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Drilling ops with Saipem rig cleared for take-off in North Sea

Norwegian authorities have given their blessing for exploration drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a semi-submersible rig owned by Saipem, an Italian engineering, drilling, and construction services giant. The post Drilling ops with Saipem rig cleared for take-off in North Sea appeared first on Offshore Energy.

Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops

South Korea’s SK Earthon, the energy exploration and production (E&P) subsidiary of SK Innovation, has expanded its offshore acreage in Indonesian waters with a stake in a block, which is expected to see drilling activity before the year ends. The post Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops appeared first on Offshore Energy.

Middle East sends its calling card to GMS’ large-class vessel

Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels for the offshore energy sector, has landed a new long-term assignment for one of its large‐class vessels in the Middle East. The post Middle East sends its calling card to GMS’ large-class vessel appeared first on Offshore Energy.

Petronas and CNOOC fortify energy bonds with LNG offtake

Petronas LNG, a subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, and CNOOC Gas and Power Singapore Trading & Marketing, an affiliate of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), have expanded their existing relationship by striking a liquefied natural gas (LNG) deal, said to support China’s dual carbon ambitions and reinforce the Malaysian firm’s role as a reliable LNG partner in Asia. The post Petronas and CNOOC fortify energy bonds with LNG offtake appeared first on Offshore Energy.

Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. This move is expected to enable the buyer to diversify and enlarge its footprint through integrated solutions, earnings growth, and geographic expansion. The post Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold appeared first on Offshore Energy.