BW Offshore has agreed with the Catcher field partners to amend the contract for its BW Catcher floating production storage and offloading (FPSO) unit, extending the agreement through December 31, 2030, plus or minus six months.The revised agreement replaces the previous structure, which included unilateral one-year extension options, with a defined end-of-term framework.The amendments took effect from February 1…
Technip Energies has received full notice to proceed for a major engineering, procurement and construction (EPC) contract with Commonwealth LNG for a liquefied natural gas export facility in Louisiana.The notice follows the final investment decision (FID) for the 9…
Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told Reuters, as new CEO Meg O'Neill restructures the group to cut debt and refocus on more profitable projects.BP has invested more than $35 billion in Egypt over six decades…
The substructures for fixed offshore wind turbines weigh thousands of tonnes. Only about five vessels in the world can lift that much weight. So now researchers are testing an alternative: an unusually wide barge.Using experience gained from the oil and gas industry…
Taihan Cable & Solution has acquired a second cable laying vessel (CLV) from DOF Group to strengthen its offshore wind and subsea power cable installation capabilities amid growing global demand for grid interconnection infrastructure.The South…
Norway's Hammerfest LNG export terminal is undergoing repairs for a mechanical fault in a valve that halted production last week, a spokesperson for operator Equinor said on Tuesday.Europe's largest export terminal for liquefied natural gas (LNG)…
Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 new DP2 fast crew transfer vessels (CTVs) for offshore operations supporting Brunei Shell Petroleum, a joint venture between Shell and the Government of Brunei.The…
Ta San Shang Marine (TSSM), a joint venture between Mitsui O.S.K. Lines (MOL) and Taiwan’s Ta Tong Marine, has taken delivery of a new commissioning service operation vessel (CSOV), the TSS Cruiser, which is now ready to support offshore wind farm operations in Taiwan…
Energy services company Weatherford has been awarded a managed pressure drilling (MPD) contract by Ventura Offshore for operations aboard the SSV Victoria semi-submersible drilling rig offshore Brazil.The contract covers operations in Petrobras’…
Ocean Power Technologies (OPT) has demonstrated autonomous docking, charging and redeployment capabilities for its WAM-V autonomous surface vehicle as part of efforts to support longer-duration offshore operations.The company said the system enables the maritime drone to approach a dock…
Solstad Offshore has signed a letter of intent with an international subsea contractor for the charter of construction support vessel (CSV) Normand Maximus.The contract is expected to begin in the first quarter of 2027 and run through the first quarter of 2029…
Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…
Baker Hughes and thermoplastic composite pipe manufacturer Strohm have signed an agreement to jointly develop a hybrid flexible pipe for ultradeepwater flowline and riser applications.The companies said the new solution is aimed at offshore projects in water depths exceeding 3…
DeepOcean has completed its first subsea intervention project with offshore operational leadership managed from shore, carrying out the work for Aker BP at the Idun Nord field in the Norwegian Sea.The operation involved a work-class remotely…
Seattle-based operator Stabbert Maritime has retrofitted its multipurpose support vessel Ocean Guardian with a TechIce® synthetic hoisting system after steel wire rope began constraining crew access and workflow during continuous deepwater operations…
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