Oil and gas company BW Energy has signed a sale and leaseback agreement with a Minsheng Financial Leasing (MSFL) for the MaBoMo production facility on the Dussafu license, offshore Gabon.The agreement will provide $150 million of gross sales…
Offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with a North Sea operator for operations in the UK Continental Shelf.The company did not disclose the name of the client, revealing…
Brazilian state-run oil company Petrobras said on Monday that its crude oil production during the first quarter rose 4.4% compared to the same period last year.Petrobras pumped 2.24 million barrels per day (bpd) in the period, the firm said in a statement…
Connector Subsea Solutions announced it has hired Martyn Conroy as its new group business development director.'With his extensive experience in driving revenue growth and fostering client relationships, Martyn brings a wealth of expertise to the company…
Dutch offshore contractor Allseas informs it has secured the contract to perform transport and installation (T&I) of two major substations (so called OSS) for the Gennaker offshore wind farm in the German Baltic Sea, developed by transmission operator 50Hertz…
Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.The contract, effective from February 21…
Specialist wind turbine services provider RTS Wind has secured two extensive framework agreements for the provision of blade services for offshore wind developer Ørsted.The two five-year framework agreements will see RTS Wind support Ørsted’s long-term blade care and maintenance campaigns…
Philippine petroleum company PXP Energy Corp will take part in a government auction of energy reserves in the country's western and southern waters that are not claimed by China, its chairman said on Monday.PXP Energy holds the rights to explore Reed Bank in the South China Sea…
Namibia's national oil company has signed a development deal with Chevron that will see the U.S. oil major take an 80% operating working interest in an offshore block in the Walvis Basin, it said on Monday.The farm-out agreement with Chevron…
The Norwegian Offshore Directorate has granted Equinor Energy a drilling permit for two wildcat wells in the North Sea.The approval is for wells 35/10-14 S and 35/10-14 A in production license 1185, valid until February 2029.Equinor is the operator of the license…
One of the largest offshore oil discoveries in Western Australia, the Dorado Project, has made ‘significant’ progress towards towards the Final Investment Decision (FID)-ready target for the end of 2024, set by Dorado joint venture partners Santos…
The operational occurrence which has temporarily impacted the commissioning of the Tyra Redevelopment Project (Tyra II) has pushed the planned ramp-up of the facilities to full capacity for one month.An operational occurrence related to the…
BP, as the operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development in the Caspian Sea, has kicked off planned maintenance (turnaround - TAR) works on the Deepwater Gunashli platform.In accordance with the plan, production from…
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator…
<br _moz_dirty='' />Unique Group has evolved its technology offer to the subsea space mightily in its three decades of business, collaborating with its global clientele to develop and deliver solutions that maximize efficiency, cost-effectiveness and safety…
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