Singapore's Express Offshore Solutions (EOS), together with their Taiwanese partner Hung Hua Construction Co. Ltd (HHC), has completed the transportation of 84 pin piles for the Taiwan Power Company's Changhua offshore wind farm project.EOS…
Activist investor Elliott Management is seeking to break up Noble Energy Inc's $5 billion sale to oil major Chevron Corp, a Bloomberg reporter tweeted on Wednesday.A notice posted on the U.S. Federal Trade Commission website on Tuesday showed the hedge fund had built a stake in Noble Energy…
Turkey expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said.More than a quarter of Turkey's long-term gas contracts expire next year…
Ørsted, one of the world's largest offshore wind developers, has elected Mads Nipper as its new CEO. He will take over from Henrik Poulsen who recently announced the decision to step down.Nipper, currently CEO and President of Grundfos, one of the largest pump manufacturers in the world…
Nigeria asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate advance payment for damages it is claiming in one of the oil industry's biggest-ever corruption trials.At a hearing into alleged…
Hess Corp's chief executive on Wednesday said he is optimistic the recently elected government of Guyana will issue by the end of September a production license for the third phase of a major offshore oil project.The South American nation has…
Greek gas grid DESFA, 66%-owned by a consortium led by Italy's Snam, is interested in buying a stake in an offshore liquefied natural gas (LNG) terminal in northern Greece, people familiar with the matter said on Tuesday.DESFA is considering…
Gulf of Mexico operator Talos Energy has clarified that its business will in no way be affected by President Trump's executive order extending moratorium on oil and gas operations in certain areas of the Gulf of Mexico and the Atlantic.The U…
Canadian oil and gas company Husky Energy said Wednesday it would put under 'a review' its West White Rose offshore oil project in Canada's Atlantic region, citing delays due to the suspension of all works on the project earlier this year due to the global pandemic…
Tullow Oil is exploring ways to fend off a potential cash crunch as the London-listed group reported a $1.3 billion loss after it was forced to write down $1.4 bln due to collapsing demand for oil.Tullow, with a market cap of $361 million as of Tuesday and $3 billion in debt…
UK-based tech company SRO Solutions has recently completed what it says is a 'major digitization project' for the Japanese FPSO provider MODEC in Ghana where the company has two FPSOs deployed.'The project, part of a series of high value digitization…
Offshore wind turbine maker MHI Vestas has further expanded its list of local suppliers in Taiwan for delivery of components for turbines to be built for the country's growing offshore wind market.The wind turbine company said Wednesday it would…
Norwegian energy giant Equinor has entered into a consortium with Japanese power companies JERA and J-Power to jointly evaluate and work towards submitting a bid for offshore wind power projects in Akita Prefecture off Noshiro City, Mitane Town…
U.S. oil company ExxonMobil has made an oil discovery at the Redtail-1 well, offshore Guyana. The news of the discovery was shared Tuesday by both Exxon, and Hess, Exxon's partner in the prolific Stabroek Block, This is the U.S. oil major's…
Norwegian seismic data acquisition firm PGS has completed a large seismic survey offshore Angola using the 2008-built Ramform Sovereign vessel.The 2020 PGS Namibe Basin survey connects the 3D seismic coverage of southern Angola with PGS seismic data library coverage in Namibia…