Nakilat signs agreement for first FSRU vessel
Nakilat achieved another historical milestone with the signing of an agreement with Excelerate Energy- USA, to establish a joint-venture company and acquire a 55% interest in a floating storage regasification unit (FSRU), the first such vessel to...
TechnipFMC awarded offshore water handling project
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia. The contract includes the Engineering, Procurement, Construction,...
New FLNG floats on Cameroonian waters
CMLNG, a fully owned subsidiary of UK based New Age LNG recently announced that it signed gas convention agreement with Cameroonian government regarding a newbuilding FLNG. The agreement regulates fiscal aspects of the FLNG project, which woul...
EnBW takes its first steps in the North America
EnBW Energie Baden-Württemberg AG is continuing its strategy of capturing growth in new international markets in the renewable energy sector. Following its recent entry into Taiwan, EnBW has now expanded its activities to the United States of Am...
Subsea 7 awarded contract offshore uk
Subsea 7 announced on June 11 the award of a contract by Shell for the Penguins Redevelopment Project, located approximately 150 miles north-east of the Shetland Islands. The engineering, procurement, construction and installation (EPCI)...
Equinor deepens position in Brazil
Equinor has expanded its portfolio in Brazil’s prolific Campos and Santos basins after winning the Uirapuru and Dois Irmãos blocks in the 4th Production Sharing Bidding Round in Brazil. Equinor, ExxonMobil and Petrogal Brasil presented the ...
Macquarie pushes 1GW OWF in Korea
An Australian investment bank Macquarie Group is planning to make a huge investment for a floating offshore wind farm venture in Korea. Recently, a Korean outfit Gyeongbuk Floating Offshore Wind Power and Macquarie Group signed an MOU for a pr...
Sembcorp buys Sevan Marine IP
Sembcorp Marine Ltd (the “Company”) announced on June 8 that its wholly-owned subsidiary, Sembcorp Marine Integrated Yard Pte. Ltd. (“SMIY”), has entered into a sale and purchase agreement (“SPA”) with Norway’s Sevan Marine ASA (“...
Seadrill announces expected emergence from chapter 11
Seadrill Limited ("Seadrill" or the "Company") announces on June 7 that it anticipates emerging from the chapter 11 process in the first half of July 2018. As previously announced, on April 17, 2018, the court overseeing the Company's ch...
The Johan Sverdrup drilling platform installed
The 22,000-tonne topside for the drilling platform was lifted into position in one single lift on the Johan Sverdrup field last weekend. Equinor and the Johan Sverdrup partners are the first users in the world of this ground-breaking technology. ...
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