Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in dir
Cool Company (CoolCo), an owner, operator, and manager of LNG carriers, has secured a new time charter agreement with Santos Shipping Singapore for one of its TFDE vessels that will undergo LNGe upgrades to reduce emissions. The 12-month charter agreement is scheduled to commence in the first quarte
Deltic Energy is in the process of divesting a partial stake in a Shell-operated license to Dana Petroleum.
The U.S. is committed to offshore wind and is looking to advance its development, according to Liz Burdock, President and CEO of Oceantic Network, formerly known as Business Network for Offshore Wind, a non-profit organization that provides networking, communications and educational platforms to sup
DNO has put the wheels into motion to expand its North Sea portfolio by acquiring an interest in a Shell-operated gas field.
TotalEnergies is in the process of acquiring a majority stake from Vantage Drilling International in a drillship working in Namibia.
Woodside and Santos have put an end to their discussions concerning a potential A$85.7 billion (about $55.9 billion) merger.
Qatar’s state-owned energy giant QatarEnergy has signed a 20-year sale and purchase agreement (SPA) with India’s Petronet LNG for the supply of 7.5 million tons per annum (mtpa) of LNG to the Republic of India. The contracted LNG volumes from Qatar will be delivered ex-ship to terminals across India
Axess Group has landed a long-term inspection contract for a recently converted FPSO, which is destined to work on Woodside’s oil project.
Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr
Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.
Valaris has confirmed the spudding of the first well in an eight-well campaign, which is being undertaken by one of its semi-submersible rigs.
Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de
International marine environmental consulting and survey company CSA Ocean Sciences has been granted a non-exclusive General Offshore Geophysical Survey permit which allows it to conduct low-energy marine surveys within a three-mile zone from the mean high tide line along California’s coast. The per
