Singapore's Keppel Offshore & Marine (KOM) has reached a joint resolution with the authorities in Brazil, in relation to the corrupt payments made by a former agent of Keppel Offshore & Marine in Brazil, which was previously announced in December 2017…
Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027…
Offshore installation specialist Jan De Nul Group said Tuesday that its flagship newbuild jack-up vessel, Voltaire, had left the COSCO Shipping Shipyard in China and was heading for Dubai.The vessel was delivered by the shipyard on December 15…
Finland-based marine engine and technology provider Wärtsilä will supply its hybrid propulsion system for four new heavy lift vessels being built at the Wuhu Shipyard in China. The ships are set to be delivered in 2025, and they will mostly be used to help set up wind farms…
Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…
The Crown Estate for England, Wales, and Northern Ireland has announced its first major investment in surveys to help with the construction of floating offshore wind farms in the Celtic Sea. 'The awarding of the first contracts marks an important…
Norway and France have signed a letter of intent to promote cooperation on the development and deployment of carbon capture and storage (CCS) as a way to help prevent global warming, the Norwegian energy ministry said on Monday. Major oil and…
Oilfield services provider Petrofac Ltd on Tuesday forecast an annual operating loss of about $100 million due to challenges in recovering costs in its engineering and construction (E&C) division. The group expects E&C, its largest division…
The floating liquefied natural gas (LNG) terminal chartered by Finland to replace Russian gas is scheduled to arrive at Inkoo port west of Helsinki on Dec. 26, Refinitiv Eikon data showed on Tuesday. Finland has agreed a 10-year charter for…
Norway's crude oil and gas output fell in November from the previous month, lagging official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output fell to 1.74 million barrels per day (bpd) in November…
UK North Sea oil producer Serica Energy has agreed to buy Tailwind Energy Investments Ltd ('Tailwind') from Tailwind Energy Holdings LLP.The consideration for the acquisition comprises the issue of up to 111,048,124 new ordinary shares in Serica…
Vattenfall and Metsähallitus have joined forces to build and run Finland's first major offshore wind farm. The project will be built at Korsnäs, off the west coast of Finland. It will have a capacity of 1.3 GW and could produce 5 TWh per year…
Eneti announced on Monday that its subsidiary Seajacks UK has signed a contract with an undisclosed client to transport and install offshore wind turbines for a project commencing in the first half of 2025.The contract will be performed by the…
Capricorn Energy's third-biggest shareholder, Palliser, on Monday called for a general meeting to set a vote on removing seven Capricorn directors from supervisory roles, including the CEO, a plan Capricorn rejects.Palliser is one of a chorus…
Offshore oil and gas regulator Canada-Newfoundland and Labrador Offshore Petroleum Board has laid charges against oil company Suncor in relation to alleged offenses related to a December 29, 2019 worker injury onboard the Terra Nova FPSO.On Sunday evening…
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