Turkish state energy company Botas and British oil major Shell signed a 10-year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said.'A total of 40 LNG cargoes of approximately 4 billion cubic meters will be delivered…
Norwegian offshore vessel operator DOF Group has secured a contract for subsea decommissioning services in the Asia-Pacific (APAC) region.The contract award includes project management, engineering, logistics support and execution of decommissioning activities utilizing Skandi Hercules vessel…
Archer Well Services has entered into a global-exclusive license agreement with Raptor Data to boost its well integrity and plugging and abandonment (P&A) offering.The partnership integrates Raptor's advanced wireless acoustic telemetry technologies…
Vattenfall has decided to pause the development of the offshore wind power project Swedish Kriegers Flak until further notice, due to unviable investment prerequisites in Sweden. Swedish Kriegers Flak, located about 30 km south of Trelleborg…
Danish subsea cable and services firm NKT, in close collaboration with SSEN Transmission, has completed the turnkey project of connecting the Shetland Islands to the main grid in Scotland with the Shetland HVDC Link.The 320 kV HVDC interconnector…
Energy company Vattenfall and steel producer Salzgitter have signed a power purchase agreement (PPA) for the supply of clean power from the Nordlicht 1 offshore wind farm for steel production from 2028.The PPA provides for a share of 75 MW of…
RWE has installed an offshore converter platform at 1.4 GW Sofia offshore wind farm, its largest offshore wind development under construction in UK waters.The offshore converter platform (OCP), which converts high voltage alternating current (AC) to high voltage direct current (DC)…
Mammoet and Samyang Marine Group have entered into a new partnership to provide heavy lifting and transport solutions for South Korea's offshore wind sector.The collaboration is set to establish Offshore Service Port (OSP) facilities to serve projects across sectors in South Korea…
Heavy lift and transport services firm Mammoet has launched the SK6000 land-based crane, said to be the world’s strongest, capable of handling large offshore wind components and delivering reduced integration times to offshore oil and gas projects…
Petrobras has signed 26 concession contracts, acquired in partnership with Shell, for the blocks located in the Pelotas Basin, offshore Brazil.The concession contracts are part of the fourth Permanent Concession Offer Cycle of the public session held by the National Agency of Petroleum…
Norwegian oil and gas operator DNO has completed the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi.Following the closing of the transaction, DNO’s wholly-owned…
The British government's proposed plans to increase a windfall tax on North Sea oil and gas producers would lead to a 12 billion pound ($16 billion) drop in revenue to the state, an industry group said on Monday.The Labour government said in…
Timor-Leste's state-owned oil firm Timor Gap has acquired a 16% interest in the Bayu-Undan gas project, majority joint venture owner Santos said on Monday.Timor Gap has now become a part of the Bayu-Undan JV, which also includes SK E&S, INPEX…
Esgian provides an update on plans for Petronas to return to the deep waters off Mexico in its Week 35 Rig Analytics Market Roundup.Report SummaryContractsMalaysia's Velesto said Monday it has secured a Letter of Award for its 350-ft jackup…
The partners in the offshore Aphrodite natural gas field have submitted a plan to the Cypriot government to develop the project at a cost of about $4 billion, Israel's NewMed Energy said on Sunday.NewMed said that together with partners Chevron…