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Saipem Completes Ops on LNG Scheme Offshore Greece

Apr 15, 2024

Italian offshore energy services firm Saipem has completed its work scope on the Gastrade’s liquefied natural gas (LNG) project offshore Greece, which is expected to strengthen the LNG supply in Southeastern Europe.Saipem’s work scope for Gastrade’s…

Petrofac Extends Contract with BP for North Sea Portfolio

Apr 15, 2024

Oilfield services provider Petrofac has secured a contract extension with BP to continue work on its North Sea portfolio.Maintenance and engineering services will be provided under the terms of the three-year, multi-million-dollar contract.“Petrofac has supported bp in the North Sea for 15 years…

Saipem Gets Go-Ahead for ExxonMobil’s Guyana Oil Development

Apr 15, 2024

Italian offshore energy services firm Saipem has received authorization to proceed with the execution of works for ExxonMobil’s Whiptail oilfield development project, in the Starbroek block offshore Guyana.The go-ahead from ExxonMobil Guyana…

Seatrium and Shell to Collaborate on Floating Production Systems

Apr 14, 2024

Seatrium has inked a non-binding Memorandum of Understanding (MoU) with Shell Global Solutions International to explore and strengthen collaboration opportunities in floating production systems.The MoU, which focuses on driving project standardisation and replication…

Esgian Week 15 Report: South America Remains Vital

Apr 14, 2024

Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market…

SBM Offshore Hooks ExxonMobil’s Jaguar FPSO Contract

Apr 12, 2024

SBM Offshore has secured a contract from ExxonMobil to construct and install the Jaguar FPSO for the Whiptail development project located in the Stabroek Block in Guyana.The ownership of the Jaguar FPSO will be transferred to ExxonMobil Guyana…

BW Offshore Sets Out Plans to Recycle FPSO Petróleo Nautipa

Apr 12, 2024

BW Offshore has signed an agreement to recycle FPSO Petróleo Nautipa in compliance with the Hong Kong International Convention at Baijnath Melaram ship recycling facility in India.BW Offshore intend to have BW Offshore personnel continuously at the site during the recycling period…

Japan and US Team Up to Cut Floating Wind Costs

Apr 12, 2024

Japan has agreed to partner with the United States to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida's visit to Washington to meet with President Joe Biden…

Brazil Judge Suspends Petrobras Chair Over Conflict of Interest

Apr 12, 2024

A Brazilian judge has suspended the chair of state oil firm Petrobras, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, a court decision seen by Reuters on Thursday showed.The ruling by Sao Paulo…

Bakker Sliedrecht Completes ESS Upgrade of Two Boskalis’ Diving Support Vessels

Apr 12, 2024

Bakker Sliedrecht has implemented energy storage systems (ESS) on board of the two Boskalis diving support vessels - BOKA Atlantis and BOKA Da Vinci.The installation of the ESS reduces the vessels’ fuel consumption and associated carbon dioxide…

Enauta Moves Forward with 3R Petroleum Merger

Apr 12, 2024

Enauta has signed a memorandum of understanding (MoU) with 3R Petroleum and Maha Energy regarding the potential transaction involving the integration of Enauta and 3R’s activities, which would create one of the largest oil and gas companies in Latin America…

He Dreht Offshore Wind Farm to Power Steel Production in Germany

Apr 12, 2024

Energy utility giant EnBW and steel company SHS - Stahl-Holding-Saar have signed a power purchase agreement (PPA) for the supply of green electricity from the He Dreht offshore wind farm that will be used to power steel production.The long-term…

Shell Inks Deal with Eco Wave Power for US Wave Energy Pilot

Apr 12, 2024

Swedish-Israeli company Eco Wave Power has entered an agreement with Shell for the development of first-ever United States’ wave energy pilot station at AltaSea’s Premises in the Port of LA.Though Eco Wave Power did not specify the name of the ‘major energy company’ it made an agreement with…

Subsea7 Secures Work with Talos Energy in Gulf of Mexico

Apr 12, 2024

Offshore services firm Subsea7 has secured a ‘sizeable’ contract with U.S. oil and gas company Talos Energy for its Sunspear development in the Gulf of Mexico.The project involves the subsea tie back of one production well at Sunspear to the Prince platform…

ADNOC Recently Eyed BP as Takeover Target

Apr 11, 2024

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Reuters.Abu Dhabi National Oil Company (ADNOC)…

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