Struggling seismic player Polarcus, which last week saw creditors take over its vessels following a debt payment default, on Tuesday said a Cayman Islands court has appointed joint provisional liquidators, after the company's application.'The…
Aker Solutions and Siemens Energy have, as a consortium, been selected by Vattenfall as preferred bidders to deliver HVDC converter platforms for the Norfolk offshore wind project located in the North Sea off the coast of Norfolk.'If Vattenfall proceeds with this development…
Oilfield services company Petrofac said Tuesday it has secured a Well Project Management contract in Australia with the Thai oil firm PTTEP.Petrofac will provide all project manpower to enable the execution of plug and abandonment operations…
China's offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project in the South China Sea, a state-owned media has reported…
Qatar Petroleum on Monday took the final investment decision for the development on the North Field East Project (NFE), in what the company said was the world’s largest LNG project ever. The total cost of the project is estimated at $28.75 billion…
Independent Oil and Gas (IOG), and oil and gas company focused on the UK North Sea, has has appointed David Gibson as its new Chief Operating Officer.'David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career…
Brazilian oil giant Petrobras has sold its 30 percent stake in the Frade offshore oil field to PetroRio. With the completion of the transaction, PetroRio now fully owns the field, located in the Campos Basin, north coast of the state of Rio de Janeiro…
Offshore driller Seadrill said Sunday that Chapter 11 bankruptcy protection cases have been filed in the Southern District of Texas in respect of Seadrill's subsidiaries Seadrill GCC Operations Ltd, Asia Offshore Drilling Limited, Asia Offshore Rig 1 Limited…
Irish-based oil and gas firm Providence resources on Monday refuted Irish media reports that the company was in merger talks.Business Post on Sunday reported that the company had been approached by the Norwegian firm SpotOn Energy, which last…
Following reports that workers aboard Petronas' Yetagun oil platform off Myanmar were stranded due to a military coup in the country, the Malaysian oil firm said it was working to ensure the safety of those aboard.'Petronas is extending the…
Royal Dutch Shell and renewables firm Eneco, owned by Japan's Mitsubishi Corp, will provide Amazon.com Inc's European facilities with electricity from an offshore wind farm, they said on Monday.Retail giant Amazon, which faces pressure from environmental activists over its carbon footprint…
The U.S. offshore energy industry regulator Bureau of Ocean Energy Management (BOEM) on Friday announced Amanda Lefton would be its new Director.Lefton most recently served as First Assistant Secretary for Energy and the Environment for New York…
French oil major Total, in partnership with Macquarie’s Green Investment Group (GIG), has secured rights to a seabed lease for offshore wind development in the UK.The lease is located in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4…
British oil major BP and its partner EnBW, an energy company from Germany, have been selected as preferred bidders for two 60-year advantaged leases in UK’s first offshore wind leasing round in a decade.The partners have been selected as preferred…
UK-focused oil firm Ithaca Energy has restarted production from its FPF-1 offshore platform in the North Sea, some two weeks after a Covid-related shutdown.To remind, Ithaca had shut down production after four four crew members from the offshore…