Dutch and British wholesale gas prices mostly fell on Friday morning, correcting gains made the previous day after Germany triggered the second phase of its emergency gas plan.The benchmark Dutch wholesale gas contract for July delivery was down 4…
The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast.Magazine Der Spiegel reported on Friday that the German economy ministry is…
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…
Oilfield services company TechnipFMC has won a contract with TotalEnergies EP Angola to supply subsea production systems for the CLOV3 development in Block 17, offshore Angola. TechnipFMC said the contract was a “significant” one, which for…
Oilfield services giant Schlumberger and offshore installation specialist Subsea 7 have agreed to renew their Subsea Integration Alliance for a further seven years.Subsea Integration Alliance is an alliance between Subsea 7 and Schlumberger’s OneSubsea subsea technologies…
An ailing crewmember was medevaced from a U.K.-registered pipe laying vessel 167 miles offshore Marsh Island, La., in the U.S. Gulf of Mexico.The U.S. Coast Guard said its Sector New Orleans watchstanders received a call around 3 p.m. on Monday…
Tenaris SA , a global manufacturer of steel pipes, said on Thursday it will pay $78.1 million to resolve U.S. probes into its alleged payment of bribes to win business from Brazil's state-owned oil company Petrobras.The Luxembourg-based company will pay a $25 million civil fine plus $53…
Tenaris, a company manufacturing pipes and related services for the global energy industry, has informed that an Italian court has dismissed a case against Tenaris’s Chairman and Chief Executive Officer and two other Board members over allegedly improper payments in Brazil…
Malaysian company Sapura Energy has agreed to sell its pipe-laying and crane vessel Sapura 3000 for $71.5 million to Safeen Feeder Company – Sole Proprietorship LLC, a company in the Abu Dhabi Ports Group of Companies.'The proposed asset disposal exercise is part of the Group’s reset plan…
Israel is renewing offshore natural gas exploration and hopes to reach an agreement soon for exporting gas to Europe, Israel's energy minister said on Monday.Energy Minister Karine Elharrar had said exploration for new gas fields would be put…
Shell said on Monday it had given the go-ahead to develop the Crux gas field offshore Australia, which analysts estimated would cost around $2.5 billion.Construction is expected to start in 2023 with first gas expected in 2027, which will feed the 3…
Offshore installation services company Subsea 7 said Thursday it had won a major contract with Petrobras in Brazil. Subsea 7 defines a major contract as being over $750 million.The contract is related to the development of the Búzios 8 field…
Oilfield services giant TechnipFMC said Thursday it had secured a contract with Equinor for work on the Halten East development offshore Norway.TechnipFMC said the contract was a significant one, which for TechnipFMC means it is worth between $75 million and $250 million…
Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a setback to Germany's gas lobby as it seeks to keep the energy lifeline from Russia open.The former German chancellor played a critical role in…
A South Korean court has dismissed an application from a group of Indigenous Australians to block South Korean export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.People…