The investment firm Kistos said Tuesday it had acquired all of the outstanding shares of Norway-focused oil company Mime Petroleum A.S. ('Mime') from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture, comprising the Balder and Ringhorne fields offshore Norway…
Germany cannot be relaxed about the need for liquefied natural gas (LNG) terminals in the Baltic Sea, a high-ranking economy ministry official said on Monday, a week after plans emerged to scale down the region's Mukran project after local resistance…
Brazilian President Luiz Inacio Lula da Silva on Monday said he finds it 'difficult' to believe that oil exploration in the Amazon basin would cause environmental damage to the region's rainforest, the largest in the world. Brazil's environmental…
Trinidad and Tobago's state-owned oil company Heritage Petroleum has hired a 25-year veteran of U.S. oil and gas producer ConocoPhillips CEO, the company's chairman told Reuters on Monday. Erik Keskula was last president of Conoco's Malaysia…
Salamander, a joint venture between Ørsted, Simply Blue Group, and Subsea7, has signed an exclusivity agreement as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.The 100 MW Salamander floating offshore wind project…
Seismic data firm CGG has been awarded a new contract by the oil firm OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. CGG said that during the contract time, OMV would continue to benefit…
The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental analysis of the proposed Ocean Wind 1 wind project offshore New Jersey, which could power up to a half million households.As part of the Ocean Wind 1 project…
Norwegian energy firm Equinor said Monday it would postpone further development of the Trollvind offshore wind initiative indefinitely. Back in June 2022, Equinor and four other oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea…
Pipeline engineering specialist STATS Group said Monday it had signed an exclusive supply agreement for its products and services with Malaysia’s E&P O&M Services Sdn Bhd (EPOMS).EPOMS provides integrated frontline operations and maintenance services for oil and gas platforms…
Offshore installation contractor Subsea 7 on Monday confirmed the award of a major contract by Turkish Petroleum for the second phase of the Sakarya field development in the Black Sea, offshore Turkey. Subsea 7 defines a major contract as being…
Oil companies working to develop what has been described as one of Europe's largest undeveloped offshore oil fields – the Barryroe field in Ireland - have suffered a setback after an Irish minister refused to grant them a permit to proceed with…
OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market…
Germany's Federal Maritime and Hydrographic Agency has awarded Fugro a geophysical survey contract for two offshore wind farm sites in the German exclusive economic zone (EEZ) in the North Sea. Working in collaboration with Fraunhofer Institute for Wind Energy Systems (IWES)…
Offshore well services firm Expro said Monday it had won a new contract with oil and gas company Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.The multi-year contract…
The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday.'Coast Guard Sector Houston-Galveston watchstanders received a report at approximately 3 a.m. from…