Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake…
Singaporean shipbuilder Strategic Marine has signed a memorandum of understanding (MoU) with Mainprize Offshore for the delivery of six new Supa Swath crew transfer vessels (CTVs) with options for six additional ones.Following the recent successful…
German oil and gas company Wintershall Dea has sold its 10% interest in Abu Dhabi's Ghasha Concession to Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) as part of its exit strategy from the United Arab Emirates, ahead of announced business combination with Harbour Energy…
Singapore's Temasek Holdings is finalizing the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy to Shell with a deal set to be completed in the coming days, two sources with knowledge of the matter said.The deal will provide Shell…
Chevron has commenced repair activities on its Wheatstone platform in Australia and the work is expected to be completed in the coming weeks, a spokesperson said on Thursday.'LNG (liquefied natural gas) and domestic gas production will resume following the safe completion of repair works…
Viridien, formerly CGG, has made a sale of its Marlin vessel monitoring and alert system to ExxonMobil Guyana to support its offshore operations in Guyana.The sale was made through Viridien’s Sensing and Monitoring business line, marketed under the Sercel brand…
RWE has selected Argeo, a subsea service provider, to perform the site investigation work for Canopy offshore wind farm, a 1.6 GW floating wind project located off the coast of Northern California.The site investigation survey is a key milestone…
President Luiz Inacio Lula da Silva on Wednesday threw his weight behind a push by state-run oil company Petrobras to explore the environmentally sensitive offshore Equatorial Margin, saying Brazil cannot give up such an opportunity.The offshore…
Norwegian offshore vessel owner Solstad Offshore has secured multiple contracts with Petrobras, whose combined value is approximately $240 million (NOK 2.6 billion).The contracts are scheduled to start in the second half of 2024 and first half of 2025…
Scottish firms Ocean Kinetics and Green Marine (UK) have formed a joint venture partnership to decommission OpenHydro’s tidal energy platform in the Orkney Islands.Work is rapidly advancing to remove the steel superstructure installed in 2006…
Opsealog, a provider of data integration and analysis services for the maritime and offshore industry, has confirmed the renewal and expansion of its service contract with Orange Marine, a French company specializing in cable laying and repair operations…
Oslo-listed offshore drilling firm Dolphin Drilling has made a strategic decision to sell and recycle the semi-submersible drilling rig Dolphin Leader, recently acquired from Transocean.The decision aligns with Dolphin Drilling's ongoing efforts…
Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds.The settlement of the transaction will take place on June 14, 2024, Eni sad.Following the placement…
Ørsted has taken final investment decision (FID) on a 600 MWh battery energy storage system, supplied by Tesla, which will be co-located with 2.9 GW Hornsea 3 offshore wind farm to help balance the grid and reduce volatility for consumers.The…
Zeevonk, a joint venture of Copenhagen Infrastructure Partners (CIP) and Vattenfall, has secured a permit to build 2 GW offshore wind farm in the Netherlands, which will be co-located with floating solar farm and feature green hydrogen production system…
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