Australian oil and gas company Santos is set to start drilling the Pavo-1 well, offshore W. Australia, as the Noble Tom Prosser jack-up drilling rig has reached the well site and completed pre-drill preparations.The Pavo-1, operated by Santos…
Brazilian oil company Enauta has hired the Alpha Star semi-submersible drilling rig to drill the fourth production well at its Atlanta field in the Santos Basin, offshore Brazil.Enauta expects to start drilling in the fourth quarter of 2022…
Norway's Equinor joined European peers in hiking shareholder payouts after posting record pretax profits for the fourth quarter due to a boom in oil and gas prices.Adjusted earnings before tax rose to $15.0 billion in the October-December quarter from $756 million in the same period a year ago…
South Korean wave energy developer INGINE revealed ambitious growth plans for 2022,its10th anniversary.Today the company is approaching a landmark fifth year of wave energy operation in North East Asia, via the Jeju Bukchon Wave Power Plant built in 2015…
Ingersoll Rand has introduced the Ingersoll Rand Arctic Range Blowout Preventor (BOP) Handling System for safely transporting and handling B.O.P. stacks in ultra-low temperatures. This specially designed system can operate at temperatures as…
Oil company EnQuest has sent a notice of arbitration to the Malaysian offshore oilfields services firm Barakah Offshore Petroleum regarding a dispute in which an adjudication decision was made in January ordering EnQuest to pay around $17,1 million…
Offshore vessel operator Viking Supply Ships said Tuesday it had secured a seasonal contract with 'a major construction company' for its four anchor handling tug supply (AHTS) vessels of 1A and 1A Super ice classes. 'The vessels will assist…
Cloud enterprise software company IFS said Tuesday that the shallow water offshore drilling contractor Borr Drilling was upgrading its existing IT platforms to the latest IFS versions including IFS Cloud, IFS Cloud Services and IFS Success Services…
U.S. President Joe Biden said on Monday that the Nord Stream 2 gas pipeline would be halted if Russia invades Ukraine and stressed unity with German Chancellor Olaf Scholz as the West rallies to avert a war in Europe.At a White House press conference with the new German leader…
Britain's National Grid ESO (NG.L) has for the first time awarded a contract to an offshore wind farm to help keep voltage levels in the power network stable, it said on Monday. The transmission assets of the Dogger Bank C offshore wind farm…
BMT has won a design contract for three new Crew Transfer Vessels (CTVs) to be operated at east coast wind farms in the US. The three vessels will be built by Senesco in the USA under ABS classification meeting USCG subchapter L regulations…
Oil and gas company Eco Atlantic has signed a firm agreement to acquire the South Africa and Namibia-focused oil firm Azinam, in return for a 16.5% equity stake in the enlarged company. The Sale and Purchase Agreement follows a memorandum of…
Shearwater GeoServices has signed 'a significant' licensing contract for its Shearwater Reveal geophysical software with Petrobras. The agreement includes the provision of associated training and support services.Under the agreement, Petrobras’…
Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating and bottom-fixed wind turbine capacity and will identify additional offshore areas for development amid strong interest from energy firms.Utsira Nord…
Engineering and technology group, Technip Energies has acquired a 16.3% stake in X1 Wind, a startup that has designed 'an innovative and disruptive' offshore wind turbine floater.Technip Energies is the lead investor in this funding round, which…