Oil and gas company Rockhopper Exploration has put in place insurance policy to cover the event that the Italian Republic succeeds in annulling Rockhopper Ombrina Mare arbitration award, while selling its remaining Italian assets to Zodiac Energy…
Offshore seismic services contractor Shearwater Geoservices has secured work on two survey projects in Asia Pacific.Shearwater Geoservices has been awarded two consecutive towed streamer survey projects, set to begin in early fourth quarter of 2024…
Australian oil and gas major Santos has secured an $800 million loan to finance the life extension works on of the Darwin LNG project in Australia.Darwin LNG has processed LNG for sale into overseas markets since it was commissioned in 2006…
SLB’s OneSubsea joint venture has secured a major contract by Petrobras to deliver full subsea equipment scope for one of Brazil’s five largest producing assets.As part of the project scope, OneSubsea will provide two subsea production manifolds…
Romanian integrated energy company OMV Petrom has signed a shipbuilding contract with Green Yard Kleven for the construction of a Field Support Vessel that will operate for the Neptun Deep project.Neptun Deep is the largest natural gas project…
TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity.This additional vessel might be deployed in Oman, where the company is developing the Marsa LNG…
Nevesbu, together with Iv, has developed a patented concept for a floating offshore substation (FOSS), which has already been tested at model scale at the Maritime Research Institute Netherlands (MARIN) in the Netherlands.The concept developed…
Saipem and sub-contractor teams have installed the trunkline for Woodside’s Scarborough gas project, a critical piece of infrastructure that will enable gas transport from the offshore field to onshore facilities in Australia.The installation…
ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation.The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture…
The CEO of the Kremlin-controlled energy giant Gazprom said on Thursday that Europe was damaging its own industrial sector by artificially destroying demand for gas, as Russian gas exports to the region have shrivelled.Alexei Miller said there could be gas price shocks and supply disruption ahead…
Offshore drilling firm Shelf Drilling has secured $234 million in contracts and extensions for two of its jack-up drilling rigs - Shelf Drilling Achiever and Adriatic I - for work offshore West Africa.The company has now fully executed a three…
Oil and gas drilling services company KCA Deutag has secured a backlog exceeding $900 million in new contracts and extensions for land and offshore drilling projects across Saudi Arabia, Oman, Pakistan, Angola, and Europe.In offshore drilling segment of the backlog…
The North Sea Transition Authority (NSTA) and The Crown Estate have confirmed published a new Statement of Intent to confirm joint aspirations in ensuring a more sustainable and closely coordinated management of the seabed.The aim is to build…
An ExxonMobil-led consortium will move to the second phase of seismic research for gas exploration in a block off the Greek island of Crete, Greece said on Thursday.Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) said…
KF Wind floating wind project, being developed by Aker Horizons majority-owned Mainstream Renewable Power and Ocean Winds, has secured a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO).The agreement covers the first phase of the project…