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Oil & Gas

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Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Oil & Gas

Sale of oil & gas assets with $945 million price tag falls through

Energean has severed the divestment cord for its asset portfolio in Egypt, Italy, and Croatia, worth $945 million, as key regulatory pieces have not been put in place within the agreed timeline.

about 1 year ago
Rio Grande LNG terminal; Courtesy of NextDecade
Oil & Gas

Court changes its mind: Construction of American LNG project emerging out of legal woods

Houston-headquartered energy player NextDecade Corporation has cheered the revised court judgment regarding its liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas. The decision is perceived to remove the question mark hanging over the construction of this LNG project, whic

about 1 year ago
Noble Resolute; Source: Petrogas
Oil & Gas

Noble rig instrumental to Petrogas’ gas extraction ‘milestone’ in Dutch waters

Petrogas has tucked a new natural gas extraction achievement under its belt off the coast of the Netherlands, thanks to drilling operations undertaken with one of Noble Corporation’s harsh environment jack-up rigs.

about 1 year ago
Rawabi Vallianz offshore jack-up barge (JUB) 610; Source: Ocean Oilfield
Oil & Gas

UAE player wraps up refurbishment and activation job for jack-up barge

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has finished its upgrade activation assignment for a jack-up barge, awarded by Rawabi Vallianz.

about 1 year ago
CP2 LNG; Source: Venture Global
Oil & Gas

US gives the go-ahead for Venture Global’s proposed $28 billion LNG export project in Louisiana

U.S. Secretary of Energy has now given its blessing for a proposed multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, operated by Venture Global, an American producer of LNG sourced from North American basins.

about 1 year ago
Illustration; Source: Petrobras
Oil & Gas

Baker Hughes’ tech to enhance oil & gas production across Petrobras’ deepwater fields

Baker Hughes has won a new assignment with Brazil’s state-owned energy giant Petrobras, which will enable the firm to supply fully integrated completions for the South American player’s offshore fields with solutions supporting remote operations in deepwater fields and allowing real-time response to

about 1 year ago
FLNG Gimi works on BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Oil & Gas

Bermuda firm and Chinese players sign on dotted line for FLNG’s $1.2 billion debt refinancing

Golar LNG has inked finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for a floating LNG (FLNG) unit, which is working for the UK-headquartered BP.

about 1 year ago
PLSV Skandi Buzios; Source: DOF
Oil & Gas

Petrobras keeping 2016-built pipelay support vessel busy offshore Brazil

Brazil’s state-owned energy giant Petrobras has prolonged the assignment of a pipelay support vessel (PLSV), owned and operated by a joint venture between Norway’s DOF Group and TechnipFMC.

about 1 year ago
FPSO Petrojarl I; Courtesy of Amplus Energy
Oil & Gas

UK contractor chosen to oversee 1986-built FPSO’s transition as new owner takes over

Amplus Energy has picked V.Ships Offshore to handle the change in ownership for a 39-year-old FPSO.

about 1 year ago
Illustration; Source: DOF Group
Oil & Gas

‘Large-scale’ multi-million subsea job taking DOF vessel sextet to Africa

DOF Group has tucked a new subsea umbilicals, risers, and flowlines (SURF) assignment under its belt, which will enable it to work on an energy project off the coast of Africa.

about 1 year ago
FPSO Jaguar hull; Source: SBM Offshore
Oil & Gas

ExxonMobil books New Wave Offshore for work on its $12.7B oil project in Guyana

ExxonMobil has hired New Wave Offshore Energy to handle marine warranty survey (MWS) services for its sixth deepwater oil development project at the Stabroek block off the coast of Guyana.

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put

With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty surrounding

about 1 year ago
An offshore platform at sunset
Oil & Gas

Rex confirms resource estimate for oilfield redevelopment offshore Benin

Singapore’s Rex International Holding Limited has disclosed the updated results of an independent qualified person’s report (QPR) for its oilfield off the coast of Benin.

about 1 year ago
Illustration; Source: KOIL Energy
Oil & Gas

US subsea firm’s ‘cornerstone product’ going to Gulf of America’s oil & gas operator

KOIL Energy Solutions, formerly Deep Down, has received an order for its subsea distribution equipment, which will be deployed at an oil and gas project in the Gulf of America, formerly known as the U.S. Gulf of Mexico.

about 1 year ago
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