Qatari national oil and gas company QatarEnergy has agreed to buy working interests in two offshore exploration blocks on the Egyptian side of the Red Sea from Shell. QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4.Block…
Oil and gas company Energean, working to develop the Karish gas field offshore Israel, has signed an EPC contract with process engineering business Kanfa for the supply of a second, 700-tonne oil train for the Energean Power FPSO, which is currently under construction in Singapore…
Norwegian subsea services company Reach Subsea said Monday it had secured a contract in the U.S. Gulf of Mexico for end of 2021 and 2022 execution, representing about 230 project days.The project, with an unnamed client, involves the support…
Norwegian oil company Aker BP on Monday said it had awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner (around $49 million).The contracts, awarded to Aker Solutions, ABB…
The conviction of Ziad Akle, a former Unaoil executive jailed last year for bribery, has been quashed and the UK Serious Fraud Office (SFO) was accused of a 'serious failure' in a damning judgment by London's Court of Appeal.Senior judges refused an SFO request for a retrial for the 46-year-old…
CoastWise Offshore Services' crew transfer vessel was christened Friday at Next Generation Shipyards in Lauwersoog, the Netherlands.The vessel, named 'COS Master' will be operated by CoastWise Offshore Services for the transport of personnel and material to and from…
Offshore wind turbine maker Siemens Gamesa said Friday that its giant 14MW SG 14-222 DD offshore wind turbine prototype had started delivering power to the grid. The prototype has been installed in Østerild, Denmark.'We are excited to announce…
Seaway 7, a subsidiary of Subsea 7 focused on the offshore renewable energy industry, has this week confirmed the award of a 'sizeable' contract in Taiwan. For Seaway 7, sizeable contracts are worth between $50 million and $150 million.The contract…
A Fugro-led consortium has secured a grant from Dutch Government’s Netherlands Enterprise Agency for the development of methanol as a low-carbon shipping fuel.The MENENS (Methanol as Energy Step Towards Emission-free Dutch Shipping) consortium has 22 partners…
Offshore helicopter giant Bristow Group said Friday it had completed an offshore revenue flight using sustainable aviation fuel (SAF).The company said that the operation marked one of the first SAF-powered flights to an offshore operation in the UK Continental Shelf (UKCS)…
A consortium of ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with the Republic of Cyprus for the offshore Block 5 located southwest of the island.This is QatarEnergy’s second exploration block in the Republic of Cyprus…
NHV Group, a company specializing in offshore helicopter transportation, has informed that Mike Gislam, the current Managing Director of NHV Helicopters Ltd is to take up the position of Chief Operations Officer of the NHV Group with immediate effect…
Norway's power production surplus is expected to fall significantly by 2026, with the south of the country moving into deficit owing to rapidly increasing demand, power grid operator Statnett said on Friday.Power demand in Norway is expected to grow to 158 terawatt-hours (TWh) by 2026…
U.S. oil and gas company Talos Energy on Thursday said that two representatives of Apollo Global Management and one of the two representatives of Riverstone Holdings have resigned from the Company's Board of Directors. Talos said that Olivia C…
Japan's industry ministry said on Friday it had launched a public auction to select an operator for the 356 megawatt (MW) offshore wind power project in Happo-Noshiro, off Akita prefecture in northern Japan.The Happo-Noshiro area was selected…
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