US based ocean energy solutions company Ocean Power Technologies (OPT) and UK based subsea services and solutions company Acteon Field Life Service, an Acteon Group subsidiary, have entered into a nonexclusive memorandum of understanding (MOU) to develop…
Since committing to go global in September 2018, US based Harvey Gulf said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname.The company noted it also has bids for work in Mozambique, Angola, Senegal, Israel…
Equatorial Guinea, one of Africa's top natural gas producers, is struggling with the reality of dwindling oil and gas resources and the hurdle of attracting financing for the monetization of the current output from its offshore fields.The country…
Mark Ford, Technical Manager of the International Marine Contractors Association (IMCA), has been promoted to Technical Director of the global organization.“Mark has been with IMCA for the last seven years and knows the association perhaps better than anybody…
The Yinson floating production, storage and offloading unit (FPSO) Allan will receive an anchoring system upgrade prior to deployment at the Anyala and Madu fields within leases 83 and 85 offshore Nigeria later this year.Norwegian FPSO systems…
A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on Thursday, where it was traded slightly below the book value it had in Maersk's own accounts.The demerger is a part of the…
France's CRE energy market regulator will publish its recommendations for the 600 megawatt (MW) Dunkirk offshore wind farm tender in early May, and it expects the price to be reasonable, the head of the regulatory body said on Thursday.'We will get reasonable prices for the Dunkirk offshore tender…
Lebanon's government has approved a second offshore energy licensing round with bids to be submitted early next year, Energy Minister Nada Boustani said on Twitter on Thursday.Offshore energy development has been a central ambition for successive governments in cash-strapped Lebanon…
Norwegian offshore survey firm Electromagnetic Geoservices (EMGS) has signed a final contract withSpirit Energy Norway AS for a survey in the Barents Sea offshore Norway.According to a stock exchange notification by the geophysical services company…
Norwegian multinational energy company Equinor has concluded the drilling of wildcat well 36/1-3 in production licence 885 in the northern part of the North Sea offshore Norway. The well was dry, the Norwegian Petroleum Directorate (NPD) said…
Havila Shipping ASA, a Norway-based company engaged in the provision of offshore industry services, said that the oil company Total E&P UK has awarded an extension for its platform supply vessel (PSV) Havila Commander.According to a press note…
Based on geological studies that point to great potential for ultra-deepwater pre-salt oil reserves beyond its exclusive economic zone (EEZ), the Brazilian government is considering offering for the first-time exploratory blocks beyond the limits…
UK based independent Chariot Oil & Gas announced Wednesday it has been awarded a 75% interest and operatorship of the Lixus license offshore Morocco. The country's Office National des Hydrocarbures et des Mines (ONHYM) will hold the remaining 25% stake…
US based ocean energy solutions company Ocean Power Technologies (OPT) said it has signed a contract with an unnamed oil and gas exploration and production company to complete a 12-week paid feasibility study that will examine the use of OPT’s…
Denmark based drilling rig operator Maersk Drilling said on Wednesday it has secured a long-term contract for its ultra-deepwater semisubmersible Mærsk Deliverer, for drilling at the Ichthys gas and condensate field in the Browse Basin offshore Western Australia…