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TDI-Brooks Develops Tool for Enhanced Soil Testing

Jul 12, 2023

TDI-Brooks, a company specializing in geotechnical and offshore survey projects, said Wednesday it had developed and tested a new instrument called the Auto-Minivane.  'The Auto-Minivane instrument is a self-contained, stand-alone miniature vane shear testing device that can be used in a 0…

North Star Welcomes Caspar Blum as European Renewables Lead

Jul 12, 2023

UK-based offshore vessel operator North Star has appointed Caspar Blum to the newly created role of European renewables lead. Based in Hamburg, at the Hanseatic Trade Center at the Am Sandtorkai 74 building, he will be the main focal point for the business within the region…

Azerbaijan Oil Output Declines 8% to 15.2 mln metric Tons in Jan-June

Jul 12, 2023

Azerbaijan's oil output was at 15.2 million metric tons between January and June, country's, energy minister Parviz Shahbazov said on Wednesday on Twitter, a decline of 8% from the year-earlier period.Production of oil in Azerbaijan has been…

Tseven Elise MOPU Starts Gas Production at Bayan Offshore Field in Malaysia

Jul 12, 2023

Gas production has started via Tanjung Offshore Services' Tseven Elise Mobile Offshore Production Unit (MOPU) at Petronas Carigali's Bayan field. The news was shared Wednesday by T7 Global, a parent company of Tanjung Offshore Services.In 2020…

Shell's North Sea Discovery May Be Twice as Big as Initially Assumed, Partner Says

Jul 12, 2023

Oil and gas company Deltic Energy Plc on Wednesday announced a significant increase in the estimated oil and gas resources for Shell's Pensacola discovery in the UK North Sea, with the analysis revealing nearly double the initial expectations…

Mexico's Pemex to Lose Some 100,000 bpd of Crude this Month after Deadly Platform Fire

Jul 12, 2023

Mexico's state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per day (bpd) until the beginning of August after a massive fire on Friday at an offshore platform, a top company source said.The reduced production implies that…

No Hydrocarbons at Zhenis Offshore Project, KazMunayGas says

Jul 12, 2023

Kazakhstan's state energy company KazMunayGas KMGZ.KZ said on Tuesday that exploration drilling showed no hydrocarbons at the offshore Caspian Sea project Zhenis where it has been jointly working with Russian oil producer Lukoil LKOH.MM.Interfax news agency said…

Carnelian Backs Alta Mar Energy's Offshore Oil & Gas Ventures in the Gulf of Mexico

Jul 11, 2023

Alta Mar Energy, an upstream company focused on non-operated oil and gas investments in the U.S. Gulf of Mexico, on Tuesday announced the closing of an equity commitment from investment funds managed by Carnelian Energy Capital Management, L…

Global Energy Demand to Rise 23% by 2045, OPEC Says

Jul 11, 2023

Global demand for all forms of energy is forecast to rise by 23% through 2045, OPEC Secretary General Haitham Al Ghais told a Nigerian oil and gas conference on Tuesday. Oil executives and officials from the Organization of the Petroleum Exporting…

Carbon Storage: Vår Energi Acquires Feistein CCS

Jul 11, 2023

Norwegian offshore oil and gas producing firm Vår Energi has acquired Feistein CCS – a company specializing in maturing large-scale, cost-efficient CO2 storage opportunities, in a push to accelerate decarbonisation efforts through carbon storage…

Noble Corp. Wins $49M Drillship Contract Extension in Malaysia

Jul 11, 2023

Offshore drilling firm Noble Corporation said Tuesday that Shell's Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) had exercised three one-well options on the current Noble Viking drillship contract in Malaysia…

Norway's Safety Watchdog Demands Action from Equinor Mongstad after Worker's Fall from Scaffolding

Jul 11, 2023

Norway's oil and gas industry safety watchdog Petroleum Safety Authority Norway (PSA) has concluded its investigation into a January 2023 incident at Equinor's onshore processing plant in Mongstad, where a worker fell from scaffolding from a height of 23…

Velesto Unveils PTTEP Jack-up Drilling Deal

Jul 11, 2023

Malaysian firm Velesto Drilling, a subsidiary of Velesto Energy, has secured a contract from the Thai-based oil firm PTTEP to provide a jack-up drilling rig for its offshore drilling program in Malaysia.In a statement on Tuesday, July 11, 2023…

Petrobras Makes History, Sells First FPSO for Green Recycling in Brazil

Jul 11, 2023

In a first, Brazilian oil company Petrobras last week reportedly sold the P-32 FPSO for sustainable recycling in Brazil, paving the way for the development of the local ship recycling industry.The sale of the floating unit P-32 reportedly took place on July 7…

Africa Oil Corp. Expands Interest in Block 3B/4B Offshore South Africa. Plans Underway for Two-well Drilling Campaign

Jul 11, 2023

Africa Oil Corp. has entered an agreement to increase its operated working interest (“WI”) in Block 3B/4B, located in the Orange Basin offshore South Africa and, the company says, on trend with the Venus, Graff, La Rona and Jonker oil discoveries in the nearby Namibia…

Current News

GMS Scoops Middle Eastern Jack-Up Vessel Deal

GMS Scoops Middle Eastern Jack

Eidesvik Offshore Secures Work for Viking Princess PSV

Eidesvik Offshore Secures Work

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Yinson Production Cuts First S

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

MOL Gets ClassNK Approval for

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