Activity News


ASCO Wraps Up Decom Support Work Off Australia

Aug 05, 2024

Scotland-based logistics and materials management company ASCO has completed a six-figure contract with Onslow Marine Support Base (OMSB) in Western Australia, supporting the offshore decommissioning sector.As part of the contract, ASCO mobilized…

Topside and Jacket for ONE-Dyas’ OW-Powered Gas Platform Sail Away from HSM’s Shipyard

Aug 05, 2024

HSM Offshore Energy has completed the load out the N05-A topside and jacket for ONE-Dyas at its Schiedam yard in the Netherlands, which set sail to its final location to become part of the first electrified gas production platform in the North Sea that runs completely on offshore wind power…

Kent Hooks Multi-Year Start-Up and Commissioning Job for Shell

Aug 05, 2024

Energy services firm Kent has secured a three-year global framework agreement with Shell to provide commissioning and start-up services (CSU) across its various onshore and offshore projects.The contract encompasses a wide range of energy sectors…

Woodside to Buy Ammonia Project on US Gulf Coast for $2.35B

Aug 05, 2024

Australia’s Woodside Energy has signed an agreement with Dutch-based OCI Global to acquire its clean ammonia project for $2.35 billion, which is still under construction on the U.S. Gulf Coast in Texas.Woodside has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding…

Portuguese Firm Inks Deal for Access to US LNG

Aug 05, 2024

Portuguese oil and gas company Galp has signed a sales and purchase agreement (SPA) with liquefied natural gas (LNG) producer and exporter Cheniere for access to U.S. LNG.The agreement includes a 20-year 0.5 mtpa delivery contingent to FID of…

No Decision Yet on Woodside's Browse Gas Project

Aug 05, 2024

Western Australia's environment regulator said on Monday it expects to release its recommendations on Woodside Energy's Browse gas project in 2025, after a newspaper reported the huge project might be rejected by the regulator.The $20.5 billion…

Cyprus Officials Discuss East Med Gas Investments with BP, ADNOC

Aug 02, 2024

Representatives of BP and Abu Dhabi's state oil giant met Cypriot Energy Ministry officials on Friday to explore investments in the country's emerging natural gas sector, a source familiar with consultations said.BP and ADNOC earlier this year…

Vard to Build Energy Construction Vessel for Norwegian Firm

Aug 02, 2024

Norwegian shipbuilder Vard has signed a contract with Wind Energy Construction for the design and construction of a new energy construction vessel (ECV), securing also an option for one additional vessel.Wind Energy Construction is a Norwegian…

SLB OneSubsea to Supply Subsea Systems for Two Petrobras’ Ultra-Deepwater Fields

Aug 02, 2024

SLB OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has secured a major contract from Petrobras for the supply of subsea production systems and related services for two ultra-deepwater fields offshore Brazil.As part of the…

Giant FPSO Almirante Tamandaré Sets Sail for Petrobras’ Brazil Field (Video)

Aug 02, 2024

The floating production, storage, and offloading (FPSO) Almirante Tamandaré, which is set to be the largest to ever operate in Brazilian waters, has started its journey from China to serve Petrobras in the Santos Basin.The FPSO started its journey…

ExxonMobil Delivers $9.2B Second-Quarter Profit, Raises Output Target

Aug 02, 2024

Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output from its purchase this year of shale oil firm Pioneer Natural Resources.Exxon delivered a $2.14 a share profit that beat analysts'…

Valeura Set to Restart Wassana Production Offshore Thailand

Aug 02, 2024

Canada-based oil and gas company Valeura Energy has begun the process of restarting the production operations at the Wassana field in the Gulf of Thailand, following inspection of mobile offshore production unit (MOPU).Valeura implemented a precautionary suspension of oil production on June 28…

RWE Appoints COO for Its US Renewables Business

Aug 02, 2024

RWE has appointed Kevin Kroll to serve as Chief Operating Officer (COO) of its U.S. renewables business, RWE Clean Energy.Starting August 1, under the lead of Andrew Flanagan, CEO of RWE Clean Energy, Kroll will complete the Executive Leadership…

ConocoPhillips Beats Q2 Profit, Reaffirms Shareholder Return For 2024

Aug 02, 2024

U.S. oil and gas producer ConocoPhillips' COP.N second-quarter profit beat Wall Street estimates on Thursday, benefiting from higher output and commodity prices.The beat comes as ConocoPhillips is pursuing a $22.5 billion takeover of Marathon Oil MRO…

Ivory Coast Approves Oil Production-Sharing Deals with Eni

Aug 02, 2024

Ivory Coast's council of ministers on Thursday approved the signing of production-sharing agreements with Eni relating to four oil blocks.Under the deal, a minimum of $80 million will be invested in blocks CI-504, CI-526, CI-706 and CI-708 over an initial three-year exploration period…

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