FPSO supplier BW Offshore said Thursday that Shell had awarded it limited notice to proceed (LNTP) by Shell and its partners for early-stage engineering and supplier reservations for the supply of an FPSO for the Gato do Mato (Wild Cat) oil and gas field offshore Brazil…
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…
The Biden administration on Thursday proposed auctioning five areas off the coast of California for offshore wind development, a critical milestone in expanding the nascent U.S. industry to Pacific waters.It is the latest in a government effort to put wind turbines along every U…
Turkey's national oil and gas company TPAO has taken delivery of its new, seventh generation drillship, the Cobalt Explorer, acquired from the South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering.The acquisition of the Cobalt Explorer has expanded TPAO's drillship fleet to four units…
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a package of support for households struggling to meet rising energy bills.The announcement marks a change of heart for Prime Minister Boris Johnson's…
RWE Renewables has informed that Awel y Môr offshore wind farm, which could provide power for up to 500,000 homes, has passed a key milestone after proposals were submitted to, and accepted for consideration by the UK Planning Inspectorate…
Norway's Equinor plans to make a final investment decision on what would be its first offshore wind farm in South Korea as early as 2024, and is now considering a third, larger project in the country, the head of its local unit said.'We are…
The Petroleum Safety Authority Norway (PSA), the Norwegian offshore oil and gas safety watchdog, has launched an investigation into an incident involving a gas leak on Equinor-operated Statfjord B platform in the North Sea, off Norway. According to the PSA…
Challenger Energy, the company previously known as the Bahamas Petroleum Company, has formally signed a license agreement for the AREA OFF-1 petroleum license offshore Uruguay.The AREA OFF-1 license has a total area of approximately 15,000 km2 and is situated in water depths from 20 to 1000 meters…
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…
Oil and gas company Energean said Thursday that the first gas from its Karish gas development in the Mediterranean Sea, offshore Israel, was expected to start flowing in the third quarter of 2022.The company said that the Energean Power FPSO…
Tekmar Group said Wednesday it had won a significant new contract to provide an integrated engineering solution, including Cable Protection Systems ('CPS'), for an offshore wind farm project in the U.S.The contract is expected to be delivered in 2023…
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…
Offshore oil and gas producer Talos Energy on Tuesday said it was interested in scooping up new production, particularly as major oil companies shed assets in a bid to decarbonize.'We're a natural consolidator, particularly when you think about the Gulf of Mexico…
Norwegian offshore energy engineering and construction company Aker Solutions said Wednesday it had secured a sizeable contract from Equinor to deliver the subsea production system for the Halten East development, offshore Norway.Aker Solutions defines a sizeable contract as being between NOK 0…