Russian energy companies Novatek and Gazprom Neft on Friday created an exploration and production joint venture which will focus on work in the East Siberian Sea and the Chukchi Sea.As part of the agreement, Novatek acquired a 49% participation interest in OOO Gazpromneft Sakhalin…
Hurricane Energy plc, an oil and gas company that produces oil from the Lancaster field off the UK, is facing business wind-down unless it agrees a shorter charter extension for the Aoka Mizu FPSO than originally agreed.The company, which started…
Offshore seismic surveyor Shearwater GeoServices has kicked off the second phase of ION Geophysical’s 11,000 sqkm UK Mid North Sea High 3D seismic survey program using the Oceanic Vega vessel.'The Mid North Sea High’s proximity to shore and…
Exxon Mobil has relinquished its 80% interest in Ghana’s Deepwater Cape Three Points offshore block, a spokesman told Reuters on Thursday.“Exxon Mobil is prioritizing near-term capital spend on the most advantaged assets with the lowest cost…
Several oil companies are challenging Fieldwood Energy’s proposed reorganization plan, saying it does not appropriately address its environmental obligations.The oil companies, which include Shell Offshore, BP Exploration & Production, ConocoPhillips Company and Marathon Oil Company…
Equinor has awarded Ocean Infinity's MMT a contract for export cable route surveys for the ‘Beacon Wind’ offshore wind farm in the U.S.MMT is performing a combination of geophysical, geotechnical, environmental, and benthic surveys along the export route of Beacon Wind sites 1 and 2…
Offshore wind vessel firm Edda Wind said Wednesday it had won a contract to support the commissioning and construction of the first two phases of the giant Dogger Bank wind farm in the UK.'Edda Wind and Dogger Bank Wind Farm have agreed on a new contract for the newbuild CSOV Edda TBN C490…
Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market, according to a draft government report.Fewer restrictions could attract more energy groups to explore Israeli waters…
Danish offshore drilling firm Maersk Drilling has secured a two-well contract extension for one of its drilling rigs in Brazil.The contract, for the Maersk Developer semi-submersible drilling rig, is with Karoon Energy, which on Thursday announced…
The first of four Ocean Sun floating solar plants started operation Wednesday at the Statkraft Banja reservoir in Albania.The floater is located on Statkraft’s 72-megawatt hydropower plant and is now generating renewable energy and injecting the power into the Albanian national electricity grid…
Vagit Alekperov, the head of Russia's second-largest oil company Lukoil, said on Thursday that he expects the group of leading oil producers, known as OPEC+, will decide to raise output at its meeting next month.In an interview with Reuters…
Offshore wind farm developer Ørsted said Thursday it would work to either reuse, recycle, or recover all of the wind turbine blades in its global portfolio of onshore and offshore wind farms upon decommissioning.Mads Nipper, CEO of Ørsted said…
Excelerate Energy’s floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.The Exemplar, with a storage capacity of 150,900 m3…
Offshore vessel operator Bourbon Offshore Surf has won a tender for the supply and management of the crew and nautical activities of the deep-sea vessels owned by the French Department of Underwater Archaeological Research (DRASSM) Alfred Merlin and André Malraux…
Offshore services company Acteon has secured an integrated project with Saipem for casing installation and drilling support on the Calvados offshore wind farm (Courseulles-sur-Mer). The contract was signed by LDD, a company in Acteon's foundations and cables segment…
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