Egypt's state-owned gas company and U.S.-based Chevron Corp on Monday signed a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export.The memorandum of understanding signed…
Kuwait Petroleum Corporation chief said on Tuesday the Gulf producer had the capacity to reach its OPEC quota and was moving to its first offshore production as it invests to meet future oil demand.'We are making the investments necessary to…
RWE Renewables has won a bid for the wind turbine service & maintenance deal at the 140 turbine, 504MW Greater Gabbard offshore wind farm, located in the North Sea, around 20km off the coast of Suffolk, UK.Greater Gabbard offshore wind farm…
Italian energy services group Saipem said on Wednesday it would launch a planned 2 billion-euro ($2.10 billion) rights issue from June 27 as it strives to bolster its finances and re-focus its business after a surprise profit warning in January…
Singapore-based shipowner Vallianz has partnered up with Ulstein Design & Solutions B.V, Shift Clean Energy, and Bureau Veritas to design and build a heavy transport vessel (HTV) that will be 'the first of its kind in the global offshore wind industry…
Brazilian state-controlled oil company Petrobras has bought its first cargo of Guyanese crude for refining domestically, the company told Reuters, as South America's newest producer expands its market reach.With the start of a second floating production facility in February…
Norwegian drone company Nordic Unmanned has received a call-off for the next phase of the drone offshore logistics contract with the Norwegian oil firm Equinor. The offshore operations will take place from the Gullfaks C offshore platform in the North Sea and will start on August 15…
CMIC Ocean En-Tech Holdings Co Ltd and Dutch supplier of on- & offshore lifting solutions KenzFigee have signed a strategic cooperation agreement targeting the offshore wind market in China with the offering of gangways and installation cranes…
Norwegian subsea services company DOF Subsea has secured an extension for its four contracts with Petrobras for subsea inspection works in Brazil.DOF said that the extension would call for at least three vessels operating for 18 months, to the…
The Australian Conservation Foundation said it has asked the Federal Court to stop Woodside Energy Group from working on the $5.7 billion [for the offshore component only] Scarborough gas project until an assessment is made about its potential impact on the Great Barrier Reef…
Chinese state-owned oil and gas firm CNOOC has completed the country's first offshore carbon capture and storage project designed to permanently bury carbon dioxide in the seabed, state media reported recently.The project is located at the company's Enping oil field in the mouth of the Pearl River…
Global group Libra has acquired a U.S. shipyard through a subsidiary to capitalize on growing shipbuilding demand for the offshore wind industry as Washington accelerates efforts to boost cleaner power, top company executives said.U.S. President…
QatarEnergy on Tuesday signed a deal with Exxon Mobil Corp for the Gulf state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Eni and ConocoPhillips.Qatar is partnering…
Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas. FSRUs increasingly are in demand to fill the gap.Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas…
Offshore vessel designer GustoMSC, part of NOV, has launched a next-generation heavy lift crane vessel series called ENSIS, planned for foundation installation for the offshore wind farms of the future.'GustoMSC's new ENSIS heavy lift crane…