Malaysia-based offshore services firm Sapura Energy, through its Offshore Support Vessel & Geosciences business, has secured multiple vessel contracts in Malaysia and Thailand, worth around $22.6 million.The newly secured contract will keep…
One of the world’s largest base ports for offshore wind activities Port of Esbjerg and Norwegian port operator WindPort have entered into a strategic partnership to accelerate offshore wind development in Norway.The partnership focuses on joint…
Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contractor based in Norway, in a deal worth $985.5 million.The strategic acquisition aligns with DEME's ambition…
Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…
BP Trinidad and Tobago has started production from its Cypre gas project, off the southeast coast of Trinidad within the East Mayaro Block.Cypre is one of BP’s 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of its reset strategy to grow the upstream…
Danish turbine maker Vestas has secured a firm order for 68 of its 15 MW-rated offshore wind turbines for Vattenfall’s Nordlicht 1 offshore wind project.The agreement is for the supply, installation, and commissioning of the turbines V236-15…
The Johan Castberg oil field in the Barents Sea came has come on stream, strengthening Norway’s role as a long-term energy exporter.The Arctic field came online on March 31, at 10.35 local time.Expected to be in production for 30 years, Johan Castberg can produce 220…
The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…
U.K.-based oil firm Serica Energy has informed that Triton floating production storage and offloading (FPSO) unit is not expected to come back online before May 2025, as the company works on finding a long-term solution to stabilize production with the operator Dana Petroleum…
Petrobras has informed that a Drill Stem Test (DST) in the Sirius-2 well, located in deep waters of the Gujaira Basin offshore Colombia, proved ‘good productivity’.The DST assessed to approximately 100 meters reservoir interval, which demonstrated good productivity…
Houston, Texas – [March 10, 2025] – Marine Well Containment Company (MWCC), a leader in deep water well control, has awarded a multimillion contract to W-Industries for the engineering, fabrication, and delivery of its new drill-ship deployed containment system…
Ørsted and Nuveen Infrastructure’s 253 MW Gode Wind 3 offshore wind farm in Germany has started commercial operations.Final testing for the Gode Wind 3 offshore wind farm, which is jointly owned by Ørsted and Nuveen Infrastructure, was completed on February 28…
Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter said, potentially creating one of the largest listed energy companies globally…
Mitsui O.S.K. Lines (MOL) has announced that green hydrogen produced from offshore wind using the demonstration yacht Winz Maru was supplied onshore in the central breakwater area of Tokyo, as part of the Wind Hunter Project.This marks the first…
Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub.The government is asking industry players and others…
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