Offshore accommodation rig owner Prosafe has won a contract for one of its units in Trinidad and Tobago.The Oslo-listed company said Tuesday it had won a deal to provide accommodation and construction support using the Safe Concordia flotel in Trinidad and Tobago in Q2 2021…
Italian oil and gas group Eni has put on hold the sale of Australian gas assets it values at around $1 billion after they failed to attract satisfactory bids, two sources close to the matter said, confirming a press report.One of the sources said offers had been well below what Eni had expected…
Lundin Energy has been granted a permit to drill the 16/4-13 S well in the North Sea, offshore Norway.The Norwegian Petroleum Directorate, which granted the permit, said Tuesday the offshore well would be drilled using the West Bollsta semi…
Norwegian offshore vessel owner Havila Shipping said Tuesday its deputy CEO Olav Haug Vikebakk would resign.'The Deputy CEO Olav Haug Vikebakk will resign during the first quarter to take up another senior position in the region,' Havila said…
Mooring systems provider SOFEC has cut the first steel for the turret mooring system being built for the Senegal-bound Sangomar field FPSO.SOFEC is responsible for all engineering, procurement, and construction (EPC) activities related to the…
Australian oil and gas company Santos, the operator of the Bayu-Undan field in the Timor Sea, off Timor Leste, has reached a Final Investment Decision for the US$235 million Phase 3C infill drilling program at the offshore field.The program…
Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance…
The UK Government's Planning Inspectorate on Thursday, December 31, 2020, gave its development consent for Ørsted's proposed Hornsea Project Three offshore wind farm.The Hornsea Project Three offshore wind farm offers a capacity of up to 2,4 GW and is located off the coast of Norfolk…
Canadian oil firms Cenovus Energy and Husky Energy said Monday their previously announced strategic merger had closed, creating Canada’s third-largest crude oil and natural gas producer.'The transaction creates a resilient integrated energy…
Malaysia's Petronas said on Monday force majeure had been declared at its Miri and Cendor crude oil terminals in the final quarter of 2020.Petronas declared force majeure at its Miri crude oil terminal on Oct. 29 as a result of the MV Dayang Topaz vessel collision on Oct…
Maersk Drilling's Maersk Inspirer jack-up rig, converted to a production platform, has been towed to the Repsol-operated Yme oil field in the North Sea, offshore Norway, OKEA, a partner in the field said Monday.'OKEA ASA...is pleased to announce…
A Total-led international consortium of oil and gas companies has signed an exploration and production agreement for the North Ras Kanayis offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean Sea.France-based Total is the operator with a 35% stake…
Russian energy giant Gazprom said on Friday it had begun delivering natural gas to Serbia and Bosnia through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.The gas supplies destined to Serbia and Bosnia first reach Turkey via the TurkStream pipeline…
Azerbaijan has started commercial natural gas supplies to Europe via the Trans Adriatic Pipeline (TAP), the energy ministry said on Thursday, beginning its push into the lucrative energy market dominated by Russia.The project has the backing…
Global crude prices slipped on Thursday and lost more than a fifth of their value in volatile trade in 2020, as lockdowns to combat the novel coronavirus depressed economic activity and slammed fuel demand.Still, Brent and U.S. crude benchmarks have more than doubled from April's decade lows…