Royal Dutch Shell PLC is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, a key power source for the country's main island of Luzon, its local unit said on Thursday.'As part of an ongoing portfolio rationalization…
Offshore drilling company Dolphin Drilling has appointed Ronny Bjørnådal (48) as a Non-Executive Director of its Board of Directors.Bjørnådal was previously Managing Director and Head of Global Maritime Loans in Nordea, the largest financial institution in the Nordics…
A fire at an Oil and Natural Gas Corp (ONGC) plant caused by a pipeline rupture has cut gas supplies to customers including power and fertiliser companies, said a person familiar with the matter at gas marketing firm GAIL (India) Ltd.The fire…
A pipeline inspection solution combining subsea drones and the use of visual markers - barcodes - on the pipelines themselves could drive down the costs of subsea pipeline inspections.The solutions is being developed by tubular solutions firm Vallourec…
Norwegian oil and gas company Aker BP has extended the charter with Eidesvik Offshore's LNG-powered platform supply vessel Viking Lady.The extension for the 92,2-meter ship built in 2009, will take effect upon the expiration of the current four-month contract that started earlier this month…
Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil rigs, preventing a strike that could eventually have halted the exploration for new oil and gas reserves, the unions, and companies said in separate statements on Thursday…
Oilfield services company Archer has won a four-year contract extension to provide platform drilling and maintenance services for Apache in the UK North Sea.The contract covers services aboard the Beryl Alpha and Bravo, Forties Alpha, Bravo…
French seismic data company CGG has completed the first phase of the campaign to deliver what it says is the largest OBN multi-client survey ever acquired in the UK Central North Sea (CNS), and has immediately started the second acquisition phase…
Vattenfall will focus on offshore wind power developments in Europe as the region seeks to boost green investments, instead of expanding globally, the Swedish utility said on Wednesday.State-controlled Vattenfall said the European Union's plans…
Brazilian national oil company Petrobras has discovered hydrocarbons at the first well drilled in the block C-M-657,in the pre-salt of the Campos Basin in which partners are U.S. ExxonMobil and Norway's Equinor.The exploration well named Naru…
DeepWind, a Scottish offshore wind supply chain cluster has signed a collaboration agreement with its German counterpart WAB, to promote offshore wind and green hydrogen generation.The north of Scotland’s offshore wind cluster organization,…
Southeast Asia-focused oil company KrisEnergy has reached a loan deal with Kepinvest Singapore, that should help the company bring online its Apsara offshore project in Cambodia's Block A on time, and remove the risk of losing the license.Namely…
Energy services provider Petrofac has acquired its second freefall lifeboat, citing increased demand for its marine training courses.The company said it has invested £200,000 in the new model, designed and manufactured by Dutch company Verhoef…
Oil and gas giant Shell, which has been increasingly getting involved in renewables, has said it has partnered up with tech giant Microsoft 'to support progress towards a world with net-zero emissions.'As part of the strategic agreement signed between the two companies…
Norwegian seismic surveyor PGS has completed the acquisition of three new 3D seismic surveys offshore Newfoundland and Labrador, Canada.The company Wednesday that the initial first fast-track results would be delivered in Q4 2020, with final…