Oilfield services provider Petrofac has secured a multi-million-pound contract with Saipem to support the decommissioning of a platform in the UK sector of the North Sea. Under the terms of the contract, the companies will work as an integrated team to prepare and remove a 20,000-tonne topside using
U.S. oil and gas major Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of the compatriot company in an all-stock transaction valued at $53 billion. Under the terms of the agreement, Hess shareholders will receive 1.0250 share
The investigation into the damage to the Balticonnector gas pipeline between Finland and Estonia is now focused on the role of the Hong Kong-flagged NewNew Polar Bear container vessel, Finland’s National Bureau of Investigation (NBI) said. The Finnish police have established in the criminal investig
Stolt Tankers has outlined how the business’s carbon-insetting program is helping to reduce Scope 1 emissions and supporting its partners to lower emissions within their own supply chains.
Six consortia have been shortlisted by the Energy Market Authority (EMA) and Maritime and Port Authority of Singapore (MPA) for Singapore’s ammonia power generation and bunkering project on Jurong Island. The selected proposals will advance to the next stage of development through a closed Request f
Portuguese oil and gas company Galp is getting ready to begin drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. Galp’s partner, Canada-based Sintana Energy, said on October 19 that the semi-submersible rig Hercules is currently i
The Finnish Government has granted survey permits for Ilmatar Offshore’s two new project areas, Bothnia and Bothnia West, in the Finnish Exclusive Economic Zone. Ilmatar Offshore has identified two new areas suitable for offshore wind in the Finnish Exclusive Economic Zone. The project areas are cal
As the world turns its attention toward a new/old conflict arising in the Middle East, offshore energy players are seeking new ways to curb climate change and bring us closer to a mellifluous cleaner, greener future. The energy transition process is moving ahead with each passing day but there is no
Harland & Wolff has secured a £61 million contract with Canadian oil and natural gas company Cenovus Energy for the mid-life upgrade of a floating production storage and offloading (FPSO) vessel. The SeaRose FPSO vessel is expected to arrive at the Harland & Wolff Belfast Yard in early 2024 and will
Australian energy giant Woodside Energy has removed the decommissioned Nganhurra riser turret mooring (RTM) from Australian water, which is now in transit to the shore for recycling and reuse. The Nganhurra RTM has been lifted onto a barge approximately 38 kilometers north of the North West Cape in
Singapore’s Seatrium, previously known as Sembcorp Marine, has delivered a floating production unit (FPU) to Shell, destined for deployment in the Gulf of Mexico. The completed Whale FPU comprises a topside module and a four-column semisubmersible floating hull, of over 22,000 tonnes. Sembcorp Marin
Norway’s state-owned energy giant Equinor has brought on stream the Breidablikk field in the Norwegian sector of the North Sea four months ahead of schedule. The Breidablikk field, which commenced production on October 20, holds almost 200 million barrels of recoverable oil. Its plateau production i
Kraken Robotics has received a $3 million contract to carry out boulder detection subsea survey services as part of an offshore wind farm project in Europe. The survey campaign will be executed in the fourth quarter of 2023 with Kraken’s Acoustic Corer technology providing high-resolution 3D imaging
Norwegian oil and gas player Aker BP has awarded Odfjell Technology with a frame agreement for the provision of heating, ventilation, air conditioning, and refrigeration (HVAC+R) engineering and maintenance services. The agreement encompasses all of Aker BP’s existing assets, including Ula, Valhall,
