Chevron-led consortium, in charge of the development of Aphrodite field offshore Cyprus, has signed a non-binding memorandum of understanding (MoU) with the Egyptian national gas company EGAS for the export of gas from the field to Egypt.The MoU was signed by Chevron-led consortium…
The Cypriot government has approved the updated plan for the Aphrodite gas field, filed by Chevron-led consortium, which will see the construction of a floating production unit (FPU) and a pipeline for exporting gas to Egypt.Following Cypriot government’s approval of the plan…
Singaporean shipbuilder Strategic Marine has signed a shipbuilding contract with Odyssey Group for a multi-purpose survey vessel, which will operated offshore Australia.Under the terms of the agreement, Strategic Marine will construct the advanced…
Terna Energy, a subsidiary of Masdar Group, has teamed up with Motor Oil for the development of first offshore wind farm in Greece.The procedures for the participation of the Motor Oil Group, through its subsidiary Motor Oil Renewable Energy (MORE)…
Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American country's environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday…