Jack-up drilling rig contractor Borr Drilling has won a contract with BW Energy for its jack-up drilling rig Norve for work in Gabon. The contract is scheduled to start in the second half of 2022 after the completion of the rig's current contract…
Offshore vessel owner DOF Subsea Australia has secured a contract with oil and gas company Beach Energy for the Otway Offshore Phase 5 - transport and installation project in Australia.'After collecting all permanent equipment from vendors and transportation to the offshore site…
BP's floating, production, storage, and offloading vessel (FPSO) for the Greater Tortue Ahmeyim gas project offshore West Africa is expected in Senegal waters for commissioning and testing by the end of 2022, a company executive said on Friday…
Austrian oil and gas company OMV has completed the sale of its stake in the Wisting oil field in the Barents Sea, offshore Norway, to Lundin Energy.The two companies had signed the sale and purchase agreement in October 2021, and after obtaining the necessary approvals from Norwegian authorities…
Manufacturing works on DemoSATH, Saitec Offshore’s & RWE Renewables concrete floating wind platform project, are accelerating in the Spanish Port of Bilbao, with the latest milestone being the handling operation of the prototype, Saitec Offshore said Friday…
Subsea Integration Alliance, a partnership between Schlumberger and Subsea 7, has secured a contract with Australia's Woodside for the delivery of subsea pipelines and production systems for the Scarborough gas project offshore Australia.The multi-billion-dollar Scarborough gas field development…
Leonid Fedun, a vice president of Russian oil major Lukoil, said on Friday he expected OPEC+ to stick to its decision to raise oil production by 400,000 barrels per day (bpd) each month at its meeting in January.OPEC and allies including Russia…
Norway on Friday granted 1 billion Norwegian crowns ($111 million) in support for three projects to produce emissions-free hydrogen and ammonia, aiding a transition to a low-carbon economy, the government said.The funding will be allocated to projects led by Yara…
DEME Offshore has awarded Tekmar Energy a contract to supply Cable Protection Systems (CPS) for the Dogger Bank Wind Farm in the UK. in what is Tekmar Energy’s largest CPS supply contract to date.Dogger Bank is a 3.6GW offshore wind farm located 130km off the North East coast of England…
Subsea services company Oceaneering has said it has successfully completed the first onshore remote piloting of a remotely operated vehicle (ROV) in the UK sector for BP. The operations were conducted from Oceaneering’s Onshore Remote Operations Center (OROC) in Stavanger…
Australian oil and gas company Santos has informed that the merger of Santos and Oil Search has been implemented.Santos has acquired 100 percent of the issued capital in Oil Search from Oil Search shareholders. Oil Search shareholders have been issued 0…
Norway's engineering and construction groups Aker Solutions and AF Gruppen have abandoned plans to merge the two firms' existing offshore decommissioning operations.The two companies had signed a letter of intent in July to merge the offshore…
Exxon Mobil Corp is prepared to bid on Friday for new blocks in Brazil's deepwater oil fields, a focus area for its oil and gas production growth, people familiar with the matter said.Any bid would mark its first big investment since it decided to resume spending after a historic…
The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of potential impacts from offshore wind energy leasing activities in the New York Bight, a portion of the Atlantic Ocean located offshore New York and New Jersey…
Danish offshore drilling firm Maersk Drilling has upgraded its financial guidance for 2021 on the back of solid rig performance and contract extensions.'During the first two months of Q4 2021, Maersk Drilling has delivered strong performance…