Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.
Aker Solutions has signed a frame agreement extension with Aker BP under which it will provide subsea production systems to the company’s projects on the Norwegian continental shelf (NCS) until 2029. The agreement may also cover assistance to Aker BP for feasibility studies and concept developments,
Trillion Energy has brought online the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.
The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,
In what was described as a significant milestone, Omani hydrogen company Hydrom, a subsidiary of Energy Development Oman (EDO), has signed agreements to award three hydrogen projects to be developed in the Sultanate. The agreements were signed today, 1 June, as a result of the first round of Hydrom’
A keel laying ceremony for a Pacific Island supply vessel, which will provide a trading, research and training platform for the Republic of the Marshall Islands, has taken place at Asia Shipbuilding Co, Geoje Island, South Korea.
Italian cabling giant Prysmian Group is set to invest around €120 million in its plant in Pikkala, Finland, in order to further increase the production capacity of 525 kV HVDC submarine cable systems. New vertical continuous vulcanization (VCV) lines at the Finnish plant are expected to more than do
The Selkie project, a €5.2 million EU-backed cross-border project focused on boosting the marine energy industry in Wales and Ireland, has been concluded following four years of operation. Selkie is a consortium of University College Cork (UCC) and Swansea University (SU) and GDG, DP Energy Ireland,
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has joined the e-Smart Port Platform Prototype Project, a Hong Kong government initiative to develop Hong Kong’s logistics functions and port community integrative platform.
Norwegian offshore vessel owner Eidesvik Offshore has entered into agreements with two separate parties for the sale of its three seismic vessels. In a statement issued on 1 June, Eidesvik reported that it was selling the seismic vessels Veritas Viking, Vantage and Viking Vision to two separate buye
Four oil and gas players have signed a production sharing contract (PSC) for an exploration block located offshore Brazil.
Eni has handed out another short-term contract extension to BW Offshore for an FPSO, working on a field located offshore Nigeria.
Canada-based oil and gas company Valeura Energy has extended two contracts related to an oil field offshore Thailand.
