Norway's Kongsberg Maritime has secured a NOK 300 million ($30,2 million) contract with Pelagic Wind Services to supply advanced vessel design and equipment for two new CSOVs to be built at Cochin Shipyard in India.The CSOVs will be built to Kongsberg Maritime’s UT 5519 HL design…
Italian energy industry services firm Saipem said Wednesday it had secured new offshore drilling contracts, three in the Middle East and two in West Africa, worth around $800 million in total. In the Middle East, two new contracts have been awarded for two high-specification jack-up drilling units…
European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.Gas prices…
TMC, the company that describes itself as an explorer of the world’s largest estimated undeveloped source of critical battery metals, said Monday that its subsidiary NORI and offshore partner Allseas had successfully concluded the first integrated…
India's Prime Minister Narendra Modi has inaugurated ONGC's U-field Onshore facilities of the KG-DWN-98/2 deepwater block, situated in Odalarevu, Andhra Pradesh, India.The event, in which the Prime Minister dedicated the onshore facilities to the nation…
UK-based AIS has acquired its compatriot CRP Subsea (ex-Trelleborg Offshore UK) to expand its subsea offering.CRP Subsea specializes in polymer and syntactic foam-based buoyancy and protection products for the offshore renewables and oil and gas industries…
U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil and state-owned energy company Pertamina on carbon capture…
The Italian oil and gas company Eni, the operator of the the Coral South project offshore Mozambique, said Monday that the first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, had departed from the Coral Sul FLNG facility…
State-owned Japan Oil, Gas and Metals National Corp (JOGMEC) said on Monday it has been renamed Japan Organization for Metals and Energy Security and will provide equity investment to back the production and storage of hydrogen and ammonia. The…
Jack-up rig specialist Shelf Drilling said Monday it had secured a five-year contract for the Harvey H. Ward jack-up rig for operations in the Arabian Gulf.The firm period contract value, including mobilization fee, is roughly USD 192 million…
First power was produced from the first turbine at Equinor's floating wind farm Hywind Tampen in the Norwegian part fo the North Sea. The milestone was achieved at 12:55 CET on November 13. The power was delivered to the Gullfaks A platform in the North Sea…
British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries to find ways to repair the country's public finances, sources said on Saturday.The…
Dutch FPSO systems provider SBM Offshore said Thursday it had signed a memorandum of understanding with ExxonMobil for the supply of another FPSO in Guyana.'The company recently placed an order for a seventh Fast4Ward MPF hull. The construction…
Dutch-Norwegian floating solar farm developer SolarDuck said Friday it would build the world´s largest hybrid offshore floating solar power plant at the offshore wind farm Hollandse Kust West VII in the Netherlands, following the winning bid of RWE´s subsidiary Oranje Wind Power II…
U.S. oil company ConocoPhillips and China's CNOOC have recently announced the start of the Penglai offshore wind farm pilot project, aimed at harnessing wind power to supply power to the Penglai oil field. This is China’s largest offshore oil…
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