Activity News


Strategic Marine Delivers Fast Crew Boat for Brunei's Oil and Gas Sector

Oct 07, 2024

Singapore-based shipbuilder Strategic Marine has delivered the Amarco S1 fast crew boat to Amarco which will be put to long-term operation for Brunei’s oil and gas sector.The 42-meter Amarco S1 vessel is powered by triple Baudouin 12M26.3 engines coupled with ZF3050 gearboxes…

Eni Strengthens LNG Ties with Japan

Oct 07, 2024

Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation with the aim of collaborating in the gas and LNG field to increase diversification of supply sources.The memorandum…

TotalEnergies Joins RWE in 4GW Offshore Wind Scheme in Germany

Oct 07, 2024

TotalEnergies has made an agreement with RWE to acquire 50% equity stake in two large-scale offshore wind projects in Germany, whose combined capacity is 4 GW.RWE was awarded the sites in the latest offshore wind auction in Germany in August…

BP Scraps 2030 Production Target as It Scales Back Energy Transition Strategy

Oct 07, 2024

BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.When unveiled in 2020, BP's…

Enbridge to Build Pipelines for BP’s US Gulf of Mexico Deepwater Oil Project

Oct 04, 2024

Canadian pipeline company Enbridge has secured an agreement with BP to build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development.The crude oil pipeline, named the Canyon Oil Pipeline System (Canyon Oil)…

UK Commits $28.4B for CCS Projects Over Next 25 Years

Oct 04, 2024

The United Kingdom has pledged to provide up to $28.4 billion (£21.7 billion) in funding for carbon capture and storage (CCS) and hydrogen technology and projects over 25 years, being developed in northern England, in an effort to curb CO2 emissions…

Eni Gets Lease from Crown Estate for UK’s HyNet CCS Project

Oct 04, 2024

The Crown Estate has awarded an agreement for lease to Eni for the HyNet project, the first carbon capture and storage (CCS) project in the UK to repurpose existing pipeline infrastructure, reducing both cost and the environmental impact of construction…

Sea1 Offshore Secures Work for AHTS Fleet in Australia

Oct 04, 2024

Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel…

Petrobras Confirms Magnitude of Gas Discovery in Colombia

Oct 04, 2024

Brazil’s state-owned oil giant Petrobras has informed that the gas potential of the discoveries in the Gujaira Basin offshore Colombia is around 6 trillion cubic feet (Tcf).The gas discoveries in the Uchuva-1 and Uchuva-2 wells, renamed Sirius-1 and Sirius-2…

Velesto Teams Up with SLB to Enhance Drilling Rig Capabilities

Oct 04, 2024

Malaysia-based Velesto Energy, through its subsidiary Velesto Drilling, has signed a memorandum of understanding with SLB to enhance performance of its drilling rigs.The three-year collaboration will see SLB deploy its DrillOps Intelligent Well…

Turkish Ship to Begin Oil Search off Somalia

Oct 03, 2024

A Turkish seismic research vessel plans to arrive off the coast of Somalia at the end of October and begin searching for oil and natural gas, after the countries agreed on energy cooperation, Turkey's energy ministry said on Thursday.The March…

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Oct 03, 2024

McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…

First Turbine Blade for Sofia Offshore Wind Farm Sees the Light of Day

Oct 03, 2024

RWE has unveiled the first 108-meter turbine blade, made at the Siemens Gamesa factory in Hull, which will form part of 100 offshore wind turbines, each rated at 14 MW, set for operation at Sofia offshore wind farm.On target for completion towards the end of 2026…

Equinor Starts Exploration Drilling at Løvmeis Prospect in Norwegian Sea

Oct 03, 2024

Equinor and its partners Petrolia Noco and PGNiG have started drilling the exploration well at Løvmeis prospect in the Norwegian Sea, using Transocean Encourage semi-submersible drilling rig.The well, 6608/10-R-2 H, is part of the production license 1013…

Guyana Receives Bids from Major Energy Players for Oil Marketing Contract

Oct 03, 2024

Guyana on Tuesday received bids from major energy companies seeking a 12-month marketing contract to trade the government's share of crude produced in the country, the country's National Procurement and Tender Administration Boardsaid.A total of 27 offers were received…

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