Studies by Brazilian state-run oil company Petrobras show that a single oil block of Amapa's equatorial margin could total more than 5.6 billion barrels of oil, the country's mines and energy minister said on Friday.Alexandre Silveira's remarks…
Cyprus and international energy companies led by Chevron have agreed to extend talks on how to develop its Aphrodite offshore gas field amid progress in negotiations, its energy minister said on Friday.'It is not a new negotiating round, it's…
BASF, which has said it is seeking an exit from its energy business Wintershall Dea, has attracted deal interest from companies including TotalEnergies and Equinor for the oil and gas unit, German newspaper Handelsblatt reported on Monday.BASF CEO Martin Brudermueller…
Italian oil and gas firm Eni said Monday it had made a significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, about 85 km off the coast of East Kalimantan in Indonesia. 'Preliminary estimates indicate a…
Offshore installation services company Jan De Nul has ordered an extra-large cable-laying ship with an 'unrivaled' cable-carrying capacity from China's CMHI Haimen shipyard.The vessel, to be named Fleeming Jenkin, will have a cable-carrying capacity of 28…
Integrated Wind Solutions' subsidiary, IWS Fleet AS, has agreed with the shipyard China Merchants Industry Holdings to postpone equity yard installments of a total of 36 million euros on IWS Seawalker, IWS Starwalker, IWS Moonwalker, and IWS Sunwalker offshore wind service vessels up to one year…
A UK-based trade body representing companies operating in the UK subsea sector, Global Underwater Hub (GUH), received a visit from King Charles on Friday, September 29.GUH said it had provided King Charles with a tour of its premises in Westhill on the outskirts of Aberdeen…
Oilfield services giant Baker Hughes said Friday it had secured two 'major' contracts from the Norwegian oil and gas company Vår Energi.The first contract, a nine-year engagement, is for well intervention. In addition to the interventions scope…
Dutch King Willem-Alexander has officially inaugurated the offshore wind farm Hollandse Kust Zuid in the Dutch sector of the North Sea.To mark the occasion the king celebrated the completion of Vattenfall’s largest offshore wind farm to date together with executives of Vattenfall…
Danish power cable maker NKT has been awarded a combination of five on- and offshore power cable projects embedded in a long-term framework agreement by the German transmission system operator 50Hertz.According to NKT, with a combined value of about 3…
Praxis Automation, a company specializing in ship automation, electrical propulsion, and dynamic positioning systems, will outfit 59 vessels of Saudi-based Rawabi Vallianz Offshore Services's (RVOS) with Praxis DP-2 systems.Under this RVOS fleet-wide contract…
Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability, and required infrastructure investments all make the situation uncertain…
Britoil Offshore Services said this week it had acquired 30 offshore service vessels and supporting offices in Singapore from Dutch shipping firm Vroon.'The acquisition will see an expansion of Britoil’s operating footprint into the Mediterranean…
The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature the lowest number of auctions in the history of the program in the four years to follow, according to three sources familiar with the matter…
Danish wind turbine maker Vestas has secured a firm order to deliver and install turbines for Poland's largest offshore wind farm.The order, from a joint venture between ORLEN and Northland Power, is for the supply of turbines for the 1.14 GW Baltic Power offshore wind farm…
Subscribe
