Saudi oil and gas drilling contractor ADES Holding has signed a contract with Thai national oil and gas company PTTEP for one of its modern jack-up drilling rigs, worth $94 million.The contract, signed on May 14, 2024, is for an 18-month firm term plus a nine-month optional extension…
Cyan Renewables, a portfolio company of Seraya Partners, has entered into a strategic collaboration with Hyundai Asset Management to establish a robust vessel supply with strong local content for South Korea's offshore wind market.Cyan Renewables…
Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on low-carbon activities, company sources said.Such…
Mubadala Energy has made second consecutive ‘significant’ gas discovery in South Andaman offshore Indonesia at the Tangkulo-1 exploration well, using Seadrill’s West Capella drillship.The Tangkulo-1 exploration well was drilled about 65 kilometres offshore North Sumatra in Indonesia…
Subsea Integration Alliance, a strategic partnership between OneSubsea and Subsea7, has secured a ‘large contract’ from Turkish Petroleum Offshore Technology Center (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye…
Norwegian shipbuilder Vard has signed a contract with an undisclosed Taiwanese customer for the design and construction of two Commissioning Service Operation Vessels (CSOVs).The customer has appointed VARD to design and construct two CSOVs’ of VARD 4 39 design…
Japanese energy companies JERA and INPEX have signed an agreement to undertake a preliminary joint study on the feasibility of establishing a carbon capture and storage (CCS) scheme to transport CO2 emitted in Japan for storage in Australia…
Dutch-Norwegian floating solar company SolarDuck, in collaboration with Japanese partners, has completed the installation of Japan’s first offshore floating solar demonstrator which will be used to power electric vehicles and boats.Together with its project partners Tokyu Land Corporation…
Ørsted has appointed energy and marine consultancy ABL to provide marine warranty survey services for the offshore transportation and installation (T&I) of wind turbines and cables package for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan…
Mermaid Maritime has, through its joint venture company with GCC, secured a one-year contract extension for subsea services in the Middle East with a national upstream oil and gas major.The contract extension, including several medium-term subcontract awards…
James Fisher Decommissioning, part of James Fisher and Sons, has completed offshore decommissioning operations in the Gulf of Thailand as part of a major offshore operator’s wider asset end-of-life campaign.James Fisher Decommissioning extended its contract with a major offshore engineering…
U.S.-based offshore drilling company Diamond Offshore has secured the marketing rights for three seventh generation drillships - West Dorado, West Draco and West Libra, which will be renamed Tidal Action.Diamond Offshore entered into an agreement with Eldorado Drilling…
Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has been awarded three well services contracts in Malaysia, increasing its market share in the Asia Pacific region.The company has won two contracts…
Offshore drilling contractor Seadrill on Tuesday announced it has secured new contract awards for two of its drillships.The West Capella secured a one-well contract in South Korea, with an estimated duration of 40 days, valued at approximately $32 million…
Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs)…