Offshore energy industry services company Acteon Group Ltd has appointed Dr Bernhard Bruggaier as Group Chief Executive. He succeeded Dr Carl Trowell, effective from January 1, 2023.Bruggaier joined Acteon’s subsidiary MENCK in 1994, became its Managing Director in 1998…
Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…
The Supreme Court in the Philippines on Tuesday declared the country's 2005 energy exploration agreement with Chinese and Vietnamese firms was illegal, ruling that the constitution does not allow foreign entities to exploit natural resources…
Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…
UK North Sea-focused oil and gas company Orcadian's management said Tuesday it had completed an update of its estimate of technically recoverable resources for the Pilot field, increasing it 18% to 97 MMbbl for a P50 case based upon a polymer flood development scheme…
Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…
Offshore services firm Tekmar Group said Tuesday that its group companies Pipeshield International Limited and Subsea Innovation Limited had secured several significant contracts.According to Tekmar, Pipeshield International Limited has won…
The Brazilian offshore drilling company Ocyan has engaged DNV as an independent third party in the qualification process of a system injecting hydrogen as an additive in the internal combustion engines of drilling rigs, in order to reduce diesel…
Oilfield services company Archer Limited has acquired Aberdeenshire-based firm Romar-Abrado, which offers services to the plugging and abandonment market. The acquisition is based on an enterprise value of USD 8 million, plus an earn-out pending trading performance over 2023 to 2025…
Jack-up rig specialist Shelf Drilling has won a one-year contract extension for the Trident 16 jack-up rig in Egypt.The contract will be in direct continuation of the rig's current term with Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez…
Norwegian floating wind technology developer Odfjell Oceanwind said Monday it would, together with its partner Source Galileo, participate in the competition for seabed lease for floating offshore wind on Utsira Nord west of Haugesund in Norway…
Germany's EEW SPC has completed the construction of 50 monopiles for Iberdrola's second wind farm project in the German Baltic Sea, the Baltic Eagle.'In December 2022, as scheduled, the last monopile for the Baltic Eagle offshore wind project…
Russia has restored oil output at its Sakhalin-1 project after struggling with production following the exit of its previous operator Exxon Mobil Corp due to sanctions, an industry source said.Oil output from Russia's Sakhalin-1 project has recovered to 140…
Hellenic Cables has hired the offshore installation company Asso.subsea to move, install, and protect the 220 kV export subsea cable system that will connect the Windanker offshore wind farm to the German extra-high voltage transmission grid…
Dolphin Drilling's semi-submersible drilling rig, the Blackford Dolphin, has received a letter of award for additional work in Nigeria.This additional work will take effect in direct continuation of the previously announced $96 million contract with General Hydrocarbon Limited (GHL)…