Oil platform builder Kvaerner on Tuesday unexpectedly proposed its first dividend since 2015 and said it may make another such payment later this year, sending its shares soaring.The company said it expected to compete for contracts worth 30-50 billion Norwegian crowns ($3…
Exxon Mobil and Qatar Petroleum announced a final decision to finance a $10 billion-plus project to export liquefied natural gas (LNG) from the Texas Gulf Coast.Construction of the Golden Pass LNG export project located in Sabine Pass will begin…
Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program.The environmental permits are final, while the decisions issued by the…
Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company…
Nakilat-Keppel Offshore & Marine (N-KOM) held a steel cutting ceremony for a new offshore accommodation platform under construction at the Erhama bin Jaber Al Jalahma Shipyard in Qatar.Chief Executive Officer of Nakilat, Eng. Abdullah Al Sulaiti…
Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm…
Norwegian oil and gas firm Equinor has awarded an engineering, procurement and construction (EPC) contract to OneSubsea, a Schlumberger company.The contract is for the supply of the industry’s first all-electric actuated subsea boosting system for the Vigdis Field in the Norwegian North Sea…
Italian energy giant Eni announced that Indonesia has approved its investment plan for the Merakes project, located in the Kutei Basin, offshore East Kalimantan.Eni will now start work on developing the project, which will involve drilling and constructing subsea wells in water depths of 1…
Offshore engineering and construction specialist Subsea 7 has won an EPCI contract from Royal Dutch Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb project, located approximately 140 miles east of Aberdeen in the UK central North Sea…
The installation of export cables at the world's largest offshore wind farm, Hornsea One in the North Sea off the coast of England, has been completed several months ahead of schedule, Danish operator Ørsted announced Tuesday.With offshore export cables totaling 467km…
Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020…
Dutch offshore services provider Royal Boskalis Westminster has been selected as a contractor on Saudi Aramco's Long Term Agreement (LTA) for Offshore Facilities program.Boskalis acquired the agreement in consortium with the United Arab Emirates-based company Lamprell…
Ten months after the final assembly of the offshore substation (OSS) for the new Deutsche Bucht offshore wind farm started at Damen Shiprepair Vlissingen (DSV), the substation topside has now been moved outside the construction hall so that further outfitting can take place…
The pipe-laying vessel Pioneering Spirit pipelaying vessel completed the construction of the offshore section of the TurkStream gas pipeline in the Black Sea. The TurkStream pipeline will carry Russian gas across the Black Sea to Turkey.The…
Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday.Ca Tam is the first new field to be brought…
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