The UK-based offshore energy industry regulator, the North Sea Transition Authority (NSTA), said Monday it had opened an investigation into an operator suspected of breaching one of its license conditions.The investigation will look into whether…
French oil major TotalEnergies and its Italian partner Eni have signed a framework agreement with Israel to implement the agreement on the maritime boundary, which was reached between Israel and Lebanon on October 27, 2022.In Lebanon, TotalEnergies is the operator of the exploration Block 9…
Norway's Kongsberg Maritime has secured a NOK 300 million ($30,2 million) contract with Pelagic Wind Services to supply advanced vessel design and equipment for two new CSOVs to be built at Cochin Shipyard in India.The CSOVs will be built to Kongsberg Maritime’s UT 5519 HL design…
Italian energy industry services firm Saipem said Wednesday it had secured new offshore drilling contracts, three in the Middle East and two in West Africa, worth around $800 million in total. In the Middle East, two new contracts have been awarded for two high-specification jack-up drilling units…
The results of fortunes and failures are often described as a “perfect storm”. The COVID pandemic, domestic inflation, labor issues and current geopolitical events have brought that description to a peak. A promise of a “new normal” emerged post pandemic…
Norwegian offshore wind service vessel firm Edda Wind has ordered another commissioning service operation vessel (CSOV) from Gondan Shipbuilders, in Spain.The newbuild will be of Salt 0474 design, which is a further development of the Salt 0217 design and will be delivered in April 2025…
European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.Gas prices…
TMC, the company that describes itself as an explorer of the world’s largest estimated undeveloped source of critical battery metals, said Monday that its subsidiary NORI and offshore partner Allseas had successfully concluded the first integrated…
India's Prime Minister Narendra Modi has inaugurated ONGC's U-field Onshore facilities of the KG-DWN-98/2 deepwater block, situated in Odalarevu, Andhra Pradesh, India.The event, in which the Prime Minister dedicated the onshore facilities to the nation…
UK-based AIS has acquired its compatriot CRP Subsea (ex-Trelleborg Offshore UK) to expand its subsea offering.CRP Subsea specializes in polymer and syntactic foam-based buoyancy and protection products for the offshore renewables and oil and gas industries…
U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil and state-owned energy company Pertamina on carbon capture…
Singapore-based shipbuilding company Strategic Marine has signed an order to build three ‘Brevity’-class crew transfer vessels (CTVs) from Chartwell Marine.The Brevity-class 27-meter catamaran design forms part of Chartwell’s new offshore wind support vessel range…
The Italian oil and gas company Eni, the operator of the the Coral South project offshore Mozambique, said Monday that the first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, had departed from the Coral Sul FLNG facility…
State-owned Japan Oil, Gas and Metals National Corp (JOGMEC) said on Monday it has been renamed Japan Organization for Metals and Energy Security and will provide equity investment to back the production and storage of hydrogen and ammonia. The…
Jack-up rig specialist Shelf Drilling said Monday it had secured a five-year contract for the Harvey H. Ward jack-up rig for operations in the Arabian Gulf.The firm period contract value, including mobilization fee, is roughly USD 192 million…