As it continues to grow its track record of contributions to Scotland’s renewables mission, the offshore wind sector is currently making all the right headlines.Amid the positive news, however, anyone with knowledge of sustainable business success…
Norwegian oil company Equinor said Monday that its safety statistics for the first quarter of 2021 indicated fewer serious incidents and personal injuries in Equinor compared to the same period last year, but said the number of incidents was still 'too high…
Danish offshore drilling contractor Maersk Drilling has won a contract with Karoon Energy Ltd for the semi-submersible rig Maersk Developer to perform well intervention on four wells at the Baúna field offshore Brazil.Karoon took over Bauna from Petrobras in November 2020…
Ocean bottom node seismic data acquisition specialist Magseis Fairfield has applied and been approved as a partner in the Centre for Geophysical Forecasting (CGF).The CGF is one of The Research Council of Norway’s funded centers that is hosted…
Oil companies Azinam and Panoro Energy have completed their previously announced acquisitions of stakes in Block 2B offshore South Africa, e containing the A-J1 oil discovery from 1988, from Africa Energy Corp.Azinam has taken 50 percent and will become the operator…
Denmark-based Maersk Decom said Tuesday it has designed a free cost calculating tool for benchmarking decommissioning projects in the North Sea.'Maersk Decom’s cost calculator is the first free tool in the industry, enabling stakeholders to…
Australian oil and gas companies Carnarvon Petroleum and Advance Energy have completed the Buffalo oil field farm-out agreement as all the necessary conditions have been met.Carnarvon in December 2020 announced that Advance Energy would acquire 50% of the Buffalo project in the Timor Sea…
Norway's oil and gas production slightly lagged official expectations in March, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell 1.1% from February to 1.773 million barrels per day (bpd) in March…
Belgian offshore installation firm DEME has, via its French branch SDI, secured an engineering, procurement, construction, and installation contract for an export cable that will connect the Leucate Floating offshore wind farm to the power grid…
There's one thing that's certain about the price of oil, it goes up and it goes down, but nobody knows when that will happen, Jim McCaul, an expert in the offshore floating production sector for 30 years, recently said in an interview for Offshore Engineer TV…
Amazon on Monday announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK, including an investment in a 350 MW offshore wind farm in Scotland.'The company now has 206 renewable energy projects globally…
Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, showed.The…
Equinor urged its shareholders on Monday to reject a proposal by an activist group to set intermediate targets for reducing emissions from the use of its energy products.The majority state-owned company has pledged to boost investment in renewables…
Canada-based offshore robotics company Kraken Robotics has acquired Brazil's 13 Robotics Ltda of Brazil (“13R”).The 13R team, with offices in Rio de Janeiro and Salvador, Brazil, consists of software developers and engineers who have significant…
Chinese oil company CNOOC has failed to unearth commercial quantities of hydrocarbons at the Glengorm South well in the UK North Sea.Energean, a partner in the Glengorm project, said Thursday that 'the Glengorm South appraisal well contained no commercial hydrocarbons…