Valaris has completed a two-well workover and completion campaign for BP offshore Trinidad, with its VALARIS 249 jack-up rig finishing the program nearly 17 days ahead of schedule.The company credited the performance of the VALARIS 249 crew for delivering the campaign safely…
Dutch lifting equipment specialist Huisman has secured a contract from CIMC Raffles Offshore to supply lifting and handling systems for a next-generation deepwater offshore installation vessel being built for a joint venture between Solstad Offshore and SBM Offshore…
Offshore drilling contractor Odfjell Drilling has returned to service its Deepsea Atlantic rig semi-submersible rig following an equipment handling incident in April that left the unit off hire for 106 days.The company said the rig resumed operations…
Uniper has signed a long-term agreement to purchase 2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Canada's proposed Ksi Lisims LNG project, marking the first major long-term LNG supply arrangement between Canada and Germany…
Dragon Oil, Carlyle Group, Energean and Artemis Energy are among the groups expected to bid this week for assets in BP's West Nile Delta natural gas development off Egypt, three sources familiar with the sale process said.British oil major BP…
BC Ventures, a 50/50 joint venture between Borr Drilling and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up drilling rigs from Fontis Finance for $287 million, expanding…
Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, expanding its international portfolio with a pre-final investment decision oil development that includes more than 200 million barrels of oil equivalent of estimated recoverable resources…
Eni and TotalEnergies have taken a final investment decision (FID) to develop the Cronos gas field offshore Cyprus, paving the way for the country's first gas project and creating a new liquefied natural gas (LNG) export route to Europe via existing infrastructure in Egypt…
KOIL Energy has secured its first contract in Brazil for subsea umbilical maintenance services, marking the company's entry into the world's largest deepwater offshore market.The contract covers the re-termination and testing of subsea umbilical components…
Saipem has confirmed the completion of a key offshore installation campaign for the Neptun Deep natural gas project in Romania, marking another milestone in the development of what is expected to become the European Union's largest offshore gas project…
Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.Egypt is looking to bolster domestic energy production that…
PALFINGER has secured a contract from Smulders to supply 64 davit cranes for the East Anglia TWO offshore wind farm in the UK, extending its presence in one of Europe's largest offshore wind markets.The order covers one PF 160-5m davit crane for each of the project's 64 wind turbines…
ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply…
Croatian oil and gas company INA, part of MOL Group, has completed the Ana-4 DIR gas well in the northern Adriatic Sea, the first of five new wells planned under a $74 million (€65 million) drilling program aimed at expanding gas production offshore Croatia…
Norway's combined oil and gas production exceeded an official forecast by 3% in June, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
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