The National Gas Company of Trinidad and Tobago (NGC) and Shell Trinidad and Tobago have finalized commercial agreements supporting the Aphrodite offshore gas project, with first gas expected by the second quarter of 2027.NGC's pipeline and gas infrastructure will be used to bring gas from Aphrodite to market, with supplies intended for Trinidad and Tobago's domestic energy sector.The agreements, finalized in early September…
Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies…
The US Environmental Protection Agency said on Wednesday it would soon propose scrapping a Biden-era rule aimed at curbing large leaks of methane from oil and gas operations.The move is part of a broad Trump administration effort to slash regulations…
Solstad Offshore has exercised an option to purchase the construction support vessel (CSV) Normand Maximus for $125 million via its subsidiary, with the acquisition scheduled to be completed in October 2027.Solstad Offshore’s subsidiary Normand Maximus declared the purchase option on October 6…
Drilling waste management specialist TWMA has secured a multi-million-dollar contract from an unnamed North Sea operator to provide offshore drilling waste management services for a multi-well campaign in the UK North Sea.The contract, awarded under an existing agreement…
Reach Subsea has exercised a one-year option to extend the charter for Deep Cygnus subsea vessel from Havila Subsea & Renewables, keeping the vessel in its fleet through March 2028.The original charter, announced in July 2022, covered a four-year period with an option for an additional year…
Dutch offshore vessel owner Acta Marine has christened its commissioning service operation vessel (CSOV) Acta Hercules in IJmuiden, the Netherlands, as the company moves closer to completing its four-vessel newbuild program.Acta Hercules was…
SSE has selected Montrose Port as the preferred operations and maintenance base for its planned 1.4 GW Berwick Bank B offshore wind farm off Scotland, a move expected to create 100 full-time jobs.The new operational hub will be located at Montrose Port's South Harbour…
Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran outweighed signs of recovering crude exports from the region.Brent crude futures for November LCOc1 rose $1…
ACUA Ocean and Forssea Robotics have completed trials combining an uncrewed surface vessel (USV) with a remotely operated vehicle (ROV) for fully remote subsea inspection and light intervention operations off Plymouth in the UK.The three-week…
Louis Dreyfus Armateurs (LD Armateurs) has taken delivery of the DP2 multipurpose support vessel TVO Mariner for its LD TravOcean subsidiary, expanding its capacity for subsea cable installation, repair and protection work.The vessel, delivered to the group in mid-September…
Fincantieri's Norwegian subsidiary Vard has signed a contract, worth between $76 million and $86 million, to build a commissioning service operation vessel (CSOV) for Dong Fang Offshore, marking the fifth vessel ordered by the Taiwan-based marine contractor from the shipbuilder…
CSL OWL has launched the first of two purpose-built subsea rock installation vessels designed for offshore wind construction and maintenance projects.The vessel, named Rock Star, is the first in CSL OWL's two-ship newbuilding program and is designed to carry up to 17…
Transocean has been awarded a two-well contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea, adding about $80 million to the offshore driller's backlog.The approximately 170-day campaign with an undisclosed operator is expected to begin in 2027…
Apollo Global Management is exploring strategic options for Energos Infrastructure, in a deal that could value the floating liquefied natural gas infrastructure provider at more than $3 billion, people familiar with the matter said.The investment…
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