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China's Sinopec Becomes First Asian Shareholder in Qatar's NFE Project

Apr 12, 2023

Qatar's state-owned energy firm QatarEnergy has signed a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, dubbed the largest project in the history of the LNG industry.The agreement was signed by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and Dr. MA Yong-sheng…

Equatorial Guinea, Cameroon Sign Oil & Gas Collaboration Deal

Mar 20, 2023

Teodoro Obiang Nguema Mbasogo, President of the Republic of  Equatorial Guinea, and  Paul Biya, President of the Republic of  Cameroon, have signed a bilateral treaty to see the two West African countries cooperate on cross-border oil and gas development and monetization…

Reach Subsea to Provide Full Range of Services for Equinor under 3-year Agreement

Mar 14, 2023

Norwegian subsea services firm Reach Subsea said Monday it had signed three-year frame agreement with Equinor for work on the Norwegian continental shelf and internationally to 2026. The agreement covers the full spectrum of Reach Subsea services…

Wärtsilä Signs Five-year Vessel Maintenance Deal with Abu Dhabi's NPCC

Mar 13, 2023

Finland-based marine technology company Wärtsilä has signed a five-year vessel maintenance deal with Abu Dhabi-based firm National Petroleum Construction Company (NPCC).Wärtsilä said that the agreement covered seven vessels in the NPCC fleet and was designed to maximize operational uptime…

Lukoil, KazMunayGas in Caspian Sea Collaboration

Feb 09, 2023

Russian oil firm Lukoil has signed several agreements with Kazakhstan's KazMunayGas in Astana regarding the Kalamkas-Sea, Khazar, Auezov subsoil area development project in the Kazakhstan sector of the Caspian Sea. They define the rights and…

PGS to Conduct 4D Surveys on Gullfaks and Gudrun Fields for Equinor

Jan 24, 2023

Norwegian energy giant Equinor has exercised an option to extend the framework agreement with the seismic company PGS, originally entered into in March 2021. The extension is valid for two years.The two-year framework agreement covers 4D monitoring…

Singapore's Keppel Offshore & Marine Resolves Corruption Case in Brazil

Dec 20, 2022

Singapore's Keppel Offshore & Marine (KOM) has reached a joint resolution with the authorities in Brazil, in relation to the corrupt payments made by a former agent of Keppel Offshore & Marine in Brazil, which was previously announced in December 2017…

Aker Solutions, Petrobras in Frame Agreement for Supply of Subsea Production Systems

Nov 07, 2022

Norway's Aker Solutions has been awarded a frame agreement from Brazil's Petrobras and partners to provide subsea production systems (SPS) and subsea lifecycle services (SLS) for Petrobras-operated oil and gas fields offshore Brazil.The frame agreement has a fixed period of five years…

Offshore Helicopters: Bristow in Long-term Maintenance Support Deals for AW139 Fleet

Jun 30, 2022

Offshore helicopter specialist Bristow Group has signed long-term maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on Bristow's global fleet of AW139 helicopters. AW139 helicopters offer seating for 12 persons…

PSW Technology to Provide Maintenance Services for Odfjell Drilling's Rig Equipment

Jun 28, 2022

Scana-owned PSW Technology has signed a one-year extension of its frame agreement with the Norwegian offshore drilling contractor Odfjell Drilling.The frame-agreement is for maintenance and recertification of marine riser and subsea equipment for all of Odfjell Drilling's offshore drilling rigs…

Worley to Provide Engineering Support for Chevron's Onshore, Offshore Assets

Jun 28, 2022

Engineering group Worley has entered into a global master services agreement with the U.S. oil and gas giant Chevron, covering Chevron’s upstream, midstream, and downstream business needs.The agreement can be used by Chevron’s business units…

Chevron Awards Worley Global Services Agreement

Jun 17, 2022

Worley and Chevron Corporation (Chevron) entered into a global master services agreement covering Chevron’s upstream, midstream, and downstream business needs. The agreement can be used by Chevron’s business units including those involved in…

Equinor, Aibel Pen 10-Year Collaboration Agreement

May 13, 2022

Norwegian energy company Equinor has entered into a ten-year strategic collaboration agreement with the offshore engineering and construction firm Aibel.'The ten-year agreement aims to ensure predictability, which will be important to both parties in times of many great and important opportunities…

Scana's PSW, Schlumberger's Cameron Sign Riser License Deal in Norway

Feb 03, 2022

Scana's PSW Technology has signed an exclusive license agreement with global oil service provider Cameron, a subsidiary of Schlumberger company.The agreement, which is the first in Norway for both Cameron and PSW, allows PSW to carry out recertifications…

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)

Oct 14, 2021

BP Singapore has agreed to offtake crude oil produced from the Cliff Head oil field, offshore W. Australia.BP has signed a binding deal to buy the oil from the offshore oil field with the Cliff Head Joint Venture consisting of Triangle Energy and Pilot Energy…

Current News

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Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Russia's Seaborne Oil Product Exports Fell in March

Russia's Seaborne Oil Product Exports Fell in March

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

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