ExxonMobil's Australian subsidiary Esso Australia has made a final investment decision to develop additional gas from the Gippsland Basin Kipper offshore field in Australia's Bass Strait.The company said the move would 'help secure much-needed supply for the Australian domestic market…
Offshore helicopter operator CHC's acquisition of Babcock's oil and gas aviation business has raised competition concerns in the UK.Following an in-depth Phase 2 investigation of the completed acquisition, the UK Competition and Markets Authority…
The Offshore Technology Conference (OTC), to be held in Houston between May 2–5, 2022, announced today the winners of the 2022 Spotlight on New Technology Award. 'This prestigious award is presented to OTC exhibitors who are revolutionizing…
Japan's NYK said Thursday its new crew transfer vessel (CTV) Energizer had started its charter with Northern Offshore Services AS (NOS), a subsidiary of the Sweden-based Northern Offshore Group AB (NOG).The CTV, which will be used to service offshore wind farms…
The Renewables Infrastructure Group (TRIG) has acquired a 7.8% stake in the huge Hornsea One wind farm located off England's Yorkshire coast, it said on Thursday.TRIG bought the stake from Global Infrastructure Partners for an undisclosed sum…
UK-based oil and gas company Serica Energy has resumed production from its Rhum gas field in the UK North Sea, following a shutdown in February.As previously reported, Serica on February 28 said it had paused production from the Rhum gas field…
Harbour Energy, the British North Sea's biggest oil and gas producer, reported on Thursday free cash flow of $678 million for 2021 in its first full-year results after its merger with Premier Oil, up from a pro-forma $562 million in 2020.It forecast that…
Seajacks UK Limited, a provider of installation and maintenance vessels to the offshore wind sector, and a subsidiary of Eneti, has secured a contract in NW Europe.Eneti said Tuesday that the contract was with a global original equipment manufacturer…
Norwegian oil and gas company Aker BP has awarded Italy's Saipem an offshore drilling contract worth $325 million.Saipem said Thursday the operations under the three-year contract, to be carried out by the Scarabeo 8 semi-submersible drilling rig…
There is a possibility of replacing Petrobras' chief executive, Brazil's President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company's pricing policy.In an interview with regional TV channel, Bolsonaro said…
Norwegian offshore drilling technology company Enhanced Drilling said Wednesday that Spanish Repsol had signed up to use its RMR Riserless Mud Recovery system in the Norwegian part of the North Sea in a multi-well deal due to start in May 2022…
Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters…
Oilfield services giant Petrofac said Wednesday that Abu Dhabi National Oil Company (ADNOC) had lifted the suspension of the company imposed in March 2021.Abu Dhabi-based oil and gas giant ADNOC had suspended oilfield services firm Petrofac…
Noreco, TotalEnergies' partner in the Tyra offshore field redevelopment, has announced the sail away of the new Tyra II utility and living quarters unit (accommodation unit) from Ravenna, Italy, where it was built by Rosetti Marino.'The accommodation…
Claxton, a brand within Acteon’s drilling and decommissioning segment, has agreed to acquire decommissioning personnel and assets from Oceaneering.From the anticipated closure date of March 30, 2022, certain Oceaneering staff based in Norway will transfer to Claxton…