Norwegian oil company Equinor and Italian rival Eni plan to collaborate on development of floating wind farms in the North Sea as part of their expansion within renewable energy production, the companies said on Thursday.The Norwegian government has earmarked two areas in the North Sea for up to 4…
French oil major Total has started oil production from the Zinia Phase 2 project offshore Angola, connected to the existing Pazflor FPSO.The Zinia Phase 2 project includes the drilling of nine wells and is expected to reach a production of 40…
Oslo-listed offshore drilling contractor Shelf Drilling has secured a ten-year contract extension for the High Island IX jack-up rig.The contract for the 1983-built, 2012-upgraded jack-up drilling unit is in direct continuation of its current contract in Saudi Arabia…
Norwegian oil company OKEA has selected COSL Drilling Europe as an exclusive supplier of drilling units for its operations on the Norwegian Continental Shelf (NCS).As part of the four-year frame agreement, COSL Drilling Europe (COSL) will be…
Salvors have started removing fuel from the tanks of a lift boat that capsized in the Gulf of Mexico last month, the U.S. Coast Guard said.The 234-foot Seacor Power could have been carrying up to 35,000 gallons of fuel, lube oil, hydraulic and…
Offshore drilling contractor Noble Corp. has reportedly submitted a bid to acquire some assets of rival Seadrill. This is according to Reorg, a website providing credit intelligence, data, and analytics for hedge funds, asset managers, investment banks…
Siemens Energy, which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays, and the ongoing coronavirus crisis.Revenues are now expected to grow 3-8% in the year to September…
Australian company BHP on Wednesday announced the first oil production from the Ruby field offshore Trinidad and Tobago.Ruby is located offshore Trinidad and Tobago in the shallow water in Block 3(a) within the Greater Angostura Field. The development…
Danish offshore vessel owner Esvagt has informed that its Esvagt Dana vessel has returned back to the Baltic 2 offshore wind farm in Germany to support wind turbine maker Siemens Gamesa during maintenance work.For the next three to six months…
North Sea-focused oil and gas company NEO Energy, backed by HitecVision, on Wednesday announced its plan to cut carbon emissions from its operations. The company, which in February agreed to buy ExxonMobil's Northern North Sea fields off the UK in a transaction valued at more than $1 billion…
Norway-based Axess Group has signed an offshore support services contract with FPSO operator Altera Infrastructure.Axess said this week that the long-term global contract would see Axess provide offshore support services to FPSO assets located…
Swedish wave energy development company Eco Wave Power said Wednesday it was nearly done with the wall reinforcement works, meant to enable the installation of floaters on the sea wall of the Port of Jaffa, Israel.The works so far have included…
Oil and gas company Noreco, Denmark's second-largest oil and gas producer, on Wednesday announced the successful closing of its new $1.1 billion Reserve Base Lending facility. The new RBL facility replaces the company's existing $900 million RBL…
Norwegian offshore oil and gas company Aker BP has awarded a contract for the provision of software solutions aimed at helping with field development works to FutureOn, an Oslo-based software company specializing in the provision of digital oilfield solutions…
3t EnerMech, a recently launched alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has launched a training service in Angola, and has already secured a contract with an offshore drilling contractor…