OMV has started drilling an exploration well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.
Woodside has entered into a sale and purchase agreement with LNG Japan for the sale of a 10 per cent stake in the Scarborough Joint Venture.
Sungrow, a global inverter and energy storage system solution supplier, has signed a contract with Indian Larsen & Toubro (L&T) to supply inverter skid solutions for a 2.2 GWac PV plant for the NEOM green hydrogen project in Saudi Arabia. NEOM Green Hydrogen Company (NGHC), a joint venture created b
Santos inked a memorandum of understanding with TIMOR GAP to explore partnership opportunities for the proposed CCS project in the Timor Sea.
Zenith Energy has washed its hands of negotiations regarding a production sharing contract for a block containing an oilfield offshore Benin.
DOF Group has secured what it describes as a “significant” SURF contract to deliver services for a tier 1 contractor and operator in West Africa. DOF reported that it had secured a SURF contract in the region of $80-100 million for the construction support vessel (CSV) Skandi Acergy, with 326 days o
GEOS is expanding its fleet of offshore supply vessels with four PSVs and one SSV for a total consideration of $94 million.
Norwegian regulator has given Equinor its consent to use a COSL Drilling-owned rig for production drilling at a field in the North Sea.
Aker Solutions, Subsea 7 and SLB have obtained all required regulatory approvals from competition authorities for the establishment of a subsea joint venture (JV). “We are now a big step closer to day 1 for the coming world-class subsea company Aker Solutions are establishing together with SLB and S
Yinson Production has secured a $230 million term loan facility in relation to an FPSO vessel, which will be deployed off the coast of Brazil.
Saipem has won two new E&C offshore contracts in Romania and in Germany with a total value of around €1.8 billion, which is close to $2 billion ($1.97 billion).
Our news this week reflect the increasing activities in vessel decarbonisation and emission cutting in the oil and gas sector as offshore renewable energy continues to broaden both its geographical and technological reach and green hydrogen attracts new firm commitments. With new, more ambitious cor
Romania’s National Agency for Mineral Resources has endorsed the development plan for a massive deepwater natural gas project in the Black Sea.
TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.
