Equatorial Guinea will offer offshore Block R with the related Fortuna gas development project in the April licensing round, after the concession was reclaimed from Ophir Energy Plc, the oil minister said on Tuesday.Gabriel Obiang Lima told…
Lee Wilson has joined remotely operated underwater vehicle (ROV) services provider ROVOP as Head of Technology.In the newly created role, Wilson will lead ROVOP's technology development in line with key client drivers such as cost optimization…
Repsol has reached an agreement with Total to acquire its 7.65% stake in the producing Mikkel field, in the eastern part of the Norwegian Sea.The Mikkel field is a gas and condensate reservoir located 35 kilometers south of the Midgard deposit on Equinor’s Åsgard field in the Norwegian Sea…
Gulen Industrial Harbour in Sogn og Fjordane county has been awarded the contract for assembly site for the floating Hywind Tampen wind turbines before they are transported to the field in the North Sea.No work will commence prior to an investment decision for Hywind Tampen…
BP's profit doubled to $12.7 billion in 2018, driven by strong growth in oil and gas output following the acquisition of a large portfolio of U.S. shale assets.The company's debt rose however, and the pace of its share buyback scheme slowed in the last quarter as it completed the $10…
Amid mixed reports on the health of the offshore supply chain, the underreported seismic services segment — a bellwether of eventual market growth or decline — is showing signs that another wave of market recovery is just a year away.Oslo-based…
FLNG & FSRU: Which ones will clear the investment hurdle?IMA/World Energy Reports has just completed a 12-month detailed assessment of the floating liquefaction and regasification market. The 150+ page study examines future market opportunities in floating liquefaction and regasification…
Supermajor Chevron announced on Monday it has named Pierre Breber vice president and chief financial officer, effective April 1, 2019.Breber replaces Patricia Yarrington who has elected to retire after 38 years with the company.Breber joined Chevron in 1989…
Canadian oil and gas exploration company CGX Energy and compatriot petroleum exploration and production company Frontera Energy have executed a farm-in joint venture agreement covering CGX’s two shallow water offshore Petroleum Prospecting Licenses in Guyana…
The global energy services company has announced the acquisition of SGC Metering from Petrofac.SGC Metering is a specialist in the design and manufacture of flow computer metering systems for the oil and gas industry. It provides expertise right across the full life cycle of a metering project…
Subsea project delivery firms James Fisher Offshore (JFO) and specialist in offshore heavy lift market First Subsea have joined forces to launch a revolutionary cut and lift product that promises to streamline decommissioning projects worldwide…
The provider of of topside, offshore and subsea marine services and solutions James Fisher Marine Services (JFMS) has announced that its innovative offshore support vessel, Dart Fisher, has returned to sea following refurbishment at the Alicat Workboats shipyard in Great Yarmouth…
Pandion Energy announced it has begun to digitalize its subsurface capabilities through the application of new digital solutions to geological and geophysical data.The objective, Pandion Energy said, is to drive innovation and enhance efficiency…
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has released the Crux Offshore Project Proposal for public comment. The proposal was submitted by Shell Australia Pty Ltd and is open for comment for a period of six weeks ending 18 March 2019…
The Liberty pipe mills at Hartlepool has been awarded a multimillion-dollar contract to supply steel pipeline for North Sea gas.The mills, which were acquired and relaunched by Liberty, part of Sanjeev Gupta’s GFG Alliance, in late 2017, have…