Latest News - page 1698


Rowan Rig Wins Repsol's Guyana Well Order

Mar 14, 2019

The offshore drilling contractor Rowan announced that Repsol Exploracion Guyana, a unit of Spanish energy major Repsol, has signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana.The contract is for…

Repsol, Emerson Pact for Geoscience R&D

Mar 13, 2019

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company,  will…

BOEM Plans Gulf of Mexico Lease Sale in August

Mar 13, 2019

The U.S. Bureau of Ocean Energy Management (BOEM) has proposed a Gulf of Mexico lease sale for August 2019, Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and BOEM Acting Director Walter Cruickshank announced Tuesday…

OPT Inks Deal with US Operator

Mar 13, 2019

Ocean energy solutions developer Ocean Power Technologies (OPT) said it has signed a master service contract governing work with an unnamed offshore oil and gas operator within the U.S. and the U.S. outer continental shelf, including the provision of goods and services…

Magma Products Launches Shutdown Division

Mar 13, 2019

Engineering consultancy Magma Products said its newly launched a shutdown division aims to bring a fresh approach to this complex arena of the oil and gas industry.The Aberdeen-based provider of commissioning and decommissioning services said…

Op/Ed: Unlocking a Low Carbon Future

Mar 13, 2019

Sian Lloyd-Rees, UK country manager with Aker Solutions and and chair of the Low Carbon Future keynote program session at SPE Offshore Europe 2019, believes oil and gas companies should lead the way toward a lower carbon future. Energy diversification…

Shell Bids to Build Dutch Offshore Wind Farms

Mar 13, 2019

Royal Dutch Shell has teamed up with energy company Eneco and builder Van Oord in a bid to build two wind farms in the Dutch part of the North Sea, the companies said on Wednesday.The tender for the wind farms, with total capacity of 750 megawatts (MW)…

Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field…

Orsted Seeks Ways to Avoid Brexit Tariffs

Mar 13, 2019

Denmark's Orsted is looking at ways to avoid potential tariffs on imports of components for its multi-billion pound British offshore wind farms in the event of a disorderly Brexit, the company's UK chief told Reuters.With only 16 days before Britain is due to leave the European Union…

Petrobras Prices $3 Bln in Bonds

Mar 13, 2019

Brazilian oil company Petroleo Brasileiro SA has priced global notes worth $3 billion due in 2029 and in 2049 as it seeks to repurchase shorter-term debt obligations, according to a securities filing late Tuesday.Petrobras, as the state-run company is known…

Qatar Petroleum Buys Into Morocco Exploration Blocks

Mar 13, 2019

Qatar Petroleum said on Wednesday it has entered into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco…

Eni Makes Major Oil Find Offshore Angola

Mar 13, 2019

Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated…

UK's First Offshore Wind Farm Decommissioned

Mar 13, 2019

German energy group E.ON will decommission the first wind farm built in U.K. waters, as the 4-MW facility has reached the end of its technical lifespan.Dismantling of the two-turbine Blyth offshore wind farm off of Northumberland will begin in April and last about four to six weeks…

Partners Group invests in Greenlink

Mar 13, 2019

Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector,  the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power…

SeaBird Scores Contract Extension

Mar 12, 2019

SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days…

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