Shell Nigeria Exploration and Production Company has begun planned maintenance on its Bonga deepwater oil vessel, a move that will temporarily cut Nigeria’s oil export capacity by about 225,000 barrels per day but could extend the asset’s lifespan…
Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U…
Equinor has exercised a one-year priced option for Seadrill’s ultra-deepwater drillship West Saturn for operations offshore Brazil.The exercised option adds $114 million to contract backlog and extends the original contract, which started in 2022…
MODEC has signed a statement of strategic intent with Eld Energy and Delta Electronics to collaborate on the development of a solid oxide fuel cell power generation system for offshore and maritime applications, including floating production…
Conrad Asia Energy and its subsidiary West Natuna Exploration have signed a binding term sheet with Empyrean Energy to settle historical cash call arrears related to the Duyung Production Sharing Contract in Indonesian waters.The agreement outlines…
Seaway7, part of Subsea7, has secured a substantial contract by OWP Gennaker, part of Skyborn Renewables, for the Gennaker offshore wind farm in Germany.Seaway7's scope of work includes the transportation and installation of the 63 monopiles and transition pieces…
Subsea7 has secured a sizeable contract by Shell for the Kaikias Waterflood project, a deepwater development in the Mars-Ursa Basin, off the Louisiana coast in the United States.The scope of work includes the transportation and installation of a subsea umbilical…
Offshore drilling contractor Northern Offshore has secured a contract for its Energy Emerger jack-up rig for a drilling operation at Yumna field, offshore Oman.Rex International’s indirect subsidiary Masirah Oil announced that its parent company…
Malaysia's state energy firm Petronas said on Thursday it will ramp up exploration and production over the next three years to strengthen domestic energy security.Petronas said it aims to maintain domestic output at close to two million barrels of oil equivalent per day between 2026 and 2028…
Researchers from the Technical University of Denmark have highlighted that taking a comprehensive view of the chemical composition of potential fluids leaking from geological CO2 storage reservoirs raises new questions about the potential risks…
French Finance Minister Roland Lescure called a draft law proposing to allow offshore oil and gas exploration in its overseas territories 'anachronistic' during a debate in the country's Senate on Thursday.In a world first, France banned new oil and gas exploration and production licenses in 2017…
The consortium of Semco Maritime and PTSC Mechanical & Construction has started fabrication work on the Formosa 4 offshore substation, marking a key construction milestone for the 495 MW offshore wind project off the coast of Taiwan.The partners…
Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly five years after it was put on hold following a deadly attack by Islamist militants…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/7-13 in production license 782 S.The license is operated by Equinor with 60% working interest, with partner Aker BP holding the remaining 40%…
Offshore drilling contractor Noble Corporation has completed the sale of five jack-up drilling rigs to Borr Drilling for $360 million.Under the transaction, Noble generated approximately $210 million in cash and received $150 million in seller notes from the sale of the Noble Tom Prosser…
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