Norwegian energy company Equinor has signed a contract with Skanska for building site preparation and the construction of jetty facilities for the CO2 receiving terminal in Norway, as part of the Northern Lights carbon capture and storage project…
Shell’s Deepwater business has selected Bentley Systems' digital twin solutions to streamline its capital projects process and accelerate time to first oil.Bentley Systems said that Shell, with a plan to deliver several subsea tie-back projects over the next 10 years…
UK-focused offshore oil and gas firm Hurricane Energy said Wednesday that Alan Parsley had resigned from his position as Non-Executive director.Parsley, 76, appointed in 2020 as a Kerogen Capital nominee director, is a geologist with over 50 years’ experience in the oil and gas industry…
Offshore drilling company Transocean expects its two ultra-deepwater drillships under construction in Singapore to cost it $2,25 billion in total, more than a double on the original order price.Transocean first ordered the drillships - now named…
U.S. oil company LLOG has chartered a Transocean drilling rig for the drilling of wells at the Shenandoah project in the Gulf of Mexico.The news was announced on Thursday by Navitas, LLOG's partner in the project (PDF in Hebrew), who said the contract was for four development wells…
Jack-up drilling company Borr Drilling has started talks with creditors and shipyards to defer certain payments and is looking to sell some modern drilling rigs to boost its liquidity. The company has said it has executed a company-wide cost…
NaiKun Wind Energy company has entered into an agreement to sell the NaiKun Offshore Wind Farm - a project in early stages of development - located in the Hecate Strait off the coast of British Columbia, Canada to Northland Power.NaiKun said Monday that Northland…
Denmark-based fund management company Copenhagen Infrastructure Partners (CIP) has reached financial close on the 589MW offshore wind project (OWF), Changfang and Xidao project off the coast of Changhua County, Taiwan.CIP has reached financial…
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy…
Oilfield services company Schlumberger announced Thursday that its subsea arm has received a contract from Chevron to provide an integrated subsea production and multiphase boosting system for the deepwater Anchor field in the US Gulf of Mexico…
Wison Offshore & Marine (WOM), the upstream oil and gas division of Chinese conglomerate Wison Group Holding, announced the fabrication of Arctic LNG 2 Project (ALNG2 Project) commenced in Zhoushan Yard.The module fabrication contract was awarded by Technip France S…
US-based LLOG has ordered subsea trees designed for pressures up to 20,000 pounds per square inch (psi) for its deepwater Shenandoah development in the US Gulf of Mexico.The subsea trees, ordered from TechnipFMC on Tuesday, mark the first material…
Following a few years of low oil prices and a drop in rig utilization rates, drillers remain focused on ways to improve operational efficiency and safety.Many of the improvements to rigs are evolutionary, such as automation, remote control and sensing…
MHI Vestas Offshore Wind, a joint venture between Vestas Wind Systems A/S and Mitsubishi Heavy Industries, has been selected as the preferred supplier for the Groix & Belle-Île floating offshore wind project in France.At a royal signing ceremony today in Paris…
Trendsetter Engineering has been awarded a contract for the design, qualification and delivery of a 20,000 psi (20K) hydraulic intervention connector by HWCG, the Houston-based oil and gas service company announced.HWCG is a consortium of deepwater…
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