Malaysia's Petronas said Wednesday it had undertaken a new offshore multi-client 2D seismic survey in the northern area of the Straits of Melaka (Straits of Malacca) to explore and map the hydrocarbon potential in the open blocks of PM320 and PM321 of the Langkasuka Basin…
West Africa-focused Tullow Oil on Wednesday trimmed its 2023 production forecast for a second time, mainly due to delays in Jubilee oilfield's southeast extension off Ghana.In September, the London-listed company had reduced the upper end of its production guidance for the year to 58…
Chevron’s deal to buy Hess will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess’s past losses to cut future payments, according to the company and tax experts…
Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp. are moving ahead with their discussions to invest in carbon capture facilities, while Exxon eyes a petrochemical project in the country.Pertamina and…
KOTUG said Tuesday it had, via its Guyanese subsidiary KOTUG Guyana strengthened its position in Guyana with the arrival of three additional Offshore Terminal Tugs to support ExxonMobil Guyana’s offshore operations.With the arrival of KOTUG-owned ‘SD Grace’…
Vattenfall has supplied the first power from its offshore wind farm, Vesterhav Syd, to the Danish power grid.'It was a culmination of almost seven years’ work on the wind farm, when the blades of the first wind turbine were turned up against the wind and started generating fossil-free electricity…
Framo said Wednesday it would supply suction bucket pumping systems for the foundations of Ørsted's Greater Changhua Offshore Wind Project in Taiwan.The Framo Suction Pump Spread Systems will be produced at the Framo factory at Flatøy outside Bergen…
China's CNOOC has begun production at the first phase of its Bozhong 19-6 gas condensate field, according to a statement released by the company on Tuesday. The project, located in the central Bohai Sea off the coast of eastern China, is expected to achieve peak production of approximately 37…
Chevron said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it was told by Israel to halt operations due to violence in the region.The Tamar field, a major source of gas for Israel's power generators…
Denmark-based offshore wind developer Orsted has decided to pull out of the Norwegian offshore wind partnership due to prioritization of investment in its portfolio.Ørsted joined Bonheur ASA's subsidiary Fred. Olsen Renewables AS, now Fred. Olsen Seawind ASA…
Dutch marine services provider Seacontractors announced it has acquired two secondhand anchor handling tugs from Boskalis.Classed by Bureau Veritas with an unrestricted sailing area, the 2013-built Seraya and Sentosa each offer 120 tons bollard pull capability…
Offshore drilling contractor Diamond Offshore Drilling said Monday it had entered into a drilling contract with an independent operator to utilize the Ocean BlackRhino drillship for work offshore Guinea-Bissau. The Ocean BlackRhino was awarded…
Petro Services and its main subcontractor, Ocean Installer today announced they have been awarded a contract from TotalEnergies EP Angola and it’s Block 17 partners, to execute an umbilical recovery and reinstallation scope on the Pazflor FPSO…
The Kremlin said on Monday that more signs were appearing of Ukrainian involvement in the blasts that ruptured Russia's Nord Stream gas pipelines last year, following a Washington Post report that a Ukrainian military officer coordinated the attack…
The Portuguese oil and gas firm Galp has awarded the Dutch company Fugro a contract to conduct an environmental and geophysical survey offshore Namibia. 'Known for its remote location, challenging conditions and ultra-deep water, this site is key to future energy operations in the region…