Asia Pacific-focused Jadestone Energy, which last month shut down production from its Montara Venture FPSO off Western Australia due to an issue with the FPSO's 4S ballast water tank,is still working to address the defect in the tank.Jadestone Energy said Thursday that since the shutdown…
The German Federal Network Agency today announced that RWE has been granted awards for Nordseecluster B. This involves the N-3.6 and N-3.5 sites in the German North Sea, on which RWE plans to develop, build, and operate two wind farms with a total capacity of 900 megawatts (MW)…
Aberdeen-based Balmoral has developed mooring buoyancy for the offshore wind and SURF sectors.'A comprehensive range of ‘off-the-shelf’ products are deployed across a number of applications, from simple location markers to short term installation/deployment aids…
Oil company Tullow Oil agreed to sell its total interest in Tullow Guyana, which includes the Orinduik license (Tullow 60% operated equity) in Guyana to Eco Atlantic's subsidiary Eco Guyana Oil and Gas (Barbados) Limited in exchange for a combination of upfront cash and contingent consideration…
UK-based oil firm Harbour Energy said Thursday it would sell its business in Vietnam to Big Energy Joint Stock Company for a consideration of $84 million. Harbour Energy's Vietnam business includes a 53.125 percent interest in the Chim Sao and Dua producing fields in Block 12W…
Spanish renewables energy company Iberdrola has awarded Windar Renovables a contract to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. Production will be carried out at the Avilés facilities, with the…
The UK-based energy industry services firm EnerMech has been awarded a five-year £12 million contract by TotalEnergies EP Congo for crane and lifting maintenance at a new facility to be built at Pointe-Noire, the second largest city in Congo…
Dutch oil and gas services company SBM Offshore reported on Thursday half-year earnings before interest, tax, depreciation, and amortization (EBITDA) that missed consensus estimates and fell below the level seen a year earlier.The group, which supplies and operates floating production…
Italian offshore engineering and construction company Saipem has won a new contract with Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by the National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project (BGUP)…
Swansea-based HST Marine, a Purus Wind company, is using Reygar’s BareFLEET technology to understand and report on the performance of its hybrid Crew Transfer Vessels (CTVs), and reduce emissions.The company currently has four hybrid CTVs in operation with three more soon to enter service…
Guyana and the Dominican Republic on Tuesday signed a memorandum of understanding to cooperate on recruiting companies to build a 50,000-barrel-per-day refinery in Guyana that would tap the country's oil wealth.Any project would be at least 51% owned by the Dominican Republic government…
On Wednesday, Japanese oil and gas explorer Inpex raised its full-year net profit forecast by 7% and announced measures to boost the company's value and shareholder returns, including a dividend increase and share buyback.To address the country's number of undervalued stocks…
Oil and gas firm Tullow said Wednesday it had received approval from the Government of Gabon for the extension of several of its Gabon licences to 2046.'The license extensions increase the value of Tullow's resource base through the addition of c…
The FPSO being built for the Sangomar development, Senegal's first offshore oil project, is 90% complete and is expected in Senegal in February 2024.The information was shared on X by Senegal's Ministry of Petroleum and Energy, whose delegation…
Norwegian oil and gas company DNO said Wednesday that a fast-track development concept has been agreed for its 2016 Brasse offshore oil and gas discovery in license PL740 offshore Norway.The concept selection paves the way for detailed design…