Equinor's exploration well drilled near its Korpfjell gas find in the Norwegian Arctic has proved to be dry, Norway's Petroleum Directorate said on Monday, in an area near the Russian offshore border the company had hoped would be oil rich.This…
Canadian-based Atlantic Towing Limited said it has entered into a contract with Norwegian builder Havyard Ship Technology for the purchase of a Havyard 833 WE platform supply vessel (PSV), the Atlantic Harrier, for delivery in April 2020.Designed and built by Havyard Ship Technology…
Greece and Cyprus will push their EU partners to penalize Turkey, including the possible option of sanctions, if Ankara is verified to have started drilling for gas west of Cyprus, Greek Prime Minister Alexis Tsipras said on Sunday.The discovery…
Equinor announced on Monday that it has discovered oil and gas in separate formations of cut by the same well, and all indications are that a new oil-heavy play in a Norwegian Sea gas province may create a rush to oil if the area’s notoriously splintered geology can be mastered…
Brazilian state-run oil firm Petroleo Brasileiro SA has made natural gas discoveries in six deepwater fields in the Sergipe Basin, it said in a regulatory filing on Monday.Petrobras said it is now looking at drawing up a budget plan to finance…
Equinor and its partners Ineos E&P and Faroe Petroleum have made an oil and gas discovery in exploration well Snadd Outer Outer/Black Vulture in production licence 159B in the Norwegian Sea. The well had two different reservoir targets; an upper…
In both 2018 and the start of 2019, Harvey Gulf made no secret that they were exploring possible merger and acquisition opportunities. Their first major play was a merger proposal with fellow US owner GulfMark, who at the time was in discussions to merge with US OSV behemoth Tidewater…
Fortune 500 science and technology leader Leidos and international energy consultancy Xodus Group are joining forces on a new North America offshore wind alliance, bringing a wealth of expertise to the growing industry. The move will leverage…
French President Emmanuel Macron urged Turkey to stop 'illegal activities' in Cyprus's exclusive economic zone and said the European Union would not back down on the issue.European Union members have pressured Turkey to drop its plans for offshore…
The original accommodation platform (QP) topside at Valhall in the southern part of the North Sea has been removed by Allseas' giant multipurpose heavy-lift construction vessel Pioneering Spirit, the field's operator Aker BP announced on Friday…
Mexico's oil regulator on Thursday approved exploration plans for four deepwater areas operated by Royal Dutch Shell, after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.The…
Australia's fast-expanding liquefied natural gas industry has this year been supplying the lion's share of China's growing demand for imports of the commodity, with appetite surging as Beijing shifts away from dirtier fuels such as coal.Australia…
Norway has approved Equinor's project to boost oil recovery from the Gullfaks field in the North Sea by 17 million barrels, the energy ministry said on Friday.The project, which aims to produce oil from the Shetland/Lista dense lime reservoir located above the field's main reservoir…
Greenpeace activists climbed back on a drilling rig on Friday to keep it from heading to a BP oilfield in the British North Sea, hours after police removed protesters who had boarded the vessel days earlier.On Thursday night police removed and…
Maersk Drilling announced Friday that CNOOC has exercised a one-well option for the Maersk Innovator jack-up rig to continue infill drilling at the Buzzard field on the UK continental shelf.The option, from the Chinese oil firm's CNOOC Petroleum Europe subsidiary…