Offshore drilling contractor Seadrill has secured multiple contract awards totaling approximately $97.5 million for its West Vela and West Cappella drillships, announcing also it would resume management services for its West Auriga drillship earlier than expected…
Out of the 380 GW of pre-sanctioned offshore wind capacity that is forecast to reach FID between 2024 and 2030, nearly 40% of the pipeline is considered to be at risk, according to the new research by Westwood Global Energy Group.In its Project Certainty White Paper…
Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel secured charter extension in the U.S. Gulf of Mexico.The charterer of the Safe Concordia flotel exercised early the first four months of six available months of options…
Seatrium has delivered Brassavola, Singapore’s first membrane LNG bunker vessel built locally by the group, to owner Indah Singa Maritime, a wholly-owned subsidiary of Mitsui O.S.K Lines (MOL).Following delivery, Brassavola will be chartered…
Malaysian FPSO leasing firm Yinson Production has appointed TMC Compressors to supply a large marine compressed air system for FPSO Agogo, which will be operated by Azule Energy, a BP-Eni joint venture, on a development offshore Angola.Under the contract…
Brazil's state-run oil company Petrobras has reached total oil and natural gas production of 2.78 MMboed in 2023, which is an increase of 3.7% from the production recorded a year before.Commercial production of oil and natural gas was 2.44 MMboed and oil production 2…
The UK government has awarded funding to a consortium led by Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market.The consortium, which includes Morek Engineering, Solis Marine Engineering…
QatarEnergy and Excelerate Energy have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh.Pursuant to the SPA, Excelerate will purchase up to 1 million tons per annum…
Norway's Equinor has submitted a bid for ‘shovel-ready’ Empire Wind 1 offshore wind project to New York’s expedited fourth wind solicitation.If awarded, Empire Wind 1 is expected to provide first power in 2026, and will be able to deliver renewable power to more than half a million New York home…
Esgian's latest market roundup for the fourth week of 2024 brings several updates on new oil discoveries and plans for exploration drilling across the world, together with reports about new contracts and mobilization of rigs. ContractsDragon…
French green hydrogen production specialist Lhyfe has announced the operating results of its offshore hydrogen production pilot platform, Sealhyfe, confirming the initial objectives have been met with valuable insights gathered for the large-scale HOPE project…
UK-based workers' union Unite has confirmed that over 100 offshore drillers employed by Odfjell Technology on Equinor’s Mariner platform have secured a new working rotation bringing the dispute to an end.Unite members voted overwhelmingly in favor of an improved offer by Odfjell…
President Joe Biden paused pending approvals of exports from new liquefied natural gas (LNG) projects on Friday, a move cheered by climate activists that could delay decisions on new plants until after the November 5 election.The Department…
Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation (PV Gas) for the gas sales and purchase agreement (GSPA) relating to the Nam Du and U Minh gas fields offshore Vietnam…
The performance tests on Eni’s Coral Sul floating LNG (FLNG) unit offshore Mozambique, led by Technip Energies, have confirmed the requirements of LNG production of above 3.4 million tons per year.Following the completion of the performance tests…
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