Green Energy International Limited (GEIL) and LEKOIL, the companies comprising Otakikpo JV which operates the Otakikpo field off Nigeria, have executed definitive agreements with Schlumberger for the next phase of the field development offshore Nigeria…
Ørsted and Van Oord have successfully installed all 94 array cables connecting the turbines of the Borssele I & II offshore wind farm in the Dutch sector of the North Sea. The installation started, ahead of schedule, in February this year.The…
Venezuelan oil minister Tareck El Aissami has tested positive for COVID-19, he said on Twitter on Friday, a day after the leader of the socialist party, Diosdado Cabello, tested positive for the virus as well.El Aissami, named to the position this year…
Norway's BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras' Golfinho oilfield cluster, two sources said, as Brazil's state-run oil company seeks to re-spark its asset sale program in the wake of this year's crude price crash…
Greenalia, a Spanish company working to develop a floating offshore wind farm in the Canary Islands, has joined WFO (World Forum Offshore Wind), The first worldwide association with an exclusive focus on promoting offshore wind energy internationally…
China's MingYang has this week launched the MySE11-203, dubbed the world's biggest hybrid drive wind turbine, of the nameplate capacity of 11 MW.Per MingYang, the turbine features a rotor diameter of 203 meters and has a 31% higher annual energy production than its predecessor…
The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook.The Paris-based IEA raised its forecast to 92.1 million barrels per day (bpd), up 400,000 bpd from its outlook last month…
Norwegian seismic company PGS has said it has completed its second successful GeoStreamer X seismic survey in the Viking Graben, in the North Sea, off Norway, using its Ramform Vanguard vessel, and breaking some records in the process.Gunhild Myhr…
NOPSEMA, the Australian offshore oil and gas safety regulator, plans to resume physical inspections on offshore oil and gas facilities 'in line with appropriate protocols to manage health risks associated with COVID-19.''While NOPSEMA’s inspections have continued throughout the pandemic…
UK-based consultancy and quality assurance company Intertek has launched a service aimed at testing surfaces on offshore rigs and platforms for the presence of COVID-19.Intertek has said that initial studies have shown that the virus that causes…
Neptune Energy last week made a hydrocarbon discovery at its Dugong well in the Norwegian sector of the North Sea.The company at the time said the results were preliminary and that a decision might be made to drill a side-track to further define the extent of the discovery…
Brazil's Petrobras has said it has signed an agreement to sell its entire stake in three offshore oil fields in Potiguar Basin to Ouro Preto for $1.5 million.The fields in question are the Pescada, Arabaiana, and Dentão fields located in shallow waters of the Potiguar Basin (Pescada Cluster)…
The UK Chancellor of the Exchequer Rishi Sunak has announced a new Job Retention Bonus scheme to encourage firms to keep on workers furloughed due to the COVID-19 impact on the economy.The UK government will introduce a one-off payment of £1…
Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic…
Two energy industry veterans plan to launch an investment fund focused on hydrogen this year as more and more governments include the niche fuel in their global warming battle plans.Hydrogen has long-been touted as a potential clean fuel as…