Greece plans to accelerate gas exploration in its western and southern waters in a fresh drive to tap domestic resources amid soaring energy prices and concerns over Russian gas supplies, government sources said on Tuesday.Greece has produced…
Offshore services firm PACC Offshore Services Holdings (POSH) and mooring and marine service specialist First Marine Solutions (“FMS”) to explore growth opportunities for floating offshore wind in Europe.The two companies signed a Memorandum…
Norwegian oil and gas company Vår Energi has together with its partners Equinor (operator) and Horisont Energi, been awarded the Polaris CO2 storage license in the Barents Sea,The Polaris CO2 storage reservoir is located in the Barents Sea, ca 100 km off the coast of Finnmark…
Australian oil and gas company Woodside has awarded a contract to Australian offshore vessel owner MMA Offshore to support offshore field development drilling for the Scarborough Project in Australia’s North West.The contract is for a firm period of 350 days…
Danish offshore wind developer Ørsted and Spanish oil company Repsol have partnered up to explore joint deployment of floating wind turbines offshore Spain.'After several years of concept development and small-scale testing, floating offshore wind is now on the brink of commercialization…
U.S. oil company W&T Offshore said Tuesday it had acquired the remaining working interests in the oil and gas producing properties in the U.S. Gulf of Mexico bought earlier this year from an undisclosed private seller.The assets are located…
Offshore wind developers Ørsted and Eversource have awarded HeliService USA the contract for helicopter crew change operations for the two companies’ joint venture wind projects in the Northeast United States. According to Ørsted, the contract…
SBM Offshore, a Dutch company that designs, builds, installs, and operates FPSO units, has confirmed the receipt of a firm order from ExxonMobil for the fourth and largest FPSO to be deployed offshore Guyana.The FPSO will be designed to produce 250…
Australia's Pilot Energy Limited has increased its interest in the WA 481P offshore exploration permit off W. Australia to 100% following receiptof final approval from the National Offshore Petroleum Tenures Administrator (NOPTA) of Pilot’s…
Brazil state-run oil company Petrobras said on Monday its executive management had approved the closing of the competitive process for a 50% stake in Marlim oil field, confirming that the cluster is no longer for sale.'Considering the alignment…
An official launching ceremony for the Green Jade DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was held at CSBC’s shipyard in Kaohsiung, Taiwan.The news was shared by the Belgian offshore installation firm DEME Offshore…
Oslo-listed FPSO leasing company BW Offshore has entered into a short-term contract extension for the Espoir Ivoirien FPSO, moored offshore Ivory Coast.The vessel's firm contract with CNR is scheduled to expire in 2022, but there are extension…
U.S. oil major ExxonMobil has made a final investment decision for its fourth and largest oil field development offshore Guyana - the Yellowtail - after receiving government and regulatory approvals.ExxonMobil said that the Yellowtail project in the Stabroek Block is expected to produce about 250…
A fire broke out in a store room at the Petrojarl Foinaven, located at BP's Foinaven field, west of Shetland, on Saturday, prompting an evacuation of non-essential staff, BP has confirmed to Offshore Engineer.'BP is working with [Petrojarl Foinaven]…
Russia's Gazprom said on Friday it was quitting its business in Germany at a moment of crisis in the vital energy ties between the two countries in the wake of Russia's invasion of Ukraine.The gas giant gave no details or explanation of its…