Norwegian oil and gas company Equinor has restarted oil production from the Peregrino offshore field after it was suspended in April 2020.The field was brought back online on June 16, 2022. Production was shut down in April 2020 and Equinor has since thenexecuted a major program of maintenance…
Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has agreed to buy interests in two shallow-water offshore blocks in Angola from the Croatian oil company INA - Industrija Nafte.To remind, Afentra in April agreed to buy a 20% non-operated interest in Block 3/05…
Sparrows Group said Tuesday it had secured a contract worth approximately £50 million (around $60 million) with a major UKCS operator to provide crane management services across its operating assets in the North Sea. It did not say who the client was…
Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of 'extraordinary' circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow's invasion of Ukraine…
Singapore-based Sembcorp Marine said Monday it had secured an engineering, procurement, construction, and installation contract for a gas topsides project from a major energy company in Australia.Sembcorp Marine, which did not say who the client was…
Offshore helicopter services firm CHC said Monday that the Norwegian oil firm Equinor had awarded it a contract to provide crew change and search and rescue services (SAR) for its offshore installations in central Norway.General Operations Manager…
Libyan oil output will resume from all shuttered fields and ports, the Tripoli government's newly installed head of National Oil Corporation (NOC) said on Friday after meeting groups that have blockaded the facilities for months.The decision…
Russia's Gazprom has declared force majeure on gas supplies to Europe to at least one major customer, according to a letter from Gazprom that will add to European fears of fuel shortages.Dated July 14 and seen by Reuters on Monday, the legal…
Brazilian oil company Petrobras has awarded a 4-year contract to CIMC and OOS International for the OOS Tiradentes semi-submersible accommodation rig.Under the contract, the accommodation rig will be used to provide safety and maintenance support offshore of Brazil from April 2023 onwards…
Prysmian, the Italian energy and telecom cable systems provider, has won two contracts worth approximately €250 million (around $253,3 million) by Red Eléctrica de España, S.A.U., the transmission system operator of the Spanish power grid.The…
For the poor, small South American country of Guyana, there's no time like the present when it comes to reaping the rewards of its offshore oil jackpot.With sky-high oil prices, a transition to renewable energy on the horizon, and 750,000 citizens desperate for better lives…
Qatari company Milaha said Monday it had secured a five-year contract with QatarEnergy to deliver engineering, procurement, construction, and installation (EPCI) services for offshore projects in Qatar. The contract is worth QR 1.4 billion ($384…
Danish offshore wind installation contractor Cadeler A/S has secured a vessel reservation agreement with Baltic Power for the installation of more than 70 offshore wind turbine generators (WTGs) in the Polish Baltic Sea. This marks Cadeler’s entry into Poland's developing offshore wind market…
Worley has won a three-year contract with Shell to provide engineering and procurement services for several of its assets in the Gulf of Mexico (GOM).Worley will provide professional services in engineering, procurement, project services and support fabrication and construction…
Malaysia's state energy firm Petronas said it was taking steps to protect the legal position of all its global assets after two Luxembourg-based subsidiaries were served with a seizure notice last week over a dispute with the heirs of a late sultan…