ADES Group has landed a long-term contract renewal in the Kingdom of Saudi Arabia (KSA), which allows another one of its previously suspended jack-ups to return to work with Aramco, a Saudi energy giant.
Subsea7 has secured a contract with U.S. energy giant ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project in Norwegian waters. The Previously Produced Fields (PPF) are located in the Greater Ekofisk Area, approximately 290 k
UK-headquartered Zero USV has introduced an extra-long-range (XLR) version of its Oceanus12 unmanned surface vessel (USV), extending its operational capability to 7500 nautical miles and up to 60 days without requiring external support. The original Oceanus12, launched earlier this year, was designe
Australia-based Shelf Subsea has completed reactivation works for its 2010-built saturation diving vessel, with all new ABS certificates reissued and the vessel now ready for its first job. Shelf Subsea reported some five days ago that the 82-meter-long DP2 vessel Southern Nova had finished its majo
Energy and commodities company Vitol has signed a liquefied natural gas (LNG) term sale and purchase agreement (SPA) with Oman LNG, a joint venture company between the Government of the Sultanate of Oman and seven global energy players.
The National Wealth Fund (NWF), the UK’s sovereign wealth fund, has backed ScottishPower with £600 million to support the delivery of seven priority transmission grid upgrade projects anticipated to help facilitate more renewable energy onto the system, reduce congestion costs, lower the cost of ele
China LNG Shipping has delivered a liquefied natural gas (LNG) carrier to Qatar’s state-owned energy giant QatarEnergy.
Coro Duyung, a subsidiary of Southeast Asia’s Coro Energy, has received the green light from its shareholders to sell its stake in a production sharing contract (PSC) in the West Natuna Sea off the coast of Indonesia to the Singapore-headquartered natural gas player Conrad Asia Energy.
A Malaysia-headquartered provider of marine services to the offshore oil & gas industry has made a move that brings it a step closer to the construction of a multi-purpose cable laying vessel (CLV). Megamas Resources has signed a letter of intent (LoI) with German shipyard Lloyd Werft Bremerhaven to
ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million.
The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,
A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has laid the two submarine cables for what is said to be a project that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people. The partners reported today, May 16, that the seco
Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra
Italian utility company Edison has welcomed its first liquefied natural gas (LNG) shipment hailing from the export facility in Cameron Parish, Louisiana, operated by U.S.-based LNG export project developer Venture Global.
