Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc.The three-year contract is for the provision of coil tubing equipment and services in the Gulf of Thailand…
UK-based energy company Viaro Energy said Thursday that following approval from the UK North Sea Transition Authority (“NSTA”), all conditions have been met to complete the farm-in agreement with Hartshead Resources Ltd., as announced on April 5…
Norwegian offshore seismic survey firm PGS said Thursday that its seismic vessel Ramform Atlas had started acquiring data on the 2023 Norwegian Sea GeoStreamer X survey. This project is a continuation of a multi-season campaign.'Over the summer season…
Crown Energy said Thursday it would withdraw from the joint venture operating the Block 2B offshore South Africa after disappointing results of the Gazania-1 exploration well drilled in 2022.The Gazania-1 well was spudded in October 2022, using the Island Innovator semi-submersible drilling…
Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…
Oilfield services firm TechnipFMC has won a contract to supply subsea umbilicals, risers, and flowlines (SURF) for the recently sanctioned $9 billion BM-C-33 offshore development in Brazil.The contract was awarded by Equinor, the operator of the offshore block…
TotalEnergies has awarded two 4D seismic survey contracts to Shearwater covering the Laggan, Tormore, and Edradour offshore gas fields, west of Shetland, in the UK.TotalEnergies might also extend the contract to include the Glenlivet field survey…
BNP Paribas, France's largest bank, will no longer provide any financing dedicated to the development of new oil and gas fields, and it reiterated it targets an 80% cut of its oil exploration financing by 2030. 'BNP Paribas no longer provides…
In the port city of Taichung on Taiwan's west coast, a crane hoists into place the end section of a white wind turbine tower that stands almost a hundred meters tall.The turbine will be one of 111 spinning at a multi-billion dollar offshore wind…
Loss-making Italian shipbuilder Fincantieri must reach a 3% net profit margin 'to make economic and industrial sense,' its chief executive said on Wednesday, without setting a date for the goal. 'That's where we want to be when our work is done…
Colombia's majority state-owned energy company Ecopetrol will be more aggressive in exploring for oil under existing contracts, Chief Executive Ricardo Roa said on Wednesday, as the company warned external factors including weather and security issues could hit production…
May 11 (Reuters) - Dutch oil and gas services firm SBM Offshore SBMO.AS reported a 24% drop in first-quarter revenue on Thursday, citing the impact from one-off divestment in two of its vessels last year.Group revenue fell to $742 million for the first three months of 2023…
Norway offered 92 new blocks to explore for oil and gas in the Norwegian and the Barents Seas on Wednesday in so-called APA round, the country's oil and energy ministry said.In recent years, Norway used annual APA rounds to aggressively expand exploration acreage in the Arctic Barents Sea…
A Chinese research vessel flanked by coast guard and nearly a dozen boats on Wednesday entered a gas block operated by Russian and Vietnamese state firms, two monitoring groups said, another potential flashpoint in the South China Sea.It follows…
RMI, a company providing medical, security, and technical services said Wednesday it had been tasked with the provision of medical support for what will be the world’s largest offshore wind farm - Dogger Bank.The company, which specialises in…