The floating production storage and offloading (FPSO) vessel, a key component of the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, has arrived at its final location offshore Mauritania and Senegal.Following completion of its construction at the COSCO Qidong Shipyard in China…
OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production.Brent crude oil prices LCOc1 have been trading near $80 per barrel in recent days…
South Korea's first domestically built geophysical exploration research vessel was commissioned during a ceremony at Pohang Yeongilman Port on May 31.The 92-meter Tamhae 3 is a fully state-funded research vessel owned by the Korea Institute of Geoscience and Mineral Resources (KIGAM)…
Shell, the operator of Pensacola discovery in the North Sea, has granted short period of additional time to partner Deltic Energy to secure funding associated with its share of costs for an appraisal well.In its capacity as Licence Operator of P2252…
Norwegian seismic company PGS has started seismic survey operations in the northern hemisphere, using two Titan-class Ramform vessels and an ultra-high-res 3D spread.PGS’ Ramform Tethys has picked up the reins on the 2024 Norwegian Sea GeoStreamer X survey…
Morocco plans to launch a tender this summer to build a floating liquefied natural gas (LNG) terminal in the northeastern Nador West Med port, the energy ministry's head of oil and gas said on Friday.The ministry expects to reach financial close in 2025 with construction…
Bangladesh's Summit LNG has paused operations at its floating storage and regasification unit (FSRU) in Moheshkhali after it was hit by a stray pontoon during a cyclone on May 27, the company said in a statement to Reuters on Friday.'There was damage to the ballast water tank of the FSRU…
Equinor has informed that the floating production storage and offloading (FPSO) vessel Johan Castberg departed for sea trials from Aker Solutions’s Stord yard ahead of its deployment at Barents Sea field.The FPSO for sea trials in Klosterfjorden…
Norwegian subsea services firm Reach Subsea has entered the agreement with vessel owner Havila Shipping to extend the charter for inspection, maintenance and repair (IMR) vessel Havila Subsea.The contract extension is for a firm period of three years…
Danish subsea cable and services firm NKT has named its second cable laying vessel (CLV) NKT Eleonora, which has been designed to run on methanol.NKT Eleonora, meaning shining light, will boost the company’s offshore cable laying capacity and…
BW Energy has increased recoverable reserves estimates for the Hibiscus field, offshore Gabon, following the recent oil discovery on the northern flank of the field.BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well…
U.S.-based engineering company Bardex has won the 39th Annual Woelfel Best Mechanical Engineering Achievement Award for its Off Vessel Tensioning (OVT) BarLatch mooring system.The American Society of Mechanical Engineers (ASME) confers the prestigious award to recognize a product…
Solstad Offshore’s Normand Navigator subsea vessel has arrived to Norway for the mobilization of remotely operated vehicles (ROVs) ahead of its new assignment.The mobilization of ROV’s from Omega Subsea Robotics is currently ongoing at Husøy (Karmøy) in Norway…
Electromagnetic Geoservices (EMGS) has entered into several agreements with Equinor and partners for fully pre-funded multi-client survey acquisitions in the Barents Sea.The combined contracts have a total value of approximately $3.4 million…
Brazilian oil and gas company Enauta has concluded the maintenance operation on a floating production, storage, and offloading (FPSO) vessel operating at Atlanta field, offshore Brazil.The five-day maintenance operation was conducted on the FPSO Petrojarl I…
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