Offshore well plug and abandonment specialist Well-Safe Solutions has agreed a global master agreement with BP lasting until at least September 2026, with two one-year contract extension options available.The agreement will see the well decommissioning company provide BP with project management…
Russia is waiting for the outcome of an investigation into the sabotage of the Nord Stream gas pipelines before making any request for compensation, the RIA state news agency cited a foreign ministry official as saying on Tuesday.The pipelines…
Serica Energy, a UK-based upstream oil and gas company, said Tuesday that its Chief Financial Officer Andy Bell had informed the board of his intention to step down from his role in the New Year when he will be replaced by Martin Copeland. Copeland…
Oslo-listed oil and gas company BW Energy said Tuesday it had completed the acquisition of the FPSO Cidade de Vitoria from Saipem.The FPSO is currently producing approximately 10,000 barrels per day of oil from the Golfinho field offshore Brazil…
The first turbine has been installed at the South Fork Wind Farm offshore New York, developer Ørsted announced on Monday.The first of South Fork Wind’s 12 Siemens Gamesa wind turbine generators was hoisted into place by the offshore construction team at the project site 35 miles off Montauk…
IKM Ocean Team Scandinavia has recently signed a contract with TotalEnergies EP Danmark and the Danish Underground Consortium for the supply of cleaning and process services.The contract starts on October 1, 2023, runs for five years firm, plus two one-year extension optinos…
Italy's Eni has temporarily halted arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss a conversion of the license from prospecting to mining, sources with direct knowledge of the matter told Reuters…
Offshore disposal firm EODEX UK has informed that it has removed over 80 offshore munitions from the Moray Firth without high-order detonations.According to EODEX UK, detonations are widely attributed to be a key factor in mass stranding events – such as the Kyle of Durness in July 2011…
Offshore installation contractor Jan De Nul Group said Monday it had signed an agreement with the Egyptian government, represented by the Egyptian Electricity Transmission Company (EETC), to start the study for the construction of an undersea export cable between Egypt and Europe…
Subsea 7 said Monday it had secured a sizable contract from Shell for the decommissioning of subsea infrastructure associated with the FPSO Fluminense offshore Brazil.The FPSO is located at the Bijupirá and Salema fields of the Campos Basin…
Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas, which should start holding its first carbon dioxide (CO2) emissions from the end of 2028, Japan Petroleum Exploration Co said on Monday…
Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said…
Salamander, a joint venture between Ørsted, Simply Blue Group, and Subsea 7, has launched floating LiDAR and wave buoys as part of the metocean campaign for the proposed floating offshore wind farm project off the north-east of Scotland. The survey…
Oslo-listed Standard Supply has recently agreed to sell three large platform supply vessels, Standard Viking, Standard Supplier, and Standard Defender, for a gross of $72.2 million.Adjusting for ownership, proceeds to Standard Supply will be $69…
Offshore solutions firm OEG Energy Group Limited said Monday it had agreed to acquire Bluestream Offshore, a specialist in subsea and topside services based in the Netherlands, for an undisclosed consideration.Based in Den Helder, Bluestream…