Japanese subsea cable laying firm Kokusai Cable Ship (KCS) and the shipping giant Mitsui O.S.K. Lines (MOL) have signed an agreement to collaborate on the operation of cable-laying ships to meet the increasing demand for the installation of power cables…
Offshore drilling contractor Transocean on Wednesday released its quarterly offshore drilling rig fleet status report, which shows one contract terminated in Norway, and several new deals secured Norway, U.S. Gulf, Brazil, Angola, Brunei, and…
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said.The…
Offshore drilling firm Transocean said Wednesday it had secured drilling rig contracts worth $116 million in total for two rigs in Norway.First, the Transocean Barents semi-submersible drilling rig was awarded a two-well contract in Norway, with a start expected in February 2022…
Oil company MOL Norge AS, a Norwegian subsidiary of Hungarian MOL, has received a drilling permit for an appraisal well in the North Sea, offshore Norway.MOL will use the Transocean Barents semi-submersible drilling rig to drill the well formally named Well 25/8-21 S…
Offshore drilling firm Transocean on Friday released its quarterly fleet status report in which it announced several new contracts, a contract termination in Malaysia, and the retirement of the Leiv Eiriksson semi-submersible drilling rig.Some of the contracts have been announced previously…
Hungarian oil and gas company MOL has drilled a dry well in the North Sea, offshore Norway, the Norwegian Petroleum Directorate informed Wednesday.The exploration well 2/9-6 Sl was drilled on the west side of the Mandal High, about 9 kilometers…
Transborders Energy, an Australian company working to develop a 1.5 mpta FLNG solution for marginal field development, on Wednesday said it had signed a multi-party and multi-project FLNG Solution Agreement with multiple contractors, bringing the FLNG unit closer to reality…
Wave energy converter developer Bombora has entered into an agreement with Japan's Mitsui O.S.K. Lines (MOL) to identify wave energy potential in Japan and across the region.MOL has recently said it has completed a detailed internal technical review of Bombora’s mWave wave energy converter…
Norwegian oil and gas company Pandion Energy has agreed to acquire interests in two offshore production licenses in Norway from Wintershall DEA.Pandion will acquire a 2.5 percent interest in PL 820 S and a 15 percent interest in PL 617, both in the North Sea…
Denmark's government urged political parties to discuss the future of oil and gas extraction in the North Sea after Total withdrew from the latest licensing round, the Ministry of Climate, Energy, and Utilities said on Thursday.'Total, which is the North Sea's largest operator…
Battery solutions provider Corvus Energy has won a contract with Vard Electro to supply lithium-ion battery-based Energy Storage Systems (ESS) for the new vessel being built at Vard Vung Tau yard in Vietnam for the Greater Changhua wind farms in Taiwan…
Norwegian offshore drilling company Odfjell Drilling will recycle its oldest drilling rig the Deepsea Bergen, to focus on its modern, harsh-environment drilling rigs.In a quarterly update on Thursday, Odfjell said that the Deepsea Bergen rig…
Norwegian offshore crane specialist Red Rock has recently received an order to deliver a telescopic offshore crane for an under-construction service operation vessel (SOV) being built for the Taiwanese offshore wind market.The order for the…
Croatia expects to start talks with Hungarian energy group MOL on a possible buyback of shares in Croatian gas and oil company INA by the end of June, the country's Energy and Environment Minister Tomislav Coric said.Croatian Prime Minister…