West Africa focused exploration and production company LEKOIL announced on Thursday that it has secured funding for the appraisal drilling and initial development program activities on the Ogo field within OPL 310 offshore Nigeria.Lekoil 310 Limited…
Shares of Tullow Oil dropped by nearly a fifth on Thursday as the oil producer's update on the commercial viability of its new well offshore Guyana disappointed investors.Tullow said the Carapa well in the Kanuku offshore block contains oil…
Brazil's state-run oil company Petroleo Brasileiro said on Thursday that board member Clarissa Lins had tendered her resignation.In a securities filing, Petrobras said Lins cited 'professional reasons that prevent (her) at this time from continuing to perform such duties…
As the New Year kicks off this week, some of Africa’s oil and gas producers are looking forward to fast-tracking approved offshore exploration plans to counter falling production volumes and meet the increasing demand especially for natural…
A worker was injured on the Terra Nova floating production, storage and offloading unit (FPSO) offshore Canada's East Coast, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said on Monday.On Sunday night, operator Suncor…
Australian oil and gas producer Santos Ltd said on Tuesday it plans to carry out maintenance between April and August at its offshore production unit that produces Van Gogh crude.'The Ningaloo Vision will be undergoing scheduled dry dock maintenance in Singapore over this period…
Israel's $3.6 billion offshore Leviathan field started production on Tuesday, paving the way for multi-billion dollar gas export deals with Egypt and Jordan in the coming weeks.Natural gas began flowing from Israel's largest field despite regulatory…
The second of the three platforms for the WindFloat Atlantic project has left the Port of Ferrol for its final destination 20 kilometers offshore Viana do Castelo, Portugal.Upon arrival to the project site, it will be installed next to the first floating platform…
Iran begins extraction of natural gas from an offshore rig at South Pars, the largest gas field in the world which is shared between Iran and Qatar, said the country's official media.The extraction of gas will add some 14.2 million cubic meters…
Offshore drilling contractor Seadrill announced on Monday it has secured a three-year contract for the jackup drilling rigs AOD II and AOD III in the Middle East, in direct continuation of their current contracts.Total contract value is expected…
Malaysia’s Petroliam Nasional Berhad (Petronas) announced it has acquired stakes in two deepwater fields in the Campos Basin offshore Brazil.Petronas said on Sunday its subsidiary Petronas Petróleo Brasil Ltda. (PPBL) completed its acquisition…
Matthew Tremblay, ABS SVP, Global Offshore Markets, discusses the course ahead for the burgeoning US offshore wind market.
Egypt said on Sunday that it awarded oil and gas exploration concessions in the Red Sea to Chevron, Royal Dutch Shell and Mubadala in an international tender.Chevron was awarded the first block, Shell a second block, and a third block was awarded…
Greece's Prime Minister said in remarks published on Sunday that if Athens and Ankara cannot solve their dispute about maritime zones in the Mediterranean they should turn to the International Court of Justice (ICJ) in The Hague to settle the disagreement…
Europe — okay, Brussels — is keenly anticipating the day hydrogen begins supplanting the natural as in its pipeline net, as more explosive H could mean energy storage, motive power and, perhaps, heating.It wants more hydrogen from offshore platforms…