Denmark's Orsted is looking at ways to avoid potential tariffs on imports of components for its multi-billion pound British offshore wind farms in the event of a disorderly Brexit, the company's UK chief told Reuters.With only 16 days before Britain is due to leave the European Union…
Brazilian oil company Petroleo Brasileiro SA has priced global notes worth $3 billion due in 2029 and in 2049 as it seeks to repurchase shorter-term debt obligations, according to a securities filing late Tuesday.Petrobras, as the state-run company is known…
Qatar Petroleum said on Wednesday it has entered into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco…
A lightweight, conductor-supported, minimum facility wellhead platform has been installed in 35 m water depth for the D28 oilfield Phase 1 project offshore Sarawak, Malaysia, for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd, 2H Offshore announced on Tuesday…
Subsea 7’s life of field business unit i-Tech 7 has appointed Simon Hird as its new regional director to help strengthen and grow its life of field business in the Asia-Pacific region. He will be based in the company’s Perth office.Hird brings…
British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves by around a fifth.The Kraken oil and gas field in the British North Sea is EnQuest's largest producing asset…
Offshore drilling contractor Transocean announced Monday that two of its ultra-deepwater drillships have been contracted by Petrobras for work offshore Brazil.The two drillships, Ocean Rig Corcovado and Ocean Rig Mykonos, are expected to commence…
Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers but still invest in energy firms that have refineries and other downstream activities, according to a government plan…
Satellite communications provider Speedcast International said it will begin to offer Intellian’s v240MT antenna to customers in the cruise and offshore energy sectors.The v240MT is Intellian’s next generation, tri-band and multi-orbit 2.4 meter antenna for use on Ku…
Vår Energi AS, operator of the Goliat field in the Barents Sea, announced Thursday it has entered into an agreement with Telenor Maritime to equip the field with 2G and 4G networks, in an effort to improve safety and emergency response capability in the region…
Norway's BW Offshore has won approval from Brazil's antitrust watchdog Cade to buy the Maromba oilfield from Petrobras and Chevron, according to a statement in the official gazette on Wednesday.Petrobras has a 70 percent stake in the field, while Chevron has a 30 percent stake…
The world's largest heavy lift and pipelay vessel, Pioneering Spirit, will take a temporary pause from Nord Stream 2 pipelaying activities in the Swedish Exclusive Economic Zone to perform planned platform lift work in the North Sea.The Allseas-owned vessel…
Australia's Woodside Petroleum in recent months has awarded several oil and gas engineering contracts to Subsea 7 for two projects offshore Australia and one off Senegal, the offshore services company said on Wednesday.The three contracts awarded…
Exxon Mobil Corp plans to boost capital spending for several years, CEO Darren Woods said on Wednesday, and the largest U.S. oil company's shares fell after he laid out a strategy to 'lean in' while the rest of the industry cuts back.Exxon shares fell more than 1…
Kraken Robotics Inc. announced Tuesday it has received $2.3 million from Ocean Infinity from the exercise of 5,760,000 warrants that had been issued in connection with the company’s private placement of units to Ocean Infinity in June 2018.…
