McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT).The EFA has a duration of three years with two one-year optional extensions…
BW Offshore has closed the sale of the floating production, storage, and offloading (FPSO) BW Pioneer to a subsidiary of Murphy Oil Corporation for $125 million.Following the close of the transaction, BW Offshore has received the initial payment of $100 million…
Norwegian oil and gas operator DNO has made an important oil and gas discovery in Northern North Sea license PL1182 S, using Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in Paleocene injectite sandstones of excellent…
North Sea oil and gas group Ithaca Energy launched a restructuring process that it expects to lead to job cuts, it said on Wednesday.The process, which follows the completion of Ithaca's acquisition of Eni's UK assets, is expected to be completed by July 1…
W&T Offshore has announced the promotion of Huan Gamblin to Executive Vice President and Chief Technical Officer. Gamblin has over 20 years of energy industry experience.Tracy W. Krohn, Chairman and CEO, commented, “We are very pleased to promote…
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract worth over $1 billion by Shell for its Gato do Mato greenfield development offshore Brazil.In addition to integrated execution…
Sea1 Offshore, formerly Siem Offshore, has ordered two more offshore energy support vessels from Cosco Shipping.The vessels are based on a similar design as the first two vessels Sea1 Offshore ordered from the same shipyard in November 2024…
Offshore accommodation rig provider Prosafe has signed an agreement to sell for recycling its Safe Scandinavia accommodation rig, which has been cold stacked for over six years.The 1984-built, anchor moored semi-submersible tender support and…
OMV Petrom and Romgaz have spud of the first well for development and production of the Pelican South and Domino natural gas fields in the Neptun Deep block as part of the drilling campaign being conducted with Transocean’s Transocean Barents rig in the Black Sea…
Brazilian state-run oil and gas company Petrobras has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.The hydrocarbons have been found in the well 1-BRSA-1394-RJS, located 105 km from the state of Rio de Janeiro…
MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows…
Oilfield services company TechnipFMC has been secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.The Johan Sverdrup field…
Offshore accommodation rig provider Prosafe has published an operational update for February 2025, achieving fleet utilization of 57%.The company’s accommodation rigs Safe Notos, Safe Zephyrus and Safe Concordia operated at full capacity during the period…
Norwegian Ocean Industry Authority (Havtil), the country’s offshore industry safety watchdog, has granted consent to Equinor for exploration drilling in an oil and gas block in the North Sea.The consent is for block 24/11, part of production license 169…
