Danish offshore drilling company Maersk Drilling has struck a deal to sell the drilling and production unit Mærsk Inspirer, on contract with Repsol at Yme offshore field in Norway, to Havila Sirius for $373 million.As part of the deal, Repsol will…
When U.S. President Joe Biden’s administration approved the country’s first major offshore wind farm this month, it billed the move as the start of a new clean energy industry that by the end of the decade will create over 75,000 U.S. jobs.Industry executives and analysts do not contest that claim…
Wintershall Noordzee, a Dutch joint venture between Gazprom and Wintershall Dea has awarded Archer Oiltools the contract for a plugging and abandonment campaign for the 2021/22 period and for up to 42 offshore wells.Oil services company Archer will provide is Perforate…
Norwegian energy company Equinor has acquired a site at the port of Łeba in northern Poland, to serve as the operations and maintenance (O&M) base for the Polish Baltic Sea offshore wind projects. This, according to Equinor, makes the company…
Liquefied natural gas (LNG) demand growth in Asia will slow down next year as the economic recovery stagnates and the capacity of competing fuels nuclear and coal expand in Japan and South Korea, research consultancy Wood Mackenzie said on Thursday…
A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members in a bid to force the company's leadership to reckon with the risk of failing to adjust its business strategy to match global efforts to combat climate change…
Floatel International, a company providing offshore accommodation services to the international oil and gas industry, has won its first offshore wind assignment.'The company is proud and honored to announce that the Group has been awarded its first offshore wind farm contract…
Dutch offshore survey firm Fugro has won a contract renewal with the U.S. offshore wind developer Atlantic Shores Offshore Wind.The contract is for the provision of real-time wind and metocean measurements off the coast of New Jersey in the U…
Norwegian marine seismic surveyor PGS has said it has won a 'significant' seismic data acquisition contract in the Black Sea. The project is scheduled to start in mid-August 2021 and be completed in November. The customer will have the opportunity to extend the contract…
Philippe Kavafyan, the former CEO of offshore wind turbine manufacturer MHI Vestas Offshore Wind, has been appointed Chief Executive Officer of the recently established Norwegian offshore wind developer Aker Offshore Wind.Aker Offshore Wind…
French oil and gas group Total and U.S. energy company Chevron have suspended some payments from a gas joint venture that would have reached Myanmar's junta, earning praise from pro-democracy activists for taking an important first step.International…
Indonesia offshore vessel operator Wintermar has secured five-year contracts for two of its offshore support vessels with an unnamed multinational oil and gas firm in Indonesia.Under the contracts, the two Anchor Handling Tug Supply vessels…
Danish offshore drilling firm Maersk Drilling has won further work for its Maersk Intrepid jack-up rig with Equinor in Norway.Namely, Equinor has exercised an option to add well intervention work at the Martin Linge field offshore Norway to…
The Nigerian National Petroleum Corp renewed Oil Mining Lease 118 [Bonga] with the local subsidiaries of Shell, Total, Exxon, and Eni for another 20 years, the West African country’s state oil firm said in a statement on Tuesday.The deal signals…
Exxon Mobil Corp's bid to stave off a tiny activist fund challenging its board and response to growing climate concerns is too close to call just hours before the oil giant's annual meeting, people familiar with the matter said.Exxon's 12 directors…