French utility Engie and Portuguese power company EDP will create a 50-50 joint venture to pool their fixed and floating offshore wind operations, the companies said on Tuesday.'Creating this JV will bring the projects we have together. It means…
Norwegian oil and gas company Equinor said it has awarded a contract for services within insulation, scaffolding and surface treatment (ISO) on the Johan Sverdrup field to Kaefer Energy AS. The deal, which was awarded under an already existing framework agreement for operations…
Brazil's state-run oil company Petrobras said on Tuesday its board of directors approved an addendum to a transfer-of-rights oil contract that will see it reimbursed to the tune of $9.06 billion, but the deal remains subject to governmental agreement…
Petronas has produced its first liquefied natural gas (LNG) from a floating LNG (FLNG) facility at the Kebabangan cluster field, 90 kilometers offshore the eastern state of Sabah, the Malaysian state-owned oil company announced on Tuesday.First…
Mooring services, foundation solutions and offshore installations provider InterMoor said it has signed a contract with COOEC, a subsidiary of China National Offshore Oil Corporation (CNOOC), to install deepwater mooring systems for the Liuhua…
Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019…
Greenpeace activists blocked the entrance to BP's London headquarters on Monday, demanding one of the world's biggest energy companies ends all new oil and gas exploration or goes out of business.Greenpeace activists arrived at the building…
Norwegian partners Kongsberg Maritime, DOF, SINTEF Ocean and NORCE have set out to reduce fuel consumption and greenhouse gas emissions for complex offshore operations, while streamlining fleet-wide maintenance.Enabled through sponsorship and support from Innovation Norway…
Belgium-based DEME Offshore announced Friday it has been awarded a contract worth approximately €200 million ($223.3 million) for the transportation and installation of 165 foundations and turbines at Ørsted’s Hornsea Two offshore wind farm in the UK…
Russian state gas producer Gazprom has discovered two new offshore fields in the Yamal region with total reserves of more than 500 billion cubic meters (bcm), the company said on Friday.The fields are located in the Kara Sea and hold 390.7 bcm and 120…
UK-based custom subsea umbilical and cable solutions provider Fibron revealed its new branding to the offshore market during the Offshore Technology Conference (OTC) in Houston last week.Managing Director, Bruno Cianfini, reiterated the company…
Electromagnetic Geoservices ASA (EMGS) announced Thursday it has entered into an agreement for a fully prefunded multiclient 3D controlled source electromagnetic (CSEM) survey in the Norwegian Barents Sea.The contract has a value of $1.25 million…
Three leaders in the oil and gas industry’s decommissioning sector have teamed up to launch Fairfield Decom, a new company based in Aberdeen that will manage, integrate and execute end-to-end late life operations and decommissioning activities…
i-Tech 7, Subsea 7’s life of field business unit, has appointed Craig Roberts as its new regional business development manager for its Asia Pacific & Middle East region.Roberts, who joins from Total Marine Technology (TMT) where he was operations manager…
Heerema Marine Contractors said it has been awarded the Petrofac contract for TenneT's Hollandse Kust Zuid (HKZ) Alpha project, one of the largest offshore wind farm zones being developed in the North Sea off the Dutch coast.The award entails…