Singapore's Seatrium said Tuesday its subsidiary PPL Shipyard would soon receive a payment of around 968 million Singaporean dollars (around USD 713,7 million) from offshore drilling company Borr Drilling.PPL Shipyard in October 2022 reached…
Oilfield service provider Expro said Tuesday it had successfully completed a well cement placement project for an unnamed 'large international operator' in the U.S. Gulf of Mexico.Expro said it had delivered an inner-string cementing on a subsea…
Mexican state energy company Pemex and U.S. liquefied natural gas (LNG) company New Fortress Energy NFE.O have terminated a deal to develop potentially the country's first deepwater natural gas project that was signed a year ago, two sources with direct knowledge of the matter said…
Offshore transportation and installation contractor McDermott said Tuesday it had won a 'large' transportation and installation contract with India's Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project, located off the east coast of India…
Kosmos Energy said on Monday that the start-up of the BP-operated Greater Tortue Ahmeyim (GTA) gas project offshore Senegal and Mauritania could slip into the second quarter of 2024.BP last week said that the project was 90% complete and is expected to start production in the first quarter…
Denmark's green investment proposal valued at USD 1.3 billion for developing the country's first 500 MW utility-scale offshore wind energy project has received approval in principle from the Bangladesh government to carry out a detailed feasibility…
Rex International's subsidiary Lime Petroleum has entered into sale and purchase agreements with the Norwegian oil firms DNO and OKEA to acquire a stake in a Norwegian North Sea License containing the Brasse field, which is expected to start commercial production in 2027…
Oasis Marine, a company specializing in marine charging solutions, said Tuesday it had successfully transferred power through the Oasis Power Buoy to a Crew Transfer Vessel. 'This pioneering achievement paves the way for hybrid and fully electric vessels in offshore wind farms…
Energy expert and assurance provider DNV said Tuesday it had concluded Phase 1 of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector. 'The collaborative industry effort has…
AD Ports Group said Tuesday it had acquired offshore vessels from E-NAV, for around $200 million, to bolster offshore operations in the Middle East and Southeast Asia.According to AD Ports, the vessels make up a well-maintained, diversified fleet with an average age of around 9 years…
New Fortress Energy said Monday it had executed a definitive agreement to charter the Floating Storage and Regasification Unit (“FSRU”) Energos Winter from Brazil's Petrobras starting in December 2023. The FSRU Energos Winter will be immediately deployed to Terminal Gas Sul (“TGS”)…
Oilfield services players Halliburton and Oil States Industries have entered into a strategic collaboration that combines their technologies to provide deepwater managed pressure drilling (MPD) solutions.According to Halliburton, MPD provides…
Shell's finance chief said on Thursday the firm had exited a power purchase agreement (PPA) for the planned SouthCoast windfarm off the coast of Massachusetts, agreeing to pay a penalty rather than face rising costs for building the project…
Plexus Holdings has secured a rental contract award for Exact Adjustable Wellhead and Centric Mudline Suspension Equipment from oil and gas company Neptune Energy UK.The contract is for Adjustable Surface Wellhead Equipment and Mudline Tooling…
Oil and gas company BW Energy said Monday that its DHBSM-1 appraisal well has encountered commercial volumes of oil in the Hibiscus South satellite prospect, offshore Gabon.The company said it planned to return to the well to complete it as a production well in early 2024…
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