TenneT, the German/Dutch grid operator, said on Tuesday it plans to invest a combined 22 billion euros ($22.5 billion) in developing the Dutch electrical grid onshore and offshore over the next decade.In a statement, the company said it had…
Solstad Offshore has sold the platform supply vessel Normand Aurora for an undisclosed fee.The Norwegian offshore vessel owner said that the delivery of the vessel to the new owner took place Tuesday, July 5, 2022.While Solstad did not say who the buyer was…
Oil and gas company Neptune Energy has joined OGCI's Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the harmful greenhouse gas to near zero by 2030. Developed by the Oil and Gas Climate Initiative (OGCI), the initiative aims…
Norwegian offshore vessel operator Solstad Offshore has secured a contract extension for its construction support vessel Normand Pacific.Italy-based Prysmian, whcih provides cables and systems for energy and telecommunications, has opted to extend the Normand Pacific contract by one year…
Retail investors dumped the rights to buy into a 2 billion euro ($2 billion) cash call at Italian energy services group Saipem on Tuesday, heightening risks for banks that agreed to mop up any unsold shares unless institutional buyers pick up the slack…
The Norwegian government on Tuesday intervened to end a strike in the country's energy sector that had cut oil and gas output, a union leader and the labor ministry said.Norwegian offshore oil and gas workers went on strike over pay on Tuesday…
Houston-based Deepsea Technologies, Inc. (DTI) on Tuesday announced it has acquire a 100% share AF Global UK Ltd. (AFGUK), the subsea division of AFG Holdings Corporation. The company will now operate under the name Deepsea Technologies UK Ltd…
QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Exxon, ConocoPhillips, and Eni…
London-listed oilfield services giant Petrofac has won a contract with the oil firm Tullow Oil to provide operations services for Tullow's Jubilee Development offshore Ghana.Petrofac’s role in the Jubilee development in Ghana – one of the largest…
The Australian Government has awarded offshore engineering firm Wood the role of Owner’s Team, to oversee the first decommissioning phase of the Northern Endeavour FPSO unit in the Timor Sea.The 274-meter-long Northern Endeavour FPSO is currently…
U.S. based offshore well services company Helix Energy Solutions Group has finalized the previously announced acquisition of the Alliance group of companies, bolstering its decommissioning footprint in the Gulf of Mexico.Alliance is a Louisiana…
Norwegian oil and gas company Equinor has awarded the drilling contractor Valaris a 540-day drilling contract for the Valaris DS-17 drillship. The offshore drilling contract is for operations in Brazil and is scheduled to start in 2023.Under…
Norway's offshore and maritime services provider OSM Maritime (OSM) has bought New Zealand’s oil and gas and offshore marine service firm Kingston Offshore Services. 'The acquisition was completed on June 30th and aims to further strengthen OSM’s current operations and services in Oceania…
UK-based energy services firm THREE60 Energy has acquired well and pipeline operator and well management specialist, Fraser Well Management.'The acquisition leads THREE60 Energy to become one of only two companies that can undertake the role as outsourced duty holder (installation operator)…
British oil major BP has awarded a drilling contract to Stena Drilling for the use of its Stena IceMAX drillship in Canada.The contract is for one well and is scheduled to start in 2023.BP will use the drillship to drill a well off the coast of Newfoundland…