The world's largest crane vessel, Sleipnir, has completed sea trials and crane load tests, the vessel’s owner Heerema Marine Contractors announced on Friday.The new $1.5 billion semi-submersible crane vessel was built by Singapore's Sembcorp…
Norwegian labor unions and oil rig owners agreed a wage deal on Friday, averting the outbreak of a strike that would have halted some of the Nordic country's crude production and paralyzed exploration activity for new resources, unions and companies said…
Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country's oil ministry said.Shell and Exxon Mobil had a joint venture on five offshore blocks in Somalia prior…
Changing environmental regulations around the world will have an impact on how the offshore industry handles produced water.Typically, offshore operators treat their produced water so it can be discharged back into the ocean, although there…
Norway's Oceanteam Shipping said that its construction support vessel (CSV) Southern Ocean will support Fugro for a deepwater remotely operated vehicles (ROV) subsea installation project off the coast of Sabah, Malaysia.The offshore services…
French floating foundations developer Ideol and Japanese renewable specialist Shizen Energy have signed an agreement to jointly develop a commercial-scale floating offshore wind project (OWF) off the coasts of Kyushu in Japan.The agreement was signed in Tokyo today by Paul de la Guérivière…
W&T Offshore announced on Thursday that it has entered into a purchase and sale agreement with ExxonMobil to acquire their interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico, offshore Alabama…
Neodrill's CAN-ductor technology is capable of reducing a well's environmental impact by as much as 44% compared to a conventionally drilled well, a recent report found.The CAN (Conductor Anchor Node) is a combination of suction anchor and guide pipe…
Talos Energy and its partners have increased the resource estimate of the Zama field in the offshore portion of Mexico's Sureste Basin, following evaluation of the data acquired from the Talos-operated Block 7 Zama appraisal campaign.'Based on the preliminary results of our appraisal program…
Well-Safe Solutions will be moving into a new larger headquarters in Aberdeen, following a landmark contract win and acquisition of its first asset.The decommissioning company, set up in 2017, said it has invested several million in its new building…
Swedish floating wind farm designer Hexicon said it is teaming up with energy giant Shell to develop, construct and operate a floating wind farm approximately 40 kilometers offshore Ulsan.The project will be carried out under a joint development agreement signed by Shell and CoensHexicon…
China National Offshore Oil Corporation, or CNOOC, has issued a tender inviting foreign firms to jointly explore and produce oil and gas in the South China Sea and the Bohai Bay area, according to a statement posted on the company's website on Wednesday…
UK-based oil & gas company Tullow Oil Plc’s subsidiary Tullow Oil Ghana, has announced the pushing back completion of drilling of the Enyenra-14 production well in Deepwater Tweneboa, Enyenra and Ntomme (TEN) field development following revision of 2019 projection figures for this offshore project…
Greece on Thursday awarded licences to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country's first major foray into an oil and gas search in the region.The companies, in consortium with Hellenic Petroleum…
Dutch-based global group SBM Offshore said that its FPSO, Liza Destiny, destined for ExxonMobil’s Liza field in Guyana, was named at Keppel Shipyard in Singapore.“This is a very special vessel, which will be the first to operate offshore Guyana…