Norway's Lederne labor union said on Wednesday it would escalate an oil workers' strike from Oct. 4 to four additional offshore fields.Several dozen workers went on strike on Wednesday at Norway and western Europe's largest oilfield, Johan Sverdrup…
U.S. oil major ExxonMobil has reached a final investment decision on a $9 billion offshore oil development project in Guyana, following the approval by the government.To remind, Reuters last Friday reported that Guyana was close to reaching…
France's Total on Wednesday said it would hike its annual investments in renewable energy and electricity by 50% as it cuts its reliance on oil and aims to become a major low-carbon power producer.Faced with gloomy long-term prospects for oil demand…
Dominion Energy and Orsted have brought online two offshore wind turbines, which are part of the 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project, offshore Virginia Beach, USA. 'We're excited that the two CVOW wind turbines are…
Seaway 7, the renewables business unit of Subsea 7, is expanding its renewables fleet with a second cable lay vessel.The company, which has access to Subsea 7's pool of vessels, said Wednesday that the Seven Phoenix vessel would be converted…
Commissioning has been completed at the third field at the Liwan gas project offshore China, Canadian oil company Husky Energy has said.'As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely…
Equinor said on Wednesday it was maintaining production at western Europe's largest producing oilfield despite a strike by some workers but risked a wider labor conflict this week.Some 43 workers are on strike at the Johan Sverdrup field after…
Dubai's Drydocks World has begun work on a part of a turret mooring system for Jotun FPSO, for Bluewater Energy, with the end client being Var Energi in Norway.Namely, Drydocks said Wednesday it had held a steel-cutting ceremony to mark the start of production of the turntable project for the FPSO…
Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…
Swedish company Alfa Laval has said it has won orders to deliver Framo pumping systems for three FPSOs to be built in China.The orders comprise marine pumping systems for crude oil offloading, produced water, slop and ballast duties.The company…
Norwegian offshore engineering and construction firm Aker Solutions has completed the construction of subsea structures for China-based CNOOC's Lingshui 17-2 project in the South China Sea.The structures were built and tested at the China Offshore…
Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy.Shell, which had 83,000 employees at the end of 2019, said…
The first steel cutting ceremony was held in Taiwan Wednesday for the Green Jade DP3 heavy lift and installation vessel, the first such vessel built in Taiwan.The vessel has been commissioned by CDWE, a joint venture between Taiwanese company CSBC and Belgian offshore contractor DEME…
Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The…
Senegal is expected to achieve unprecedented economic growth of 13.7% in 2023, thanks to the development of new oil and gas fields, President Macky Sall said on Tuesday.Oil was discovered in Senegal in 1961, but reserves big enough for commercial exploitation have been found only in recent years…