Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal Norway’s Edison made with shipowner Knutsen OAS Shipping.
The European Investment Bank (EIB) has approved a €300 million financing package for Prysmian that will support the Italian cabling giant’s research and development (R&D) activities with the ultimate goal of accelerating energy security and digitalization in Europe. The financing will support Prysmi
French energy giant TotalEnergies has shaken hands with Portuguese oil and gas company Galp on a deal that will enable it to enter the PEL 83 license, encompassing an oil discovery off the coast of Namibia, by taking over the operator baton. Galp is getting a minor stake in the French player’s giant
A consortium of six companies has launched a project aimed at addressing the competitiveness and bankability of wave energy farms by validating the technology in conditions required for large-scale deployment in UK waters. The consortium includes European Marine Energy Centre (EMEC), The University
While construction activities for its terminal electrification project are underway in Azerbaijan, the UK-headquartered energy giant BP has drilled and put into production mode three remaining wells in its seven-well drilling campaign off the coast of Trinidad and Tobago.
Taiwan-based Dong Fang Offshore (DFO) has signed a shipbuilding contract with Norwegian shipyard Westcon for the delivery of a subsea and cable laying vessel (CLV), a move said to come due to the need for installation capacity in Taiwan, as another DFO vessel will be working in Europe until the end
Japan’s energy major JERA has tucked under its belt a decade-long liquefied natural gas (LNG) supply agreement, which is said to be its first long-term LNG sale and purchase agreement (SPA) to supply LNG outside Japan.
Türkiye’s state-owned Boru Hatları ile Petrol Taşıma Anonim Şirketi (BOTAŞ) has inked two long-term liquefied natural gas (LNG) agreements with Italy’s energy giant Eni and Germany’s Securing Energy for Europe (SEFE) to ensure the country’s energy security.
North Sea oil & gas operator and producer Ithaca Energy has appointed TechnipFMC to deliver flexible pipe for its development in the UK North Sea. Under a contract defined as significant, TechnipFMC will design, manufacture, and install flexible risers, flowlines, and associated hardware for the Cap
MISC Berhad (MISC), Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services, has been hired for the provision of lease, operate, and maintain (O&M) scope of work for a floating production unit (FPU) destined to be deployed at a natural gas development pr
Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has put in place a new strategic partnership with Israel’s Navitas Petroleum for a block off the coast of Guyana and another one offshore South Africa alongside future oil and gas coo
The North Sea Transition Authority (NSTA) has opened its second carbon storage licensing round, offering 14 locations offshore Scotland and England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity. The round, opened today, December 9, offers
Switzerland-based offshore drilling contractor Transocean has landed a new multimillion-dollar assignment with an undisclosed oil and gas operator for one of its drillships off the coast of Australia.
Noble Corporation, a U.S.-based offshore drilling giant, is parting ways with six premium jack-up rigs, five of which are set to join the rig fleet of Bermuda-based offshore drilling contractor Borr Drilling. The remaining rig will find a new home amid Ocean Oilfield Drilling’s fleet.
