Offshore drilling contractor Vantage Drilling has completed the sale of two premium jack-up rigs to ADES Holding Company, contracted for work in Southeast Asia.The sale includes the Topaz Driller jack-up rig, operating in the Malaysia-Thailand joint development area…
Woodside has completed the sale of a 15.1% non-operating participating interest in the Scarborough joint venture to JERA, Japan’s largest power generation company, for approximately $1.4 billion.The Scarborough joint venture includes the Scarborough…
Oil and gas company BW Energy has signed production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin offshore Gabon, in partnership with Panoro Energy and VAALCO Energy.The blocks, formerly named G12-13 and H12-13…
Petrobras has achieved first oil with the Floating Production Storage and Offloading (FPSO) unit Marechal Duque de Caxias, one of the largest ultra-deepwater FPSOs in the world, installed at the Mero field in Santos Basin, offshore Brazil.The FPSO has the capacity to produce up to 180…
Acteon, through its moorings and anchors business line, InterMoor, and Applied Fiber have signed a Memorandum of Understanding (MoU) to collaborate on mooring solutions for various global offshore markets, from oil and gas to gigawatt-scale floating offshore wind…
The floating production, storage, and offloading (FPSO) unit Almirante Tamandaré, built by SBM Offshore, has arrived to Brazil ahead of installation at Petrobras’ Búzios field in the Santos Basin.The Almirante Tamandaré FPSO has been built with the capacity to produce 225…
Drilling industry services provider PSW Technology, owned by Norwegian company Scana, has signed signed a renewal of a frame agreement with an international rig company for subsea support services.The framework agreement will begin in the first quarter of 2025 and extend for a period of two years…
The U.K.-based energy industry services firm EnerMech has completed a pre-commissioning project for a major U.S. energy infrastructure company in the Gulf of Mexico, providing a turn-key service for the delivery of specialized work for oil and gas export pipeline…
Aberdeen-based well management company Zenith Energy has been awarded six-figure well management contract with Central European Petroleum (CEP) as part of Poland’s Wolin project.Zenith has been contracted to provide full well management including all well engineering…
Ocean services provider DeepOcean has secured an inspection, maintenance and repair (IMR) contract from Vår Energi for Goliat and Balder fields offshore Norway.The scope of work, scheduled for 2025, also includes additional light construction work to be completed within the same year…
Norwegian oil firm Aker BP, partly owned by BP, on Wednesday reported a bigger-than-expected decline in third-quarter operating profit, but said its full-year output would be in the upper-half of its forecast.The group's profit before interest and tax fell to $1…
Seaway7, part of the Subsea7 Group, has secured a substantial contract from Ørsted for the transport and installation of the inter-array cables of the Hornsea 3 offshore wind project in the U.K. sector of the North Sea.Seaway7's scope of work…
Ørsted has signed a partnership agreement with Brookfield, its institutional partners, and its listed affiliate Brookfield Renewable, for the sale of 12.45% stakes in four of its operational U.K. offshore wind farms, with a combined capacity of approximately 3…
A Biden administration auction of offshore wind development rights in the Gulf of Maine drew $21.9 million in high bids for half of the eight areas offered, the U.S. Bureau of Ocean Energy Management said on Tuesday.Offshore wind developers Avangrid AGR…
SLB OneSubsea joint venture has secured a contract by BP to deliver a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico.The award marks the latest milestone in the long-standing…