French tubular solutions supplier Vallourec has secured a major contract by Petrobras for the supply of Oil Country Tubular Goods (OCTG) products and services for its offshore operations from 2026 to 2029.The long-term agreement could generate total revenue of up to $1 billion…
The Norwegian Offshore Directorate (NOD) has provided more details about the recent oil discovery at OKEA-operated license in the North Sea, which is being considered for tie-back to the nearby Brage field.Norwegian oil and gas firm OKEA and…
Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 'strict' new rules in a bid to limit its environmental impact.The decision to extend…
Energy technology company Baker Hughes has secured a contract by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for Sakarya Gas Field Phase 3 in Black Sea…
Norwegian offshore supply vessel owner DOF Group has secured a contract award for moorings hook-up services in the Asia Pacific (APAC) region.The contract will use construction support vessel (CSV) Skandi Hercules with related mooring and subsea installation services…
Eastern Mediterranean focused gas producer Energean secured $4 billion worth of new Israeli gas offtake contracts in the first half of the year, the group said on Thursday, bringing its contract pipeline to $20 billion over the next two decades…
Offshore services firm Tekmar has secured a contract, worth more than $10 million, to supply advanced subsea cable protection systems for an offshore energy project in the United Arab Emirates.The contract, awarded by major international Engineering…
Construction has started on the operations and maintenance (O&M) base for the 1.1 GW Inch Cape Offshore Wind Farm at Montrose Port in Angus, Scotland.The base will expand Inch Cape’s existing presence at Montrose, where its marine coordination center is already located…
Huisman has been awarded a contract from Hanwha Ocean for the design and construction of a 2,600 mt Leg Encircling Crane (LEC).The contract award follows the orders for two identical 2,600 mt Leg Encircling Cranes, destined for the wind turbine…
JERA Co. and the Government of Montenegro have signed of a Memorandum of Understanding (MoU), to explore the development of a liquefied natural gas (LNG) terminal and an associated gas-fired plant in the country. Through this strategic partnership…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6507/8-12 S in production license 124 B, operated by Equinor with 25.69% working interestOther partners in the license include Petoro with 36…
JERA Co. has signed a Letter of Intent (LOI) with Glenfarne to advance discussions about liquefied natural gas (LNG) offtake from the Alaska LNG Project.In June, JERA announced approximately 5.5 MTPA of LNG offtake from the U.S. Gulf Coast which allows flexible access to the global LNG market…
British gas producer Energean cut its annual production forecast for the second time in nearly four months on Thursday, hurt by the temporary suspension of production in Israel in June.Production for 2025 is now expected at 145,000 to 155,000 barrels of oil equivalent per day (boepd)…
Eco Wave Power launched its first U.S. wave energy project at the Port of Los Angeles, developed in collaboration with AltaSea and Shell Marine Renewable Energy (MRE).This project marks the first onshore wave energy installation in the U.S.…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
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