Lundin Energy, a Swedish oil firm focused on the Norwegian Continental Shelf, on Tuesday said it had started production from the Extended Well Test (EWT) at its Rolvsnes offshore field, the first subsea tie back development for the Edvard Grieg platform…
Africa-focused oil and gas firm Tower Resources has signed an agreement to farm out some of its stake in the Thali block offshore Cameroon to Beluga Energy Limited.Under the binding Heads of Agreement, Beluga will take a 49% non-operating working interest in Thali Production Sharing Contract…
Norwegian offshore service and supply ship shipping company Solstad Offshore announce it has secured a new contract for one of its construction support vessels (CSV) with Petrobras offshore Brazil. Financial details of the deal were not disclosed…
U.K. gas company IOG announced the spudding of the Blythe development well in the U.K. North Sea.Following Elgood, Blythe is the second development well in IOG's Phase 1 project and is expected to take under three months to drill and complete…
China Classification Society (CCS) is reporting the successful surveying of the world’s first 100,000 DWT deep-water semi-submersible floating production storage and offloading installation (FPSO).Dubbed Shen Hai Yi Hao, the platform is formally…
The TetraSpar floating wind foundation, developed by Stiesdal Offshore Technology, has arrived at the Marine Energy Test Centre, near Stavanger, southeast Norway. The foundations have been fitted with a 3.6MW wind turbine.The news was shared…
Renewable energy developer Mainstream Renewable Power and Siemens Financial Services said on Friday they jointly bid to build offshore wind capacity in the ScotWind leasing round.The companies did not disclose how much capacity they intend to build if their bid is successful…
Chevron Corp on Friday reported its highest profit in six quarters and joined an oil industry stampede to reward investors with share buybacks, as rebounding crude oil prices carried earnings and cash flow to pre-pandemic levels.Oil and gas…
The consortium owning the Beatrice Offshore wind farm off the coast of Scotland, has signed an agreement to sell the 588MW wind farm's Offshore Transmission Assets (OFTO) to Transmission Capital Partners.The buyer is a consortium comprising International Public Partnerships Limited…
China's MingYang is making progress will its MySE 11MW-203 offshore wind turbine development.The company said Friday via social media that its MySE 11-99A1 blade for the 11MW turbine had rolled off the production line at the Guangdong Shanwei offshore blade production facility on Thursday…
Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project.The group posted…
North Sea oil and gas producer Harbour Energy has tapped consultancy Xodus to assess the infrastructure and modifications required to enable electrification of the oil and gas company's Central North Sea platforms.The move comes following the…
Wind turbine maker Siemens Gamesa posted a loss for the three months to June on Friday and confirmed a warning it made earlier this month that its profit margin could be negative over the full year.The world's biggest maker of the huge offshore generators…
Malaysian oil and gas firm Petronas said Friday that Petrofac had brought online the East Cendor field in Block PM304, 40 kilometers offshore Peninsular Malaysia.The field was developed by Petrofac as the operator and Kuwait Foreign Petroleum Exploration Company and Petronas Carigali as partners…
Pharos Energy said Thursday it had completed its 3D seismic program on the western part of Block 125 in the Phu Khanh Basin, 'the last unexplored frontier offshore Vietnam.' The company hopes the data will help it attract a drilling partner…