Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) has secured a long-term […] The post Singapore-flagged diving support vessel on duty in Arabian Gulf appeared first on Offshore Energy.
Australian energy player Santos has marketed, sold and loaded the first condensate cargo from […] The post First condensate cargo from Australian project en route to South Korea appeared first on Offshore Energy.
Eni and TotalEnergies have taken the final investment decision (FID) for the development of […] The post Eni and TotalEnergies take FID for Cyprus’ first gas development appeared first on Offshore Energy.
Alaska-based Sitkana is set to deploy its new prototype tidal turbine at the Marine […] The post Alaska-made prototype tidal turbine to be tested in Massachusetts appeared first on Offshore Energy.
UK-based upstream oil & gas player Serica Energy has agreed to acquire compatriot Pharos […] The post Serica Energy wins race for Pharos Energy with €170 million takeover agreement appeared first on Offshore Energy.
Liverpool Bay CCS Limited (LBCCS) has entered into a lease with The Crown Estate […] The post UK CO2 storage project that will reuse existing infrastructure secures lease appeared first on Offshore Energy.
The Western Australian Government has granted State Significant Project status to a Woodside Energy-operated […] The post Australia’s ‘largest untapped’ conventional gas resource gets significant project status appeared first on Offshore Energy.
Italy’s energy giant Eni has continued its contract awards spree for the third phase […] The post Eni strengthens team for Côte d’Ivoire project with Saipem now on board appeared first on Offshore Energy.
A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU) over offshore market concentration due to subsea umbilicals, risers, and flowlines (SURF) and carbon capture and storage (CCS) market dominance, potentially threatening to undermine competition, raise costs, and curtail innovation. The post Saipem-Subsea7 merger under the microscope as EU flags competition concerns appeared first on Offshore Energy.
Karoon Energy, an ASX-listed oil and gas exploration and production company, has confirmed an uptick in operating efficiency at a floating production, storage, and offloading (FPSO) unit deployed on an oil field off the coast of Brazil. The post FPSO efficiency at Brazilian oil field surpasses target range to hit 97% appeared first on Offshore Energy.