Senegalese President Bassirou Diomaye Faye said on Saturday the West African country planned to renegotiate its oil contracts, saying it could have negotiated better on the contracts.Faye, who defeated the ruling coalition candidate in a landslide election victory in March…
Egypt is considering adding a new Floating Storage Regasification Unit (FSRU) to its port facilities at Ain Sokhna to increase import capacity, according to a petroleum ministry statement.The ministry is also considering adjusting Egypt's two…
Danish offshore wind installation firm Cadeler has signed a preferred supplier agreement to secure vessel capacity with an undisclosed client, to transport and install offshore wind turbines.The installation campaign is due to commence in 2029 for an undisclosed client and project…
Prysmian's Monna Lisa vessel, being build by Vard, has reached Norway for final outfitting, installation of main mission equipment and trials, before becoming fully operational in 2025.The 171-meter-long cable laying vessel (CLV) arrived to Norway after travelling 4…
NKT has signed framework agreement with Scottish transmission system operator (TSO) SSEN Transmission for the supply of power cable systems for two high-voltage direct current (HVDC) transmission links in Scotland.NKT confirmed reservation of…
Kuwait Petroleum Corporation (KPC) said on Sunday it had made a 'giant' oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil reserves estimated at 3.2 billion barrels.KPC's CEO Sheikh Nawaf Saud Nasir Al-Sabah…
Italian offshore energy services firm Saipem has secured work two offshore projects in Saudi Arabia, under the existing long-term contract with Saudi state-owned oil and gas giant Saudi Aramco.Saipem’s scope of work under the first project involves the engineering…
Esgian provides an update on rig activity and discoveries in its Week 28 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Equinor consent for exploration drilling in blocks 32/4 and 32/7 in the North Sea…
Singaporean rig- and shipbuilder Seatrium has tapped the American Bureau of Shipping (ABS) to class a pair of floating production storage and offloading units (FPSO) being built for Brazil's state-owned Petrobras, the classification society announced…
Offshore Frontier Solutions Pte. Ltd., a MODEC Group company has placed a new contract with Miko Marine AS, of Norway, for the supply of sea inlet covers to be carried aboard its new floating production storage and offloading unit (FPSO).The FPSO…
The ADIPEC 2024 Technical Conference has received a record 5,977 submissions, a 16% increase over last year, with major submission growth seen in the AI and Digital Transformation and Energy Transition and Decarbonization categories, and increased submissions from African and Arab states…
Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.The new projects…
China’s state-owned ZPMC Qidong Marine Engineering has launched the bow section of the P-82 floating production storage and offloading (FPSO) unit, being built by Seatrium for Petrobras’ Búzios field offshore Brazil.The bow section of the N1151 (P-82) FPSO…
American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Nantong Pengrui Offshore Technology and COSCO Shipping Shipyard (Nantong) for its novel design of an offshore access gangway.The motion compensated, active and passive…
Eneco, Ocean Winds, and Otary have formed a strategic partnership to jointly compete in the tender for the offshore wind Princess Elisabeth concessions in Belgium.The consortium, subject to all required regulatory and competition approvals,…
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