Oslo-listed Vaar Energi, majority-owned by Italy’s Eni, kept its quarterly dividend unchanged on Tuesday after lifting its output target and posting a higher-than-expected operating profit, even as weaker oil and gas prices weighed on earnings…
Abu Dhabi National Oil Company (ADNOC) and RWE Supply & Trading have agreed to explore potential liquefied natural gas (LNG) supplies of up to 1 million tonnes per annum to Germany and other European markets under a new strategic collaboration framework…
Eni has shipped the first liquefied natural gas (LNG) cargo from Phase 2 of the Congo LNG project, marking the start of LNG exports from the Nguya floating liquefied natural gas (FLNG) unit offshore Congo.With the start-up of Phase 2, the Congo…
Perenco has installed the Kombi-II mobile offshore production unit (MOPU) at its operated Kombi-Likalala-Libondo II (KLL II) field as part of the redevelopment of the mature Congolese offshore asset.The project, representing an investment of more than $200 million…
Nexra, Cadeler’s dedicated service concept, has signed a firm contract for the execution of an offshore wind operations and maintenance (O&M) campaign in Taiwan.The contract, with an undisclosed client, has an expected value exceeding $23.6…
New Zealand has shortlisted contractors to build a liquefied natural gas (LNG) import facility to boost energy security, provide a reliable backup power source and support economic growth, Energy Minister Simon Watts said on Monday.The government…
EXMAR has been selected by Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, to provide marine operations and maintenance services for the floating liquefied natural gas (FLNG) unit as part of Cedar LNG project…
EnQuest has been grated a four-year extension to the Block 12W production sharing contract by PetroVietnam.The extension, granted on the contract’s existing terms, runs until July 2034 and allows EnQuest and its partners to continue development activities across Block 12W…
CAPE Holland, a global leader in offshore industry foundation installation equipment and a company within the Venterra Group, announced that it has secured a contract with CDWE for the Fengmiao Offshore Wind Farm project in Taiwan. Under this agreement…
BAE Systems Launchpad is a new incubator program designed to take dual-use technologies beyond the defense sector and help innovations reach their full commercial potential.Launchpad directly addresses the challenge of moving defense technologies…
DOF Group ASA (DOF) has announced a substantial* contract award with Shell Offshore Inc. for the provision of Hydraulic Subsea Well Intervention Services.Under the contract, DOF’s regional subsea team in North America will be responsible for the provision of project management…
Progress on the BorWin6 Project continues with the successful completion of a fabrication yard milestone in Jebel Ali, United Arab Emirates. Mammoet has completed the transport, loadout and mooring of the 5,461-ton offshore jacket foundation…
Seatrium, GE Vernova and transmission system operator TenneT have marked the strike steel for the Nederwiek 2 offshore platform, the third platform under TenneT’s 2 GW offshore wind grid program.The start of construction was marked by parallel…
Saipem’s first resident underwater drone Hydrone-R has completed an autonomous survey mission over the Arctic coral area of the Njord field offshore Norway, operating without cables or surface vessel support.Hydrone-R Underwater Intervention Drone carried out the mission independently…
Norwegian vessel owner Solstad Offshore has signed a letter of intent (LoI) with client for its Normand Tonjer construction support vessel (CSV).According to Solstad Offshore, area of operation for the vessel will be Asia-Pacific. The contract has a duration of 225 days…