Saipem has completed the conversion of the Scarabeo 5 semi-submersible drilling rig into a floating production unit (FPU), which will be deployed at Eni’s Congo liquefied natural gas (LNG) project.The conversion of the Scarabeo 5 into an FPU…
The UK’s Department for Transport has today published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, Ro-Ro and container shipping surge…
Offshore crew transfer company Windcat has taken delivery of the Windcat Rotterdam, the first Commissioning Service Operation Vessel (CSOV) in its new Elevation Series, developed with Damen Shipyards and CMB.TECH.Built at Ha Long Shipyard in Vietnam…
Straatman has acquired Kraaijeveld Winches, a Dutch company specializing in the design and production of winches and related equipment for dredging, offshore, and maritime applications.The acquisition marks a strategic step in Straatman’s long…
Industrial services provider Bilfinger has secured a contract to provide inspection services using Non-Destructive Testing (NDT) across all of BP’s North Sea assets.This contract follows the recent three-year extension of Bilfinger’s existing insulation…
A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday.Japan, heavily reliant on energy imports…
Italian energy giant Eni has held the sail away ceremony for the Nguya floating liquefied natural gas (FLNG) unit in Shanghai, which is set to depart for Congo LNG project in the Marine XII concession, offshore the Republic of Congo.The Nguya unit…
Norwegian subsea services firm Reach Subsea has sent off its Uncrewed Surface Vessel (USV) Reach Remote 2 to Australia to deliver services for Woodside Energy.The Reach Remote 2 USV will perform reservoir monitoring on the Scarborough gas field…
Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit…
Odfjell Oceanwind (OOW) has completed the acquisition of Ørsted`s 80% share in the 100 MW Salamander floating wind farm, located on the east coast of Scotland.OOW will work together with the remaining shareholders of the Salamander offshore wind farm…
EnQuest, together with its joint venture partners and the Government of Indonesia, has signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.Under the PSC terms, EnQuest has…
Shearwater Geoservices has secured a deepwater Ocean Bottom Node (OBN) seismic survey work offshore Angola by ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited.The two-month project is scheduled to begin during the third quarter of 2025…
A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil.The vessel SeaLoader 1…
Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…
Norwegian oil and gas company Vår Energi has achieved a significant milestone by reaching a production level of 400 thousand barrels of oil equivalent per day (kboepd), ahead of schedule.The company said it is also on track to produce around 430 kboepd in the fourth quarter this year…