Australian offshore support vessel owner MMA Offshore said Friday it had secured three contracts supporting offshore wind farm developments in Taiwan during 2023.The three contracts, with firm periods totaling 370 days, will increase the company’s…
French oil and gas services provider Technip Energies announced on Thursday lower annual revenue and guidance for 2023, citing the impact of its exit from a major LNG project in Russia. While the project withdrawal had no financial impact on the company in 2022…
The Australian oil company Carnarvon Energy has named Alex Doering its Chief Financial Officer (CFO), effective June 1, 2023.Doering is the current Financial Controller at Carnarvon and Joint Company Secretary, and has been with the company…
Nearly 50 offshore crane operators, crane maintainers, lifting personnel, and deck crew working on BP’s offshore platforms in the UK North Sea have backed a strike action over pay, workers' union Unite said Friday.According to Unite workers…
Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.The 8 billion pound ($9…
Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia's invasion of Ukraine a year ago continues to distort global oil supply lines and put long-term energy security front of mind for governments…
Offshore cable firm NKT has secured three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek offshore wind zones in the Netherlands. The company said the projects have a combined order value of approximately EUR 2 billion…
Italian shipbuilder Fincantieri, through its subsidiary Vard, has signed a contract with offshore wind vessel operator Edda Wind, for the construction of four Commissioning Service Operation Vessels (CSOV). The first two vessels are expected to be delivered in Q1 2025…
PGS has signed a 3D exploration acquisition contract for work offshore Namibia. The Norwegian company said in a stock exchange announcement that it was mobilizing its Ramform Titan vessel for the survey. The acquisition is expected to be completed in late May 2023…
Energy and telecom cable firm Prysmian Group has secured contracts worth approximately €1.8 billion (currently around $1.9 billion) in total with the Dutch transmission system operator TenneT for the two grid connection projects IJmuiden Ver…
Equinor said on Friday it would acquire the British oil and gas business of Canada's Suncor Energy SU.TO for $850 million, giving the Norwegian company stakes in several key North Sea petroleum assets.Equinor said the deal includes a 29.9% stake in the Buzzard oilfield…
The Australian oil and gas company Woodside Energy has entered into an agreement for an option to acquire a 56% Participating Interest in Petroleum Exploration License 87 (“PEL 87”) offshore Namibia.This is according to the Canadian company Sintana…
Spanish firm Cepsa has agreed to sell its exploration and production business in the United Arab Emirates to the French oil major TotalEnergies.The assets being sold include Cepsa’s 20% participating interest in the Satah Al Razboot, Umm Lulu…
Oslo-listed oil and gas company BW Energy said its planned acquisitions of Petrobras' working interest in Golfinho and Camarupim deepwater oil fields, and the related FPSO from Saipem, were facing delays as a Brazilian ministry has ordered a review of Petrobras divestment program…
Saipem has agreed to restart a liquefied natural gas (LNG) project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said on Tuesday.The project, which would be the first onshore development of a LNG plant in the African country…