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Petrobras to contract subsea gear for FPSO pair in ultra-deepwater new frontier
May 30, 2023
Source: Upstream Online

Petrobras to contract subsea gear for FPSO pair in ultra-deepwater new frontier

Brazilian oil giant Petrobras has issued a tender to contract a fresh batch of subsea trees and associated equipment to assist in the development of two producing units to be deployed in the ultra-deepwater section of the Sergipe-Alagoas basin.

Saudi feast: Italian giant lands Aramco offshore contract
May 18, 2023
Source: Upstream Online

Saudi feast: Italian giant lands Aramco offshore contract

A leading Italian engineering and construction giant has landed a sizeable offshore contract from Saudi Aramco for work on its Marjan oilfield, as a part of the Saudi state giant’s long-term agreement (LTA) with international contracting players.

Three players chase DR Congo coastal basin play
May 15, 2023
Source: Upstream Online

Three players chase DR Congo coastal basin play

Oil companies have submitted expressions of interest in acreage, according the hydrocarbon minister

Seatrium secures two offshore wind contracts from Empire Wind
May 10, 2023
Source: World Oil

Seatrium secures two offshore wind contracts from Empire Wind

Seatrium Limited, through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind LLC, a joint venture between Equinor and bp.

Worley returns to FEED on Shell's Sparta ultra-deepwater project in the US Gulf
May 8, 2023
Source: Upstream Online

Worley returns to FEED on Shell's Sparta ultra-deepwater project in the US Gulf

Australian contractor Worley has won a new services contract for Shell’s Sparta ultra-deepwater field development in the US Gulf of Mexico, for which the final investment decision is now targeted later this year, reprising its role when the project was set to leave the drawing board as TotalEnergies’ North Platte.

Equinor profits top forecasts in strong first quarter
May 4, 2023
Source: Upstream Online

Equinor profits top forecasts in strong first quarter

Analysts point to an impressive performance in a quarter where profit is falling back from record levels seen in 2022. Norwegian energy giant Equinor has posted stronger than expected first quarter results at a time it is playing a key role in European energy security.

Fresh chase begins for Adnoc's giant Hail & Ghasha sour gas development
May 2, 2023
Source: Upstream Online

Fresh chase begins for Adnoc's giant Hail & Ghasha sour gas development

Abu Dhabi National Oil Company (Adnoc) has kicked off a fresh tender process for multiple packages involving its multibillion-dollar Hail & Ghasha offshore sour gas development.

Plans emerge for Brazil's first CCS hub as Petrobras mulls possible partnership with Shell
May 2, 2023
Source: Upstream Online

Plans emerge for Brazil's first CCS hub as Petrobras mulls possible partnership with Shell

Brazilian oil giant Petrobras is preparing a pilot project for the capture and storage of industrial carbon dioxide emissions and is looking to build partnerships for the country's first full-scale CCS hub.

Shell awards long-term contract for Brunei operations
April 24, 2023
Source: Upstream Online

Shell awards long-term contract for Brunei operations

UK supermajor Shell has awarded the Serikandi Kent Energy Solutions joint venture a five-year commissioning and start-up services contract for its activities in Brunei Darussalam.

Woodside chief blasts extremists that threaten investment in Australia’s gas industry
April 24, 2023
Source: Upstream Online

Woodside chief blasts extremists that threaten investment in Australia’s gas industry

Woodside Energy chief executive Meg O’Neill has slammed extremists who are doing the damnedest to scupper under development and new gas projects in Australia, the region’s largest liquefied natural gas exporter.

Saudi Aramco fires starting gun on huge offshore gas development project
April 21, 2023
Source: Upstream Online

Saudi Aramco fires starting gun on huge offshore gas development project

Contract involves multiple offshore facilities required at the Marjan oil and gas field

Baker Hughes scoops Petronas FLNG prize
April 21, 2023
Source: Upstream Online

Baker Hughes scoops Petronas FLNG prize

US services giant Baker Hughes has been chosen to supply key equipment for Petronas’ third floating liquefied natural gas (FLNG) vessel.

Dutch player to acquire stake in LNG terminal
April 17, 2023
Source: Upstream Online

Dutch player to acquire stake in LNG terminal

Vopak expanding LNG portfolio in Netherlands with an expected €100 million in total equity capital

Cancelled: Deal to buy world’s largest FSRU called off due to project delays
April 17, 2023
Source: Upstream Online

Cancelled: Deal to buy world’s largest FSRU called off due to project delays

Hong Kong LNG import project delay reduced attractiveness of Vopak's purchase

Wärtsilä, WEC Energy achieve “world first” with engine running on 25 vol% hydrogen blend
March 24, 2023
Source: World Oil

Wärtsilä, WEC Energy achieve “world first” with engine running on 25 vol% hydrogen blend

The technology group Wärtsilä and WEC Energy Group have successfully tested the capabilities of a Wärtsilä engine running on 25 vol% hydrogen-blended fuel. The tests, which were completed in October 2022, were conducted at WEC Energy Group’s 55 MW A.J. Mihm power plant in Michigan, U.S., using an unmodified Wärtsilä 50SG engine.

OEUK: UK energy import bill surged to over $127 billion in 2022, could remain elevated in 2023
March 24, 2023
Source: World Oil

OEUK: UK energy import bill surged to over $127 billion in 2022, could remain elevated in 2023

The UK’s energy import bill surged to £117 billion ($127.12 billion) last year – more than double 2021’s total of £54 billion ($58.67 billion), according to data in a new report from Offshore Energies UK.

L&T partnership with Subsea 7 bears fruit as Saudi Aramco dishes out offshore contracts
March 23, 2023
Source: Upstream Online

L&T partnership with Subsea 7 bears fruit as Saudi Aramco dishes out offshore contracts

A pairing of Indian engineering giant Larsen & Toubro (L&T) and Oslo-listed Subsea 7 has landed multiple offshore contracts from Saudi Aramco under the latter’s long-term agreement (LTA) framework to which a select group of international contractors have access.

Atlas Petroleum, partners advance Venus oil discovery offshore Equatorial Guinea
March 22, 2023
Source: World Oil

Atlas Petroleum, partners advance Venus oil discovery offshore Equatorial Guinea

Atlas Petroleum International Limited announced the development of the Venus oil discovery in Block P, Equatorial Guinea, jointly with its partners Vaalco as Operator, and Guinea Ecuatorial de Petroleós Co. (GEPetrol) as the state-owned oil company of Equatorial Guinea, representing the interests of the state.

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