The Abu Dhabi National Oil Company (ADNOC) said Monday it had signed framework agreements worth up to $1 billion for Concept and Front-End Engineering Design (FEED) services for major projects across its full value chain.The framework agreements…
China's state-run offshore oil and gas explorer and producer CNOOC said Monday it had started production from its Luda 6-2 oil field ahead of schedule.Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with an average water depth of about 30 meters…
Norwegian subsea support vessel operator said DOF Subsea said Monday it had won several contracts awards in the Asia Pacific region.According to DOF Subsea, the contracts provide 'significant' utilization for resources and vessels in Q3 and…
German renewables giant RWE has decided to reorganize its renewables businesses to better meet its growth targets in the area of renewable energies. It said Monday that Anja-Isabel Dotzenrath, RWE Renewables CEO, has opted to leave the company…
Offshore cable maker Nexans has extended the charter for Havila Shipping's Havila Phoenix subsea construction vessel.The extension is for a period of 100 days, with further options for 40 days. The contract will keep Havila Phoenix working for Nexans up to February 2022…
Norwegian offshore shipping firm Solstad Offshore has secured a contract extension with Equinor for its Normand Ferking vessel.The extension will see the anchor handling vessel stay with Equinor for another year, to November 2022. Equinor has…
Canadian-based firm Frontera Energy and CGX Energy have started drilling at the Kawa-1 exploration well, offshore Guyana, using Maersk Drilling's Maersk Discoverer semi-submersible drilling rig. Also, the firms have exercised the option to drill a second well with the rig…
Japanese utility Kansai Electric Power Co Inc and German utility RWE have agreed to jointly study the feasibility of a large-scale floating wind project off the Japanese coast, the companies said on Monday.Japan's offshore power market is expected…
The Biden administration on Friday slapped sanctions on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, but opponents of the nearly-completed project said the measures would not stop it.The sanctions were imposed on ship Ostap Sheremeta…
Oil major Chevron Corp has begun requiring some employees to receive COVID-19 vaccinations and is evaluating mandates throughout its entire workforce, the Wall Street Journal reported on Monday citing people familiar with the matter.Chevron is now requiring expatriate employees…
One person died and five went missing after a fire broke out Sunday on a Pemex offshore platform in the Campeche Bay, Mexico.The fire broke out at the E-Ku-A2 platform at Pemex's Ku-Maloob-Zaap oil field at 3:10 pm Sunday and was brought under control an hour later…
ExxonMobil is taking more time to nominate the prospect target for the second exploration well on the Kaieteur Block, offshore Guyana, its partners in the project said.Westmount Energy, an indirect partner in the block on Monday cited Ration Petroleum…
North Star Renewables, a North Star Shipping subsidiary established earlier this year to target offshore wind business opportunities, said Monday it had finalized a funding package of £96 million (around $131 million) to build its new renewables vessel fleet…
Neptune Energy-operated Duva offshore development in Norway has started production, making it Neptune’s third major project to come onstream in 2021 after following Gjøa P1 in Norway in February and Merakes in Indonesia in April. Located in the North Sea off Norway…
There are only 15 km (9 miles) left to finish the Nord Stream 2 gas pipeline from Russia to Germany that bypasses Ukraine, Russian President Vladimir Putin said on Friday.The $11 billion project doubling the capacity of the first Nord Stream…
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