Subsea Integration Alliance, a partnership between Subsea 7 and Schlumberger's OneSubsea, has officially received the contract for the delivery of subsea equipment and flowlines for Equinor's recently sanctioned Bacalhau field development offshore Brazil…
Nigeria has awarded the rights to develop marginal oilfields to 50% of the 161 firms shortlisted after they met all the conditions, the petroleum regulator said on Tuesday.Nigeria is looking to production from the fields to bolster state finances and increase local participation in the oil sector…
Solstad Offshore has won a new contract for its construction support vessel Normand Ocean with subsea services provider DeepOcean.DeepOcean will use the 107,6 meters long vessel for its Inspection, Maintenance and Repair, and light construction projects in the North Sea…
Norwegian offshore vessel owner Siem Offshore has won a contract for its Siem Dorado multi-purpose support vessel in Guyana.Siem Offshore said the contract was for 55 days firm, in addition to mobilization and demobilization fees, with extension options included…
Spanish oil company Repsol is set to sell its oil and gas exploration and production assets in Malaysia and in Block 46 CN in Vietnam to Malaysia-based Hibiscus Petroleum for an undisclosed fee.Repsol said that the sale of its upstream assets…
Offshore wind developersØrsted and Eversource have agreed to charter Dominion Energy's Charybdis, the first Jones Act-compliant offshore wind turbine installation vessel in the United States, for the construction of two offshore wind farms in the Northeast…
Offshore drilling rig owner Valaris said Tuesday it had won a drillship contract with TotalEnergies in Ivory Coast.The contract is for the ultra-deepwater drillship Valaris DS-12. Total E&P Côte d'Ivoire B.V, an Ivory Coast subsidiary of the…
Subsea Integration Alliance, a joint venture between Subsea 7 and Schlumberger's OneSubsea, is anticipating final confirmation of a major contract award by Equinor 'in the near future,' Subsea 7 said Tuesday.Subsea 7 defines a major contract…
Testing, inspection, and certification firm Bureau Veritas has been selected to carry out project certification for the Moray West offshore wind farm in Scotland.The offshore wind farm is expected to be fully operational by 2024, with up to…
Engineering and technical service provider Offshore Design Engineering Ltd (ODE) has been selected as Owner’s Engineer for Codling Wind Park, set to become one of the largest offshore wind farms in Ireland.Executing its first renewables contract in Ireland…
Malaysian oil and gas company Petronas on Tuesday confirmed the contract award to TechnipFMC for the engineering, procurement, construction, installation, and commissioning for a subsea production system, umbilical, riser, and flowline (SURF) for its Limbayong deepwater development…
The startup of Equinor's Johan Castberg oilfield in the Arctic Barents Sea will be delayed by one year until the fourth quarter of 2023 due to technical problems, denting its value, Norway's oil and gas safety watchdog said on Tuesday.The Petroleum…
Norwegian oil company OKEA has with partners Petoro and Neptune Energy decided to develop the Hasselmus offshore gas discovery in the Norwegian Sea as a tie-back to the Draugen platform.The Hasselmus gas discovery is located on the western edge of the Trøndelag platform in the Norwegian Sea…
Norwegian oil and gas company Equnior has made a final investment decision for the development of the Bacalhau field offshore Brazil.The development of the field located in the Santos Basin will cost around $8 billion. Arne Sigve Nylund, Equinor’s executive vice president for Projects…
Danish offshore wind farm giant Ørsted said Monday it had completed the sale of 50% of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands to Norges Bank Investment Management.Norges Bank Investment Management (NBIM), an entity running Norway's $1…