Fossil Energy – Sepia Field
Subsea7 announced the award of a contract by Petrobras, following a competitive tender, for the development of the Sépia 2 field.
[Read more…] about Subsea7 awarded offshore contract for Sépia 2 in BrazilValaris enters strategic collaboration agreement
Fossil Energy – Suriname
Valaris today announced that its wholly owned subsidiary, Ensco UK Drilling, has entered into a Strategic Collaboration Agreement with PETRONAS Suriname and Halliburton to support the development of PETRONAS Suriname’s offshore assets.
[Read more…] about Valaris enters strategic collaboration agreementCanada, Nova Scotia launch offshore licensing round
Fossil Energy – Licensing Round
Canada and Nova Scotia are advancing a coordinated push to expand offshore oil and gas development, launching a new licensing round and signaling a sustained reopening of the province’s offshore basin to exploration investment.
[Read more…] about Canada, Nova Scotia launch offshore licensing roundNEO NL established to Lead Development of New Nuclear Power Plants
Nuclear – the Netherlands
The Dutch government has officially established the Nuclear Energy Organization Netherlands (NEO NL) to spearhead the development of two new nuclear power plants, marking a significant step in the country’s long-term energy strategy.
[Read more…] about NEO NL established to Lead Development of New Nuclear Power PlantsConocoPhillips submits development plans for Greater Ekofisk Area
Fossil Energy – Norway
ConocoPhillips and its partners have submitted two plans for development and operation (PDOs) to Norway’s Ministry of Energy for the Albuskjell, Vest Ekofisk and Tommeliten Gamma fields in the Greater Ekofisk Area of the North Sea.
[Read more…] about ConocoPhillips submits development plans for Greater Ekofisk AreaKuwait to tap oil firms for offshore fields
Fossil Energy – Development Discoveries
Kuwait’s prime minister Ahmad Abdullah al-Ahmad al-Sabah said last week that Kuwait Petroleum Corporation plans to invite international oil companies to assist Kuwait Oil Company in developing the recently announced offshore oil and gas discoveries.
Al-Sabah added in his opening remarks at the Kuwait Oil and Gas Show that KPC is in talks with global financial institutions to establish a lease and lease-back of Kuwait’s domestic crude oil pipeline network.
In January, sources told Reuters that Kuwait was set to launch an oil pipeline network stake sale as soon as February in a deal that could raise to $7 billion.
Kuwait’s oil minister Tariq Al-Roumi told Reuters on Monday that he expects tenders for the Durra oil and gas field project, in cooperation with Saudi Arabia, to be launched this year.
Subsea7 scores contract for Kaikias Waterflood project
Fossil Energy – Shell
Subsea7 today announced the award of a contract by Shell for the Kaikias Waterflood project.
[Read more…] about Subsea7 scores contract for Kaikias Waterflood projectChevron signs MoU with Libya’s NOC
Fossil Energy – MoU
Chevron has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate potential oil and gas exploration and development opportunities, supporting the country’s efforts to boost hydrocarbon production.
[Read more…] about Chevron signs MoU with Libya’s NOCVantris secures offshore contracts from Petronas
Fossil Energy – Malaysia
Vantris Energy has secured contracts worth about RM1.4 billion from Petronas Carigali for offshore transportation and installation works under two upstream development projects in Malaysia.
[Read more…] about Vantris secures offshore contracts from PetronasPreparation New York Ports for offshore wind
General – New York Port
The New York State Energy Research and Development Authority announced a $300 million competitive solicitation to support maritime port development projects aimed at strengthening the state’s offshore wind supply chain, even as the broader industry grapples with significant regulatory and financial challenges.
[Read more…] about Preparation New York Ports for offshore wind