Norwegian offshore energy engineering and construction company Aker Solutions said Wednesday it had secured a sizeable contract from Equinor to deliver the subsea production system for the Halten East development, offshore Norway.Aker Solutions defines a sizeable contract as being between NOK 0…
Offshore accommodation company Prosafe has secured a firm contract with the Brazilian oil company Petrobras to provide the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil.The contract has a firm period commitment…
Norwegian oil firm Equinor and Halten East partners Vår Energi, Spirit Energy, and Petoro have decided to invest around NOK 9 billion (around $937,5 million) to develop the area near the Åsgard field in the Norwegian Sea.The area consists of…
Danish offshore vessel owner Maersk Supply Service said Wednesday it had won a long-term contract with ExxonMobil in Angola.The contract is for the provision of project management, engineering, and marine services in support of the development…
Woodside Energy Group, Australia's top independent natural gas producer, sees liquefied natural gas (LNG) prices staying high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion.'With the invasion…
Norwegian marine equipment and technology firm Kongsberg Maritime has signed a contract worth around EUR 28 million (~$29,9 million) with Chinese shipbuilder COSCO Shipping (Qidong) Offshore to deliver a technology package for an F-Class, Foundation…
UAE-based shipbuilder Drydocks World has signed a contract with Malaysian FPSO specialist Yinson to upgrade, refurbish, and convert a floating production storage and offloading (FPSO) vessel, which is planned to be deployed at Enauta's Atlanta field offshore Brazil…
Norwegian oil and gas company Equinor has made an oil discovery at the Snøfonn Nord exploration well in the Johan Castberg area in the Barents Sea, off Norway.According to Vår Energi, Equinor's partner in the license, the exploration well, in PL 532…
Offshore Design Engineering Ltd (ODE) has been selected by ERM Dolphyn to provide topside FEED support to the commercial demonstration phase of the ERM Dolphyn (Deepwater Offshore Local HYdrogeN) project in the UK.The ERM Dolphyn project seeks…
The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the summer demand peak.The dynamics of the LNG market for…
Israel's NewMed Energy [formerly known as Delek Drilling] on Monday said it was moving forward with the development of the Aphrodite natural gas field offshore Cyprus and reported a drop in quarterly profit as new tax regulations took effect…
UK-based offshore wind turbine installation firm Seajacks, owned by Eneti, has revealed the names of the two next-gen offshore wind turbine installation vessels (WTIV) ordered last year by Eneti.The two new NG-160000X vessels will be known as Nessie and Siren…
Singapore-based offshore vessel owner MEO Group has ordered five new crew boats, as part of a fleet rejuvenation programThe company ordered the vessels from Singapore's Penguin Shipyard International. Based on Penguin's proprietary Flex-42X and Flex-40X designs…
Australian oil and gas company Karoon Energy has terminated the exclusivity agreement previously entered into with the Brazilian oil firm Enauta, for the potential acquisition of a 50% interest in Enauta's Atlanta oil field, offshore Brazil…
Dutch marine survey services firm Fugro is back on the water for Atlantic Shores Offshore Wind off the U.S. east coast, conducting a third year of integrated site characterisation services for the New Jersey-based offshore wind farm developer…
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