Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…
The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country's sovereign wealth fund which was set up in 2014 following the discovery of huge [offshore] natural gas deposits.After a four…
Dutch offshore installation services company Van Oord has installed the first of 50 monopile foundations at Iberdrola's Baltic Eagle offshore wind farm in Germany.The installation strategy for the foundations is based on the feeder concept,…
Colombia's majority state-owned oil company Ecopetrol will use new technology, including artificial intelligence, to improve exploration success rates and boost output from existing fields, new Chief Executive Ricardo Roa said on Monday.Roa…
Danish wind turbine maker Vestas said Tuesday it had won an order from Hibiki Wind Energy to supply offshore wind turbines for the Kitakyushu-Hibikinada offshore wind farm project in Japan.The offshore wind project is located offshore Kitakyushu city…
Exxon Mobil Corp. has applied to prequalify for four offshore oil blocks in Liberia, the West African country's state oil regulator said in a statement on Sunday. Once prequalified, Exxon will be invited to negotiate a Petroleum Sharing Agreement for Blocks 15…
An ailing crewmember was airlifted from a pipelay vessel in the U.S. Gulf of Mexico on Sunday, the U.S. Coast Guard said.Coast Guard Eighth District and Coast Guard Sector New Orleans command center watchstanders received a report at approximately 10 p…
The UK government has opened a consultation on future regulatory arrangements for offshore hydrogen. The consultation is seeking views on proposals for a ‘first layer’ of arrangements for transport and storage. The consultation, proposes to…
Fugro's remotely operated vehicle (ROV) introductory training course has received International Marine Contractors Association (IMCA) approval in what has been described as a 'world-first endorsement.'According to Fugro, the IMCA approval ensures…
The Society of Petroleum Engineers (SPE) said Monday that Simon Seaton had been hired as Chief Executive Officer. 'In the CEO role, Seaton will work with the Board of Directors on the short- and long-term development and growth of SPE as the…
President Tayyip Erdogan last Thursday flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections…
The Norwegian offshore industry safety body, the Petroleum Safety Authority Norway (PSA), said Monday that it had identified serious breaches of regulations at Saipem's Scarabeo 8 semi-submersible drilling rig after an audit earlier this year…
UK-based union Unite said Friday that historic 48-hour strike action would hit platforms in the UK North Sea.Unite said that 1300 offshore workers would begin a 48-hour stoppage from Monday, April, 24, which will cause 'severe' problems for major oil and gas operators…
Oslo-listed Panoro Energy has acquired Beender Tunisia Petroleum's 40% stake in Sfax Petroleum Corporation AS.SPC through its subsidiaries indirectly owns a 49 percent interest in the producing TPS Assets which comprise five oil field concessions in the region of the city of Sfax…
Denmark has lifted restrictions on sailing in waters near the Nord Stream pipeline leaks in the Baltic Sea and said it was no longer dangerous for ships to navigatein the area. The restrictions were lifted by the Danish Maritime Authority (DMA) at the recommendation of the Danish Energy Agency…