Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project…
The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic meters (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday. Speaking after a cabinet meeting…
On Christmas Eve, Spanish shipyard Gondan Shipbuilders inaugurated the Commissioning Service Operation vessel (CSOV) C491, built for Edda Wind.The new ship is a CSOV of similar design as the other six vessels being built at Gondan.These eight vessels…
Bibby Marine's Bibby WaveMaster 1 (BWM1) set sail for Denmark this week, on a charter for Total Energies, to help get some of their personnel home in time for Christmas after weather conditions prevented helicopter transfer.BWM1, a walk-to-work…
Lime Petroleum AS, a subsidiary of Rex International, has completed the acquisition of a 10 percent stake in the Yme offshore oil field in Norway from Kufpec for an after-tax consideration of $$68.053 million. The completion, in agreement with KUFPEC…
Indonesia aims to export natural gas to Vietnam starting in 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country's energy minister said on Friday. Southeast Asia's biggest economy may deliver…
Norwegian offshore vessel operator Solstad Offshore said Friday it had secured letters of awards from multiple unnamed subsea contractorsfor the hire of the construction support vessel Normand Maximus for the execution of projects during 2023…
Hurricane Energy's largest shareholder Crystal Amber Fund is calling for the removal of top management at the British company and the appointment of two directors from another firm that the fund says could invest in Hurricane.Hurricane put itself…
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…
Offshore drilling firms Seadrill Limited and Aquadrill (ex-Seadrill Partners) on Thursday announced a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. When the transaction is completed, Seadrill…
South Korean shipbuilder Samsung Heavy Industries said Thursday it had received an order for an offshore production facility from 'an Asian shipowner.' According to reports, the client is Petronas, and the order is for an FLNG unit.The contract amount is KRW 1…
Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy.Marubeni Corporation has been implementing this first utility…
Norwegian offshore engineering and construction firm Aker Solutions said Thursday it had secured a 'sizeable' contract with the oil and gas company Wintershall Dea to provide the subsea production system for the Dvalin North field development…
Italian oil giant Eni has signed a contract with China's Wison Heavy Industry for the construction and installation of a floating liquefied natural gas (FLNG) unit with a capacity of 2.4 MTPA (million tons per annum). The FLNG will be deployed offshore the Republic of Congo…
The Norwegian offshore seismic data acquisition and processing company PGS said Thursday it had won a significant 4D production contract with Brazil's Petrobras.The project will cover the Barracuda-Caratinga field in the Campos basin offshore Brazil…