A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak
Altera Infrastructure Holdings, a wholly-owned subsidiary of the UK-based energy services provider Altera Infrastructure, has entered into an agreement to sell all of its membership interests in Altera Shuttle Tankers to Maistros Shiptrade, a company affiliated with the Greek shipping major Angelico
Norway-based oil services investment company Akastor has signed an agreement with Japan’s Mitsui & Co. to purchase the latter’s shares in Akofs Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services.
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has completed its initial 2024 Gulf of Mexico survey scope for UK’s energy giant Shell, carried out autonomously without a tether. The work, performed for Shell Exploration and Production Inc., covered inactive
The last remaining topside from a Shell-operated oil and gas field situated northeast of the Shetland Islands has been lifted to the quay by Dutch heavy lifting and transport provider Mammoet.
Norwegian marine geoscience and technology company Shearwater Geoservices has secured a 3D seismic survey in Suriname with Malaysia’s state-owned energy giant Petronas, covering an expansive 6,000-square-kilometer area. The project builds on Shearwater’s existing work with Petronas in the region, f
Texas LNG, a subsidiary of Glenfarne Energy Transition, has selected compatriot construction and engineering services provider Kiewit to lead the engineering, procurement, and construction (EPC) of its proposed liquefied natural gas (LNG) terminal in Texas’ Port of Brownsville. Kiewit’s subsidiaries
Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is unde
The Danish Energy Agency (DEA) has cleared the transfer of ownership shares in two oil and gas licenses in the Danish sector of the North Sea.
Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for two next-generation offshore energy support vessels (OESVs) that will be methanol-ready. Bernt Omdal, CEO of Sea1, said that the investment is part of the company’s
The partners behind two exploration blocks in shallow waters offshore Gabon have signed production sharing contracts (PSCs) with the country’s Petroleum Minister and Minister of Economy.
UK-headquartered energy giant Shell has paused certain drilling operations and began transferring non-essential personnel to shore from its Gulf of Mexico assets amid disturbance likely to become a hurricane. Shell reported on Monday, November 4, that it had started transferring non-essential person
TotalEnergies has kicked off drilling activities at an exploration well close to previously made light oil discovery in the prolific Orange Basin off the coast of Namibia with a semi-submersible rig owned by Northern Ocean and managed by Odfjell Drilling.
The United Kingdom (UK) plans to embark on consultations to come up with new environmental guidance for offshore oil and gas projects in the aftermath of the recent Supreme Court ruling.
