News

​QatarEnergy said it signed a long-term agreement with Qatar Gas Transport Company Limited (Nakilat) under which Nakilat will own and operate nine “QC-Max” class LNG vessels, the largest LNG vessels ever built. The agreement was signed May 8 by Saad...

The government of Guyana and the United States Embassy in Guyana announced a flyover of two U.S. Navy aircraft, F/A-18F Super Hornets in Guyana.  The embassy said the jets, which were transported on the USS George Washington aircraft carrier, were...

Øivind Tangen, Chief Executive Officer of SBM Offshore said that the company’s latest award for the Jaguar floating production, storage and offloading (FPSO) vessel is its first to be based on a sale-and-operate model.  Jaguar is its fifth for ExxonMobil...

With majors moving to sell out Nigeria assets, there is a trend of international oil companies (IOCs) exiting mature African basins and shifting to ‘frontiers like Guyana and Namibia’, according to S&P Global Commodity Insights. Eni agreed to sell its...

The Offshore Technology Conference (OTC) presented a Distinguished Achievement Award to Petrobras in the “Companies, Organizations, and Institutions” category.  Petrobras garnered recognition for its innovations in revitalizing mature fields within the deepwater Campos Basin, particularly advancements in the Marlim field. Jean...

SLB announced the award of a sizeable integrated engineering, procurement, construction, and installation (EPCI) contract by OKEA to its OneSubsea™ joint venture and Subsea7. The contract will see the partnership develop the Bestla (formerly known as Brasse) project in...

The American Bureau of Shipping (ABS) has awarded the world’s first REMOTE-CON Notation to the Liza Unity floating production, storage and offloading (FPSO) vessel, it said in a May 7 release. Dutch floater specialist SBM Offshore delivered the vessel...

Five of the 15 drillships in Noble’s fleet are currently under contract offshore Guyana and Suriname, in aid of exploration and development works in the basin.  A May 6 Fleet Status Report from Noble noted that four ships are in...

Seatrium Limited said it got a job to integrate the topsides for the Errea Wittu floating production, storage and offloading (FPSO) vessel. Offshore Frontier Solutions Pte. Ltd., a MODEC Group Company, issued the award. The contract scope of work covers...

Noble Corporation said, in its first quarter earnings release, that new contracts since its prior-quarter update totaled US$215 million (including mobilization payments). These include: Noble Venturer was awarded a three-well contract for an estimated 150 days with Trident Energy in Equatorial...