France's first commercial-scale offshore wind farm started operating on Wednesday, adding 480 megawatts of capacity to the grid at a time when Europe is scrambling to secure energy supplies following Russia's invasion of Ukraine. The Saint-Nazaire wind farm…
China-based CIMC’s Asset Management Company has secured three-year contract extensions for two jack-up drilling rigs in Mexico.The rigs, Gulf Driller VI and Gulf Driller VIII , will continue working for the Mexican national oil company Pemex…
Aquadrill, formerly Seadrill Partners, has agreed to supply its Capella drillship for a four-well firm contract, plus two priced and three mutually agreed upon optional wells, for operations in Indonesia.The firm part of the contract is expected to have a total value of about $138 million…
Dutch offshore survey firm Fugro has won two geotechnical survey contracts for the development of the Dutch IJmuiden Ver Site V-VI, Nederwiek (zuid) Site I and Hollandse Kust (west) Site VIII offshore wind zones.This is the Netherlands Enterprise…
The Norwegian oil company Equinor said on Tuesday it is evaluating the impact of Britain's windfall tax on its oil and gas projects, including the giant Rosebank development. 'The British government's decision last week to raise the windfall…
Oil and gas company Talos Energy has extended the contract for the Helix Producer I floating production vessel in the U.S. Gulf of Mexico. According to Helix Energy Solutions Group, the vessel owner, the contract has been extended for one year the term…
Oil major Shell has spudded the Pensacola well in the UK North Sea, Deltic Energy, Shell's partner in the offshore license, has informed.Graham Swindells, Chief Executive of Deltic Energy, said: 'We are excited to have commenced the well operations…
Equinor has awarded Aibel a contract to modify and prepare the Aasta Hansteen platform offshore Norway for integration with the Irpa gas field (formerly Asterix).Equinor on Tuesday filed a plan for development and operation (PDO) for the Irpa…
Engineering firm Wood said it has been appointed integrated services partner by Centrica Storage for the company’s U.K. Southern North Sea operations.The five-year contract includes the provision of engineering, procurement and construction solutions…
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production…
Saudi Arabian national oil company Saudi Aramco saod Tuedsay it had signed signed 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, including oilfield services majors Baker Hughes, Halliburton, SLB, and TechnipFMC…
VARD, a subsidiary of the Italian shipbuilding group Fincantieri, said it has won a contract worth approximately €200 million ($205.3 million) to design and build a new cable laying vessel for Prysmian Group.Scheduled for delivery in the first quarter of 2025…
Britain's competition watchdog said on Tuesday that U.S.-listed oilfield services firm Baker Hughes Co's acquisition of Altus Intervention could reduce competition among UK oil and gas operators.The Competition and Markets Authority (CMA) said…
Oslo-listed subsea services company Reach Subsea said Tuesday it had signed a conditional letter of agreement for a significant project in West Africa, through which Reach Subsea will be a subcontractor to 'a major tier-one contractor. 'The…
U.S.-based firm New Fortress Energy Inc. said Tuesday it had finalized agreements with Mexico’s state-owned oil company Pemex, to develop and operate an integrated upstream and natural gas liquefaction project to develop the Lakach deepwater gas field off Veracruz in Southeastern Mexico…
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