Norwegian offshore seismic data acquisition company PGS has said that the first data of its Peru MegaSurvey is now available. The seismic dataset, including 2D and 3D data, is aimed at E&P companies interested in South America, specifically Peruvian coastline hydrocarbon potential…
Dutch offshore services provider OOS International has joined an offshore decommissioning consortium created by Lloyd’s Register and Worley, in a push to drive down the costs of offshore decommissioning.'Decommissioning, for many, remains an uncertain cost burden…
The Nord Stream 2 has requested a permit allowing it to use pipe-laying vessels with anchors to complete the final roughly 120-kilometer stretch of pipeline in Danish waters, Denmark's energy agency (DEA) said on Tuesday.Work on the project…
BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.Here are some highlights from the report which can be downloaded here* Primary energy consumption rose by 1…
The oil price crash has transformed the outlook for the region’s E&P sector. Globally, governments and operators have been forced into action to rework investment plans in response to the dual impact of the precipitous fall in both demand and oil prices…
Danish offshore drilling company Maersk Drilling has joined a consortium whose aim is to develop an offshore storage solution for CO2 captured in Danish onshore facilities.Maersk Drilling said Wednesday it was joining a new CO2 storage consortium…
The UK’s offshore oil and gas industry has committed to cutting operational emissions by half in the next decade through operational improvements, flaring reduction, and powering offshore platforms with electricity.OGUK, a UK industry body representing…
BP’s announcement that it is going to write down the value of its exploration assets by $8-10 billion (56-70%) shows the accounting impact of its energy transition strategy.It also highlights the huge variation in how oil companies are viewing…
Norwegian offshore vessel operator DOF has secured long-term charters for a trio of anchor handling units with Petrobras in Brazil.DOF said Tuesday Petrobras had awarded its Skandi Urca and Skandi Fluminense vessels 2+2 year contracts with the start in September 2020…
Norwegian offshore vessel owner Solstad Offshore has secured long-term charters for two of its anchor handling tug and supply vessels in Brazil.Solstad said Tuesday that Petrobras had chartered its AHTS vessels Far Sagaris and Far Statesman for a period of three years…
The Norwegian offshore shipowner Eidesvik has signed a contract with Yxney Maritime for the use of Yxney's Maress energy efficiency software on its vessels, as a step towards further emissions reduction.Maress is a cloud-based system using available…
Fund management firm Copenhagen Infrastructure Partners (CIP) said on Tuesday it had started what it expects to be the world's largest fund for renewable energy infrastructure as it targets investments worth 100 billion crowns ($15.2 billion)…
Australian oil and gas producer Santos has offered its first-ever Bayu Undan condensate cargo via a tender for loading in August, two sources with knowledge of the matter said.The 650,000-barrel cargo is scheduled to load on Aug. 8-12. The tender will close on June 17 with bids valid until June 18…
Motive Offshore, marine equipment fabrication and rental specialist based in Scotland, has signed a memorandum of understanding with Orca Offshore for collaboration in Azerbaijan.The two-year agreement with the offshore design, fabrication and installation specialist will be focussed in Azerbaijan…
Norwegian seismic acquisition company PGS has said that its Ramform Titan has completed a seismic survey project in Brazil, breaking a streamer spread record in the process.The company said Tuesday that it had completed the survey on the first…