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Eni, Sonatrach Agree on Increased Gas Supplies from Algeria to Italy through Transmed Pipeline

Apr 12, 2022

Italian oil and gas company Eni has signed an agreement with the Algerian Sonatrach to allow Eni to increase the quantities of gas imported to Italy through the TransMed / Enrico Mattei pipeline.The deal to increase the gas flows, under the…

TotalEnergies Taps IKM Testing For Tyra II Testing Services

Apr 07, 2022

TotalEnergies Denmark has awarded IKM Testing AS a contract on the Tyra Redevelopment Project offshore Denmark. The award includes topside nitrogen helium leak testing and commissioning during the hook-up of seven new Tyra II platforms. In addition…

Odfjell Drilling Names New CEO

Mar 31, 2022

Norwegian offshore drilling company Odfjell Drilling has appointed Kjetil Gjersdal as its new CEO, following the company's split with its Odfjell Technology spin-off which started trading on the Oslo Stock Exchange on Tuesday.'With his 22 years’…

SBM Offshore Divests 45% Stake in Brazil-bound FPSO Alexandre de Gusmão

Mar 23, 2022

Dutch FPSO leasing company SBM Offshore has divested a 45% stake in the under-construction FPSO Alexandre de Gusmão, bound to be deployed at Petrobras Mero field offshore Brazil'SBM Offshore is pleased to announce that it has entered into a…

Saipem Nets $150M Coral Sul FLNG Maintenance Contract

Apr 07, 2022

Italian oilfield services company Saipem will be providing maintenance services for the floating facility Coral Sul FLNG  for liquefied natural gas offshore Mozambique, under a contract awarded by the Coral FLNG S.A consortium.The Coral FLNG…

MTC, Partners Win Bid to Supply FPSO for Medco's Project Offshore Indonesia

Apr 13, 2022

Malaysian engineering company MTC has said it has, as part of a consortium, secured the bid to deliver an FPSO for Medco Energi's Forel field in South Natuna Block B, offshore Indonesia. A consortium consisting of MTC Engineering, PT Hanochem Tiaka Samudera…

Report: PetroRio Close to Buying Petrobras Albacora Leste Offshore Field

Apr 01, 2022

Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two sources with knowledge of the matter told Reuters, though talks around the neighboring Albacora field are proving more complex…

W&T Offshore In Bolt-on Purchase of Producing Assets in Shallow-water Gulf of Mexico

Apr 05, 2022

U.S. oil company W&T Offshore said Tuesday it had acquired the remaining working interests in the oil and gas producing properties in the U.S. Gulf of Mexico bought earlier this year from an undisclosed private seller.The assets are located…

Greece to Speed Up Gas Exploration Projects to Help Replace Russian Gas

Apr 12, 2022

Greece will speed up gas exploration projects in concert with private investors, its prime minister said on Tuesday, as it cuts its reliance on Russian energy and looks to become an energy hub in Europe.Russia's invasion of Ukraine and fears…

Petrobras: Marlim Oil Field Cluster No Longer for Sale

Apr 05, 2022

Brazil state-run oil company Petrobras said on Monday its executive management had approved the closing of the competitive process for a 50% stake in Marlim oil field, confirming that the cluster is no longer for sale.'Considering the alignment…

After Pavo Success, Santos Gearing Up to Start Drilling at Apus-1 Well Offshore W. Australia

Apr 04, 2022

Australian oil and gas company Santos has mobilized the Noble Tom Prosser jack-up drilling rig to the Apus-1 well location offshore W. Australia, with the drilling operations set to start within a week.The rig recently completed drilling the successful Pavo-1 well…

Workers Evacuated after Fire Breaks Out on North Sea FPSO

Apr 04, 2022

A fire broke out in a store room at the Petrojarl Foinaven, located at BP's Foinaven field, west of Shetland, on Saturday, prompting an evacuation of non-essential staff, BP has confirmed to Offshore Engineer.'BP is working with [Petrojarl Foinaven]…

Swedish Floating Wind Tech Firm Sets Up Greek JV

Apr 11, 2022

Hexicon, a Swedish twin floating wind turbine technology company, has set up a joint venture in Greece with the local company EAMAA.'This is a first step to start the development of floating offshore wind projects off the coast of Greece. A…

Ithaca Buys North Sea Rival Siccar Point Ahead of IPO

Apr 07, 2022

Israeli energy conglomerate Delek Group said on Thursday its North Sea subsidiary Ithaca has acquired private equity-backed Siccar Point Energy for $1.1 billion [plus contingent payments totaling a maximum of USD 360 million].The acquisition…

Argos Gets Offshore License Extension in Falkand Islands

Apr 11, 2022

Falkland Islands-focused oil and gas exploration company Argos Resources said Monday that the Falkland Islands government has extended the second term of the company's PL001 offshore license.The license, which would have expired on May 2, 2022…

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