Abu Dhabi-based clean energy company Masdar and Austria’s energy utility company Verbund have signed a Memorandum of Understanding (MoU) to explore the production of green hydrogen for the Central Europe market. As per the agreement, the two companies will cooperate on developing pathways to produce
TechnipFMC’s diving support vessel (DSV) Deep Discoverer has mobilized to the Triton area in the North Sea and begun operations to tie in a Tailwind Energy well, according to UK-based oil and gas company Serica Energy. The Gannet GE-04 well was drilled late in 2022 and completed in January, with fir
With the closing of the general direction for the project, Singapore’s Jadestone Energy has made a significant step towards wrapping up the remaining works for an FPSO operating on a field in the Timor Sea off Australia and restarting production from this field later this month.
Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, has signed two long-term sale and purchase agreements (SPAs) with ExxonMobil LNG Asia Pacific for the sale of a combined 2 million tonnes per annum (mtpa) of LNG. As per agreements, the ExxonMobil affiliate will buy 2
France-headquartered DORIS has secured a contract with Spanish oil company Repsol to deliver concept engineering of the subsea production system (SPS) and subsea umbilical, riser, and flowline (SURF) for a project offshore Mexico. The Parisian company signed a contract with Repsol Exploración México
Container shipping heavyweight A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company managed to deliver solid performance across all its businesses, resulting in the best financial result
Seadrill has revealed that one of its drillships embarked on its assignment at a field offshore Brazil with the country’s oil and gas giant Petrobras.
Shell has completed flow test results for the Pensacola well in the North Sea, which is said to have opened a new Zechstein play in this mature basin.
Allseas has been appointed to carry out the pipeline installation scope for phase one of a gas field expansion project in the Eastern Mediterranean. The company’s vessels Solitaire and Oceanic will execute the work comprising approximately 150 kilometers of 20-inch pipeline from the Tamar field to t
After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs.
Oman LNG has signed a binding term-sheet agreement with China International United Petroleum and Chemical Co. (UNIPEC) to supply 1 million metric tonnes per annum (mtpa) of LNG starting in 2025. UNIPEC has become the latest beneficiary of the Omani LNG, marking the first LNG term deal with a Chinese
Offshore drilling contractor Stena Drilling has secured a contract extension with energy giant BP for a mobile offshore drilling unit (MODU) to be deployed in the U.S. Gulf of Mexico. Stena Drilling revealed on 7 February that it had signed a contract extension with BP for the Stena IceMAX MODU. The
German-based energy company Uniper and Greenko ZeroC Private Limited, a subsidiary of India’s Greenko Group, have signed a Memorandum of Understanding (MoU) and Heads of Terms for Uniper to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia pro
Offshore Energies UK (OEUK) has warned that the calls for new windfall taxes on energy producers’ global profits are misleading.
