Santos sealed an agreement to buy Oil Search to create a global top 20 oil and gas company, the companies said on Friday, even as the Papua New Guinea government raised concerns that a takeover could harm national interests.The deal will make…
Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf of Mexico, because of reduced coverage offered by insurers, risk modeling firm RMS said on Thursday.Ida, one of the most powerful hurricanes ever to strike the area…
U.S. oil offshore losses remained at 76% on Thursday after Hurricane Ida hit the Gulf of Mexico, according to government data, which prolonged outages and caused the first oil cargo shipment cancellations to buyers in Asia.Production should…
Danish offshore crew transfer specialist MHO has earlier this week taken delivery of two hybrid crew transfer vessels, after what was described as an ultimate sea trial.Namely, the vessels arrived in Esbjerg, Denmark after a 12,000 nautical mile journey from China…
Denmark-based offshore wind giant Ørsted has partnered up with Vietnam's T&T to work on offshore wind projects in Vietnam'The collaboration between Ørsted and T&T brings together a multi-GW pipeline of greenfield offshore wind projects located…
Royal Dutch Shell Plc is beginning the redeployment of personnel to its Appomattox platform in the Gulf of Mexico while damage assessments are continuing at its West Delta-143 (WD-143) offshore facility after Hurricane Ida.As of Wednesday, more than three-quarters of the U…
U.S. oil firm ExxonMobil has made another oil discovery offshore Guyana, this time at Pinktail prospect in the prolific Stabroek Block.The Pinktail well, ExxonMobil said, encountered 220 feet (67 meters) of net pay in high-quality hydrocarbon…
EUHorizon 2020-backed Flotant project has successfully validated an innovative dynamic cable concept for deepwater floating wind projects, unlocking the potential for greater wind power resources at lower cost.The project consortium aims to…
Macquarie’s Green Investment Group (GIG) said Thursday it had acquired Fuinneamh Sceirde Teoranta, the developer of the Sceirde Rocks offshore wind farm, in Galway, Ireland. Sceirde Rocks is a proposed 400 MW offshore wind farm, which will be…
Engineering firm AGR said Thursday it was taking part in a three-year research initiative committed to developing new technologies and processes that aim to significantly reduce the cost of carbon capture related to transport and permanent storage…
Norwegian oil firm Equinor has been granted a for wells 35/10-7 S and A in the North Sea, offshore Norway.The Norwegian Petroleum Directorate, which announced its approval Thursday, said that Equinor would use Seadrill's West Hercules semi-submersible drilling rig to drill the two offshore wells…
Remotely operated vehicles specialist ROVOP has appointed Daniel Wheeler as its new President for the Americas, to lead the company in Houston as it prepares for its next phase of growth in the region both in oil and gas and in the emerging offshore wind sector there…
Norwegian offshore vessel owner Solstad Offshore has sold another non-core vessel as part of its plan to trim its fleet and make it more competitive.It said Thursday it had sold the AHTS Sea Ocelot to an unnamed buyer. The 70 meters long vessel…
Offshore plug, abandonment, and casing recovery firm Ardyne has won a four-year contract for the provision of fishing services for 86 wells as part of the well plug and abandonment (P&A) program for two fields in the Northern North Sea.The work…
Norwegian carbon tech company Horisont Energi has signed a cooperation agreement with oil firms Equinor and Vår Energi for the development of Barents Blue, Europe's first large-scale production facility for blue ammonia.Bjørgulf Haukelidsæter Eidesen…