New Prime Minister Boris Johnson has a lot on his plate before he looks to maintain UK insurance powerhouse With 98 days and counting until Brexit, Mr Johnson will stamp his authority on the super-sized gathering of 33 ministers. They have all signed up…
Australia-based MMA Offshore Limited (MMA) has entered into an agreement to acquire Neptune Marine Services Limited’s (NMS) key operating subsidiaries for A$18.5 million (US $12.9 million), the company announced on the 24th July. The purchase price includes A$5 million (US $3.5 million) in cash…
Oil and gas company Beach Energy has agreed to sell a 37.5 percent share in the PEP 38264 licence offshore New Zealand to a subsidiary of O.G. Energy. Beach Energy said in its financial report for the second quarter 2019 that O.G. Energy, owned…
Eni Vietnam has encountered natural gas and condensate in exploration well Ken Bau 1X in the Song Hong basin offshore Vietnam. Drilled to 3,606 metres TD, the well encountered several gas and condensate-bearing sandstone intervals interbedded with Miocene shale. Estimated net reservoir thickness is…
Pan Marine and Peterson are jointly providing supply base services to Dana Gas to support the deep-water Merak-1 exploration well in the N. El Arish concession in the eastern Mediterranean Sea. The package includes logistics management for all supply base work at Abu Qir…
New York has announced the country’s largest offshore wind energy agreement and the single largest renewable energy procurement in the country’s history, after choosing the 816 MW Empire Wind and 880 MW Sunrise Wind projects from its first offshore wind tender. Governor Andrew Cuomo…
TechnipFMC has been awarded a major (1) Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia. This development will consist of three liquefied natural gas trains, each with…
Dutch shipbuilder Damen has delivered two additional fast crew supplier vessels configured as patrol boats to West African offshore services supplier Homeland Integrated Offshore Services Limited (HIOSL). Damen said on the 23rd July that the two FCS 3307 vessels were delivered just five months…
Qatar Petroleum has signed agreements with Eni and Total to acquire a 25 percent stake in three blocks in the frontier areas offshore Kenya. The concessions in question cover L11A, L11B, and L12 blocks located in the waters offshore eastern Kenya. Qatar Petroleum…
Two weeks ago there were six British-flagged oil tankers in the Persian Gulf going about their business. A week later there were none. Iran’s threat to seize a British ship in retaliation for the arrest of the Grace 1 off Gibraltar has effectively closed…
