Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…
Shelf Drilling, an Oslo-listed offshore drilling services firm, has obtained a two-year contract extension for the Noble Sam Turner jack-up rig, which is a direct continuation of its present contract in Denmark.The contract has been secured by way of a priced option exercise by the customer…
Radix Engineering and Software has closed a R$49 million (~$9.5 million) contract with Petrobras in Brazil to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. The contract will create 50 new jobs.Radix…
Norway's center-left government said on Thursday it planned to raise taxes on the country's oil and gas industry by 2 billion Norwegian crowns ($191 million) in 2023 by partly reversing an incentive package introduced during the coronavirus pandemic…
Offshore drilling company Noble Corporation has completed the sale of five jack-up drilling rigs, the Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble, to Shelf Drilling for $375 million.The…
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem…
Germany's BKA federal police assumes explosions in the Nord Stream pipelines last week were 'a targeted act of sabotage' and said it is probable that state actors were involved, the Spiegel weekly reported, citing a letter to industry representatives…
QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine…
Labour union Unite Scotland said on Wednesday that more than 300 offshore drilling and contract maintenance workers employed by companies including Maersk and Odfjell have backed a strike action in the UK.The Unite union said the industrial…
The Norwegian Petroleum Directorate said that two companies were on Wednesday offered exploration permits for CO2 storage in an acreage in the Norwegian part of the North Sea.'An announcement regarding this acreage was made in April this year…
Offshore installation services company Subsea 7 said Wednesday that its heavy construction/flex-lay vessel Seven Arctic would be equipped with a new energy-saving system. The new energy-saving and storage system will hybridise the vessel which…
Oilfield services firm Petrofac has officially taken over operatorship of the Northern Endeavour FPSO on behalf of the Australian Government, following the decommissioning contract award earlier this year.The Northern Endeavour FPSO is currently moored between the Laminaria and Corallina oil fields…
UK-based Manor Marine has recently launched an offshore wind farm service vessel being built for Mainprize Offshore.With lifting assistance from Ainscough Crane Hire, Manor Marine launched the Mainprize Offshore Ltd vessel MO8 into the water in the last week of September…
One of President Vladimir Putin's top allies said on Wednesday that the sabotage of the Nord Stream offshore gas pipelines resembled the U.S. Central Intelligence Agency-backed attacks on oil infrastructure in Nicaragua in 1983.Nord Stream 1 and Nord Stream 2 offshore gas pipelines…
CorPower Ocean, a Sweden-based developer of wave energy converters, and Danish offshore vessel owner Maersk Supply Service have installed a 6.2km subsea export cable off the coast of northern Portugal to energize CorPower Ocean's HiWave-5 Project…
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