Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis, it said on Tuesday.MET Group said the agreement will enable it to further diversify its LNG supply portfolio…
Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…
Vard has launched the cable laying vessel (CLV) being built for Danish offshore services firm NCT Offshore, ahead of delivery planned later in 2024.The newbuild CLV, named Freja, has been launched at Vard Shipyards in Tulcea, Romania.The vessel features VARD 9 01 design…
Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…
Italian energy giant Eni has made a new oil and gas discovery in an exploration well in Block 9 in the Sureste Basin, offshore Mexico.The discovery was made on the Yopaat-1 EXP exploration well, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina…
Danish engineering group Ramboll has secured a foundation design contract for Gennaker offshore wind farm in the German Baltic Sea.Ramboll's scope of work includes developing the basic and detailed design of 63 monopile foundations that will…
Norwegian offshore survey services firm Electromagnetic Geoservices (EMGS) and Velocitas Geo Solutions have entered into agreement to collaborate on a ocean bottom node (OBN) seismic survey in the Barents Sea.The fully pre-funded OBN survey marks EMGS' first venture into seismic node projects…
Italian cable maker and installation services provider Prysmian has completed sea trial tests for ultra-deep installation of High Voltage Direct Current Mass Impregnated (HVDC MI) subsea cable at water depth of 2,150 meters.This is an industry record breaking installation…
Offshore accommodation rig provider Prosafe has received a letter of intent (LoI) from Ithaca Energy for the charter of its Safe Caledonia offshore accommodation rig for work at the Captain field in the UK sector of the North Sea.As stated in the LoI…
Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South area in the Norwegian Sea.The partnership submitted the plan for development and operation (PDO)…
TotalEnergies, the operator of the Tyra II project on behalf of consortium partners, has faced another technical issue during the commissioning of Denmark’s largest offshore gas development.TotalEnergies, the operator of the Danish Underground Consortium in charge of Tyra II redevelopment…
Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell, TotalEnergies, BP, and Japan's Mitsui, sources told Reuters.The four companies are expected to get…
North Sea oil and gas producers urged Britain's incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and revenue.Starmer's Labour Party swept to power in a parliamentary election on Thursday…
Scotland-based wells and subsurface specialist Elemental Energies has acquired Norway-based well management and consultancy company Well Expertise, forming one of the world's largest specialist wells, subsurface and project management companies…
OEG Renewables, offshore wind division of OEG Energy Group, has appointed Rolf de Vries as its subsea director.The OEG Renewables’ subsea division offers a range of specialist in-house subsea capabilities including solutions in diving, ROVs…
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