Malaysia’s Yinson, through its joint venture company with PTSC, has received a five-year extension for an FSO working off Vietnam.
Aker BP and Neptune Energy have received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian North Sea.
DNO has wrapped up the last major offshore operation under its multi-year decommissioning programme in the North Sea.
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.
MODEC has confirmed the start of production from a new FPSO, which is deployed at Petrobras’ giant deepwater oil field off Brazil.
Challenger Energy has bid for and expects to be awarded a shallow water exploration block located off Uruguay.
BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.
Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,
Woodside has reported an incident, which resulted in a fatality at its operated gas processing facility offshore Western Australia.
Italian oilfield services provider Saipem has completed works for the subsea production network for Azule Energy’s Agogo field development project offshore Angola. Saipem reported on 2 June that its team had completed the subsea production network for the Early Phase 2 development of the Agogo field
Velesto has secured work with an estimated combined contract value of $10.9 million for one of its jack-up drilling rigs.
Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both
Petrofac has been awarded a long-term extension for the provision of operations and maintenance services on an FPSO working off Thailand.
