Norway's crude oil output slipped in January from the previous month, missing official forecast, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output eased to 1.75 million barrels per day (bpd) in January from 1…
Partners in the Leviathan gas field in the eastern Mediterranean have approved nearly $100 million of spending on preparation for expansion that includes a floating liquefied natural gas (LNG) terminal off the coast of Israel, the companies said on Tuesday…
Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025…
Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group is prevented from increasing gas production at its offshore project due to higher taxes and regulation, its chief executive said on Tuesday. BSOG launched Romania's…
Canada's Suncor Energy said on Tuesday that former Exxon Mobil executive Rich Kruger would take over as its chief executive officer, replacing interim boss Kris Smith. Kruger, a near 40-year veteran of Exxon Mobil Corp, served as CEO of Imperial Oil Ltd for six years before retiring in 2019…
Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications…
Seajacks, a division of Eneti that provides offshore installation services, has won a contract for one of its jack-up vessels.Eneti said Tuesday that the contract was in northwest Europe. The contract, with an unnamed client, is for 41 to 53 days…
Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil, after the first control well, Neon-1, confirmed the presence of 25 meters of net oil-bearing pay.Neon-1 and Neon…
Greece has concluded two-dimensional (2D) seismic surveys for two offshore blocks off the island of Crete, under its renewed drive to identify potential gas reserves, the state-owned energy resources company said on Monday. Greece, which views gas as a transition fuel as it ramps up renewables…
Brent oil prices fell on Tuesday as fears that a global economic slowdown would reduce fuel demand prompted investors to take profits on the previous day's gains. Traders are awaiting the minutes of the latest Federal Reserve meeting, due on Wednesday…
TechnipFMC has won a contract with TotalEnergies to supply flexible pipe and associated hardware for what it said was the French oil major's first subsea life extension project in West Africa.The project, in Angola's offshore Block 17, is related to the Girassol field life extension…
DNV said Monday it was launching the second phase of H2Pipe, a joint industry project (JIP) aiming to develop a new code for the design, re-qualification, construction, and operation of offshore pipelines to transport hydrogen—either pure or blended with natural gas…
Brazilian state-run oil company Petrobras said on Friday its Chief Executive Officer Jean Paul Prates has appointed Sergio Caetano Leite to be the company's chief financial officer. Reuters had previously reported that Leite, Prates' business partner…
James Fisher and Sons plc and Uptime International have signed a memorandum of understanding to partner for the use of motion compensated gangways in the development of the pioneering Ulstein SX221 Diamond SOV. The duo said that the agreement…
Oil and gas company Panoro Energy has been awarded a 56 percent stake in and operatorship of Block EG-01, located offshore Equatorial Guinea. Partners in the block will be Kosmos Energy and GEPetrol.Block EG-01 borders both Block G where Panoro has a 14…
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