Oil and gas exploration and production company Energean has connected the Karish offshore gas field to the Israel National Gas Line,
Moody’s has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the company’s operations.
Carnarvon Energy is working to secure financing for the Santos-operated Dorado project off Australia ahead of the FID for the project.
Bilfinger UK has expanded its presence in the North East with the opening of a new fabrication facility, spurring further headcount increase.
QatarEnergy has signed a cooperation agreement with Namibia’s NAMCOR to support and develop a sustainable oil and gas sector in Namibia.
A joint venture partnership for a block off South Africa has secured a rig from a Norwegian contractor to drill a high-impact well.
BW Offshore received a contract extension for an FPSO operating offshore Indonesia, which has been sold recently.
War in Ukraine could result in as much as 1 million bpd of oil demand being removed from the global market, research by Rystad Energy shows.
Modern American Recycling Services (M.A.R.S.) has completed the acquisition of the DP3 diving support construction vessel (DSCV) Caballo Marango, which is said to represent a substantial investment in the offshore market and increase the company’s footprint worldwide. At the same time, the acquisiti
North Star has inked contracts totalling over $133 million, marking its most sizeable ERRV order book in recent years.
German oil and gas company Wintershall Dea has decided not to advance or implement any additional oil and gas production projects in Russia and to write off its financing of the Nord Stream 2 project totaling around €1 billion. In a recent personal statement, Wintershall Dea’s chief executive Mario
OneSubsea, the subsea technologies division of Schlumberger, has contracted Vallourec to supply upset riser joints for the Bacalhau project offshore Brazil.
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located offshore Norway.
Norwegian subsea contractor Havfram has revealed its goal to become one of the future leaders in the electrification market for oil and gas production assets through offshore wind developments. The move comes after Havfram changed its name from Ocean Installer back in December 2020 to reflect its in
