While one segment of an oil project in the North Sea is slated to go into production mode this year, Vår Energi and its partner, Kistos Energy, have put their stamp of approval on a final investment decision (FID) to bring online another addition to the same asset next year off the coast of Norway.
Nine companies have won exploration rights for several offshore blocks on offer at the 5th Permanent Concession Offer Cycle held by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP).
A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon production taps for safety reasons.
French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the tank of a liquefied natural gas carrier (LNGC) newbuild.
With the goal of stepping up its drone technology game for crude oil storage tank inspections on floating production, storage, and offloading (FPSO) vessels and large offshore platforms, Japan’s MODEC has revived its relationship with Terra Drone Corporation, a compatriot drone and urban air mobilit
Perth-based oil and gas exploration player Finder Energy has signed a development alliance agreement and accelerated front-end engineering and design (FEED) project (AFP) agreement with U.S.-headquartered technology player SLB, aimed at fast-tracking the development of two oilfields offshore Timor L
Malaysia’s state-owned energy giant Petronas has inked two deals: a liquefied natural gas (LNG) sale and purchase agreement (SPA) with the U.S.-based Commonwealth LNG and a joint venture framework agreement (JVFA) with Italy’s energy major Eni.
MODEC and Toyo Engineering India have set up a global capability center (GCC) in India’s Bengaluru, as a joint venture company, named TOYO MODEC OFS India (OFS India), which is envisioned to serve as a strategic hub that will create high-value job opportunities for engineering, procurement, and floa
Malaysia’s Yinson Production has ticked all the items off the list to bolster its financial position and drive growth by finishing the work related to a $1 billion investment secured with a consortium of international investment firms.
Seascape Energy Asia, a wholly owned subsidiary of Southeast Asia-focused E&P company Seascape Energy, has been awarded the operatorship of a small field asset production sharing contract (SFA PSC) offshore peninsular Malaysia by the state-owned energy giant Petronas.
Odfjell Drilling, a 52-year-old offshore drilling player, has confirmed the wrap-up of a special period survey (SPS) for another semi-submersible rig that was on the agenda this year.
TendrillWood, a joint venture (JV) between UK engineering and consulting company Wood and Tendrill International, has won a five-year contract with Brunei Shell Petroleum (BSP), a subsidiary of UK-headquartered energy major Shell, for brownfield engineering, procurement, and construction (EPC) servi
EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.
TotalEnergies has decided to enlarge its American oil and gas portfolio by acquiring interests in 40 exploration blocks that Chevron currently operates.
