Brazilian oil and gas company Petro Rio (Prio) on Thursday paid $1.635 billion to Petrobras in relation to the acquisition of Petrobras' interest in the Albacora Leste offshore field, located in the Campos Basin, Brazil.The amount paid Thursday is in addition to the $292…
Germany's EEW Special Pipe Constructions ( EEW SPC) has signed a contract with offshore installation firm Van Oord to manufacture 100 monopile foundations for RWE’s Sofia offshore wind farm, to be located in the UK North Sea.The Sofia Offshore…
Danish offshore vessel owner Maersk Supply Service said Thursday it had signed an assignment agreement with TechnipFMC for work in Brazil.The scope covers the pre-installation of the mooring system and hook-up of the FPSO P-78. The FPSO P-78 will be the seventh FPSO in the Búzios field…
Copenhagen Infrastructure Partners-led Pentland floating offshore wind farm has been granted planning permission in principle from Scotland's Highland Council for its onshore infrastructure.To be located 7.5km off the coast of Dounreay in Caithness…
Jan de Nul Group and LS Cable & System have completed the installation of the first sea cable for West Alpha offshore wind substation for Dutch grid operator TenneT. The offshore installation contractors used the cable-laying vessel Connector…
Norway's Equinor has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western energy firms from the West African country as they focus on newer and more profitable operations, three industry sources said…
Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro…
Norwegian offshore vessel owner DOF said Wednesday that Brazil's Petrobras had awarded a new long-term charter contract to DOF's Brazilian affiliate Norskan Offshore Ltda. for an AHTS to operate as AHTS-TS or TO.Petrobras has hired the Skandi Ipanema vessel for four years firm…
Libya's National Oil Corporation (NOC) will sign offshore gas exploration and production deals with Italy's Eni on Saturday, NOC head Farhat Bengdara told a television channel. The deal would require $8 billion to produce up to 850 million cubic feet a day of gas from the Mediterranean…
Louisiana-based firm EDG has recently won a topside modification contract from Talos Energy for the Ram Powell platform in the U.S. Gulf of Mexico to accommodate the Venice and Lime Rock subsea tiebacks.EDG, which says it has executed more than 25 subsea tiebacks over the years…
The Italian steel company Acciaierie d’Italia has signed a letter of intent with the Falck Renewables and BlueFloat Energy´s partnership on strategic collaboration for the development of renewable energy projects.The parties have established a technical working group which will focus on four areas…
Norway's Equinor has awarded Scana-owned PSW Technology a three-year contract for maintenance services at the Mongstad refinery, Equinor's largest. The oil to the Mongstad terminal mainly arrives through two pipelines from Troll B and Troll C and connected offshore oil fields…
Most of the media coverage of offshore wind development in the United States focuses on the leases of the offshore areas where the wind turbines will be located. However, equally important is the landside dimension of these projects, including the manufacture…
Energy producer Hess Corp. on Wednesday beat Wall Street estimates for fourth-quarter profit on higher crude prices, and said it had found more oil offshore Guyana.Western sanctions against major energy producer Russia and the decision of producer…
Malaysian energy industry services provider, T7 Global said Wednesday it had secured two letters of award worth a combined value of approximately RM100 million (currently around $23,47 million). The letters of award were secured by the company's…