UK-based oil company EnQuest has agreed to buy Canadian oil firm Suncor's entire 26.69% non-operated equity interest in the Golden Eagle area in the UK North Sea.The area, operated by China's CNOOC, comprises the producing Golden Eagle, Peregrine…
Norway's Kongsberg Maritime has announced the next generation of its HUGIN Autonomous Underwater Vehicle (AUV) that can carry out long missions without a mothership.Named HUGIN Endurance, Kongsberg Maritime says its new AUV boosts operational duration to approximately 15 days…
Danish offshore drilling company Maersk Drilling has received a conditional letter of award from oil company Tullow for the provision of the Maersk Venturer drillship and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana…
The Biden administration said on Wednesday it would restart permitting for the first major U.S. offshore wind farm, reversing a Trump administration decision that canceled the process late last year.The U.S. Bureau of Ocean Energy Management…
Offshore drilling contractor Vantage Drilling said Wednesday it had received a letter of award with the Indian oil company ONGC for the charter of its ultra-deepwater drillship Platinum Explorer.The rig contract is for two years and will begin once the current three-year contract with ONGC expires…
France will not put pressure on Germany about its plans for the Nord Stream 2 pipeline to pump more Russian gas to Europe, Foreign Minister Jean-Yves Le Drian said on Wednesday.A junior French minister said this week that Europe should consider…
Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…
French steel pipemaker Vallourec said on Wednesday it has reached an agreement in principle on financial restructuring with its main creditors.It has filed a request with the commercial court of Nanterre, in greater Paris, for the opening of safeguard proceedings…
Energy group Ørsted expects previously delayed U.S. wind farm projects to receive swifter approval under President Joe Biden's administration, the new chief executive of the Danish energy group said on Wednesday.Mads Nipper, who took the helm of the company in January…
Norwegian seismic surveyor PGS has informed it has completed the survey of additional open acreage to complete PGS coverage of the emerging plays of the outboard Campos Basin, offshore Brazil.Per PGS, the survey, carried out by the Ramform Titan seismic vessel…
Japanese oil firm Inpex has increased its share in Lucius and Hadrian North fields in the U.S. Gulf of Mexico.The company on Tuesday said it had acquired 2.3546% interest of the participating interest (23.29512%) in the Lucius and Hadrian North fields previously held by ExxonMobil…
UK-based project logistics management firm Trans Global Projects Group (TGP), has been awarded a contract for the transport of around 320,000 freight tons of offshore wind turbine components. The components will be used for two wind farm projects in Vietnam…
Offshore drilling contractor COSL Drilling has partnered up with maritime tech provider Kongsberg Maritime, and drilling equipment firm NOV, to cut greenhouse emissions and lower the cost of its offshore drilling operations.COSL’s project, called ‘Energy Control’…
Offshore drilling contractor Stena Drilling has signed a strategic framework agreement with dCarbonX, for what has been described as 'decarbonization exploration,' in the UK to support the development of offshore geoenergy resources.Stena Drilling…
A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland.According to BBC, which was the first to report on the incident on Wednesday, 'a major rescue operation has been ongoing overnight…