The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as part of its latest measures against Russia, two sources familiar with the matter said on Monday.EU countries…
Oil major Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSCs), for offshore blocks EG-06 and EG-11 in Equatorial Guinea, representing a $2 billion investment.Situated in close…
The Norwegian Offshore Directorate (NOD) has issued a permit to operator Equinor to drill another exploration well in the Heisenberg Discovery, offshore Norway.The permit has been issued for the 35/10-13 S exploration well in the production license 827 SB…
Norwegian offshore vessel operator DOF Group has secured two long-term contracts with Petrobras for its Pipelay Support Vessel (PLSV) and the Anchor Handling Support vessel (AHTS).The Brazilian built and flagged PLSV Skandi Niterói is awarded a three-year firm plus option contract…
Danish firm Cadeler has signed a contract with Inch Cape Offshore for the installation of 72 offshore wind turbines, each rated at 15 MW, at the Inch Cape Offshore Wind Farm in the North Sea.The work will be done with one of the newbuild M-class wind turbine installation vessels…
Masirah Oil, a majority-owned subsidiary of Rex International, has completed the multi-well campaign at Yumna field offshore Oman.Masirah Oil said the multi-well program at the field in Block 50 concession has been completed ahead of the 90-day schedule and below budget…
Boskalis’ cable-laying barge Giant 7 has started the installation of the second and final nearshore export cable for the 700 MW offshore wind farm Hollandse Kust (west Beta), being built offshore the Netherlands.The works on the second cable follow the successful installation of the first…
Norway-based Deep Wind Offshore has been awarded rights to develop a GW-scale offshore wind site Saare 2.1 in Estonia.The Baltic countries have agreed to open areas for offshore wind production for a total capacity of 20 GW within 2030, with Estonia setting the pace…
Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets in Egypt, Italy and Croatia for up to $945 million, the companies said on Thursday…
U.S. firm Fulcrum LNG was selected to help Guyana develop a plan to design, finance, construct and operate a natural gas processing facility in the South American country, President Irfaan Ali said on Thursday.The company's proposal was selected from among 17 submitted to Guyana for the gas project…
U.S.-based subsea services and technology firm Oceaneering International has secured a contract to supply an electro-hydraulic, steel tube dynamic umbilical for a project in the Gulf of Mexico.The name of the client was not disclosed, but Oceaneering…
In support of the Biden-Harris administration’s goals for deploying 30GW of offshore wind energy capacity by 2030 and 15GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) has announced the availability…
France-based tubular solutions supplier Vallourec has signed a two-year contract extension with Abu Dhabi National Oil Company (ADNOC), securing also a new major order for the supply of 27,000 tonnes of tubes.The two-year extension is related to the 2019 contract originally worth $900 million…
Mammoet, an engineered heavy lifting and transport company, has started assembling the world’s strongest land-based crane, the SK6000, at its Westdorpe facility in the Netherlands.This project marks a new era in heavy lifting technology, offering unprecedented lifting capacity and reach…
Ponticelli Angoil has been awarded an engineering, procurement, and construction (EPC) services contract by oil and gas company Azule Energy for work offshore Angola.Ponticelli’s UK-based consortium, PBS, will provide expert engineering and procurement services support on this three-year contract…
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