Sarawak Shell Berhad (SSB), a subsidiary of Shell, has awarded McDermott with a contract to deliver offshore transportation and installation for a pipelay and heavy lift project in Malaysia. Under the contract, McDermott will perform transportation and installation services for two pipeline segments
Japan’s Mitsui & Co has agreed to acquire a 49% equity interest in Kasso MidCo ApS, an affiliate of European Energy, a renewable energy company headquartered in Denmark. Specifically, Mitsui will acquire a minority stake in European Energy’s solar park and e-methanol production facility Kasso in the
ExxonMobil has received a stamp of approval for its 35-well exploration and appraisal drilling campaign on the Stabroek Block offshore Guyana.
Denmark has opened a mini oil and gas licensing round for exploration and extraction in a defined area in the Danish sector of the North Sea.
The power-up of two gas turbines at TotalEnergies’ redevelopment project in the Danish North Sea has been completed.
Marine fuels supplier Monjasa has announced further expansion in Asia by commencing its first supply operations in the Port of Singapore with three tankers to be added during this year. The company already has three offices located in Singapore, Shanghai and Ho Chi Minh City and is supplying 1 milli
Zhejiang Energy International and Mexico Pacific have signed a sales and purchase agreement (SPA) for Zhejiang Energy to offtake 1 million tons per year (MTPA) of liquefied natural gas (LNG) from Mexico Pacific’s LNG export facility, Saguaro Energia, located in Puerto Libertad, Sonora, Mexico. Under
Baker Hughes has been enlisted by MODEC to supply gas technology equipment for an FPSO destined to work at Equinor’s project in Brazil.
BP, through its arm BP Ventures, has expanded its investment in bioenergy by committing $10 million and leading the Series B investment round in WasteFuel, a California-based biofuels company focused on converting municipal bio-waste into low-carbon fuels, such as bio-methanol. WasteFuel’s existing
Tidewater has boosted its fleet of platform supply vessels (PSVs) by wrapping up the acquisition of the PSV fleet owned by Solstad Offshore.
Once Denmark achieves its 2030 target of being 100 per cent powered by renewables, the plan is to have backup capacity from hydrogen and energy storage, according to Hanne Storm Edlefsen, Vice President of Energy Islands at Energinet.
Transocean has secured a new contract extension for a semi-submersible rig working on the Norwegian Continental Shelf (NCS).
Salvage operations to transfer the oil from a rapidly decaying FSO, moored off Yemen, to a safe vessel are expected to start soon.
Japanese trading company Mitsui & Co. has completed the acquisition of 100 per cent of shares of STATS (UK), a provider of pipeline integrity solutions, as part of its path towards a global energy transition. STATS (UK) announced on 5 July that it had executed a share purchase agreement to sell 100
