Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters.According to a press release from the London-headquartered subsea engineering company, the engineering…
Venezuela on Wednesday increased wages for workers at state energy company PDVSA after employees staged small protests to decry meager salaries amid the OPEC nation's economic meltdown.Socialist President Nicolas Maduro in August unexpectedly…
The University of Strathclyde’s Advanced Forming Research Center (AFRC) and Baker Hughes, a GE company (BHGE), have joined forces to explore how some of the latest advanced manufacturing tools and processes can drive more efficient, smarter…
U.S. headquartered oil and gas company Kosmos Energy said on Wednesday it will abandon an offshore well in Suriname because it failed to find oil, the second well it plugged in the region in recent months for the same reason.Kosmos said the…
U.S. oil firm Chevron will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in an exploration license, according to a government letter.Oil majors, including Exxon Mobil, BP and Shell…
Hibiscus Petroleum Bhd has acquired 50% interest in two oilfields offshore the United Kingdom for $37.5 million in total.In a press statement, Hibiscus said its indirect wholly-owned subsidiary Anasuria Hibiscus UK Ltd (AHUK) had entered into…
Malaysia’s Yinson Holdings Bhd has received the termination of an FPSO contract for its Knock Allan FPSO located on the Olowi field offshore Gabon.The oil and gas services company said in a press release that the contract with Canadian Natural Resources (CNR) International (Olowi) Ltd…
Sirius Petroleum has signed an agreement with Shelf Drilling for the jack-up rig is already located in proximity to the Ororo field, and, it is due to become available in November.The Nigeria-focused oil and gas development and production company said in a press release that it has decided…
Aqualis Offshore has completed the floatover installation of the REGAS topside offshore Bahrain as part of the Bahrain LNG Import Terminal, said a press release.Aqualis Offshore, part of Oslo-listed energy consultancy group Aqualis ASA was contracted…
Siemens Gamesa Renewable Energy (SGRE) has awarded the first two local supply agreements for offshore wind projects in Taiwan in ceremonies in Taipei.Firstly, Swancor will supply resin used in the blades slated for the Formosa 1 Phase 2 offshore wind power plant…
Hornsea Project Four is a new offshore wind farm which Ørsted is proposing to develop in the North Sea, approximately 65 km off Flamborough Head on the Yorkshire Coast.Ørsted is investigating an offshore wind farm area for a project of up to 860km2…
Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales.“We are entering…
UK's energy regulator, Office of Gas and Electricity Markets (Ofgem), has opened the tender process for the first project in its sixth round of its offshore transmission owner (OFTO) regime.'Ofgem is opening a tender for owning the electricity transmission link to the 1…
A new anti-jamming antenna is designed to mitigate intentional and unintentional interference and jamming in challenging offshore environments.The VERIPOS GAJT-710-MS helps combat the growing threats of interference and jamming in the offshore…
Nearly 40 percent of daily crude oil production was lost from offshore U.S. Gulf of Mexico wells on Tuesday due to platform evacuations and shut-ins ahead of Hurricane Michael.Since Monday, oil producers, including Anadarko Petroleum Corp, BHP Billiton…