Aibel and Vår Energi have signed a framework agreement for maintenance and modifications (M&M) for the Goliat and Gjøa fields on the Norwegian continental shelf.The contract has a duration of five years plus options, and its value is estimated to be around $119 million (NOK 1…
Maritime Developments (MDL) has supported Saipem’s work in West Africa by providing specialist equipment and operational support for two recent flex-lay campaigns offshore Ivory Coast, Senegal and Mauritania.The two scopes awarded to MDL entailed…
Woodside Energy Trading Singapore and JERA have entered into a nonbinding heads of agreement (HOA) for the sale and purchase of LNG cargoes during Japan’s peak winter period.The agreement strengthens Woodside’s long-standing relationship with JERA and further supports Japan’s energy security…
Strategic Marine has delivered TMS Tah Muang fast crew boat to Truth Maritime Services (TMS), a subsidiary of the Prima Marine Group.The latest 42-metre Generation 4 Fast Crew Boat (FCB) marks the fourth high-performance vessel delivered by Strategic Marine to TMS since 2024…
Italian energy group Eni has sold a 20% stake in its retail and renewables business Plenitude to U.S. alternative investment manager Ares Management Corp for about 2 billion euros ($2.3 billion), it said on Monday.The transaction is part of…
Fugro has secured contracts to conduct both geophysical and geotechnical site investigations for the development of two large-scale offshore wind farms in the German North Sea.The project, known as Windbostel Ost and Windbostel West, is a joint venture between RWE and TotalEnergies…
Vår Energi and Kistos Energy Norway have started production through Jotun floating production, storage and offloading (FPSO) unit at the Balder field in the North Sea.The production from Jotun FPSO marks the extension the life of the first production license…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for wildcat well in the North Sea.The drilling permit is for a wellbore 15/8-3 S in production licence 1137, operated by Equinor with 50% working interest, with partner Orlen Upstream Norway holding the remaining 50%…
As the shipyards struggle to effectively recruit and retain new welders to replace the aging workforce, attention increasingly turns to key system suppliers like ESAB, a global welding and cutting equipment. A host of continuous improvement…
Seequent, a leader in earth-modeling, analysis, data management, and collaboration software, received the Sust2ainable Exhibitor Award from RenewableUK at the Global Offshore Wind 2025 event. At the event, Seequent demonstrated how its 3D ground…
Libya's internationally recognised government of national unity has objected to Greece's approval of an international tender for hydrocarbon exploration off the island of Crete, saying some of the blocks infringe upon its own maritime zones…
Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country.'We especially note the readiness of the Myanmar side to attract Russian companies to the development of offshore oil and gas fields…
Offshore workers employed by TotalEnergies have overwhelmingly backed a new pay deal successfully negotiated by Unite, U.K.-based workers' union.Around 50 Unite members based on the Elgin Franklin and North Alwyn platforms agreed to an enhanced offer which amounts to a 2…
Petronas, through its wholly-owned subsidiary Petronas Suriname E&P, has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname.The agreement was signed with Staatsolie Maatschappij Suriname and Paradise Oil Company (POC)…
Israel has resumed limited natural gas exports from surplus supplies, the country's Energy Ministry said on Thursday, nearly a week after shutting down two key offshore fields as Israel and Iran waged an air battle.A ministry spokesperson told Reuters that exports are now resuming 'from surpluses…