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Worley Nets 3-year Offshore Support Deal with Saudi Aramco

Dec 06, 2021

Saudi Arabian national oil company Saudi Aramco has awarded a contract extension to Australian engineering firm Worley’s services for support on Saudi Aramco’s offshore facilitiesUnder the contracts, Worley will continue to provide project management…

Malaysia: T7 Wins $71M Worth of Contracts with Petronas, Hess, and Repsol

Dec 06, 2021

Malaysia-based energy industry services firm T7 Global has secured three letters of appointment and award worth a combined value of approximately RM300 million (~$70,9 million) under its energy division for operations and maintenance (“O&M”) segment and specialist products segment…

Nexans Confirms Oseberg Power Cable Deal

Dec 06, 2021

French offshore cable making and installation firm Nexans has confirmed it has won a contract to manufacture and install a power cable system that will deliver electricity directly from the Norwegian power grid to the Oseberg field center in the North Sea…

OX2 Applies to Build Galatea-Galene Offshore Wind Farm in Sweden

Dec 06, 2021

Swedish firm OX2 has applied for a permit under the Act on Sweden's Exclusive Economic Zone to build an offshore wind farm off the coasts of Falkenberg and Varberg in the Swedish economic zone.The wind farm is called Galatea-Galene and is divided into two sub-areas…

Kongsberg Digital Bags 5-year Extension with Heerema Marine Contractors

Dec 06, 2021

Dutch offshore installation and construction firm Heerema Marine Contractors (HMC) has renewed its Long-Term System Support Program (LTSSP) contract with Kongsberg Digital for another five years.The LTSSP is in support of a K-Sim Offshore Crane simulation system…

Jan De Nul to Install Wind Turbines at Vattenfall's Danish Offshore Wind Farms

Dec 06, 2021

Offshore installation firm Jan De Nul Group has secured a contract with Vattenfall to transport and install 41 wind turbines of 8.4 MW each at the Vesterhav Nord & Syd offshore wind projects in Denmark.The offshore wind projects will produce…

FAR's Gambia Well Finds Oil Traces. Side-track Required after 'Significant Fluid Losses'

Dec 06, 2021

FAR, an Australian oil and gas company that began drilling at the Bambo-1 exploratory well in Block A2 off the coast of The Gambia last month, said Monday the well had encountered oil traces but would have to be plugged and side-tracked after…

Carbon Transition Names Interim CEO

Dec 06, 2021

Oslo-listed company Carbon Transition has appointed Nils Haugestad as interim CEO as of December 6, 2021. Haugestad will also remain in his position as CFO of the company.Haugestad has been with the company since April 2020, having joined from…

S. Africans Protest against Shell's Offshore Oil Exploration

Dec 06, 2021

South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seismic oil exploration they say will threaten marine wildlife such as whales, dolphins, seals, and penguins on a pristine coastal stretch.A South…

Udenna: Philippines' Malampaya Gas Project can be Extended for Several Years

Dec 06, 2021

The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp, which now controls the project, said on Monday.'We…

UK North Sea's Oil and Gas Future Darkens after Shell's Cambo Exit

Dec 06, 2021

Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources told Reuters.But on Thursday Royal Dutch Shell…

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Dec 03, 2021

Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine…

Carbon Transition in Utsira Multi-Client Seismic Data Deal

Dec 03, 2021

Oslo-listed firm Carbon Transition said Friday it had entered into a new multi-client seismic data licensing contract with an undisclosed customer.'Under the contract, the customer will license certain data from Carbon Transition’s Utsira multi…

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

Dec 03, 2021

Oslo-listed ocean bottom node seismic specialist Magseis Fairfield said Friday it had won a 4D Ocean Bottom Node (OBN) survey contract in the Gulf of Mexico from a repeat customer. It did not say who the client was.The survey will be conducted with Magseis Fairfield’s ZXPLR technology…

3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT

Dec 03, 2021

3i Infrastructure has agreed to acquire AMP Capital's stake in the Danish offshore vessel owner ESVAGT.The deal will result in 3i Infrastructure owning a 100% of the equity in ESVAGT. 'This further investment is expected to be £268 million.…

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