A new report has found that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.Equinor procured goods and services with a total value of $13…
Subsea 7 has secured a sizeable contract by Shell for the Sparta deepwater development in the United Stats.The project involves the transportation and installation of a floating production system (FPS) at Garden Banks block 959, which is located…
Engineering specialist GHD has been selected to provide the electrical front-end engineering design (FEED) for the initial phase of the Caledonia Offshore Wind Farm, a new development by Ocean Winds, a joint venture between Engie and EDPR.The…
Vietnam's state oil firm PetroVietnam will invite oil companies to bid to develop three offshore oil blocks, the government said on Friday.They include Block 17 in Cuu Long Basin and Block 10/11 and Block 10&11-1 in Nam Con Son Basin, all on Vietnam's continental shelf…
VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…
Industrial data and engineering consultancy Imrandd has secured contract with Apache North Sea, expanding scope to include pipeline capability.The renewal extends Imrandd’s ongoing provision of integrity data analytics and onshore integrity…
STATS Group, a wholly owned subsidiary of Mitsui & Co, and EPOMS have secured a three-year pipeline isolation contract with a major Malaysian oil and gas operator, covering onshore and offshore pipelines located in Peninsular Malaysia, Sarawak and Sabah…
The global economy is bracing for renewed turbulence following U.S. President Donald Trump’s announcement on Wednesday of sweeping new tariffs, triggering fears of a global trade war and sparking immediate market and political reactions.According to the White House…
Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a memorandum of understanding (MoU) to work together to grow the subsea sector in both hemispheres.GUH, the trade and development body which represents the UK’s $11…
Global integrated logistics and materials management specialist ASCO has been awarded a three-year contract, with options, to provide base and logistics services for Repsol Norge in Tananger and Farsund in Norway.The agreement covers a comprehensive range of services…
Norway’s offshore wind association Norwegian Offshore Wind has signed a memorandum of understanding (MoU) with the Galician Association of Metal Industries and Related Technologies (ASIME) to explore joint opportunities in offshore wind.The…
Worley has secured a contract by German state-owned Deutsche Energy Terminal (DET) for Phase 2 of the Brunsbüttel Floating Storage Regasification Unit (FSRU) terminal in Brunsbüttel, Germany.Under the contract, Worley will provide construction…
Miros expanded its product line with the launch of the Oil Spill Detection (OSD) Monitoring application in Miros Cloud.Designed to run on top of Miros’ OSD system, the solution introduces a new level of real-time visibility, centralized collaboration…
Nigerian President Bola Ahmed Tinubu has appointed Bayo Ojulari, a former Shell executive, to head the state-owned oil firm NNPC Ltd as the country seeks to raise oil production and revitalise its refining capacity, the presidency said on Wednesday…
Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production.Formed in 2019, the alliance has supported Aker BP’s operated assets in meeting production targets…
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