The Minister of State for Energy Affairs, President and CEO of QatarEnergy, Saad Sherida Al-Kaabi, and Eni CEO, Claudio Descalzi, signed the partnership agreement for the creation of the new Joint Venture company during an official ceremony today. QatarEnergy will hold a 75% interest while Eni the remaining 25% interest. The JV will hold 12,5% […]

In recognition of the drillship’s outstanding performance in all aspects during its time in Brunei Darussalam, Shell has named Maersk Viking its 2021 Global Rig of the Year in the Floater Category. Maersk Viking is a high-spec ultra-deepwater drillship which was delivered in 2013. A Samsung 96K designed drillship with several Maersk Drilling upgrades including Managed Pressure […]

McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry has welcomed key customers aboard for a christening ceremony of its newly converted Amazon vessel in the port of Rotterdam, The Netherlands. As part of McDermott’s global deepwater subsea strategy, the vessel has undergone a sophisticated conversion. The upgraded specifications […]

Owning to prevailing circumstances surrounding recent sanctions and economic policies that envelop Russia and European countries as concern natural gas supply, EU Commission President Ursula von der Leyen has signed a memorandum of understanding with Egypt and Israel in what has been described as a ‘historic agreement’ in cushioning cut-effect of gas supply. The  tripartite […]

BW Energy commitment is prevalently focus on the continued press speculation regarding a potential of acquisition by the Group of the Golfinho field in Brazil, which Petrobras has in their divestment program.  BW Energy confirms having discussions with Petrobras for a potential purchase of the Golfinho Cluster offshore Brazil. This is part of the Group’s […]

ABB and Wison Offshore & Marine (WOM), a technology and solution provider focusing on clean energy have signed a Memorandum of Understanding (MoU) to collaborate on the development and implementation of floating liquefied natural gas (FLNG) facilities worldwide. FLNG facilities make the production, liquefaction, and storage of natural gas possible at sea, from where it […]

Equinor has, on behalf of the Haltenbanken West Unit and Halten East licences, awarded Transocean Spitsbergen a firm drilling programme consisting of nine wells and options for another two. The value of the contract is estimated at around NOK 2.4 billion, including the options. The rig is scheduled to start the drilling campaign in the […]

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation has announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart Inc. demonstration of Cummins Inc.’s new 15-liter natural gas engine for heavy-duty trucks. As part of the agreements, Walmart will provide heavy-duty trucks for Cummins to integrate with the new 15-liter natural gas engine, the X15N™, which runs on compressed natural […]

Savannah Energy has announced that the Company’s 80% indirectly owned subsidiary, Accugas Limited, has entered into a new gas sales agreement (“GSA”) with TransAfam Power Limited (“TAPL”) in relation to the provision of gas for use at its power plants in Rivers State, Nigeria. TAPL is a licensed power generation company in Nigeria and is […]

Petrofac a global engineering, procurement and construction company has been awarded a new contract to provide offshore operations services for bp’s Greater Tortue Ahmeyim (GTA) Project. The scope of work encompasses the provision of specialist personnel, plant and equipment to support offshore operations at the floating production storage and offloading (FPSO) and liquefied natural gas […]