Oil major Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSCs), for offshore blocks EG-06 and EG-11 in Equatorial Guinea, representing a $2 billion investment.Situated in close…
The Norwegian Offshore Directorate (NOD) has issued a permit to operator Equinor to drill another exploration well in the Heisenberg Discovery, offshore Norway.The permit has been issued for the 35/10-13 S exploration well in the production license 827 SB…
Norwegian offshore vessel operator DOF Group has secured two long-term contracts with Petrobras for its Pipelay Support Vessel (PLSV) and the Anchor Handling Support vessel (AHTS).The Brazilian built and flagged PLSV Skandi Niterói is awarded a three-year firm plus option contract…
Danish firm Cadeler has signed a contract with Inch Cape Offshore for the installation of 72 offshore wind turbines, each rated at 15 MW, at the Inch Cape Offshore Wind Farm in the North Sea.The work will be done with one of the newbuild M-class wind turbine installation vessels…
Masirah Oil, a majority-owned subsidiary of Rex International, has completed the multi-well campaign at Yumna field offshore Oman.Masirah Oil said the multi-well program at the field in Block 50 concession has been completed ahead of the 90-day schedule and below budget…
Esgian provides an update on exploration drilling in its Week 25 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesOslo-listed BlueNord announced on Monday the start-up of drilling operations on the Harald East Middle Jurassic well (HEMJ) in the Danish North Sea…
Innovation in the offshore energy sector is in Balmoral’s DNA. From the OTC show floor in Houston, Gary Yeoman discusses recent project wins and milestones in both the offshore oil and gas plus wind sectors, including the Rosebank Project and Hornsea 3.
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) on Friday announced its approval of Ørsted’s construction and operations plan (COP) for the Sunrise Wind project, marking the final approval needed from the federal…
Oil major TotalEnergies and utility EnBW won a 2.5 gigawatt (GW) German offshore wind site auction that fetched $3.2 billion, the country's energy regulator said on Friday, marking a plunge in price from last year.The auction of two plots in the North Sea…
Floating wind startup Aikido Technologies announced the close of its over-subscribed $4 million Series Seed investment round. The financing was led by Azolla Ventures with participation from Propeller Ventures, Sabanci Climate Ventures, Cisco Foundation…
Boskalis’ cable-laying barge Giant 7 has started the installation of the second and final nearshore export cable for the 700 MW offshore wind farm Hollandse Kust (west Beta), being built offshore the Netherlands.The works on the second cable follow the successful installation of the first…
Norway-based Deep Wind Offshore has been awarded rights to develop a GW-scale offshore wind site Saare 2.1 in Estonia.The Baltic countries have agreed to open areas for offshore wind production for a total capacity of 20 GW within 2030, with Estonia setting the pace…
Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets in Egypt, Italy and Croatia for up to $945 million, the companies said on Thursday…
U.S. firm Fulcrum LNG was selected to help Guyana develop a plan to design, finance, construct and operate a natural gas processing facility in the South American country, President Irfaan Ali said on Thursday.The company's proposal was selected from among 17 submitted to Guyana for the gas project…
U.S.-based subsea services and technology firm Oceaneering International has secured a contract to supply an electro-hydraulic, steel tube dynamic umbilical for a project in the Gulf of Mexico.The name of the client was not disclosed, but Oceaneering…
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