Aker BP has kicked off production from an offshore oil field project in the North Sea, which has been tied back to a floating production, storage, and offloading (FPSO) vessel operating off the coast of Norway.
Rana Diving and Bourbon have assisted in wrapping up subsea work off the coasts of Mauritania and Senegal at a project that is said to be the biggest one in the portfolio of BP.
Yinson, which currently invests in five business units, has set the wheels in motion to part with the last affiliate on this list, which offers integrated offshore support vessel services.
Japan’s MODEC and the UK-based Altera Infrastructure have set their caps on addressing the pressing challenges of the energy transition era by accelerating the shift toward a more sustainable future while supporting the security of power supply.
Ocean Installer, part of the Moreld Group, has been hired to handle a subsea tie-back project to an existing floating production, storage, and offloading (FPSO) vessel operating in the North Sea, as part of a new frame agreement for offshore construction.
Norwegian shipowner Eidesvik has partnered with Finnish technology group Wärtsilä on the ‘world’s first ammonia-fuel retrofit project’ for an offshore platform supply vessel (PSV).
Equinor is looking forward to the arrival of a new floating production, storage, and offloading (FPSO) vessel at its oil project in the Barents Sea, where the FPSO unit will start its three-decade assignment off the coast of Norway.
Eni has received a green light for the integrated development of the two fields, which will bring to life a new production hub in the Kutei Basin off the coast of Indonesia. This will enable the firm to boost its gas arsenal.
Santos is on track to achieve the first gas next year from its project in Commonwealth waters, as an FPSO, which is currently still under construction, is slated to move in the first quarter of 2025 to its giant field off the coast of Australia.
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.
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.
Norwegian vessel owner DOF Group has secured a new long-term contract with Brazilian oil and gas giant, Petrobras, for its pipelay support vessel (PLSV), as well as an extension of the contract for the PLSV Skandi Açu.
South Korean shipbuilder Hanwha Ocean has started the construction of another LNG carrier for Norway-based gas shipping company BW LNG.
Singapore’s Seatrium has delivered the fourth out of five jack-up rigs to UK-headquartered offshore drilling contractor Borr Drilling, a year ahead of the planned delivery date. Completed and delivered on an accelerated schedule, the rig named Vali is of KFELS Super B Class, capable of operating in
