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NEWS |
Wood secures UK government-backed loan linked to energy transition
Wood today announces it has agreed a $600m (£430m) loan with UK Export Finance, the export credit agency of the UK government, that will enable the company to capitalise on opportunities emerging as (...)
NEWS |
Death by a thousand treaties
The Energy Charter Treaty is the world’s most dangerous investment agreement.
NEWS |
BP awards Global Maritime – Global Framework Agreement for Marine Services
Global Maritime have been awarded a Framework Agreement, (FA) to provide specialist marine services to BP, globally...
NEWS |
Shell to Pay $111 Million to Resolve Long-Running Oil-Spill Dispute in Nigeria
Royal Dutch Shell Plc’s Nigerian unit agreed to pay a local community $111 million to resolve a long-running dispute over an oil spill that occurred more than half a century ago.
NEWS |
AGR provides peer study on Karoon Energy’s upcoming drilling campaign in Brazil
AGR’s Perth-based team is engaged by Karoon Energy (Karoon) to peer assist Karoon’s upcoming workover and appraisal drilling campaign in the Southern Santos Basin, offshore Brazil.
NEWS |
Plexus enters partnership with Schlumberger’s Cameron
Plexus Holdings PLC has entered into a new cooperation agreement with Schlumberger subsidiary Cameron which envisages a return to renting jack-up exploration (adjustable) wellhead technologies.
NEWS |
Subsea 7 announces floating wind acquisition
Subsea 7 today announced that it has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market b (...)
NEWS |
BP Signs Deals With Four Potential Customers for Teesside Hydrogen Production Project in England
BP PLC said Thursday that it has signed agreements with four potential customers for its clean hydrogen production facility in Teesside, England.
NEWS |
High Court to hear case against the OGA
The British High Court has agreed to hear a case by environmental campaigners claiming that the government's support of North Sea oil and gas companies conflicted with its plans to slash the country's (...)
NEWS |
UKOG eyes sale of UK North Sea licences
United Oil & Gas (UKOG) said on July 28 it had signed a heads of agreement to sell licences P2480 and P2519 in the UK North Sea to fellow London-based player Quattro Energy for up to £3.2mn ($4.4mn).
NEWS |
SAFER Training/VMT and RelyOn Nutec Qatar form alliance in Qatar
SAFER Training and partners Virtual Marine have signed a multi-year agreement to deliver specialist Offshore Lifeboat Coxswains training in Qatar using our innovative and realistic simulation technolo (...)
NEWS |
Seadrill secure agreement to exit Chapter 11
Seadrill Limited ("Seadrill" or the "Company") is pleased to announce that today the Company has entered into a plan support agreement (the "PSA") with certain of the Company's senior secured lenders (...)
NEWS |
Wellesley Petroleum and Equinor agree asset swap on the Norwegian Continental Shelf
Wellesley Petroleum and Equinor have signed a Sale and Purchase Agreement covering several development assets on the Norwegian Continental Shelf.
NEWS |
Brent Oil: Three reasons to see a rise to $80 by end-September – UBS
Brent Crude Oil traded 2.4% lower after OPEC+ ministers agreed over the weekend to lift supply by 400,000 barrels a day each month from August 2021 through April 2022.
NEWS |
Oceaneering and DDK Positioning Sign Service Agreement Enhancing C-Nav® Positioning Solutions’ Offerings
Oceaneering International, Inc., and DDK Positioning Limited announced the companies have entered into an agreement for the provision of GNSS (Global Navigation Satellite System) augmentation service (...)
NEWS |
Cerulean Winds signs agreement with px Group to support onshore green hydrogen plants and associated industrial infrastructure
Green infrastructure developer Cerulean Winds has signed an agreement with px Group, the UK’s leading operator of large-scale industrial facilities, as it moves to progress its plans for an integrated (...)
NEWS |
Equinor Extends Maersk Rig's Stay at Martin Linge Field
Norwegian oil company Equinor Energy has exercised an option to add well intervention work to the previously agreed contract for Maersk Drilling's Maersk Intrepid jack-up drilling rig.
NEWS |
Maersk Training and Diamond Offshore enter into three-year global training management and service agreement
Maersk Training will deliver “fit for purpose” and industry-leading immersive simulation and crew resource management training for Diamond Offshore crews worldwide under a new global training manageme (...)
NEWS |
Subsea 7 agrees to combine its Renewables business unit with OHT
Subsea 7 S.A. today announced an agreement to combine its Renewables business unit(1) with OHT ASA, subject to the customary approvals, conditions and relevant employee consultations.
NEWS |
Valaris has charter contract extended
Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a 200-day extension to its bareboat charter agreement with ARO Drilling.
NEWS |
Oil on a bullish momentum as OPEC+ policy rift drags on - Rystad Energy comments
Oil prices are rising today as a result of a disagreement between OPEC+ members on how much supply the alliance should bring back to the market from August, which drags on since last week.
NEWS |
Irish offshore wind surveys interrupted by post-Brexit ruling
Representatives of ESB, the Irish utility that is planning to develop up to 5 GW of offshore wind in Irish waters with developer Equinor, told OWJ that the IAA’s interpretation of the terms of the EU- (...)
NEWS |
Wood settle bribery probe with $177m settlement
John Wood Group PLC has agreed to pay US$177mln to settle a corruption and bribery inquiry related to Amec Foster Wheeler, which it acquired in 2017.
NEWS |
Quanta signs Partnership Agreement with OPRA Turbines
Quanta, head quartered in Newcastle, UK and with an office in Aberdeen, will become an official reseller for OPRA Turbines in the North Sea region for the offshore oil and gas segment.
NEWS |
OSSO and Medra Arabia sign partnership to deliver drilling solutions in Saudi Arabia
OSSO, the specialist fluid temperature control and separation solutions provider, has signed a partnership agreement with Medra Arabia, the national diversified oil and gas service company, in Saudi A (...)
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