SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of Petronas' 50% non-operating stake in the Samarang production sharing contract (PSC).Petronas Carigali will continue to be the operator of Samarang PSC…
Global Energy Group's (GEG) North Fabrication division has started fabrication of two J-tube frames for the 882MW Moray West offshore wind farm, with a steel cutting at the Port of Nigg, Scotland.The completed J-tube frames will be attached…
A state actor's involvement in the blast of the Nord Stream pipelines last year is the 'absolute main scenario', though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022…
Offshore drilling contractor Diamond Offshore said Thursday that its Ocean GreatWhite semi-submersible drilling rig had kicked off its five-well drilling campaign for BP West of Shetland.'This marks an important milestone for this harsh-environment…
Italian oil firm Eni, with its partner PetroCi, on Thursday celebrated the sail away of the FPSO Firenze to the giant Baleine oil and gas field offshore Ivory Coast.The FPSO Firenze, which sailed away from Dubai, will allow the production start-up of the Baleine field…
Acteon's Data and Robotic division's geo-services brands TerraSond and Benthic have secured a combined geophysical and geotechnical survey work scope with the BlueFloat Energy and Renantis Partnership for the Bellrock and Broadshore offshore wind farms northeast of Aberdeen…
U.S. Gulf of Mexico-focused oil company W&T Offshore said Thursday that Janet Yang, Executive Vice President and Chief Financial Officer, would leave the company on May 11, 2023, following the release of the company’s first-quarter earnings…
It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating the incident, said on Thursday. The Sept. 26 explosions…
Advisory and investment firm Gordon Brothers said this week it had provided a £5 million (currently around $6,2 million) term loan to Modus Subsea Services (Modus).Modus, specializing in using Underwater Intervention Drones to automate and decarbonize subsea inspection…
A group of investors with $1.1 trillion in assets under management has joined climate activist group Follow This in asking TotalEnergies shareholders to push for more ambitious targets on emissions cuts.The resolution filed for the company's…
Offshore installation services firm Asso.subsea on Thursday announced the development of a newly built jetting vehicle for cohesionless soil: AssoJet III Mk2.'The AssoJet III Mk2 is the most advanced of the ASSO’s jetting ROVs, based on full…
General Electric Co has settled all its outstanding wind turbine technology patent disputes in the United States and Europe with Siemens Gamesa Renewable Energy, the companies recently said.Terms of the settlement, which was described as amicable…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA a drilling permit for well 6405/7-2 S offshore Norway.The wildcat well is expected to be spudded in April.Aker BP will use the Scarabeo 8 semi-submersible drilling rig to drill the offshore exploration well…
Oil majors operating Kazakhstan's Kashagan and Karachaganak oil fields are being taken to arbitration by the country over allegations including unapproved spending, Bloomberg News reported on Wednesday, citing people familiar with the matter…
Norwegian company Scana said Monday that its subsidiary Seasystems had signed a sizeable contract for the delivery of an anchoring system to an FSO project offshore West Africa.'This is a sizeable contract for Scana, valued close to NOK 50 million [currently around $4…
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