LOC Group’s Houston office provides perspective on decommissioning developments in the Gulf of Mexico.The Gulf of Mexico basin covers approximately 1.6 million km2 and is one of the most important petroleum production regions in the world. A…
The fast-track 3D seismic data from CGG’s recent Mozambique multi-client survey in the outer Zambezi Delta Basin is now available for license, the geoscience company announced during Africa Oil Week.The data covers a 15,400 km2 area over blocks Z5-C and Z5-D and surrounding open acreage…
Norway has been forced to close the Sture Oil Terminal near Bergen and has started closing down the nearby Kollsness gas-and-condensate terminal — a lifeline of heating gas to Europe — after an early morning collision between a $440-million frigate and an oil tanker…
Norway's Ministry of Petroleum and Energy and Ministry of Finance has approved the transaction from AS Norske Shell and OKEA concerning the transfer of the licenses associated with the Draugen field in the Norwegian Sea and the Gjøa field in the North Sea…
The government regulator for gas and electricity markets in Great Britain Office of Gas and Electricity Markets (Ofgem) has granted TC Dudgeon OFTO plc a licence for the link to the Dudgeon offshore wind farm.The licence allows Dudgeon to own and operate the GBP297…
London-based E&P company Panoro Energy said its Norwegian subsidiary Panoro Tunisia Production has reached an agreement with OMV Exploration & Production GmbH to acquire 100 percent of the shares of OMV Tunisia Upstream GmbH.According to the Oslo-listed company…
Poland has announced ambitious plans to develop 8 GW of offshore wind by 2035 and the country is working on laws that could support this project.Polish State Secretary for Energy Grzegorz Tobiszowski said the country has the potential to develop the capacity in the Baltic Sea up to 2035…
Denmark-based drilling rig operator Maersk Drilling and oil and gas company Wintershall Noordzee B.V. have extended their previous cooperation in a new agreement which gives Maersk Drilling the status of preferred contractor to Wintershall Noordzee B…
The UK Hydrographic Office (UKHO) has been awarded Highly Commended at the STEM Inspiration Awards, in recognition of their outstanding commitment to encouraging young people into science, technology, engineering and mathematics careers.According to a press statement…
BHP and Equinor secured exploration blocks of the eastern Canadian province of Newfoundland and Labrador in a bid offering Wednesday that drew record high net bidding over C$1.3 billion.BHP will operate two exploration parcels in the offshore Orphan Basin…
Brazil's right-wing President-elect Jair Bolsonaro said on Wednesday that the chief executive of state-controlled oil company Petroleo Brasileiro SA, Ivan Monteiro, is not expected to stay on during the new administration.Speaking to reporters…
Independent provider of subsea equipment rental, sales and services to the offshore industry Ashtead Technology Limited announced Wednesday that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider…
As Brazilian national operator Petrobras and major international oil companies (IOC) target decreasing exploration and production (E&P) costs, especially at deepwater pre-salt plays in Brazil, increased investment will be funneled to research…
Hydrographic and geophysical survey company Ocean Infinity has placed three separate orders for a total of five Kongsberg Maritime HUGIN autonomous underwater vehicle (AUV) Systems, increasing its inventory to 15.Kongsberg Maritime said the…
Ghana has approved state-owned company GOIL as minority local partner for Exxon Mobil's deepwater offshore oilfield, Energy Minister Peter Amewu said on Wednesday.The West African nation is receiving 'huge interest' from international and local…