Italy-based subsea cable maker Prysmian Group together with subsea installation firm Asso.subsea, has signed a contract with RTE, Réseau de Transport d'Électricité, for the development of an export subsea power cable system for the Gruissan floating offshore wind farm located in Southern France…
ADNOC Drilling said on Monday it intended to list on the Abu Dhabi bourse, with its parent company Abu Dhabi National Oil Co (ADNOC) selling a minimum 7.5% stake in an initial public offering (IPO).This is the second public flotation of a company…
Oslo-listed offshore vessel operator DOF Subsea has secured a 6-month extension to a contract in Africa.The company said that the project, with an unnamed client and at an undisclosed location, would continue using the Skandi Seven throughout the extended duration…
Offshore drilling company Seadrill has moved a step closer to reaching bankruptcy emergence after the United States Bankruptcy Court for the Southern District of Texas approved the disclosure statement for the company's proposed plan of reorganization…
Energy industry services firm TechnipFMC said Friday it had sold a 9.9% stake in Technip Energies to Hal Investments for €196.2 million (~$233 million).Technip Energies was created in February 2021 after TechnipFMC completed its spin-off transaction to create two independent…
Oslo-listed oil and gas company BW Energy's recently announced offshore oil discovery in Dussafu Block in Gabon is smaller than expected.The company in August said it had discovered oil in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block…
Chinese national offshore oil and gas company CNOOC has started production from its Bozhong 26-3 oil field expansion project in the south of Bohai Sea, The field is located in an area with an average water depth of around 21 meters. 'In addition to fully utilizing the existing processing facilities…
Heerema Marine Contractors' giant semi-submersible crane vessel Sleipnir has lifted and installed the first new topside for TotalEnergies' Tyra redevelopment in the Danish North Sea.Noreco, TotalEnergies' partner in the project, shared the photos of the installation via social media on Tuesday…
Indonesian oil and gas regulator SKK Migas has approved the Plan of Development (POD) for the Ubadari gas field and Vorwata Carbon Capture Utilization and Storage (CCUS) project, as the next stage of development at the Tangguh LNG project in Papua Barat…
Offshore helicopter transportation company CHC has said it has completed the acquisition of Babcock International’s offshore oil and gas aviation business. The acquisition, first announced in March, will increase CHC's offshore crew transportation…
The Biden administration announced plans on Tuesday to open millions of acres for oil and gas exploration as the White House sought to comply with a court order requiring it to resume lease auctions.The move, which includes some 80 million…
Energy firm Kistos on Wednesday said the initial results of an appraisal well at its block in the Dutch North Sea were better than expected with CEO describing the result as 'extremely positive.' The company also announced a wind farm investment deal…
Near-term prospects for the deepwater sector are excellent. That’s the conclusion of an in-depth market analysis of the floating production market just completed by IMA/WER in the August 2021 Floating Production Systems Report.Asked what is driving the positive sentiment…
Big Roll Beaufort heavy transportation vessel, loaded with topsides destined for TotalEnergies' Tyra Phase 2 development off Denmark, reached the Danish North Sea on Sunday morning after a long journey from Singapore.Singapore's offshore platform…
Qatar Petroleum (QP) has set the term price for al-Shaheen crude cargoes loading in October at $2.62 a barrel above Dubai quotes, the lowest premium in two months, several trade sources said on Wednesday.The price was set after QP sold three cargoes via a tender at premiums ranging from $2 to $2…
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