EnerMech has secured a two-year contract extension with Dubai Petroleum to continue providing the Middle East operator with crane maintenance services across its offshore assets. Originally awarded in 2022, Dubai Petroleum has automatically extended the contract, for the optional term, an endorsement of EnerMech’s track record and high standard of service across the previous three […]
“We are honored to be entrusted once again by Golar with this FLNG upgrading contract,” said Marlin Khiew, Executive VP, Energy (Americas), Seatrium. “FLNG Hilli Episeyo is a testament to the strong track record of the projects we have delivered to Golar over the years and reflects their confidence in Seatrium as a partner in the development, conversion and upgrading of high-quality, sustainable, and robust production units.”
Subsea7 has landed a major1 contract with the Turkish Petroleum Offshore Technology Center (TP-OTC). The project was awarded for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Türkiye.
During a state visit to Brasilía this week, Nigerian President Bola Tinubu focused on deepening economic cooperation and unlocking strategic partnerships, and welcomed Petrobras’s planned re-entry into the Nigerian market. The two countries signed five Memoranda of Understanding covering trade, energy, aviation, science and finance, signaling a shift from symbolic ties to practical, high-impact collaboration.
Fracking has boosted U.S. oil and gas production to record highs and significantly raised America’s oil and gas exports, giving the United States sway over global oil and LNG markets. Soaring U.S. oil production has challenged OPEC’s decades-long influence on global oil supply and prices, while American LNG exports have upended global natural gas trade, both in cargo flows and pricing mechanisms.
We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy.
The FPU will be deployed northwest of the Djeno Terminal, offshore the Republic of Congo, at a depth of approximately 35 metres.
Equinor ASA and its partners have struck an oil and gas discovery nine kilometers (5.59 miles) north of the Troll field on Norway’s side of the North Sea.
Malaysia’s Petroliam Nasional Berhad (Petronas) has produced the first hydrocarbons from the Bindu field, located 210 kilometers (136 miles) off the coast of Terengganu.
EnQuest along with its joint venture partners and the Government of Indonesia have signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.