Amogy, Skansi Offshore, and SEAM have entered into a Memorandum of Understanding (MoU) to investigate potential technology collaboration in the field of ammonia application, with the common goal of decarbonizing the offshore support vessel industry…
Norwegian offshore engineering and construction firm Aker Solutions said Friday it had won a sizeable contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana. Aker Solutions defines a sizeable contract as between NOK 0…
QatarEnergy has awarded Technip Energies-led joint venture with Consolidated Contractors Company (CCC), a $10 billion engineering, procurement, construction, and commissioning contract for the onshore facilities of the North Field South Project (NFS)…
Italian offshore engineering and construction firm Saipem has won two new offshore contracts in the North Sea and the Black Sea, worth $850 million in total.One contract is for an Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea…
TotalEnergies has awarded two 4D seismic survey contracts to Shearwater covering the Laggan, Tormore, and Edradour offshore gas fields, west of Shetland, in the UK.TotalEnergies might also extend the contract to include the Glenlivet field survey…
Offshore drilling contractor Noble Corporation has secured a $500 million contract with Brazil's Petrobras for the ultra-deepwater drillship Noble Faye Kozack.The contract for the drilling at the BM-S-11 and Tupi fields offshore Brazil, has a firm duration of 2…
Oil producer Enquest said on Tuesday it signed an agreement with Petronas to produce additional gas from the Seligi field in Malaysia through existing infrastructure until the end of 2025. The deal is expected to increase EnQuest's gas production by around 25 million standard cubic feet per day…
Brazilian oil company Petro Rio said Tuesday it had found evidence of oil in the Maracanã prospect (3-PRIO-1-RJS well), which is located 6km southwest of Valente FPSO (ex-Frade FPSO).The primary target (Eocene sandstone), presented a column of 36 meters of oil…
BNP Paribas, France's largest bank, will no longer provide any financing dedicated to the development of new oil and gas fields, and it reiterated it targets an 80% cut of its oil exploration financing by 2030. 'BNP Paribas no longer provides…
Brazilian oil firm Petrobras said Monday that the FPSO Anna Nery started production on Sunday, May 7, 2023, in the Campos Basin.The FPSO is part of the revitalization project of the Marlim and Voador fields, which will produce the post-salt reservoirs and Brava…
Delhi High Court has upheld the ruling of an arbitration panel favoring Reliance Industries and its foreign partners in a dispute over gas migration from fields operated by state-owned Oil and Natural Gas Corp Ltd, a court order shows. The oil…
Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…
Cyprus and Israel are in talks over the construction of a pipeline linking their offshore gas fields, Cyprus's energy minister said on Monday.But George Papanastasiou appeared to play down prospects for an 'EastMed' pipeline taking eastern Mediterranean gas to continental Europe…
UK-based energy company Viaro Energy said Thursday that following approval from the UK North Sea Transition Authority (“NSTA”), all conditions have been met to complete the farm-in agreement with Hartshead Resources Ltd., as announced on April 5…
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies…
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