Salvors have raised the bow section of the liftboat Seacor Power, which overturned in heavy seas in the Gulf of Mexico in April.The Donjon-SMIT salvage team lifted the bow section to the surface of the water and transported it by barge on Saturday to the Modern American Recycling Services…
Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process 'simpler and more competitive,' the natural resources minister said on Monday…
Offshore helicopter operator Bristow on Monday said it had secured separate two-year contract extensions through April 2024 with Equinor, Shell, and Neptune.The company will support the oil firms' air transportation crew change needs for their operations in the Norwegian continental shelf…
Valaris, a company leasing offshore drilling rigs to oil and gas companies, has secured a 16-well contract for one of its semi-submersible drilling rigs.The drilling firm said Monday that the Australian oil and gas firm Woodside had hired the Valaris DPS-1 semi-submersible drilling unit…
Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.Many companies, particularly those in the fossil fuel industry are using…
Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total.3R Offshore, a company with a strategy to revitalize mature offshore fields…
Malaysia has appointed Mohd Bakke Salleh as the chairman of state energy firm Petroliam Nasional Berhad (Petronas), the prime minister's office said on Monday.The change comes as Petronas is recovering from a demand slump caused by the COVID-19 pandemic…
DNO ASA, a Norwegian oil and gas firm focused on the Middle East and the North Sea, has appointed a new Chief Operating Officer.The company said Monday Chris Spencer would be appointed COO, effective immediately. Spencer joined the Company in…
Norwegian company Aker Carbon Capture (ACC) said on Monday it would launch a service offering the removal of carbon dioxide (CO2) from industrial processes and its subsequent storage.The company, previously a division of oil services company Aker Solutions…
Predictive digital twin technology can reduce the steel weight and associated costs of offshore wind jacket foundations by up to 30 percent, a study has shown.Offshore energy industry consultants and digital twin tech provider Akselos and offshore…
Offshore installation firm Jan De Nul has signed a final contract for the transport and installation of 87 GE Haliade-X 14 MW offshore wind turbines for the third phase of the giant Dogger Bank wind farm that will be built in the North Sea off the coast of the UK…
Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years…
Italian oil giant Eni is working to boost its renewable energy portfolio further after it last year entered the Dogger Bank, the world's largest offshore wind project, on its path towards delivering 60 GW of renewables installed capacity by 2050…
CGG, a France-based provider of seismic data for oil and gas exploration, said Monday its subsidiary Sercel has recorded the first major sale of its recently launched GPR300 seabed nodal solution.Sercel sold the nodes to BGP, a China-based international geophysical services provider…
Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.Benchmark…