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Business & Finance

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TechnipFMC scores iEPCI contract for Shell's Gulf of Mexico development
Business & Finance

TechnipFMC scores iEPCI contract for Shell’s Gulf of Mexico development

Energy giant Shell has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract for a deepwater project in the U.S. Gulf of Mexico. Under the contract defined as “significant”, TechnipFMC will supply the subsea tree systems in addition to the EP

about 3 years ago
Munin; Source: Aker BP
Business & Finance

Heerema lands jacket construction deal for North Sea platform

Heerema Fabrication Group has been hired by Aker BP for the procurement and construction of a jacket destined for a North Sea platform.

about 3 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Business & Finance

More time with Shell in Namibia for one rig while another gets ready to kick off its gig with TotalEnergies

Northern Ocean has secured a contract extension from the UK-headquartered Shell for operations in Namibia.

about 3 years ago
Offshore Energies UK (OEUK)
Business & Finance

Carbon capture seen as ‘key tool’ in fight against greenhouse gas emissions

OEUK has outlined that the recently offered carbon storage licences signify the UK could bury 30 million tonnes of CO2 a year by 2030.

about 3 years ago
NKT
Business & Finance

NKT unveils investment plans worth €1 billion in new factory and cable-laying vessel

NKT is planning to boost its high-voltage power cable business with a €1 billion investment in a new factory in Sweden and a power cable vessel.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

‘Significant’ oil discovery for Aker BP in North Sea

Aker BP has made -what it describes as – a significant oil discovery in the North Sea off Norway, using a Saipem-owned rig.

about 3 years ago
Petrobras
Business & Finance

Petrobras days away from requesting a rethink of denial to drill Brazilian well

Petrobras will file a request with IBAMA to reconsider the decision to deny the environmental license to drill a well off Brazil.

about 3 years ago
Everest platform; Source: Harbour Energy
Business & Finance

Harbour Energy hands out five-year deal for North Sea assets to Stork

Stork has been awarded a long-term deal for the delivery of asset integrity services to Harbour Energy’s assets on the UKCS.

about 3 years ago
Prysmian
Business & Finance

Prysmian revealed as preferred bidder for UK’s cable connection project

Prysmian Group has been picked as the preferred bidder for a high voltage direct current (HVDC) cable connection in the UK.

about 3 years ago
Illustration; Source: Eni
Business & Finance

Eni and Sonangol pooling resources to step up their decarbonisation game

Eni and Sonangol have joined forces to identify and assess opportunities in the areas of the energy transition.

about 3 years ago
DSME LNG carrier
Business & Finance

Hanwha Ocean, formerly known as DSME, eyes $107 million in stock sale

Daewoo Shipbuilding & Marine Engineering, one of South Korea’s top three shipbuilders, plans to raise 141.3 billion won ($107.7 million) through a stock offering. The proceeds from this offering will primarily be used to pay off the company’s debts, according to regulatory filings. In the stock offe

about 3 years ago
Johan Sverdrup field in the North Sea; Source: Arne Reidar Mortensen/Equinor
Business & Finance

New milestone at giant North Sea oil field, as it reaches record-high production level

Equinor’s capacity test at the Johan Sverdrup field in the North Sea off Norway confirms the field can produce at an increased plateau.

about 3 years ago
FPSO Atlanta; Source: Yinson
Business & Finance

Enauta finds more oil in new reservoir section off Brazil

Brazilian oil and gas player Enauta has found oil in a new reservoir section at a well located on a field development offshore Brazil.

about 3 years ago
Draugen oil platform; Source: OKEA
Business & Finance

OKEA tasked with tackling nonconformity at Norwegian Sea field

Norwegian regulator has carried out an audit of OKEA and its management of major accident risk and barriers at a field off Norway.

about 3 years ago
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