Houston based deepwater oil and gas production and distribution equipment and services company Deep Down announced on Tuesday that it has appointed to experienced small cap investors to its board of directors.David J. Douglas and Neal I. Goldman fill two recent vacancies on the board…
Equinor's Aasta Hansteen gas field in the Norwegian Sea, which was shut on April 8 due to a gas leak, is expected to restart production on Wednesday, gas system operator Gassco said on Tuesday.'The expectation is that they will restart production tomorrow…
Oil held above $71 a barrel on Tuesday, supported by falling Venezuelan and Iranian exports and fighting in Libya that raised concerns of more supply threats, outweighing expectations of higher U.S. inventories.In Libya, fighting between Khalifa…
DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).DNV GL has worked with Dana Petroleum since 2012 with the development of the Western Isles floating production storage and offloading (FPSO) vessel…
Santos announced Tuesday it has confirmed significant gas resource in the Corvus-2 appraisal in the Carnarvon Basin, offshore Western Australia.Corvus-2 is located in 63 meters water depth, approximately 90 kilometers northwest of Dampier in Commonwealth waters within petroleum permit WA-45-R…
Dutch equipment manufacturer Huisman has won the contract to design, construct and deliver “the biggest leg encircling crane ever installed on a wind turbine installation vessel” for Jan de Nul’s new offshore wind installation vessel Voltaire…
India’s Union Cabinet has given its approval for a cooperation agreement between India and Denmark on strategic sector cooperation in the field of renewable energy with a focus on offshore wind.According to a government release, the Cabinet…
Spanish wind turbine giant Siemens Gamesa Renewable Energy (SGRE) and Vattenfall are collaborating to realize the supply of wind turbines at these offshore wind power plants being developed in Dutch waters.Pending final developments, the new SG 10…
The Norwegian Petroleum Directorate (NPD) has granted the Norwegian energy giant Equinor a drilling permit for offshore wells 6507/3-13 and 6507/3-13 A in the Norwegian Sea.Wells 6507/3-13 and 6507/3-13 A will be drilled from the Transocean Spitsbergen…
An Electronic Bus Link (EBL) has been commissioned on North Sea Shipping's subsea construction vessel North Sea Giant, said manufacturer from Yaskawa Environmental Energy / The Switch.The technology, a key element in a retrofitted Wärtsilä hybrid solution…
Norwegian services company SubseaPartner said it has secured a contract from Vår Energi, to provide dive support at its operated Goliat field in the Barents Sea.The engineering and installation project work scope incorporates a 24 hours air diving operation on the Goliat floating production…
Rising oil prices are proving the fountain of youth for aging rig fleets, and the resultant surge in rig relevance is stirring financiers to find new ways of hanging on to rig revenues.There’s no better example of the new finance fondness for…
Mediterranean focused Energean Oil and Gas announced Monday it has made a 'significant gas discovery' at the Karish North exploration well, offshore Israel.Preliminary analysis indicates initial gas in place estimates of between 1 Tcf (28 Bcm) and 1…
Next generation subsea technology deployed for the first time in the North Sea has helped to improve safety and reduce costcfor an offshore oil and gas project, said Scotland based WFS Technologies.The firms's new cutting-edge computing and…
Newly launched Malin Group arm Malin React has appointed Graham Penman as a Business Unit Manager to head up its operation.Penman has been appointed to oversee Malin React, one of seven subsidiary brands which make up Malin Marine Limited, formally Malin Marine Consultants Aberdeen…