The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…
Salamander offshore wind farm, a project being developed by a joint venture between Ørsted, Simply Blue Group and Subsea7, has been awarded planning permission in principle for the onshore aspects of its proposed floating wind development.Located 35 km off Peterhead on the East Coast of Scotland…
Dutch geological data specialist Fugro, has reported that its Fugro Mercator vessel, which run aground off Italy, has been safely towed to a shipyard for inspection.The 42-meter long geophysical survey vessel had run aground on the north coast of Elba on March 22…
Oslo-listed offshore drilling firm Dolphin Drilling has appointed Jon Oliver Bryce as permanent chief executive officer (CEO) and Ingolf Gillesdal as chief financial officer (CFO).Jon Oliver Bryce has been appointed permanent CEO, effective immediately…
Equinor has awarded a three-year contract for well plugging on its operated fields on the Norwegian continental shelf (NCS) to Island Drilling for its Island Innovator semi-submersible rig, and hired Archer and Baker Hughes to provide plugging services…
XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique's Rovuma Basin.The Rovuma Basin, one of the largest gas discoveries in the past 15 years…
India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.The…
U.S. Secretary of State warned Venezuela on Thursday that it would be 'a very bad day' for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened unspecified action in such a case…
Companies planning a flagship offshore gas project between Venezuela and Trinidad and Tobago 'have not slowed down' work, Trinidad Prime Minister Stuart Young said on Thursday, despite the United States increasing pressure on sanctioned Venezuela…
Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million.The sale includes the Greater Angostura project's offshore production facilities…
Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights carbon capture and storage (CCS) development.The decision was made after signing a commercial agreement with Stockholm Exergi to transport and store 900…
Kongsberg Maritime has launched the K-Sim Offshore DP3 Anchor Handling Simulator, designed for training for complex offshore operations.With an investment of over $322,000, the innovative training solution is designed to elevate competency standards…
Offshore engineering solutions firm Aquaterra Energy has secured a multi-million-dollar contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.Aquaterra Energy will…
Danish Energy Agency has reported that 16 companies have placed their bid for share of the country’s new carbon capture and storage (CCS)-dedicated fund, which amounts to $4.1 billion.A maximum of 10 companies can participate in the bidding…
Oslo-listed offshore accommodation rig provider Floatel International has secured a contract extension with Equinor for its Floatel Victory semi-submersible accommodation unit.Under the contract extension, Floatel Vicotry will continue to provide…
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