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Prysmian Installs Export Cables for Eolmed Floating Wind Farm

May 30, 2024

Italian cable maker and installation services provider Prysmian has completed the installation of export cable for the 30 MW Eolmed floating wind farm, being built offshore France.Prysmian had secured this project in 2021 with a contract signed…

ConocoPhillips to Buy Marathon Oil in $22.5B Deal

May 30, 2024

Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil $22.5 billion, the latest in a series of mega-deals in the energy industry.The U.S. oil and gas industry has been riding a consolidation wave over…

PGS Good to Go on Petrobras’ 4D Survey Offshore Brazil

May 30, 2024

Norwegian seismic firm PGS has obtained all permits for the start of the large Petrobras’ 4D survey over the Barracuda Caratinga fields, offshore Brazil.The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has issued…

Woodside Gets $1B Loan to Fund Scarborough Gas Project

May 30, 2024

Australian oil and gas giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to support the development of Scarborough gas project offshore Australia.The loan agreement further strengthens Woodside’s balance sheet…

Subsea7 Secures Over $1.25B Contract for Work at Petrobras’ Buzios Field

May 30, 2024

Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil.The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning…

Oceaneering Tests AUV on Pipeline Inspection Pilot for TotalEnergies

May 29, 2024

TotalEnergies and Oceaneering International, Inc. have completed a pipeline inspection industrial pilot using a Freedom™ Autonomous Underwater Vehicle (AUV).The capabilities observed during the pilot delivered on the ambition of TotalEnergies…

Gall Thomson Confirms Known 2023 Marine Breakaway Couplings Activations

May 29, 2024

Gall Thomson has revealed there were 16 known activations of its Marine Breakaway Couplings during 2023. The activations occurred in nine different countries around the world.On each occasion, the Marine Breakaway Coupling (MBC) operated exactly as expected…

PetroChina Loads First Crude from UAE's Belbazem Field

May 29, 2024

PetroChina International 0857.HK said it has loaded 100,000 barrels of crude oil from the United Arab Emirates' offshore block Belbazem where parent company CNPC has a joint venture with Abu Dhabi National Oil Company (ADNOC).This is the first…

BP, Trinidad's NGC Receive US License for Gas Development with Venezuela

May 29, 2024

British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said on Wednesday…

BW Energy Appoints New CFO

May 29, 2024

Oil and gas company BW Energy has appointed Brice Morlot as Chief Financial Officer (CFO).Effective June 30, 2024, Morlot will succeed Knut R. Sæthre, who has been the CFO of BW Energy since 2019.Morlot brings extensive experience to the company…

Norway to Protect Nordland 6 Area from Drilling

May 29, 2024

Norway's centre-left government will not open the Arctic Nordland 6 waters for oil and gas exploration, the energy minister told parliament on Wednesday, maintaining a long-held policy of protecting the ecologically vulnerable area.The opposition…

Vestas Creates Wind Tech, Manufacturing and Supply Chain Role

May 29, 2024

Danish wind turbine maker Vestas has united its Technology organization (CTO) and Manufacturing and Global Procurement organization (COO) into one Technology and Operations Organization (CTOO) to strengthen its approach within delivery of wind energy solutions…

Yinson Production Refinances FPSO Anna Nery Through $1B Bond Placement

May 29, 2024

Yinson Production has placed $1.035 billion senior secured notes to refinance the floating, production, storage and offloading (FPSO) vessel Anna Nery, working for Petrobras in the Marlim field, offshore Brazil.The successful pricing of $1.035 billion 144A/Reg S non-recourse…

Salunda to Install Crew Hawk Monitoring Solution on Jack-Up in Middle East

May 29, 2024

Salunda, a provider of digitised solutions for safety critical industries, has secured a multi-year contract to install its ‘Crew Hawk’ Red Zone monitoring solution on a jack-up rig in the Middle East.The award marks the company’s first installation…

Huisman Inks Deepwater Crane Supply Deal with Malaysia’s Oilfield Services Firm

May 29, 2024

Dutch company Huisman has secured its first contract from Coastal International Marine, part of Malaysia-based oil and gas services company Coastal Contracts, for the supply of deepwater Knuckle Boom Crane.The Knuckle Boom Crane has a lifting…

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