QatarEnergy has entered into a 20-year sale and purchase agreement with Petronet LNG for the supply of 7.5 million tons per annum (MTPA) of liquefied natural gas (LNG) destined to the Republic of India.Pursuant the terms of the sale and purchase agreement (SPA)…
AGR, part of Oslo-listed marine consultancy ABL Group, has been awarded a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf.Under the framework agreement…
Dutch company Fugro has secured the geophysical survey contract for the development of the Doordewind offshore wind farm zone in the Netherlands.The Doordewind project, led by the Netherlands Enterprise Agency (RVO), is part of the Dutch Government’s Offshore Wind Energy Roadmap 2030…
Norwegian marine seismic services firm Shearwater GeoServices has been selected by the Oil and Natural Gas Corporation (ONGC) for an ocean bottom node (OBN) survey off the coast of India.This work, expected to last for six months, will showcase…
Norway-based Axess Group has signed a long-term inspection contract with MODEC for FPSO Léopold Sédar Senghor that will be deployed at Sangomar field offshore Senegal.The contract follows the completion of several baseline surveys in China and Singapore during the construction phase…
Eidesvik Offshore, a Norwegian offshore vessel owner, has signed a ship management contract extension with DEME for construction support vessel (CSV) Viking Neptun.The three-year extension also includes a two-year option for further extension…
Oslo-listed offshore vessel owner Siem Offshore has secured long-term contracts with Helix Energy Solutions for two of its Siem Helix well intervention vessels.The contracts, valued at a total of $682 million, follow the letter of intent the companies announced in November 2023…
Offshore drilling company Valaris has started drilling the first of eight gas development wells at Woodside’s Scarborough project offshore Australia.The 2012-built rig, VALARIS DPS-1, has been employed for the assignment. It’s of F&G ExD Millenium…
BP reported on Tuesday fourth-quarter earnings of $3 billion, exceeding forecasts thanks to strong gas trading, as the energy company increased the pace of its share repurchases.The quarterly results lifted the energy giant's 2023 profit to $13…
Thai oil and gas giant PTT Exploration and Production (PTTEP) has signed a memorandum of understanding (MoU) with Mahidol University to advance the development of carbon capture and storage (CCS) technologies and skills in Thailand.The MoU was…
Thistle Wind Partners (TWP), a consortium involving DEME, Qair and Aspiravi, has submitted the onshore scoping report for its Ayre Offshore Wind Farm to The Highland Council.TWP’s Ayre project, located to the east of Orkney, will be a 1 GW floating wind farm…
UK North Sea-focused oil company Serica Energy has set out plans to drill four wells in the Triton area, along will well work on the Bruce and Keith fields as part of its investment program for 2024.Serica is planning an ‘ambitious program’…
Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the coast of Orkney through a combination of wave power and subsea energy storage. The $2.5 million (£2million) demonstrator initiative…
Chevron on Friday beat analysts' earnings estimates and increased dividends on higher oil and gas production, after a year of sharply lower profits on missteps and charges.Shares were up 2% in morning trading after the company beat analysts'…
Britain's Shell and Trinidad's National Gas Company (NGC) will pay Venezuela no less than 45% of gross revenues from the Dragon gas production project off Venezuela's coast, according to license terms published on Saturday.In December, Venezuela…