Allseas has won a contract to construct the subsea pipeline for the Porthos CO2 storage project, the first such project in the Netherlands. The news comes shortly after the final investment decision (FID) was made for the project. Allseas’ work includes installation, burial and commissioning of the
TechnipFMC has secured a contract with Australia’s energy giant Woodside Energy for the manufacture of flexible pipe. TechnipFMC will supply infield flowlines and jumpers for Woodside’s Trion project in deepwater Mexico. The award was included in the company’s inbound orders in the third quarter of
Offshore drilling contractor Transocean has added approximately $745 million in new contracts to its incremental backlog by securing work for three of its drillships. In its quarterly fleet status report, Transocean said that the Dhirubhai Deepwater KG1 was awarded a 21-month contract in India at a
Oil and gas engineering services business Plexus Holdings has secured a contract award for Exact and Centric equipment for a plug and abandonment (P&A) project secured through its licensor SLB for a North Sea operator. The order includes the provision of Exact adjustable wellhead system and Centric
HWCG, a consortium of deepwater operators in the Gulf of Mexico, and marine environmental consulting and survey company CSA Ocean Sciences have created a surface monitoring equipment program designed to assist offshore oil and gas operators with enhancing their environmental monitoring and preparedn
Oman LNG has signed shareholder agreements with several international companies, including Shell, as part of its strategic roadmap to extend the existing agreements and continue business beyond 2024. At the ceremony held on October 23, the state-owned company signed Oman LNG and Qalhat LNG sharehold
Scana-owned PSW Technology has secured an extension of its frame agreement with Odfjell Drilling for the provision of marine risers and subsea equipment services. The agreement includes services for the classification and testing of well control equipment for all the rigs within Odfjell Drilling’s p
Oilfield services provider Petrofac has secured a multi-million-pound contract with Saipem to support the decommissioning of a platform in the UK sector of the North Sea. Under the terms of the contract, the companies will work as an integrated team to prepare and remove a 20,000-tonne topside using
U.S. oil and gas major Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of the compatriot company in an all-stock transaction valued at $53 billion. Under the terms of the agreement, Hess shareholders will receive 1.0250 share
The investigation into the damage to the Balticonnector gas pipeline between Finland and Estonia is now focused on the role of the Hong Kong-flagged NewNew Polar Bear container vessel, Finland’s National Bureau of Investigation (NBI) said. The Finnish police have established in the criminal investig
Tango floating liquefied natural gas (FLNG) and Excalibur floating storage unit (FSU) have set sail to Congo as Eni prepares to start up the first phase of its Congo LNG project in December 2023. Following refurbishment carried out by Exmar, the two vessels sailed away from Dry Docks World yard in D
Solstad Shipholding, a subsidiary of Solstad Offshore, has reached an agreement with Aker, via its wholly owned subsidiary Aker Capital, AMSC, DNB Bank and Export Finance Norway (Eksfin) for an overall refinancing solution which will create a robust industrial platform going forward. Solstad has, to
Energy company Eesti Gaas, also known as Elenger, has announced it will bring an additional LNG cargo from the United States (U.S.) to the Inkoo terminal, Finland, in the second half of November 2023 to cover the country’s gas consumption. Margus Kaasik, Chairman of the Management Board of Eesti Gaa
Qatar’s state-owned oil and gas company QatarEnergy and Italian energy major Eni have signed a long-term agreement for the supply of LNG from Qatar to Italy. Under the 27-year sale and purchase agreement (SPA), up to one million tons per annum (mtpa) of LNG will be delivered to the floating storage
