Glenfarne Alaska LNG and ConocoPhillips Alaska have signed a gas sales precedent agreement to supply natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project.The 30-year agreement will secure sufficient natural gas volumes…
Singapore's Seraya Partners is considering a dual-track process for its offshore wind services firm Cyan Renewables that could result in either a sale or an initial public offering, its chief investment officer said.Cyan, a Singapore-based marine services company focused on renewables…
Technip Energies has received full notice to proceed for a major engineering, procurement and construction (EPC) contract with Commonwealth LNG for a liquefied natural gas export facility in Louisiana.The notice follows the final investment decision (FID) for the 9…
Offshore drilling contractor ADES Holding has secured a new contract in Nigeria for its Main Pass IV standard jack-up rig.The contract has a one-year firm term with an additional one-year unpriced option, with the firm term value of the contract of $48…
Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told Reuters, as new CEO Meg O'Neill restructures the group to cut debt and refocus on more profitable projects.BP has invested more than $35 billion in Egypt over six decades…
The substructures for fixed offshore wind turbines weigh thousands of tonnes. Only about five vessels in the world can lift that much weight. So now researchers are testing an alternative: an unusually wide barge.Using experience gained from the oil and gas industry…
DNV, the independent energy expert and assurance provider, has published two new standards aimed at improving the safety, reliability and long-term performance of floating solar photovoltaic (FPV) systems, supporting the rapid global growth and expansion of renewables…
Norway's Hammerfest LNG export terminal is undergoing repairs for a mechanical fault in a valve that halted production last week, a spokesperson for operator Equinor said on Tuesday.Europe's largest export terminal for liquefied natural gas (LNG)…
Energy services company Weatherford has been awarded a managed pressure drilling (MPD) contract by Ventura Offshore for operations aboard the SSV Victoria semi-submersible drilling rig offshore Brazil.The contract covers operations in Petrobras’…
BW Offshore has agreed with the Catcher field partners to amend the contract for its BW Catcher floating production storage and offloading (FPSO) unit, extending the agreement through December 31, 2030, plus or minus six months.The revised agreement replaces the previous structure…
Ocean Power Technologies (OPT) has demonstrated autonomous docking, charging and redeployment capabilities for its WAM-V autonomous surface vehicle as part of efforts to support longer-duration offshore operations.The company said the system enables the maritime drone to approach a dock…
Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…
Italy’s Eni has announced its Geliga-1 gas discovery offshore Indonesia delivered strong test results, supporting plans for accelerated development in the Kutei Basin.The company said a drill stem test at the Geliga-1 well flowed at rates of up to 60 million standard cubic feet per day of gas…
Baker Hughes and thermoplastic composite pipe manufacturer Strohm have signed an agreement to jointly develop a hybrid flexible pipe for ultradeepwater flowline and riser applications.The companies said the new solution is aimed at offshore projects in water depths exceeding 3…
DeepOcean has completed its first subsea intervention project with offshore operational leadership managed from shore, carrying out the work for Aker BP at the Idun Nord field in the Norwegian Sea.The operation involved a work-class remotely…