France-headquartered cable systems designer and manufacturer Nexans has set a new world record in […] The post Nexans sets world record by installing power cable 2,150 meters under water appeared first on Offshore Energy.
Antler Global, an associated company of the UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas, has inked a deal to offload a partial stake in a block off the coast of Equatorial Guinea to Fuhai (Beijing) Energy, a wholly owned subsidiary of China’s privately owned Fuhai Group New Energy Holding. The post Chinese partner comes aboard African oil & gas block ahead of drilling ops appeared first on Offshore Energy.
Cable-laying vessel (CLV) Seaway Aimery is on its way from the U.S. to Europe […] The post Seaway Aimery leaves US to work on UK offshore wind project appeared first on Offshore Energy.
Norway’s DOF Group has signed a four-year contract with Brazilian oil & gas giant […] The post DOF’s RSV to kick off $150M contract with Petrobras in January 2027 appeared first on Offshore Energy.
Velesto Malaysian Ventures, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of six premium jack-up rigs and two hydraulic work-over units, has taken steps to offload its stake in Velesto Workover Sdn Bhd (VWSB). The post Velesto disposes of its workover business to Enviros appeared first on Offshore Energy.
Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has confirmed the arrival of a jack-up rig owned by Arabian Drilling, said to be the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to its Hamriyah Shipyard in Sharjah, United Arab Emirates (UAE). The post Jack-up rig comes to Ocean Oilfield’s shipyard appeared first on Offshore Energy.
ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has kicked off drilling activities at another well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. The post Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia appeared first on Offshore Energy.
Italy’s engineering, drilling, and construction services giant Saipem has prolonged the stay of a chartered seventh-generation drillship in its rig fleet. The post Saipem keeping seventh-gen drillship longer in its rig fleet appeared first on Offshore Energy.
Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post $11 billion investment agenda on Gazprom’s 2026 horizon appeared first on Offshore Energy.
The Beaumont New Ammonia (BNA) facility, located in southeast Texas, U.S., has produced its […] The post Texan facility produces its first ammonia appeared first on Offshore Energy.