Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading activities in the first quarter, the company said on Thursday.The post-tax impairments…
Australian oil and gas company Western Gas, the owner of the high-impact Sasanof-1 prospect off W. Australia, expects the Valaris MS-1 offshore drilling rig to move to the well site in May.'Western Gas is pleased to advise that the Valaris MS…
Houston-based ProSep has won a water treatment project contract for Woodside's Scarborough gas development offshore of Western AustraliaThe contract, for end-client Woodside, which sanctioned the $12 billion Scarborough development in November 2021…
UK-based subsea rental equipment and solutions specialist Ashtead Technology has appointed Scott Stephen as the new Regional General Manager for its Middle East business.'Based in Abu Dhabi, Mr. Stephen will help to solidify the company’s existing…
Australian oil and gas company Woodside has awarded a contract to Australian offshore vessel owner MMA Offshore to support offshore field development drilling for the Scarborough Project in Australia’s North West.The contract is for a firm period of 350 days…
Oilfield services giant Petrofac has won a $60 million operations and maintenance (O&M) contract with Cairn Oil & Gas, Vedanta Limited, India’s largest private oil and gas exploration company.The 60-month contract encompasses services and expertise…
Australia's Pilot Energy Limited has increased its interest in the WA 481P offshore exploration permit off W. Australia to 100% following receiptof final approval from the National Offshore Petroleum Tenures Administrator (NOPTA) of Pilot’s…
Bureau Veritas Marine & Offshore (BV M&O) and Korean Register (KR) have signed a Memorandum of Understanding (MoU) aimed at cooperation and relations to enhance competencies and capacity by sharing technologies, information, and experiences…
Australian oil and gas company Santos has mobilized the Noble Tom Prosser jack-up drilling rig to the Apus-1 well location offshore W. Australia, with the drilling operations set to start within a week.The rig recently completed drilling the successful Pavo-1 well…
Norwegian energy company Equinor has hired Technip Energies to carry out a Front-End Engineering Design (FEED) for the offshore floating wind Firefly project, located 70 kilometers offshore the East Coast of South Korea.The FEED contract covers the engineering…
Marine seismic survey firm Shearwater GeoServices has secured deals for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (“KNOC”). This is Shearwater’s first contract with KNOC…
Danish offshore wind farm developer Ørsted has installed the first wind turbine at its Greater Changhua 2a offshore wind farm in Taiwan.The wind farm is part of the 900 MW Greater Changhua 1 & 2a project. Ørsted announced the milestone via social media…
Norwegian offshore vessel owner Siem Offshore has signed a new contract for the “Siem Sapphire” AHTS vessel for operations in Taiwan. 'Delivery [of the vessel] has already taken place, and secures firm utilization well into the third quarter of 2022 plus options…
Keppel Corp's offshore and marine (O&M) arm and smaller rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday.The companies had first announced…
CNOOC, China's top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises energy security amid rising geopolitical risks…
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