Oil major BP has confirmed plans to start shipping natural gas from Azerbaijan to Europe by the end of the year, as concerns about the military conflict over the Nagorno-Karabakh region have heightened.Armenia and Azerbaijan have been involved…
Dutch tidal power specialist Tocardo has agreed to buy the 1.25MW Oosterschelde Tidal Power Plant, dubbed the largest tidal array in the world. . The plant is installed on the Dutch Oosterscheldekering surge barrier.The Oosterschelde Tidal Power Plant consists of five T-2 tidal turbines…
Subsea services provider Oceaneering has been awarded a BOP tethering services contract offshore Brazil with the Brazilian oil firm Petrobras.The scope of work under the contract includes data acquisition and real-time riser analysis for dynamic…
Maritime classification and services company DNV GL led a pilot project with the Norwegian oil firm Aker BP to remotely inspect three offshore cranes on the Norwegian Continental Shelf.DNV GL performed remote safety inspections of one box boom…
A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday.In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023…
Eni has filed a request for arbitration against Nigeria at the World Bank's dispute settlement body and plans to argue that the country's failure to allow it to exploit an oilfield it acquired with Royal Dutch Shell nearly a decade ago breaches their investment agreement…
Dutch marine and offshore services contractor Van Oord has won a contract to design and carry out the removal of silt from the Averijhaven depot in IJmuiden, The Netherlands, creating space for what will eventually become an energy port for offshore wind…
Offshore geoscience and geotechnical engineering consultancy, Cathie and the British Geological Survey have won a contract with offshore wind developer SSE Renewables to develop a ground model for the FEED design of Berwick Bank and Marr Bank offshore wind farms in Scotland…
Oil and gas company Neptune Energy has reached an agreement with oilfield services and technology company Halliburton, for the used of Halliburton's DecisionSpace 365 well construction suite of cloud applications, that could save the oil company $20 million a year…
Norwegian offshore drilling equipment provider Enhanced Drilling has appointed Kjetil Lunde as Chief Executive Officer.Enhanced Drilling said that Lunde had been a key member of the senior management team since 2016 as VP of Finance and Business Support…
Malaysian offshore services firm Handal Energy has won a contract with Carigali Hess Operating Company to provide crane maintenance services.Handal said Tuesday that the contract had been awarded to its subsidiary Handal Cranes.Under the contract…
Energy companies forged ahead restoring oil and natural gas production in the U.S.-regulated northern Gulf of Mexico on Monday, three days after Hurricane Delta made landfall, said the U.S. Bureau of Safety and Environmental Enforcement (BSEE)…
Lebanon and Israel, formally still at war after decades of conflict, launch talks on Wednesday to address a long-running dispute over their maritime border running through potentially gas-rich Mediterranean waters.The U.S.-mediated talks follow…
Australian engineering and construction services firm Civmec has won a contract to support Woodside's onshore and offshore oil and gas facilities in Australia.'The Woodside contract is a term contract for five years, plus two one-year extension…
PJ Valves (PJV) has won contracts to supply valves packages for two Brazil-bound FPSOs, the Marlim 2 and Mero 2.The Marlim 2 FPSO will be delivered to Petrobras by Malaysia's Yinson, under the contract signed in March. The FPSO will have the capacity to process up to 70…