Norway-based offshore seismic services firm SeaBird Exploration has received a letter of intent for an extension of the ongoing 2D survey in the Asia Pacific region. 'The extension comes on the heels of strong productivity and is a direct continuation…
Brazil has no plans to join the Organization of the Petroleum Exporting Countries (OPEC) for now, although it is working with the producer group, its energy minister said on Wednesday.Brazilian President Jair Bolsonaro said in 2019 he wanted his country to join OPEC…
UK-based wave energy technology company Mocean Energy said Wednesday its Blue X wave energy machine had returned to dock after a successful five-month test period at sea.'In the last few days the 20-meter long, 38-tonne wave machine has been…
About 300 employees working for Ponticelli UK and Semco Maritime aboard TotalEnergies' North Sea offshore facilities in the UK have voted in favor of a strike after a dispute over cuts to terms and conditions, Unite the union said Tuesday.Unite’s…
The Biden administration on Wednesday will auction oil drilling rights to 80 million acres in the U.S. Gulf of Mexico days after joining a global agreement that for the first time targeted fossil fuels as the main driver of global warming.The…
Inmarsat, the mobile satellite communications provider, has extended its Fleet Xpress service agreement with offshore vessel owner Maersk Supply Service. The extension includes fleet-wide IoT-based ship management connectivity on separate, dedicated bandwidths…
Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guyana's fourth FPSO…
Norway's Equinor said on Wednesday it has signed an agreement with Korean East-West Power (EWP) to cooperate on offshore wind projects in South Korea.The memorandum of understanding with state-owned EWP covers wind turbine projects with a capacity of 3 gigawatts (GW)…
WilHunter, one of two Awilco Drilling's 1980s built semi-submersible drilling rigs, is set to be recycled. Awilco Drilling shared the news in its quarterly presentation on Tuesday.The WilHunter rig, built in 1983 by Daewoo and upgraded in 1999 and 2011…
Hiber, a company that describes itself as the satellite-enabled IoT scale-up, is bringing its HiberHilo remote well-integrity monitoring technology in the Middle East to assist oil and gas operators in the region in monitoring their remote wells via satellite connectivity…
Oilfield services company TechnipFMC has said it has won 'a large' contract with ExxonMobil, to supply the subsea production system for the Yellowtail development in the U.S. oil major's Stabroek Block, offshore Guyana.For TechnipFMC, a “large” contract is between $500 million and $1 billion…
Dutch shipbuilder Royal Niestern Sander last weekend launched 'yard number 862', a shallow draft ice-breaking walk to work vessel, being built for a joint venture between the Russian companies Mercury Sakhalin and Pola.'The world’s first ice…
The International Energy Agency (IEA) on Tuesday upped its average Brent crude oil price assumption for 2022 to $79.40 a barrel, but predicted a rally may ease off as prices that hit a three-year high last month push up global production.Brent is expected to average $71…
Wave energy solutions provider Ocean Power Technologies has acquired Marine Advanced Robotics, Inc. ('MAR'), a California-based developer and manufacturer of autonomous surface vehicles (ASVs). 'This acquisition immediately provides OPT with an established…
Hurricane Energy, a UK-based oil firm producing oil from the Lancaster offshore field in the UK, has said it has had positive talks over the Aoka Mizu contract extension with owner Bluewater.Hurricane Energy, which started producing from the…