The Norwegian Ministry of Petroleum and Energy on Wednesday invited oil companies to apply for acreage in the mature areas of the Norwegian continental shelf as part of the Awards in predefined areas 2021 (APA 2021) licensing round.APA 2021…
Dutch offshore vessel owner SeaMar has informed that its MV Deep Helder has been deployed by MMT on the 2021 export cable route surveys for the Equinor “Beacon Wind” offshore wind farm.SeaMar’s Deep Helder is supporting MMT on this renewable energy project during the Geophysical…
Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the U.S. secretary of state said sanctions against Tehran were unlikely to be lifted.Brent crude futures were up 44 cents…
Panoro Energy has completed the purchase of an additional 10% working interest in the Dussafu Marin permit, offshore Gabon, from Tullow Oil.Following the completion, Panoro-Gabon holds a 17.4997% non-operated working interest in the Dussafu Marin permit…
U.S. oil major ExxonMobil said Wednesday it had made another oil discovery in the Stabroek block offshore Guyana, this time at the Longtail-3 well.'Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified…
FutureOn, a software company focused on the energy sector, has said it has designed a tool 'for the next-generation energy engineer that will impact project economics across the full lifecycle.'According to the company, the software called FieldTwin Design 6…
Energy firm Vattenfall has awarded Norfolk-based Gibb Safety & Survival, part of Gibb Group, a contract to provide protective clothing, safety, and survival equipment to keep workers safe across its eleven UK wind farms.Under the three-year contract…
Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business…
Ørsted, the world's largest offshore wind developer, has joined a consortium with Fred. Olsen Renewables and Hafslund Eco with the aim to compete in Norway's upcoming application round for offshore wind areas.'The Norwegian part of the North…
Malaysian FPSO specialist Yinson has been selected by TotalEnergies, to conduct preliminary Front-End Engineering Design (“pre-FEED”) for two FPSOs to be installed in Block 20/21 in Angola and Block 58 in Suriname. The Angola project FPSO is…
Woodside Petroleum is in the final stages of working out costs on its Scarborough gas and Pluto LNG expansion project, as it faces rising labor and steel costs, the company’s boss said on Tuesday.The Scarborough development offshore Western…
Blueprint Lab, a company that develops and manufactures compact dexterous subsea all-electric manipulators, has chosen the Saab Seaeye Falcon ROV as its lead in-house development platform.'Blueprint Lab’s design concept means their all-electric…
Wind power could make it possible to produce hydrogen without emitting greenhouse gases as cheaply as is currently feasible with fossil fuel energy by 2030, turbine maker Siemens Gamesa said in a white paper released on Wednesday.Policymakers see green hydrogen…
Australian oil and gas company Advent Energy has issued a call for tender for the delivery of offshore drilling services for its Baleen-1 well, off Newcastle, Australia.The tender has been issued to multiple drilling contractors who have semi-submersible drilling units in the region…
North East England-based offshore technology supplier Osbit Ltd has said it has reached a key milestone in the assembly of an innovative new well intervention tower system for FTAI Ocean.Following the installation of the top section of the tower onto the lower section in a complex lift operation…