Cyprus and international energy companies led by Chevron have agreed to extend talks on how to develop its Aphrodite offshore gas field amid progress in negotiations, its energy minister said on Friday.'It is not a new negotiating round, it's…
Aker Solutions, SLB, and Subsea 7 have closed the previously proposed transaction to create a subsea joint venture.The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time…
BASF, which has said it is seeking an exit from its energy business Wintershall Dea, has attracted deal interest from companies including TotalEnergies and Equinor for the oil and gas unit, German newspaper Handelsblatt reported on Monday.BASF CEO Martin Brudermueller…
Italian oil and gas firm Eni said Monday it had made a significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, about 85 km off the coast of East Kalimantan in Indonesia. 'Preliminary estimates indicate a…
Offshore installation services company Jan De Nul has ordered an extra-large cable-laying ship with an 'unrivaled' cable-carrying capacity from China's CMHI Haimen shipyard.The vessel, to be named Fleeming Jenkin, will have a cable-carrying capacity of 28…
Offshore drilling firm Shelf Drilling has secured a two-well contract extension for the Shelf Drilling Fortress jack-up rig. The rig is on a contract with China's CNOOC, operating in the UK North Sea, at the Golden Eagle offshore oil field.The…
Integrated Wind Solutions' subsidiary, IWS Fleet AS, has agreed with the shipyard China Merchants Industry Holdings to postpone equity yard installments of a total of 36 million euros on IWS Seawalker, IWS Starwalker, IWS Moonwalker, and IWS Sunwalker offshore wind service vessels up to one year…
The Biden administration on Friday unveiled a plan to phase down oil and gas auctions in federal waters with the release of a long-awaited leasing schedule that includes a maximum of three sales in the Gulf of Mexico through 2029.The Interior…
A UK-based trade body representing companies operating in the UK subsea sector, Global Underwater Hub (GUH), received a visit from King Charles on Friday, September 29.GUH said it had provided King Charles with a tour of its premises in Westhill on the outskirts of Aberdeen…
Oilfield services giant Baker Hughes said Friday it had secured two 'major' contracts from the Norwegian oil and gas company Vår Energi.The first contract, a nine-year engagement, is for well intervention. In addition to the interventions scope…
Dutch and British wholesale gas prices fell on Friday morning as Norwegian pipeline supplies picked up after some maintenance outages ended.The Dutch October contract edged down by 0.68 euro to 38.95 euros per megawatt hour (MWh) by 0820 GMT…
Dutch King Willem-Alexander has officially inaugurated the offshore wind farm Hollandse Kust Zuid in the Dutch sector of the North Sea.To mark the occasion the king celebrated the completion of Vattenfall’s largest offshore wind farm to date together with executives of Vattenfall…
Mammoet has informed it has completed the assembly of its PTC210-DS ring crane, one of the largest in its fleet, in Rotterdam for a heavy-lift project for GustoMSC.The giant 210,000tm crane, which has a maximum lift capacity of 3,200t, will…
The Norwegian Petroleum Directorate said Friday it had received applications from four companies with proposed acreage for storing CO2 in the North Sea, offshore Norway.While the applications came from four companies, NPD said it had received two applications…
Danish power cable maker NKT has been awarded a combination of five on- and offshore power cable projects embedded in a long-term framework agreement by the German transmission system operator 50Hertz.According to NKT, with a combined value of about 3…
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