Oslo-listed oil and gas company BW Energy has brought online the Gamba well DTM-7H as part of the Tortue Phase 2 field development in Gabon. The final well, DTM-6H, in the Dentale formation, is scheduled to come onstream in the coming days. Current…
Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…
The Philippines' energy ministry on Tuesday defended the sale of an oil and gas concession to a firm controlled by an ally of President Rodrigo Duterte, dismissing a graft complaint that alleged preferential treatment as 'malicious'.Udenna Corp…
British Prime Minister Boris Johnson on Tuesday set out his ambition for a green revolution that he hopes will force Western economies to kick their addiction to fossil fuels.Britain at the end of the month hosts the COP26 U.N. climate talks in Glasgow…
U.S. oilfield firm Halliburton Co on Tuesday posted its third consecutive quarterly profit, as a jump in oil prices and drilling activity boosted demand for its services and equipment.Oil prices have rallied to multi-year highs with global crude futures climbing 4…
Harland & Wolff Group, until recently known as Infrastrata, has secured work for its Arnish facility on the west coast of Scotland. The company said Tuesday that Harland & Wolff (Arnish) has been awarded a contract for the fabrication of four…
Oslo-listed oil and gas company PetroNor has been given more time by the Government of The Gambia to progress its ongoing discussions over its A4 offshore license with potential partners.The Gambian government has granted PetroNor a one-year…
Ireland-based oil and gas firm Providence Resources, which has for years been looking at ways to develop its Barryroe oil and gas discovery offshore Ireland, has now informed that its CEO Alan Linn is stepping down from the Board, and all subsidiary companies…
Dutch electricity transmission system operator TenneT said Tuesday that the load-out of the jacket for TenneT's offshore platform Hollandse Kust (north) has been completed in the port of Vlissingen, the Netherlands.The 2,100 tons heavy jacket…
Indonesia has cut its oil and gas production targets for this year, officials at industry regulator SKK Migas told reporters on Tuesday, as the coronavirus pandemic impacted new projects.The oil lifting target for 2021 was cut to 665,000 barrels per day (bpd) from an earlier target of 705…
U.S.-based oil and gas company Talos Energy has partnered up with oilfield services firm TechnipFMC to develop and deliver technical and commercial solutions to Carbon Capture and Storage ('CCS') projects along the United States Gulf Coast.'The…
Britain said it had attracted nearly 10 billion pounds ($13.72 billion) from global investors to fund its green regeneration agenda, as it hosted an investment summit involving 200 of the world's top financiers and executives.The summit marks post-Brexit Britain's biggest push to woo investors…
Italian industrial giants Eni and Fincantieri have signed an agreement to establish a partnership for promoting initiatives focused on the energy transition. Oil giant Eni and shipbuilder Fincantieri said the goal of the collaboration was to…
Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more reliant on imported fuel.How Britain charts a course to achieve net-zero emissions…
Subsea 7 has announced a very large award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun.The offshore installation services firm said Tuesday that the contracts were worth between $500 million and $750 million in total…