Malaysian FPSO provider Yinson has executed a final settlement with PetroVietnam regarding last year’s termination of the $1 billion FPSO charter contract.
Transocean has been awarded a contract for drilling and completion services on the LLOG-operated Shenandoah project in deepwater of the Gulf of Mexico. LLOG operates the Shenandoah discovery since April 2018. The project is located in the unit comprised of Walker Ridge blocks 51, 52, and 53 in the d
The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a report by Baker Hughes Company.
Offshore wind could become a $ 1 trillion industry over the next two decades, and renewable energy in general will create an investment opportunity of between $ 8 trillion and $ 16 trillion by 2030, according to some of the reports recently published. Meanwhile, oil & gas giants are making concrete
Delfin LNG, the company behind the floating export development in the Gulf of Mexico, is struggling to secure offtake deals for its 13 mtpa project. The unit of Delfin Midstream has last year sought and won a 1-year extension from US FERC to build the project’s onshore facilities. It also pushed its
The Petroleum Safety Authority (PSA), Norway’s offshore safety regulator, has approved two offshore drilling projects.
Odfjell Drilling’s semi-submersible drilling rig Deepsea Stavanger has mobilized from Norway to South Africa for a drilling campaign with Total.
The worldwide offshore rig count in June 2020 dropped by 65 rigs year-over-year and 2 rigs sequentially, according to a report by Baker Hughes.
Keppel Data Centres, Chevron, Pan-United, and Surbana Jurong, with the support of Singapore’s National Research Foundation, have signed a memorandum of understanding (MOU) to jointly develop the first end-to-end decarbonisation process in Singapore.
Wellesley Petroleum has received consent from the Norwegian offshore safety authority for exploration drilling in the Norwegian Sea using the Borgland Dolphin rig.
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved SapuraOMV’s plan for the Kanga-1 geophysical and geotechnical site survey offshore Australia.
Brazilian oil firm Petrobras has started the opportunity disclosure stage (teaser) regarding the sale of its stake in the shallow-water Tartaruga field located in the Sergipe Alagoas Basin offshore Brazil.
Perenco has received approval for its draft decommissioning programs for four Amethyst gas field topsides, located in the Southern North Sea, from the UK authorities.
The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and will have lasting impacts once the pandemic dissipates but on its own will not be enough to advance the world’s progress towards the Paris climate ambitions, classification society DNV GL said.
