Oilfield services provider Petrofac has signed a binding letter of intent, for a contract worth around US$580 million with an undisclosed client. Petrofac on Monday said the letter of intent was with a GCC National Oil Company for the engineering, procurement and construction (EPC) of a major projec
Italy’s state-controlled energy giant Eni has on Friday unveiled its strategic plans for the 2018-2021 period, aiming to invest approximately €3.5 billion ($4.3 billion) in exploration.
2018 is off to a great start when it comes to removing of outdated tanker tonnage from the oversupplied fleet.
Australian LNG player Woodside has worked over its executive incentive structure limiting the cash awards as well as the CEO’s annual incentive reward.
Inpex has been awarded an exploration permit for Release Area WA-533-P in Australia’s 2017 Offshore Petroleum Exploration Acreage Release.
Japan’s exploration and production giant Inpex has been awarded an exploration permit for the WA-533-P block off the northern coast of Western Australia.
Fara Holdco Limited, owner of the Bibby Offshore group of companies, has decided to merge with Rever Offshore AS.
“These agreements ensure Total secures long-term access to significant and competitive hydrocarbon resources”
Offshore Energy Today’s most popular news of the past week
The number of U.S. offshore rigs remained unchanged at 13 this past week, according to a Friday weekly rig report by Baker Hughes, a GE company
Top News of the Week, 12 – 18 March 2018
McDermott, BHGE grab West African LNG job Engineering company McDermott International and Baker Hughes, a GE company, have been contracted by BP for its Tortue/Ahmeyim field development on the maritime border of Mauritania and Senegal that will include an FLNG facility. Cheniere to build third berth
Mammoet today (16 March) released details about the installation of four offshore wind turbines at Nissum Bredning, saying the turbines had been erected efficiently and cost-effectively by excluding dredging, which would have been imperative at this shallow-water site if a conventional approach had
Hong Kong utility CLP Power said the environmental impact statement for its liquefied natural gas (LNG) terminal will soon be presented to the government.
