Business & Finance
Dynagas LNG states cash distributions on preferred units
Dynagas LNG Partners, a partnership formed by Greek shipping company Dynagas, has declared a cash distribution of $0.546875 per unit on its Series B Preferred Units.
As two new drillship deals come in, Transocean’s backlog tops $7 billion
Transocean has secured new long-term contracts for two of its ultra-deepwater drillships to operate in Brazil and the Gulf of Mexico.
Saipem to install offshore gas pipeline under €300 million contract
Saipem has secured an E&C contract with EniMed, a subsidiary of Eni, for the transportation and installation of an offshore gas pipeline connecting the four wells of Argo and Cassiopea Fields to the Sicilian coast. Pipelay vessels Castorone and Castoro 10 will install the 60-kilometer-long 14” gas p
Maintenance deal for Shell’s Gulf of Mexico platforms goes to Bilfinger
Shell has picked Bilfinger to handle maintenance services at nine offshore oil & gas platforms across the Gulf of Mexico deepwater basin.
Keppel hired to work on floaters for Gulf of Mexico and Senegal projects
Keppel Offshore & Marine’s subsidiaries have been awarded contracts for the refurbishment and completion of two floating production units.
First oil flows from North Sea field
German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian North Sea.
Shell’s Crux seabed survey environmental plan under assessment
Australia’s offshore security regulator NOPSEMA has begun the assessment of Shell’s environmental plan for the Crux seabed survey campaign off the coast of Western Australia. The Crux seabed survey campaign will include a geophysical survey and a geotechnical survey in Commonwealth and Ashmore Carti
New partner joins North Sea block ahead of September well spud
i3 Energy and Europa Oil & Gas have completed a farm-in agreement ahead of the drilling of an appraisal well planned for September.
With clearance in hand, Equinor set to use Transocean rig for North Sea drilling
Equinor has received consent from Norway’s safety regulator for exploration drilling in the North Sea, using one of Transocean’s rigs.
Petrobras extends contract for Sapura pipelay support vessel
Seabras JV, an associated company in which Paratus Energy Services indirectly holds a 50% equity interest, has secured a contract extension with Petrobras for the pipelay support vessel (PLSV) Sapura Esmeralda. Under the two-year contract extension, Sapura Esmeralda will work for the Brazilian oil a
New deepwater gas discovery offshore Colombia
Petrobras has confirmed the discovery of natural gas accumulation in the Uchuva-1 exploratory well, drilled in the deep waters of Colombia.
MAN ES, Mitsui ink turbochargers licence agreement
German engine manufacturer MAN Energy Solutions (MAN ES) has signed a licence agreement with its Japanese counterpart Mitsui E&S Machinery for the new MAN TCT axial-turbocharger series for two-stroke engines. According to the companies, the 10-year agreement will enable Mitsu to provide the newest t
PGNiG and PKN Orlen to merge for Polish energy security
Polish oil and gas player PGNiG and compatriot oil refiner Polski Koncern Naftowy Orlen (PKN Orlen) have agreed on a plan of the merger of the two companies.
First apprentices join Morlais tidal energy project
UK social enterprise Menter Môn has welcomed the first apprentices at the Morlais tidal energy project located offshore Anglesey in Wales, as work gets underway.