
Vår Energi has revised its timeline for the first oil from a field life extension project in the North Sea offshore Norway.

This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

Altera Infrastructure has hired DOF Group to install a cylindrical FPSO vessel and a floating storage unit (FSO) offshore Côte d’Ivoire.

BW Offshore has tucked in new construction milestones for an FPSO, which is expected to be deployed on a gas field offshore Australia.

MODEC has confirmed the start of the construction phase for an FPSO, which is destined to work on ExxonMobil’s oil development off Guyana.

Maritime equipment manufacturer Straatman has secured a contract to supply a ship-to-shore link system for Petronas’ third floating LNG project, or ZFLNG, offshore Sabah in Malaysia. As part of its partnership with Samsung Heavy Industries, an EPCC contractor in the project, Straatman will supply it

As Ocean Installer pools resources with ALP Maritime Services, the collaboration puts three new vessels at its disposal.

Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in dir

Axess Group has landed a long-term inspection contract for a recently converted FPSO, which is destined to work on Woodside’s oil project.

Bermuda-based owner and operator of LNG carriers and FSRUs Höegh LNG has provided an update stating that the previously disclosed disputes and pending arbitrations with the charterer of PGN FSRU Lambung, which is serving Pertamina’s Perusahaan Gas Negara (PGN) off Indonesia, have been settled. In a

A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

Golar LNG is engaged in discussions with the Venezuelan ministry regarding a potential investment in FLNG technology in the South American country.

T7 Global has unveiled its new mobile offshore production unit (MOPU) at a grand naming ceremony held at the grounds of China State Shipbuilding Corporation Beihai Shipyard in Qing Dao, China.

Wood has tucked a contract extension under its belt to deliver maintenance and modification solutions to assets at a field off Brazil.