Vietnam
CIP has signed an agreement with Vietnamese state-owned energy group PETROVIETNAM to develop USD 4bn offshore wind project in Vietnam
[Read more…] about Vietnam is interesting for long-term investmentIndonesia secures UAE oil supply commitment of up to 30 million barrels
Oil Supply
The United Arab Emirates will supply Indonesia with up to 30 million barrels of oil, the head of upstream regulator SKK Migas, Djoko Siswanto.
[Read more…] about Indonesia secures UAE oil supply commitment of up to 30 million barrelsNew offshore drilling contracts for Saipem
Drilling
Saipem has been awarded two new offshore drilling contracts with a total value of approximately USD 121 million.
[Read more…] about New offshore drilling contracts for SaipemSeatrium to complete construction of four premium offshore rigs
Construction
In a deal worth over S$500 million ($391 million), Keppel’s RigCo has enlisted Seatrium to complete the construction of four premium offshore rigs.
[Read more…] about Seatrium to complete construction of four premium offshore rigsArcher gives up on offshore wind EPC amid Culzean project challenges
Floating wind
Archer has decided to no longer pursue offshore wind EPC projects and will explore strategic options for Archer Wind, including partial or full divestment.
[Read more…] about Archer gives up on offshore wind EPC amid Culzean project challengesShell advances Kazakhstan exploration plans with seismic preparations
Kazakhstan
Shell is preparing for further exploration work in Kazakhstan, with the intention of carrying out seismic surveys to help assess whether a prospective block warrants deep drilling.
[Read more…] about Shell advances Kazakhstan exploration plans with seismic preparationsJV between Marco Polo Marine and NSEL from Korea
JV in Korea
Marco Polo Marine has established a joint venture in South Korea with local partner NSEL, strengthening its presence in the country’s offshore vessel market.
[Read more…] about JV between Marco Polo Marine and NSEL from KoreaSubsea installation contract for DOF in Africa
Subsea Contract
DOF Group announced the award of a subsea contract in Africa.
[Read more…] about Subsea installation contract for DOF in AfricaPerenco restarted production Foukanda Oil Field
Fossil Energy
Perenco has restarted production at the Foukanda field offshore Congo following the installation of new infrastructure connecting the field directly to its own facilities.
[Read more…] about Perenco restarted production Foukanda Oil FieldMoU to supply 20K Subsea Production Systems
MoU
TechnipFMC announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production.
[Read more…] about MoU to supply 20K Subsea Production Systems