BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.
Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,
Woodside has reported an incident, which resulted in a fatality at its operated gas processing facility offshore Western Australia.
Italian oilfield services provider Saipem has completed works for the subsea production network for Azule Energy’s Agogo field development project offshore Angola. Saipem reported on 2 June that its team had completed the subsea production network for the Early Phase 2 development of the Agogo field
Velesto has secured work with an estimated combined contract value of $10.9 million for one of its jack-up drilling rigs.
Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both
Petrofac has been awarded a long-term extension for the provision of operations and maintenance services on an FPSO working off Thailand.
Earthjustice sees CCS as a lifeline that the fossil fuels industry can grab to extend the oil and gas industry’s reign on the energy throne.
Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.
Aker Solutions has signed a frame agreement extension with Aker BP under which it will provide subsea production systems to the company’s projects on the Norwegian continental shelf (NCS) until 2029. The agreement may also cover assistance to Aker BP for feasibility studies and concept developments,
Trillion Energy has brought online the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
The offshore energy industry is facing an ever-increasing energy skills gap regarding workers spearheading the transition to green sources.
Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.
The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,
