Moscow-headquartered energy giant PJSC Lukoil has said yes to a bid from Switzerland’s Gunvor Group for its international portfolio of assets in the wake of growing global sanctions, which keep tightening their hold on Russian businesses overseas.
ABS and KRISO have signed MOU to cooperate on the application of small modular reactors (SMRs) in the marine and offshore sectors.
Morocco’s port terminal management firm Marsa Maroc and CMA Terminals, a subsidiary of French container shipping and logistics giant CMA CGM Group, have moved forward to finalize an agreement for the operation of the Western Container Terminal at Nador West Med, a key strategic port on Morocco’s Med
Qatar’s state-owned energy giant QatarEnergy has inked a deal to acquire an interest in a block offshore Egypt operated by Italy’s Eni.
Pancontinental Energy has shed light on the analysis of quantitative interpretation volumes related to the hydrocarbon potential of a petroleum exploration license (PEL) it operates in the Orange Basin, off the coast of Namibia.
Saipem has boosted its offshore drilling order intake with new multimillion-dollar contracts and extensions that are perceived to reinforce its presence in key strategic areas, such as West Africa, the Mediterranean, and the Far East. As a result, three rigs will be on drilling duty with Eni, an Ita
BP has backed the disclosed findings related to a recent gas condensate discovery, which Rhino Resources, an African energy exploration player, made off the coast of Namibia, with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.
UK’s Forum Energy Technologies (FET) has secured an order from Nigerian oil & gas company Marine Platforms (MPL) for the delivery of two of its new generation work-class remotely operated vehicles (WROVs). The contract secured by FET’s Subsea product line marks the first sale of the XLX EVO III, whi
Norwegian energy data and intelligence company TGS has secured two new acquisition contracts, one in the Gulf of America (Gulf of Mexico) and another in Africa, both expected to start by the end of the year. TGS has been awarded an ocean bottom node (OBN) acquisition contract in the Gulf of America
U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI),
A semi-submersible crane vessel (SSCV) from the fleet of Bluewhale Offshore, a Singapore-headquartered offshore drilling contractor and service provider and member of CIMC Group, has been picked to work on a project offshore Nigeria being developed by the Nigerian subsidiary of the U.K.-based energy
A converted mobile offshore production unit (MOPU) is making its way to Congo, where it will work with the Congolese subsidiary of Anglo-French oil and gas player Perenco at a license it operates in Congolese waters.
