ExxonMobil's Australian subsidiary Esso Australia, the operator of the Gippsland Basin Joint Venture, has recently started a technical tender procedure process for the decommissioning of several offshore platforms in Australia's Bass Strait…
Italian oil and gas services company Saipem said Tuesday it had won several contracts, both onshore and offshore, in the Middle East worth approximately $1,2 billion.The first batch of is related to the extension of onshore drilling contracts in the Middle East…
The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.Andrade, a former economy ministry official…
Danish offshore vessel owner Esvagt has won a three-year contract for the Esvagt Don emergency response and rescue vessel.The vessel, which was previously trading the spot marked in UK, Norwegian and Danish sectors, will support Eni's activities in in Liverpool Bay outside the west coast of England…
Uruguay's ANCAP has awarded three of the six available offshore blocks on its continental shelf to Shell and Apache, following bids received in the most recent ANCAP 2022 Open Bidding Round.Shell won the rights to the shallow-water block OFF-2 and deepwater Block OFF-7…
Danish offshore wind turbine maker Vestas will deliver wind turbines for the 30 MW Eolmed floating offshore wind farm, to be located 18 km off the coast of Gruissan and Port-la Nouvelle, France, in the Mediterranean Sea.The project, owned by Qair…
Libya's National Oil Corporation (NOC) said on Monday it was considering declaring force majeure in the Gulf of Sirte area within 72 hours unless production and shipping resume at the oil terminals there.Mustafa Sanallah, chairman of the state oil firm…
France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian squeeze of energy supplies that has spiked prices, a French presidency official said on Monday.It also wants a planned mechanism to cap the price…
Ukrainian forces have attacked a drilling platform in the Black Sea owned by a Crimean oil and gas company, Tass news agency cited local officials as saying on Sunday, the second strike in a week.The platform is operated by Chernomorneftegaz…
Flows of Russian gas to Europe via the Nord Stream 1 pipeline and deliveries through Ukraine remained steady on Monday morning, operator data showed.Physical flows to Germany through the Nord Stream 1 pipeline across the Baltic Sea stood at 29…
Well management firm Exceed has, in partnership with Mermaid Subsea Services UK, secured a vessel-based well plugging and abandonment campaign to be carried out on behalf of four operators on the UK continental shelf.Exceed said this was the company’s largest vessel-based well P&A campaign to date…
Oil and gas company BW Energy has agreed to buy Saipem's Cidade de Vitoria FPSO for $73 million in cash. The vessel is currently owned by Saipem and operated for Petrobras in the Golfinho field offshore Brazil.The sale and purchase of the FPSO…
Shanghai Electric Wind Power Group Co., Ltd. said Friday its first EW8.X-230 offshore wind turbine generator had recently rolled off the production line at the Putian manufacturing facility.The wind turbine generator is designed for the medium…
Dutch and British wholesale gas prices mostly fell on Friday morning, correcting gains made the previous day after Germany triggered the second phase of its emergency gas plan.The benchmark Dutch wholesale gas contract for July delivery was down 4…
ION Geophysical has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its Mauritania 3D reprocessing program. The multi-client program was undertaken through an exclusive agreement with the Ministry of Petroleum…