Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected
In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned ene
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China.
French-based engineering company Technip Energies, as the engineering, procurement, and construction (EPC) services provider for a liquefied natural gas (LNG) project under development in Louisiana, has given the all-systems-go signal to the U.S.-headquartered energy technology giant Baker Hughes fo
With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.
Offshore fabrication contractor Lamprell has expanded its operations in the Kingdom of Saudi Arabia with four offshore engineering, procurement, construction and installation (EPCI) contracts secured earlier this year. Lamprell’s combined scope across the four projects includes the installation of n
Equinor, a Norwegian state-owned oil and gas giant, has uncovered a new oil and gas/condensate discovery that enriches its hydrocarbon arsenal off the coast of Norway.
Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has brought into its fold the interests Norwegian oil and gas player DNO held in two fields off the coast of Norway.
Italy’s engineering, drilling, and construction services giant Saipem has landed a third contract extension for its 13-year-old semi-submersible drilling rig with Aker BP, a Norwegian oil and gas player, for operations off the coast of Norway.
Subsea7 and Equinor have agreed on an extension of their existing frame agreement covering subsea inspection, maintenance and repair services (IMR) delivered by a 2013-built subsea vessel. Under the terms of the extension of an agreement first signed in 2018, Seven Viking will carry out IMR services
Bermuda-based shipowner and charterer SFL Corporation has decided to divest two ten-year-old Suezmax tankers and end charters for two more such vessels.
Building on their previous ties, Norwegian shipowner Ocean Yield and Japan’s shipping giant Nippon Yusen Kabushiki Kaisha (NYK Line) have teamed up to split ownership in four liquefied natural gas (LNG) carriers that are yet to be constructed. However, available charter options could double the newb
Norway’s oil and gas player Aker BP has prolonged an assignment Oslo Stock Exchange-listed oil services company Archer is carrying out in the Norwegian sector of the North Sea.
Japan’s power generation major JERA has won a long-term liquefied natural gas (LNG) supply agreement with Hokkaido Gas, said to be a key regional energy provider.
