France’s energy giant TotalEnergies has wrapped up its exit from a Russian liquefied natural gas (LNG) project, giving up its stake but retaining rights to recover around $1.3 billion in shareholder loans, subject to sanctions. The post Arctic LNG 2 exit ticked off the list: TotalEnergies retains $1.3 billion loan claim appeared first on Offshore Energy.
An offshore subsea construction vessel (OSCV) that Norwegian shipbuilder VARD is building for Taiwan-based […] The post Taiwan-bound subsea construction vessel on its way to Norway for final outfitting appeared first on Offshore Energy.
Singapore-headquartered offshore marine service contractor Kim Heng and South Korea’s marine and civil work […] The post Singapore’s Kim Heng to incorporate joint venture company in Korea appeared first on Offshore Energy.
Italian energy giant Eni is broadening its offshore footprint in Uruguay by taking operatorship of an exploration block with YPF’s subsidiary, MIWEN, as its partner. The post Eni widens Uruguay offshore presence with new block and first operatorship appeared first on Offshore Energy.
Etu Energias, a privately owned Angolan energy company, has taken steps to increase its stakes in two offshore blocks from Cabinda Gulf Oil Company (CABGOC), a subsidiary of U.S.-headquartered energy giant Chevron, through a deal that will make it the largest interest holder in one of Angola’s longest-producing deepwater assets and could see it take over operatorship of one of these blocks. The post Etu Energias strikes $260 million deal with Chevron for Angola’s deepwater block duo appeared first on Offshore Energy.
TenneT Netherlands has selected compatriot survey company Deep to perform annual offshore cable integrity […] The post TenneT names contractor for annual Dutch offshore cable integrity surveys appeared first on Offshore Energy.
Kongsberg Maritime has secured a contract to supply a fully integrated suite of technology […] The post SBM Offshore and Solstad’s installation vessel to sport Kongsberg Maritime equipment appeared first on Offshore Energy.
AFRY, a Swedish engineering, design, and advisory company, has secured a key technical advisory role on a liquefied natural gas (LNG) development in Vietnam. The 1.5 GW LNG-to-power project involves an integrated floating LNG (FLNG) terminal and gas-fired power plant, supporting the expansion of LNG infrastructure in Southeast Asia. The post Swedish firm picks up work for 1.5 GW LNG-to-power project in Southeast Asia appeared first on Offshore Energy.
France-based geophysical services company Viridien, formerly known as CGG, has launched a new reimaging program in the U.S. Gulf, expanding its Walker Ridge initiative to deliver enhanced seismic insights and support further infrastructure-led exploration in the deepwater region. The post Viridien’s new reimaging mission bolstering US Gulf exploration drive appeared first on Offshore Energy.
More than four decades after first producing oil, a 17,200-ton North Sea platform has been lifted from its steel jacket in a single operation and loaded aboard a heavy-lift vessel, owned by Switzerland-based offshore contractor Allseas, marking the start of its final journey to shore for dismantling and recycling. The post WATCH: Allseas takes 17,200-ton North Sea giant ashore 42 years after first oil appeared first on Offshore Energy.