Corporation, has won a license allowing it to search for hydrocarbons in a block off the northern coast of Western Australia as part of the country’s 2022 offshore petroleum exploration acreage release.
Vår Energi has made changes to the schedule for the start-up of an oil field life extension project in the Norwegian sector of the North Sea, moving it to the second quarter of 2025.
In the aftermath of a tragic incident that resulted in the death of a 40-year-old worker, the Louisiana State Police (LSP) is looking into the offshore natural gas pipeline explosion and fire to get to the bottom of the incident off the coast of Louisiana.
Energean has started drilling activities at a well located on a natural gas field off the coast of Morocco, using a drillship owned by Stena Drilling, an Aberdeen-based offshore drilling contractor.
UK-based oilfield services provider EnerMech has won two “significant” pipeline pre-commissioning contracts offshore East Malaysia to expand pipeline and subsea activities within the region in deep and shallow water environments. According to EnerMech, the contracts are secured with two tier-one cli
UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, has fulfilled two more conditions for its proposed merger with Trinidad-headquartered Lease Operators.
Eni has hit a new milestone with the start-up of a gas project at an offshore field in the Strait of Sicily, describing the field as the most important gas development project in Italy.
Norway-based ocean services provider DeepOcean has secured a five-year contract extension with a Mexican company that provides services and solutions for the oil industry for its construction and subsea vessel. Thanks to the contract extension with Diavaz, DeepOcean’s Arbol Grande vessel will work o
