Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.Sources…
Project partners have taken final investment decision (FID) for the second phase of the Mero project in the deepwater Libra block of the pre-salt Santos Basin offshore Brazil, operator Petróleo Brasileiro announced on Tuesday.The Brazilian state-controlled oil company…
Asia Pacific focused Jadestone Energy announced Monday it has begun a riserless light well intervention (RLWI) campaign at the Montara complex, offshore Australia.The Sapura Constructor light well intervention vessel was mobilized to the field on May 30…
Senegal's justice ministry asked prosecutors on Monday to launch an inquiry into the country's energy contracts after a report alleged that the president's brother was involved in fraud related to two offshore gas blocks being developed by BP…
UK-based offshore energy support vessel (OESV) operator Seacat Services said on Monday it has secured long-term extensions to its vessel support contracts with Siemens Gamesa Renewable Energy (SGRE) at Galloper Wind Farm, off the coast of Suffolk…
Oceaneering International said it has secured a contract to perform the first-ever deepwater autonomous underwater vehicle (AUV) survey in Mexican waters.The geophysical survey will be performed for BHP at its Trion development. Oceaneering will use the DP-2 Ocean Investigator…
Activists have halted the progress of an oil rig destined for BP's North Sea exploration program off the coast of Scotland, environmental group Greenpeace said on Sunday.The rig, Paul B Loyd Jr, owned by Transocean, was on its way to the Vorlich field to drill for operator BP…
Lukoil said it has signed a preliminary agreement with Kazakhstan's state energy company to develop the I-P-2 license block in the Kazakh Sector of the Caspian Sea.Lukoil president Vagit Alekperov signed the Heads of Agreement deal with JSC NC KazMunayGaz chairman Alik Aidarbayev at the 23rd St…
Fitch on Thursday became the first major ratings agency to downgrade the debt of Mexican oil company Pemex to 'junk' status, in a major setback for President Andres Manuel Lopez Obrador's plans to revive the struggling state-run firm.Fitch changed…
BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources said.The talks between Shell, the field's operator, and BP failed due to disagreement over the value of the 27…
Oil workers have been evacuated from the Statfjord A platform in the North Sea after it was struck by a platform supply vessel (PSV), Norwegian oil and gas company Equinor said on Friday.The platform was not producing when it was struck by the…
BMT said on Thursday it has been awarded a contract to design two crew transfer vessels (CTVs) to be deployed for Windserve Marine to service Ørsted’s Coastal Virginia Offshore Wind Project in the US.BMT has designed the new 20-meter CTV specifically for East Coast conditions with maneuverability…
The Dorado-2 appraisal well has confirmed a major oil and gas resource in the Bedout Basin, offshore Western Australia, operator Santos announced on Thursday.The well was drilled down-dip approximately 2 kilometers from the Dorado-1 discovery…
Israel on Thursday extended its tender by a month to grant new licenses for offshore oil and natural gas exploration.The deadline for bids was due by June 17 but the Energy Ministry extended it until July 15, with the winners to be announced on August 12…
Sweden's Vattenfall may raise its target for installing offshore wind power generation in Europe beyond the 11,000 megawatts (MW) it now plans to have in place by 2025, an executive said.Gunnar Groebler, the Swedish power firm's board member in charge of wind…