McDermott has been awarded a major contract, worth between $750 million and $1 billion, by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project.The project is located approximately 130 kilometers northwest of Abu Dhabi in the United Arab Emirates.The Nasr-115 Expansion Project is a critical component of the overall Nasr Phase II Full Field Development project expected to increase oil production capacity to 115…
SLB beat Wall Street estimates for fourth-quarter profit on Friday, as the world's top oilfield services provider benefited from the ChampionX acquisition and unveiled plans to return $4 billion to shareholders this year.The company closed the $7…
Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project.DeepOcean’s scope of work encompassed trenching and surveying of the inter-array cables that connect turbines to the offshore substations…
Japan's Inpex is working to advance the start of its Abadi project in Indonesia to meet the government's request to speed up and has seen strong interest from Western majors to buy liquefied natural gas, CEO Takayuki Ueda said.The long-delayed $20 billion project…
Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging program in Egypt’s Eastern Mediterranean offshore.The largest project of its kind in the region…
Energy data and intelligence firm TGS has launched the Bonaparte Basin PSDM Reprocessing Project, a new multi-client initiative designed to enhance subsurface imaging and geological understanding offshore Australia.The project includes the reprocessing of the Cygnus 3D…
Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…
Paradigm Drilling Services has appointed Wes Heiskell as Well Construction & Intervention Director – North America.Based in Paradigm’s Houston office, Heiskell brings almost 40 years of experience, with a distinguished career spanning operations…
Halliburton surpassed Wall Street expectations for fourth-quarter profit on Wednesday, on the back of steady demand for its services and equipment in international markets.Shares of the company rose nearly 2% in premarket trading.Offshore exploration…
Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil.In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…
Offshore helicopter services firm NHV Group has started offshore wind crew change operations in Poland using an Airbus H175 helicopter, marking the first deployment of a super-medium helicopter to support offshore wind activities in the country…
Ørsted has completed the installation of the last wind turbine at the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan.Located 35 - 60 kilometers off the coast of Changhua County in Taiwan, Greater Changhua 2b and 4 comprises 66 Siemens Gamesa 14 MW SG 14-236 wind turbines…
Danish power cable maker NKT has signed final contracts with SSEN Transmission for two high-voltage direct current (HVDC) transmission links in Scotland.The contracts cover the 525 kV HVDC power cable systems for the Western Isles and Spittal to Peterhead transmission links…
Veolia and SBM Offshore have signed a Memorandum of Understanding to develop and deploy innovative freshwater floating production units (FPUs), combining advanced reverse osmosis desalination technology with proven offshore engineering expertise to offer a sustainable…
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