Japan's industry ministry on Wednesday launched a bidding process to select an operator for the 21 megawatt (MW) Goto offshore wind power project in Nagasaki, southern Japan, marking its first auction under a new law to promote the sector.The…
Subsea services firm Cortez Subsea has won a contract with Repsol to provide a subsea inspection management system (SIMS) offshore Malaysia.The UK-based company said the five-year contract was worth a six-figure sum. Cortez Subsea will deliver…
Offshore construction company Lamprell has won a firm order to deliver substructures for Seagreen - the giant offshore wind farm being developed offshore Scotland.Lamprell, based in UAE, had earlier this month received a letter of award from…
Norway is planning a major expansion of oil exploration in the Arctic, despite commitments to tackling global warming and opposition from environmental groups.Minister of petroleum and energy Tina Bru said on Wednesday the expansion was needed to protect jobs and generate wealth…
Oil and gas company Neptune Energy has completed the removal of three platforms from the Dutch sector of the North Sea with the help of the Dutch offshore contractor Boskalis.The platforms, L10-C, L10-D, and L10-G, had been in production for four decades before ceasing production in 2016…
Offshore installation contractor DeepOcean has been awarded an EPCI contract for marine operations on Repsol’s Yme project in the North Sea offshore Norway.The award to DeepOcean covers project management, engineering, construction, and offshore…
Oil and gas major Chevron has signed a gas sales agreement in Australia, to supply BHP Nickel West from its Wheatstone gas project.Starting in July 2020, Chevron plans to supply BHP Nickel West with a total of 22 Petajoules of equity domestic gas over the 3…
Australian-listed oil and gas company FAR Ltd said on Wednesday its Senegalese unit had defaulted on its obligations to the Sangomar joint venture, as the company looked to sell its interest in the project.The company owns 15% of the Sangomar oil and gas field being developed off Senegal…
The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.A collapse of the offshore industry will have broad impact…
Marine and engineering consulting firm LOC Group has been awarded a new scope of work with Norway's Equinor to provide services as part of the second phase of the development of the Johan Sverdrup offshore oil field in Norway.Under the contract…
Brent futures prices have risen by more than 80% over the last two months, the fastest increase at any point for more than a quarter of a century, as the market has rebounded from its worst crisis in decades.Front-month Brent futures have averaged…
Danish offshore wind farm developer Ørsted has awarded German service provider EWE a contract for maintenance of the low-voltage areas and the sub-systems of the substations of two wind farms offshore Germany. EWE said its offshore subsidiary…
China's Jutal Offshore Oil Services Limited has said it has won orders to build components for an offshore wind farm and an FPSO, for unnamed clients.Jutal said in a statement that the contracts were awarded to Zhuhai Jutal Offshore Oil Services Limited…
Malaysian energy services company Uzma has won a contract to deliver a portable water injection module for Petronas Sepat offshore platform in Malaysia.Under the contract, Uzma will be responsible for the design, engineering, procurement, fabrication…
Woodside Petroleum Chief Executive Peter Coleman expects to remain in the top job for around two or three more years, with the company grappling with a review of its project timeline and possible acquisitions, he said on Tuesday.While the company weighs acquisitions…