Fugro has signed a joint development agreement with autonomous vessel technology firm L3 ASV to create the next generation of autonomous vessels for the commercial survey market.The partnership brings together the expertise of both companies…
Global energy sector supplier NKT has confirmed turnkey order for Moray East offshore wind farm project.'NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East…
Norwegian shipping company Golar LNG Partners is deploying a floating storage and regasification unit (FSRU) to Jamaica for up to 15 years from the fourth quarter of 2018.'FSRU Golar Freeze will shortly arrive offshore Jamaica where she will…
North Sea operator Serica Energy has struck a deal with commodities giant BHP Billiton to up its stakes in two North Sea fields, taking it above 90 per cent ownership of the assets.Under the a sale and purchase agreement (SPA), Serica UK will acquire a 16…
Norway’s Uptime International has entered into two new contracts with compatriot vessel provider Island Offshore.'Island Clipper has secured a three-year agreement with Equinor as combined PSV and walk to work vessel. The vessel will be equipped with battery package…
Norwegian shipping company GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV Polar Queen for a fixed period of four months with options to extend by up to one month.A press note from the…
Turkey will not allow the exploitation of gas reserves in Turkish and north Cypriot waters of the eastern Mediterranean, President Tayyip Erdogan said on Sunday.The eastern Mediterranean is believed to be rich in natural gas, and attempts to…
Denmark-based cable supplier NKT said it has received a letter of award from Norway's Equinor to supply and install a cable system of 200 kilometers of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in the Norwegian North Sea…
Singapore-headquartered subsea services business Kreuz Subsea and Indian consortium partner Seamec Ltd completed the mobilization of the Kreuz Glorious vessel to commence a two-year project with India’s Oil & Natural Gas Corporation (ONGC).The…
Seven remaining wells are expected to be online at Libya's Bahr Essalam offshore gas field by the end of the year, the Libyan National Oil Corporation (NOC) said in a statement on Sunday.The statement came after a meeting between NOC Chairman Mustafa Sanalla and Eni CEO Claudio Descalzi…
Abu Dhabi-based offshore oil and gas Industries service provider Zakher Marine International (ZMI) announced the conclusion of a first-of-its-kind financing in the shipping industry worth $125 million.It is the first China Export and Credit Insurance Corporation…
Changes to the petroleum resource rent tax (PRRT) announced today by the Commonwealth must be assessed carefully by Australia’s oil and gas industry, said the Australian Petroleum Production & Exploration Association (APPEA).“Attracting investment…
First power from the floating wind farm project offshore Kincardineshire, Scotland began flowing in September, clearing the way for the full 50 MW build-out of the project by 2020, Kincardine Offshore Windfarm Ltd. (KOWL) confirmed.Principle…
Technology and training organization 3T Energy Group has acquired Aberdeen-based Survivex, an offshore oil and gas training specialist.Global technology and training organisation said in a press release that it has become the UK’s largest energy sector training provider after acquiring Survivex…
The future of oil and gas exploration in Australia looks bright after new offshore petroleum exploration permits were awarded by the Government that could see more than $530 million invested over the next six years.Minister for Resources and…
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