Abu Dhabi National Oil Company (ADNOC) said on Tuesday it had signed a $10 billion gas infrastructure deal with a consortium of investors, while its chief executive told Reuters the company would keep a tight lid on costs amid low oil prices…
Jan De Nul Group last week completed the offshore Trianel Windpark Borkum II (TWBII) project in the German North Sea.'All 32 Wind Turbine Generators (WTG) have been installed and mechanically completed,' Jan de Nul said last Friday.Jan De Nul…
Offshore wind turbine maker MHI Vestas Offshore Wind will source high voltage switchgear from within Taiwan, in support of offshore wind projects the company will be supplying wind turbines for.MHI Vestas Offshore Wind said Tuesday it had finalized…
South Korean shipbuilding firm Daewoo Shipbuilding and Marine Engineering (DSME) has earlier this month delivered a floating storage regasification unit (FSRU) to Excelerate Energy.The FSRU, named the Excelerate Sequoia, is Excelerate Energy's tenth FSRU vessel…
Engineering and construction firm KBR Inc will exit most of its liquefied natural gas (LNG) construction and other energy projects, it told investors and employees, as customers pull back on energy investments.The company will refocus on government contracts and technology businesses…
Spanish renewable energy giant Iberdrola has struck a deal giving it an option to acquire stakes in up to eight offshore wind projects in Sweden.Iberdrola has signed the agreement with the renewables company Svea Vind Offshore AB (SVO) for the…
Malaysian national oil company Petronas is in talks to finalize a deal with an energy rich province to settle a dispute over the payment of sales tax, a lawyer for the company said on Tuesday.Petronas had been fighting Sarawak state's demand…
Dutch offshore survey company Fugro has said it has completed the Middle East’s first fully autonomous geophysical shallow-water route survey. Controlled from the remote operations center in Abu Dhabi, an uncrewed surface vessel (USV) captured…
Australian oil and gas company Woodside has reiterated that its $4.2 billion Sangomar project offshore Senegal, is still on track to produce first oil in 2023.The company was responding to media reports stating that Senegal has been forced to…
The UK-based provider of ROV services to the offshore energy industry has opened a new office and operational base in Edinburgh, Scotland to serve its current portfolio of offshore renewable and energy projects renewable and energy projects…
Woodside Petroleum's Chief Executive Peter Coleman said the Australian firm aims to play a decisive role in Chevron Corp's plan to sell a stake in the North West Shelf (NWS) project, operated and co-owned by Woodside.Chevron last week put its…
Keppel Corporation has launched arbitration proceedings against offshore drilling company Awilco Drilling over the latter's recent move to terminate a semi-submersible rig construction contract worth about $425 million.Awilco earlier in June…
Norwegian oil and gas company Equinor has awarded oilfield services provider Technip two contracts and a letter of intent worth up to NOK 1.8 billion ($187,1 million).Under the contracts and the letter of intent, TechnipFMC will provide pipelaying…
Dutch offshore installation specialist Heerema Marine Contractors will transport and install Dana Petroleum's P11-Unity platform, under a contract awarded by HSM Offshore.Heerema will use the Sleipnir, the world's largest semi-submersible crane vessel…
Russian oil company Lukoil has kicked off drilling operations at the Shirotno-Rakushechnaya prospect structure, in the Caspian Sea.The well is located to the north of the V.I. Grayfer field, and sits in a water depth of 5 meters. Lukoil is using the Astra offshore rig…
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