The Norwegian Offshore Directorate (NOD) has issued a ‘challenge’ for the industry to have another go at Victoria discovery, one of the largest remaining gas discoveries in the Norwegian Sea, as the innovations within hydraulic fracturing now…
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year…
French oil major TotalEnergies will sign a final investment decision (FID) on Tuesday for a more than $10 billion offshore oil and gas development in Suriname, the South American country's first, said four sources with knowledge of the project…
As part of its LNG growth strategy, Swiss-based MET Group has reached a partnership agreement with Celsius to build its first LNG vessel, scheduled for delivery in 2027.The LNG carrier will be constructed by China Merchants Heavy Industry (Jiangsu)…
German company TÜV Rheinland has acquired Safetec, a risk management consulting company in Norway active across oil and gas, renewables, and maritime sectors.Safetec’s operations will complement the existing risk, safety and integrity management…
Skyborn Renewables, a Global Infrastructure Partners (GIP) portfolio company, has completed the acquisition of a 50% stake in the Revolution Wind and South Fork Wind projects from U.S. utility Eversource Energy, becoming a joint venture partner in the offshore wind farms with Ørsted…
Danish offshore wind installation firm Cadeler has signed contracts with Equinor and Polenergia for the installation of turbines at 1440 MW Bałtyk 2 and Bałtyk 3 offshore wind farms in the Polish Baltic Sea.The total potential value of these…
Danish wind turbine maker Vestas has signed a conditional turbine order agreement with Inch Cape Offshore, an equal joint venture between ESB and Red Rock Renewables, for the 1.1 GW Inch Cape offshore wind project in Scotland.The agreement is for the supply…
ADNOC Drilling, SLB and Patterson-UTI have created a joint venture dubbed Turnwell Industries to accelerate the 144-well drilling campaign as part of unconventional oil and gas exploration program in Abu Dhabi, set for delivery by the fourth quarter of 2025…
TGS, a global provider of energy data and intelligence, has signed a strategic partnership with Aker BP contributing to digitalize the operations of the Yggdrasil oil and gas area.This agreement builds on the ongoing collaboration between the…
McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 project in Mozambique.The project is a joint venture between ExxonMobil Development Africa…
Specialist provider of offshore support services Interocean Marine Services has become one of the first companies to receive American Bureuau of Shipping (ABS) and DNV approval for Ultrasonic Thickness Measurements (UTM) by use of drones on mobile offshore units…
Strong confidence in the offshore vessel market has seen orders placed in the previous market upcycle re-activated to take advantage of renewed investor interest, according to a new report from Maritime Strategies International (MSI).In its…
Van Oord has successfully completed the construction of the floating storage and regasification unit (FSRU) jetty at Wilhelmshaven in Germany for its client Deutsche Energy Terminal (DET).The project was managed by FSRU Wilhelmshaven, a joint venture between ENGIE and TES…
BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the onshore repair of the second transformer for Tyra II is progressing well, with full technical capacity of Denmark’s largest offshore…