Norwegian subsea services company Reach Subsea has exercised the option to charter the subsea support and construction vessel Olympic Triton vessel for three years plus two yearly options, including the six months charter announced in February…
Offshore oil and gas services firm Stork has won a five-year contract, plus five one-year extension options with UK-based oil and gas firm Harbour Energy. The contract extends Stork’s asset integrity services in the North Sea on Harbour Energy’s Armada…
India's state-run Oil and Natural Gas Corp said oil output from the Sakhalin-1 project in Russia has bounced back to its plateau level of about 200,000 barrels per day (bpd) from zero, according to a company presentation.ONGC hopes to reclaim…
French oil major TotalEnergies, operator of OML130 offshore license in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years.Located 150 kilometers off the Nigerian coast, the OML130…
Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…
Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it…
Offshore installation services company Allseas has won a contract to transport two 2GW converter platforms for the BalWin1 and BalWin2 offshore grid connection systems in the German North Sea.The contract, awarded by Dragados Offshore, is for…
EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW.Principle Power is specialized in the design…
A Chinese research ship and five escort vessels were in Vietnam's exclusive economic zone (EEZ) on Friday, close to gas blocks operated by Russian firms in the South China Sea, a day after Vietnam urged the ships to leave.The Chinese vessel…
TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major's greenhouse gas emissions program after police intervened to stop climate protesters disrupting its annual general meeting. The resolution…
Australian gas producer Santos Ltd said on Thursday it was categorically rejecting the allegations of human rights violations at its Barossa Gas project, Darwin LNG Life Extension project and Narrabri Gas project.The company said some of its…
China-based Wison Offshore & Marine has awarded NOV's APL a contract to supply a Submerged Swivel and Yoke (SSY) system for deployment in shallow waters offshore West Africa.APL said the SSY would be used as a mooring and gas export solution…
Malaysia's Anti-Corruption Commission (MACC) on Friday said it is investigating allegations of corruption involving state oil firm Petronas and an international oil and gas company.Petronas has cooperated fully with the commission in the investigation…
South Korea-based power cable supplier LS Cable & System on Thursday signed a subsea cable supplier agreement with offshore wind developer Ørsted for Ørsted’s Greater Changhua 2b and 4 offshore wind projects in Taiwan.The 920MW projects Changua 2b and 5…
Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta…
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