Romania's gas pipeline operator will build a new pipeline worth an estimated 500 million euros ($529.30 million) meant to bring offshore Black Sea gas to the national grid once the two gas producers make a final investment decision, Prime Minister Nicolae Ciuca said on Thursday…
Norway's Green Yard Kleven has completed and delivered two retrofit projects for the Brazilian shipowner Oceanica. Oceanicasub Vlll and Oceanicasub lX have been rebuilt from offshore supply vessels to advanced offshore vessels for ROV- and crane operations…
Norwegian firms Eidesvik Offshore and Reach Subsea said Thursday they had completed the previously announced acquisition of the subsea inspection repair and maintenance vessel Viking Reach (ex-Edda Sun).The 85,30 meters long vessel was built…
Floating offshore wind developer BlueFloat Energy said Thursday that its 1GW ‘Winds of September’ floating wind project had taken a step further by deploying a floating LiDAR in the waters off Hsinchu, Taiwan. The project was named after the…
Scottish Power, a UK subsidiary of Iberdrola, a Spanish renewables giant, on Wednesday signed a framework agreement worth over €200 million with Haizea Wind Group, for Haizea Bilbao to supply 50 monopiles to the East Anglia Three offshore wind farm in the UK…
Asia-pacific focused oil and gas company Jadestone Energy expects to resume production from its Montara field offshore W. Australia in approximately one week.The company shut down production from the Montara Venture FPSO in 2022, first to allow…
DNV said Thursday it was assisting Korea Electric Power Corporation (KEPCO) Research Institute in the development of a long-term offshore power grid plan to deliver renewable offshore wind power to South Korea. The project is scheduled for completion by mid-2025…
UK-based Prax Group has reached a deal to acquire Hurricane Energy, the operator of the producing Lancaster oil field, west of Shetland.Hurricane has one asset, the Lancaster oil field, that produces from a single well (“P6”) and riser. As at ERCE…
Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…
Oslo-listed offshore vessel owner DOF has secured a new four-year firm contract for the platform supply vessel Skandi Gamma with UK-focused oil company Ithaca Energy.The contract for the 2011-built PSV also includes two 1-year extension options…
The U.S. Environmental Protection Agency (EPA) by May should complete a review of Louisiana's request to take on oversight of carbon capture projects, according to a letter to the state, which wants to speed up approvals.Louisiana is seeking to permit and monitor so-called Class VI wells…
JX Nippon Oil & Gas Exploration Corporation has to acquire the entire issued shares of the offshore drilling firm Japan Drilling Co., Ltd. (“JDC”).The company plans to complete the acquisition around the end of April of 2023.'Upon completion of the acquisition…
BW Offshore said Wednesday it had closed the transaction for the sale of the FPSO BW Opportunity for $125 million to an undisclosed third party.The Oslo-listed FPSO provider last Friday said it had agreed to sell the laid-up FPSO to an unnamed buyer…
Oil and gas company Karoon said Wednesday that production had started from the PAT-2 at the Patola field in the BM-S-40 production license in Brazil.The well, one of two new production wells drilled at the field, came onstream on March 15, 2023 at a rate of 12…
Golar LNG has acquired New Fortress Energy's (NFE) stake in FLNG Hilli - also known as Hilli Episeyo. 'In return for NFE’s 50% Common Unit holding in Golar Hilli LLC, Golar has transferred its remaining 4.1 million NFE shares to NFE, paid NFE $100 million in cash…
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