Oil and gas company Energean has entered into a binding agreement for the sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners for an enterprise value of up to $945 million, of which $820 million is firm…
Ørsted has installed the first 11 MW offshore wind turbine at Borkum Riffgrund 3 project, set to be the largest offshore wind farm in Germany upon completion.Borkum Riffgrund 3’s first wind turbine was installed by the installation vessel Seaway Ventus from Seaway7…
Abu Dhabi Future Energy Company (Masdar) has reached a definitive agreement with GEK TERNA and other shareholders to acquire Greece’s Terna Energy in a $3.44 billion (€3.2 billion) deal, representing one of Europe’s biggest renewable energy transactions in 2024…
Norwegian Ministry of Energy has offered four new exploration licenses for CO2 storage on the Norwegian continental shelf to Equinor, Vår Energi, OMV (Norge), Lime Petroleum, Aker BP and PGNIG Upstream Norway.All four offered licenses are in the North Sea…
Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…
UK oil and gas company Perenco has brought online the Tchendo 2 mobile offshore production unit (MOPU), bringing energy independence to Likouala, Emeraude and PNGF fields offshore Congo.Tchendo 2 is a former drilling rig successfully converted into a MOPU by Dixstone…
The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has left the shipyard in China and is currently on its way to Brazil, to be deployed at Petrobras’ Jubarte field, located in the Campos Basin…
Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector…
Dutch thermoplastic composite pipe (TCP) technology company Strohm has secured $21.4 million ($20 million) investment from SENCO Hydrogen Capital, aimed at boosting its growth trajectory focused on hydrogen and carbon capture utilization and storage (CCUS) applications…
Inyanga Marine Energy Group and Verdant Morlais (VML) have signed a memorandum of understanding (MoU) to deliver a 4.9 MW tidal stream energy project at Morlais tidal energy zone, off Wales.The project will take place in a berth close to the…
Ocean services provider DeepOcean has secured frame agreements with Woodside Energy's Senegalese subsidiary to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field, offshore Senegal, West Africa.The scope of work includes project management…
Equinor has drilled a dry wildcat well in the Snøras prospect, located in the Barents Sea, offshore Norway.The well, 7220/2-2, drilled by the Transocean Enabler rig, is located in production license 1080, which was awarded in the Awards in Predefined Area (APA) in 2020…
German oil and gas company Wintershall Dea has made a discovery of gas, condensate and oil in an exploration well next to the Vega field in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The Cuvette discovery was made in production license 248…
Brazilian state-run oil company Petrobras has signed an agreement with the Rio de Janeiro state government to study a potential offshore wind power pilot project, the firm said on Tuesday in a securities filing.(Reuters - Reporting by Luana Maria Benedito; Editing by Kylie Madry)
The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry…