Subsea Integration Alliance has won a 'substantial' subsea tie-back contract from BP and its joint venture partner Wintershall Dea for the Raven Infills Project offshore Egypt. The Raven field is a stage of BP's major West Nile Delta (WND)…
BP expects to pay $1 billion under Britain's windfall tax on the oil and gas sector between May 2022 and April 2023, the company said on Tuesday.BP paid a total of $650 million in tax in Britain in the first quarter of 2023, of which $300 million came under the Energy Price Levy (EPL)…
TotalEnergies, Sonangol, and Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), have signed a heads of agreement related to the future development of the Cameia and Golfinho fields, located on Blocks 20 and 21 in the Kwanza basin, offshore Angola…
Belgium-based offshore wind installation services firm DEME Offshore said Wednesday it had secured three contracts for the Dieppe Le Tréport offshore wind farm in France. DEME said the combined contracts represented a ‘large’ contract, which…
Denmark's Orsted, the world's No. 1 offshore wind farm developer, on Wednesday reported first-quarter operating profit in line with expectations, and confirmed its full-year guidance given earlier in the year. First-quarter earnings before interest…
French oil major TotalEnergies, in agreement with its partners ENI and QatarEnergy, announced on Tuesday that they signed a firm contract with Transocean to hire the drilling rig that will drill an exploration well on Block 9 offshore Lebanon…
TechnipFMC announced Tuesday it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited to supply the subsea production system for the Uaru project offshore Guyana.The award covers 44 subsea trees and associated tooling…
Specialist Marine Consultants (SMC) has won a with RWE to deliver Offshore Resources and Services for the duration of the Sofia offshore wind farm's offshore construction, starting in 2023.The work scope includes a range of services, including…
The Kremlin on Tuesday called for the investigation into the blasts of Russia-designed Nord Stream gas pipelines to be speeded up and any results to be published. In September 2022, several unexplained underwater explosions ruptured the Nord…
Offshore installation firm Seajacks UK Limited, a subsidiary of Eneti, has won a contract with an undisclosed customer in northwest Europe, Eneti said Tuesday.The contract starts in the fourth quarter of 2023, and is for between 90 and 145 days…
Subsea services company Reach Subsea said Tuesday it had secured a five-month contract with an unnamed 'major renewable energy company,' for delivery of offshore wind-related services.The subsea vessel Deep Cygnus will be utilized on the project…
BP BP.L made a profit of $5 billion in the first quarter of 2023, up from the previous three months on the back of strong oil and gas trading, but the company's shares fell as it slowed a share buyback program.BP's results, which beat forecasts…
Malaysia-based FPSO supplier Yinson Production has ordered a submerged turbine solution from Framo, for regenerating energy from the waste cooling water flowing from offshore installations.Framo said Yinson was the first to opt for its technology…
Kongsberg Digital said Tuesday it had 'significantly' increased its investment in FutureOn, a Norwegian software company that provides cloud-based digital transformation tools for the offshore energy industry.'The value propositions of FutureOn and Kongsberg Digital are highly complementary…
Oil company LLOG Exploration Offshore has awarded a subsea installation contract to Subsea 7 as part of its Salamanca development project in the U.S. Gulf of Mexico.The Salamanca development project includes the Leon and Castile offshore oil fields…
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