UK-based Altera Infrastructure (Altera) intends to sell its entire floating production storage and offloading (FPSO) business to global investment firm Carlyle.
Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian project, which was put on ice for three
Transocean has unveiled plans to optimize its fleet by bidding goodbye to four drillships and one semi-submersible rig that are currently stacked, which will reduce the size of its rig fleet.
Poland’s Orlen has signed a contract with Norwegian state-owned energy giant Equinor for the supply of crude oil from a field on the Norwegian Continental Shelf.
Norwegian state-owned energy giant Equinor has obtained a drilling permit for an exploration well in the Norwegian Sea, which will be drilled using a semi-submersible rig owned by Transocean, an offshore drilling contractor.
Wison New Energies has signed the engineering, procurement, construction, installation, and commissioning (EPCIC) contract with Türkiye Petrolleri A.O. (TPAO) for the floating production unit (FPU) to be deployed at a project in the Black Sea.
Coro Duyung, a subsidiary of Southeast Asia’s Coro Energy, has confirmed a change in the end date of its fossil fuels chapter related to the divestment of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to direct its attention to its renewa
French energy giant TotalEnergies and two partners have secured an exploration license offshore Congo.
Norwegian state-owned oil and gas giant Equinor has found no commercial hydrocarbons in an exploration well in the Barents Sea, which was drilled with COSL Drilling Europe’s semi-submersible rig off the coast of Norway.
U.S. subsea engineering and applied technology firm Oceaneering International has secured multiple subsea robotics contracts with Brazilian state-owned energy giant Petrobras that have an anticipated aggregate revenue of approximately $180 million. Following a competitive tender, Oceaneering’s Brazi
Norwegian state-owned energy giant Equinor has proven petroleum in a wildcat well offshore Norway using a rig from the fleet of Switzerland-based offshore drilling contractor Transocean.
In the aftermath of a recent black gold discovery in the Gulf of America, formerly the U.S. Gulf of Mexico, Wood Mackenzie, an energy intelligence group, has provided its take on the significance of the new oil find, describing it as the region’s biggest discovery since 2017.
As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the upcoming years.
The floating storage regasification unit (FSRU) serving Croatia’s liquefied natural gas (LNG) terminal at the island of Krk has left for Türkiye, where its capacity is set to get a boost thanks to the installation of an additional component.
