VPI awards agreement for Humber zero carbon capture project
VPI, has awarded Worley an engineering services agreement (ESA) to support the Humber Zero Carbon Capture project.
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VPI, has awarded Worley an engineering services agreement (ESA) to support the Humber Zero Carbon Capture project.
The company has secured a total of 11 new contracts since July 2023, delivering subsurface insights to companies in the geothermal, CCUS, oil and gas, mining, and water exploration sectors.
Deltic Energy has announced that the Valaris 123 drilling unit has been mobilised and is on route to the Selene well location.
Valaris has announced that it has been awarded a multi-year contract with Equinor Energy do Brasil Ltda., a subsidiary of Equinor, for drillship VALARIS DS-17.
Seatrium has announced that it has secured a series of repairs and upgrades contracts with an aggregate value of US$180 million from their partners.
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.
Parkmead has announced that further to the provisional award of three blocks as part of the 33rd UK offshore licensing round, the P2634 licence has now been formally awarded to Parkmead by the UK Government’s North Sea Transition Authority (NSTA).
TechnipFMC has been awarded a large integrated engineering, procurement, construction, and installation (iEPCI™) contract by Energean for its Katlan development in the Mediterranean Sea.
Diamond Offshore Drilling hasannounced that it has entered into a contract with BOE Exploration & Production LLC for the Ocean BlackRhino for work in the U.S. Gulf of Mexico.
Tenaz Energy has entered into an agreement with Nederlandse Aardolie Maatschappij B.V., a 50/50 joint venture between Shell PLC and ExxonMobil Corporation, to acquire all of the issued and outstanding shares of NAM Offshore B.V. for base consideration of €165 million (US$246 million), prior to closing adjustments and contingent payments.
According to Wood Mackenzie, international M&A spend from NOCs has collapsed from over US$30 billion per year (2009 – 2013) to less than US$5 billion (2019 - 2023).
The company has announced an extension of its deepwater Ocean Bottom Node (OBN) data acquisition campaign in West Africa.