Following the announcement in early October that it will be working for an “oil and gas supermajor”, Argeo has now revealed the client and remaining details. Argeo announced on November 9 that it had signed a NOK 55 million (over $4.9 million) contract for the Bonga field subsea assets work program
Classification society American Bureau of Shipping (ABS) has given approval in principle (AIP) for a next-generation FPSO hull design concept. The AIP was granted for the Sterling Streamline next-generation concept design for large FPSO newbuild hulls from Shapoorji Pallonji Energy (SPE). The design
A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.
U.S. Plug Power, South Korean SK E&S and K-water as well as SK Plug Hyverse, a joint venture between SK E&S and Plug Power, have signed a memorandum of understanding (MoU) to “promote the growth of green hydrogen and rejuvenate the industry.” Specifically, the companies will collaborate on advancing
Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has called on the Commonwealth to “urgently fix” – what it deems as – the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval
The FAB interconnector that will link Great Britain and France has received updated planning permission for its converter station in the UK. The FAB Project will link the national electricity grids of Great Britain and France with the aim of increasing energy security, equalising electricity prices
Denmark-headquartered cable supplier NKT has reported a new record high-voltage order backlog of €11 billion for the third quarter of 2023, driven by the award of five firm projects under a larger framework agreement with German transmission system operator 50Hertz. In Q3 2023, NKT’s revenues increa
Vår Energi has secured a drilling permit to spud two wildcat wells in the North Sea, using one of Odfjell Drilling-managed rigs.
Norwegian chemical tanker company Stolt Tankers, together with Japanese companies NYK and Eneos Ocean, has launched a new pool within its Stolt NYK Asia Pacific Services (SNAPS).
Halliburton has pooled resources with Sekal to jointly provide well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.
Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.
U.S. energy infrastructure company New Fortress Energy (NFE) has executed definitive agreements with the Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and funds managed by Lumina Capital Management and BTG Asset Management to fund up to $575 million in asset
Energy services provider Expro has completed a well cementing project in the U.S. Gulf of Mexico for what it describes as a “large international operator”. Expro delivered an inner-string cementing on a subsea well’s 22″ surface casing in a water depth of approximately 2,000 meters in the Mississipp
McDermott has tucked under its belt a new transportation and installation contract with ONGC for a gas project offshore India.
