Petronas has tucked a 20-year extension under its belt for a production sharing contract (PSC) related to an oil and gas field in the Java Sea.
TechnipFMC has secured a “major” integrated engineering, procurement, construction, and installation (iEPCI) contract with Brazilian state-owned oil and gas giant Petrobras for a project offshore Brazil. TechnipFMC reported it had won the contract to deliver the Mero 3 HISEP project which uses subse
Türkiye is taking steps to scale up its natural gas storage capacity and slash greenhouse gas emissions with renewables.
Swedish-Israeli wave energy developer Eco Wave Power has commenced sending clean electricity from its EWP-EDF One project to the Israeli National Electrical grid. Eco Wave Power has recently finalized the construction of the EWP-EDF One project in the Port of Jaffa which has a 100 KW installed capac
Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported. According to Bloomberg, Russia’s Deputy Prime Minister Alexander Novak said in an interview with the state-run Rossiya 24 TV channel that t
DOF Group has signed a contract extension with Prime Energy Resources Development for a multipurpose platform supply vessel (MPSV) that is working offshore Philippines. Prime Energy has extended the contract for the provision of the MPSV Skandi Hawk to the end of 2027. DOF has been providing MPSV an
Norwegian company Ocean Sun and its partners have launched an offshore floating solar demonstrator in La Palma, Spain. The BOOST (Bringing Offshore Ocean Sun to the global market) floating solar demonstrator uses Ocean Sun’s patented floating solar photovoltaics (FPV) technology and marks the final
Valaris has tucked a long-term contract in Brazil under its belt for one of its drillships, which will carry out operations for Petrobras.
Norway’s Ocean Installer has secured what it says is its second-largest contract in company history thanks to a deal with TotalEnergies in Angola. Ocean Installer, in consortium with Oceaneering, has secured a “significant” contract from TotalEnergies EP Angola and its partners of Block 17 to execut
The Viking Link electricity interconnector between the UK and Denmark has commenced operations, now transporting power between the two countries. Deemed the world’s longest land and subsea interconnector, the £1.7 billion Viking Link started commercial operations on December 29, 2023. The link has
Galp is currently drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.
While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.
Shell has picked Seatrium for the construction and integration of its new FPU destined for its project in the U.S. Gulf of Mexico.
Westwood Global Energy, an energy market research and consultancy firm, has outlined its top three predictions for 2024.
