Vaalco acquires 70% interest in and becomes operator of offshore Côte D’Ivoire CI-705 block
VAALCO Energy, Inc. has announced that it has farmed into the CI-705 block offshore Côte d’Ivoire.
Offshore & subsea
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EnerMech awarded pre-commissioning contract by SBM Offshore
EnerMech awarded pre-commissioning contract for ONE GUYANA FPSO by SBM Offshore.
Expro wins tubular contract for Netherlands CCS project
Expro wins contract supplying tubular running services for landmark carbon capture and storage project
OneSubsea and Innovex sign master service agreement for subsea wellhead technology
Innovex has announced the signing of a strategic Frame Agreement with SLB OneSubsea, for the supply of subsea wellhead systems.
Saipem announces agreement in principle for merger with Subsea7
Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a Memorandum of Understanding (MoU). The proposed combination is expected to create a global leader in energy services.
Global oil and gas contract value remains stable in 4Q24: GlobalData
Global oil and gas contract value remains stable despite volume decline in 4Q24, reveals GlobalData.
Xodus appointed to one of Japan’s first large-scale CCS projects
Xodus secures contract to support one of Japan’s first large-scale CCS projects.
Strohm and UNITECH Offshore to deliver enhanced pipeline solutions
Strohm and UNITECH Offshore combine expertise to deliver enhanced pipeline solutions.
bp announces start of production from Raven Second Development Phase, offshore Egypt
The new wells are expected to produce approximately 7 million barrels of condensate.
SBM Offshore awarded a study by Petrobras for FPSO Carbon Capture Solution
SBM Offshore has announced the signature of a study with Petrobras for the application of Carbon Capture Modules on FPSOs.
Svanehøj to supply CO2 pumps for INEOS’ Project Greensand in the North Sea
Svanehøj to supply CO2 pumps for the onshore facility and the first LCO2 carrier for Project Greensand.
McDermott announces completion of project in East Malaysia ahead of schedule
McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24.
ABL to support Saipem on Libyan offshore project
Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Saipem, to support the marine transportation and installation (T&I) operations relating to Libya’s Bouri Gas Utilisation Project (BGUP).
SLB OneSubsea signs agreement with Vår Energi for upcoming subsea developments in Norway
The award leverages the existing strategic subsea partnership agreement between the two companies for standardised subsea equipment, supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf (NCS).
Halliburton announces offshore drilling contract with Petrobras
The contract scope includes drilling services for development and exploration wells over a three-year period.