10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Petrobras rubber-stamps oil & gas project offshore Brazil: FPSO negotiations drawing to a close

    31 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Brazilian state-owned energy giant Petrobras has made a final investment decision (FID) for a development in the Sergipe Alagoas Basin off the coast of Brazil. This project in the Northeast region is anticipated to expand the supply of gas.

  • TotalEnergies offloads oil stakes in Nigerian JV and sets up Middle East’s new trading player

    14 January 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to divest its oil interest in Renaissance joint venture (JV), formerly SPDC JV, licenses in Nigeria to Vaaris and breathe life into BxT Trading, a new trading company for petroleum products in the Middle East, with Bapco Energies.

  • US LNG import terminal’s transformation into large export facilities put on ice

    23 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast.

  • Shell rubber-stamps project to boost oil production from its Gulf of America asset

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has taken a final investment decision (FID) on a waterflood project at its field in the U.S. Gulf of America (Gulf of Mexico).

  • Noble entrusts Norwegian player with job on 2009-built rig

    30 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Noble Corporation, a U.S.-based offshore drilling giant, has assigned a task for its 16-year-old jack-up rig to Norway-based cleantech service provider Soiltech.

  • 2025 at a glance: LNG wave sweeps across global gas markets

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    With energy security still at the forefront, several liquefied natural gas (LNG) projects have been given the green light to proceed to production mode across the globe, with the United States (U.S.) running the show. As a result, 2025 marked the start of the next wave of LNG projects that are anticipated to enrich the global energy mix.

  • Eni going full steam ahead with drilling campaign in Gulf of Suez

    29 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Drilling, now part of ADES.

  • Drilling ops with Saipem rig cleared for take-off in North Sea

    26 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norwegian authorities have given their blessing for exploration drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a semi-submersible rig owned by Saipem, an Italian engineering, drilling, and construction services giant.

  • Oil & gas operator keeping Saipem’s 2012-built rig busy into 2028

    19 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s engineering, drilling, and construction services giant Saipem has landed a third contract extension for its 13-year-old semi-submersible drilling rig with Aker BP, a Norwegian oil and gas player, for operations off the coast of Norway.

  • Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

    25 December 2025
    Business & Finance, Business Developments & Projects

    CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. This move is expected to enable the buyer to diversify and enlarge its footprint through integrated solutions, earnings growth, and geographic expansion.

  • Subsea7 and Equinor extend IMR deal for 2013-built vessel

    19 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vessels

    Subsea7 and Equinor have agreed on an extension of their existing frame agreement covering subsea inspection, maintenance and repair services (IMR) delivered by a 2013-built subsea vessel. Under the terms of the extension of an agreement first signed in 2018, Seven Viking will carry out IMR services for subsea operations at Equinor’s oil & gas […]

  • Poland’s Orlen strengthens its Norwegian oil & gas portfolio with acquisition wrap-up

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has brought into its fold the interests Norwegian oil and gas player DNO held in two fields off the coast of Norway.

  • Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

    6 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 amid oversupply and also realign flows, diverting Middle East heavy barrels to Asia and intensifying competition for Canadian crude in the U.S. Gulf Coast.

  • Gas field charting its development course as Aphrodite embarks on FEED journey

    24 December 2025
    Business & Finance, Business Developments & Projects

    Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have decided to move forward with a front-end engineering design (FEED) work for an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Mediterranean Sea.

  • Odfjell Drilling firms up 11-year-old rig’s multi-year gig in Norwegian waters

    19 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Odfjell Drilling, a 52-year-old offshore drilling player, has turned a letter of intent (LoI) into a new contract for its 2014-built semi-submersible rig, which will now be booked for work until the first quarter of 2029.

  • Shell handpicks Odfjell Drilling-managed rig for ops offshore Namibia

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    UK-headquartered energy giant Shell has booked a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, for drilling activities off the coast of Namibia, Africa.

  • DeepOcean and Vår Energi shake hands for five-year subsea IMR services

    17 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Norwegian ocean services provider DeepOcean and Norway’s oil & gas player Vår Energi have extended their decade-long subsea collaboration by signing a new long-term inspection, maintenance and repair (IMR) frame agreement. DeepOcean’s scope includes subsea work across all Vår Energi’s operated assets on the Norwegian Continental Shelf (NCS), covering IMR activities, project support for offshore […]

  • Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the North Sea.

  • After TechnipFMC, Subsea7 hired for Chevron’s gas project offshore Australia

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    U.S. oil & gas company Chevron has awarded Subsea7 with a contract for subsea equipment and associated infrastructure for the third stage of its Gorgon gas project offshore Western Australia. Subsea7 said that the contract for Gorgon Stage 3 is substantial, meaning it is worth between $150 million and $300 million. The contract covers project […]

  • Noble, Borr Drilling, and ADES jack-up rig trio hard at work in Dutch North Sea

    18 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three jack-up rigs, owned by Noble Corporation, ADES (former Shelf Drilling), and Borr Drilling, are carrying out oil and gas drilling activities in the Dutch sector of the North Sea (DNS) for Canada’s Tenaz Energy, the Netherlands-based ONE-Dyas, and Italy’s Eni.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • Ithaca books Prosafe vessel for North Sea gig in 2027

    18 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Prosafe, an Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator, has won a letter of award (LoI) with North Sea-focused Ithaca Energy for one of its flotels.

  • Double win for Equinor in North Sea as two gas and condensate discoveries spring up

    5 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European market through existing infrastructure.

  • Eni pens decade-long LNG offtake deal with Thai player

    5 December 2025
    Business & Finance, Business Developments & Projects

    Italy’s energy giant Eni has won a new multi-year liquefied natural gas (LNG) agreement with Gulf Development Company, said to be one of Thailand’s largest private power producers.

  • Third stage of giant Australian gas project to sport TechnipFMC subsea production systems

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Shortly after disclosing the final investment decision (FID) for the project, U.S. oil & gas company Chevron has awarded TechnipFMC with a contract for the delivery of subsea production systems for the third stage of development for its giant gas project offshore Western Australia. As part of the contract defined as “significant”, meaning it is […]