Akastor's subsidiary DDW Offshore has won a one-year contract with Petrofac for the AHTS vessel Skandi Atlantic. The AHTS will support the disconnection of the FPSO 'Northern Endeavour' together with towing and well isolations work in the Laminaria Corallina oil fields in the West Timor Sea…
Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa…
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday.Though the initial amount to be delivered is relatively small…
Offshore engineering and construction firm McDermott International said Tuesday that it secured a 'significant' contract with TotalEnergies EP Angola Block 17/06. McDermott defines a significant contract as between USD $250 million and $500 million…
Italy's commissioner for the set up of a new regasification terminal is confident the infrastructure could get the green light by the end of October, in time for extending the country's LNG capacity at the beginning of 2023.Under the government's energy plan…
Exxon Mobil Corp is uncertain whether it will bid for new offshore areas Guyana wants to explore, a person close to the matter said, as the oil major ramps up production faster than expected and the South American country wrestles with fixing terms of new oil leases…
Vaar Energi's Balder X oil and gas project will cost $1.2 billion more than previously expected with petroleum output delayed by about nine months to the third quarter of 2024, the company said on Monday, sending its shares sharply lower.The changes reflect increased work scope…
Oilfield services giant TechnipFMC said Wednesday it had secured a significant contract with the oil major TotalEnergies for its Lapa North East field in the pre-salt Santos Basin offshore Brazil. For TechnipFMC, a “significant” contract is between $75 million and $250 million…
UK-based oil and gas company Tailwind Energy has started production from its Evelyn field in the North Sea, a tie-back development connected to Dana Petroleum's Triton FPSO via a subsea production line and umbilical services line.Evelyn is located in licence P…
FPSO-leasing specialist BW Offshore has secured a short-term contract extension for its Petroleo Nautipa FPSO.The contract will see production extended from September 20 to October 4, 2022, ahead of demobilization. The spread-moored FPSO has…
Asia Pacific-focused oil and gas company Jadestone Energy has yet to restart production from its Montara Venture FPSO, off Australia, following a shutdown in August. The company said Monday it was 'not in a position to provide guidance on a possible Montara production restart date…
Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…
Brazil's state-run oil company Petrobras has said it's ending a process to sell its Albacora concession, located in deep waters of the Campos Basin.Petrobras had been negotiating with PetroRio over the sale of the field. However, it says 'despite the efforts of both parties…
Companies in the renewables energy business have set out to determine whether a green ammonia floating production vessel can be deployed on certain offshore wind locations.Norway-based H2Carrier AS, developer of the unique P2XFloater concept…
Guyana could bank about $1.25 billion this year from the sale of oil as its share of offshore production and royalties, up 30% from a prior estimate, the government's finance ministry said over the weekend. Historically one of South America's poorest nations…
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