India's Reliance Industries has awarded a 3D seismic data acquisition contract to seismic survey services provider Shearwater.Under the contract, Shearwater will carry out a 3D survey in the Bay of Bengal, India.The survey is slated to start in the first quarter of 2021 and covers 1…
Dutch marine services provider Boskalis will expand its offshore fleet with the multipurpose DP2 offshore construction vessel Boka Tiamat.The company said Thursday that the vessel would arrive in its fleet in January 2021 and that it would be deployed on offshore wind projects in Taiwan…
Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…
Norwegian offshore vessel owner Siem Offshore has signed an agreement to sell its AHTS vessel Venture Sea. The vessel, built by Halter Marine in 1998, is owned by Secunda Canada, a Siem Offshore Canadian subsidiary.Siem Offshore said that the…
Denmark's government on Thursday agreed with a majority in parliament to put an end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.The future of Denmark's oil and gas operations…
U.S. oil major Chevron Corp on Thursday cut billions off its long-term capital and exploratory budget even after a major restructuring of its operations as it tries to ride out a collapse in oil prices and preserve its dividend.Oil majors have…
The Italian oil giant Eni has reached an agreement to acquire a 20% stake in the 2.4 GW Dogger Bank A and B wind farms in the UK from SSE and Equinor which currently own a 50% each. Equinor said it would sell a 10% equity interest for a total consideration of around GBP 202…
U.S. oil and gas company ConocoPhillips has via its Norwegian subsidiary ConocoPhillips Scandinavia brought online its Tor II project, a redevelopment of the Tor field, which was in production from 1978 through 2015. The field is located in the Norwegian part of the North Sea…
Wave energy converter developer Bombora and energy services giant TechnipFMC have teamed up to work on a floating offshore wind project, which pairs ocean wave energy with offshore wind.Bombora said Wednesday that under the cooperation in the…
Angola’s state oil giant Sonangol will next year accelerate reforms and efforts to raise revenue after the pandemic drained investor interest in an asset sale that has so far netted only around $60 million, its CEO told Reuters in a rare interview…
A fire at Norway's Tjeldbergodden industrial facility on Wednesday triggered an evacuation of staff and the shutdown of Europe's largest methanol plant and a gas processing terminal, state-controlled oil firm Equinor said.A photo published by…
Offshore wind turbine maker MHI Vestas Offshore Wind has awarded a contract to Siemens Energy for the delivery of 114 low-loss 66kV distribution transformers for the giant 1,075 megawatts (MW) Seagreen offshore wind farm in Scotland. The fluid…
Malaysian company Uzma has, through its subsidiary Setegap Ventures Petroleum (SVP), won a well services contract with the Malaysian oil firm SEA Hibiscus, a subsidiary of Hibiscus Petroleum.Uzma said that the work order was part of a Pan Malaysia…
OPEC and Russia have moved closer to a compromise over oil supply policy for 2021 after talks earlier this week failed to yield a decision on how to tackle weak oil demand amid a second coronavirus wave, OPEC+ sources told Reuters.The Organization of the Petroleum Exporting Countries…
Old offshore oil wells could be turned into geothermal energy producers under a plan by a new consortium.The group, The Aquarius North Sea Geothermal Consortium, is “actively” working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms…