BW Energy has increased recoverable reserves estimates for the Hibiscus field, offshore Gabon, following the recent oil discovery on the northern flank of the field.BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well…
South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the nation that is one of the world's largest energy importers.The possibility…
Esgian provides an update on rig sales and the shrinking pool of vintage semisubs in its Week 22 Rig Analytics Market Roundup.Report SummaryContractsNoble Corporation has secured a new well intervention contract with Harbour Energy in UK waters of the North Sea for the 350-ft jackup Noble Resilient…
Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April…
U.S.-based engineering company Bardex has won the 39th Annual Woelfel Best Mechanical Engineering Achievement Award for its Off Vessel Tensioning (OVT) BarLatch mooring system.The American Society of Mechanical Engineers (ASME) confers the prestigious award to recognize a product…
Solstad Offshore’s Normand Navigator subsea vessel has arrived to Norway for the mobilization of remotely operated vehicles (ROVs) ahead of its new assignment.The mobilization of ROV’s from Omega Subsea Robotics is currently ongoing at Husøy (Karmøy) in Norway…
Electromagnetic Geoservices (EMGS) has entered into several agreements with Equinor and partners for fully pre-funded multi-client survey acquisitions in the Barents Sea.The combined contracts have a total value of approximately $3.4 million…
Brazilian oil and gas company Enauta has concluded the maintenance operation on a floating production, storage, and offloading (FPSO) vessel operating at Atlanta field, offshore Brazil.The five-day maintenance operation was conducted on the FPSO Petrojarl I…
The production of new cables with a voltage of 525 kV, intended for the BalWin4 and LanWin1 offshore wind grid connection projects, has started at LS Cable’s facilities in South Korea.The start of production at LS Cable in South Korea’s Donghae…
RWE and Smålandshamnar, which operates the Swedish Port of Oskarshamn, have signed a memorandum of understanding (MoU) to explore whether the port could serve as the offshore wind hub.The collaboration will assess if the port could be a suitable harbor for the logistics…
Italian offshore energy services firm Saipem has signed a long-term charter contract with Chinese state-owned port and naval machinery manufacturer ZPMC for the JSD6000, a latest generation ship for offshore heavy lifting, construction and pipelaying…
Saudi Arabian state-owned oil and gas giant Aramco has competed the acquisition of a 40% equity stake in Gas & Oil Pakistan (GO).GO is a diversified downstream fuels, lubricants and retail store operator in Pakistan with a network of more than 1…
OEG Renewables (OEGR), a subsidiary of OEG Energy Group, and Sojitz Machinery Corporation (SOMAC) have signed a memorandum of understanding (MoU) for the provision of pre-construction, operations and maintenance (O&M) and vessel services to offshore wind projects in Japan…
A Trinidad and Tobago court order has granted ConocoPhillips the right to enforce a $1.33 billion claim against Venezuela for past expropriations, a decision that could complicate proposed offshore gas ventures between Trinidad and Venezuela…
Dutch-Norwegian floating solar company SolarDuck has opened an office in Tokyo, strengthening its commitment to the Japanese market and wider Asia Pacific region.The regional office will oversee business development activities over the entire Asia Pacific region…
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