Argentina's government has launched a process to sanction a number of foreign firms it accuses of illegally drilling for oil in a disputed area near the British-run Falkland Islands, over which the South American country also claims sovereignty…
Two offshore wind manufacturers will invest more than 180 million pounds ($249 million) in an offshore wind hub on the northeast coast of England, and get funding from a state-backed scheme, the British government said on Wednesday.In March…
Oilfield services company McDermott has won a contract to deliver subsea systems for Santos' Bayu Undan field in the Timor Sea.The contract is for a Subsea, Engineering, Procurement, Construction and Installation (EPCI) of equipment at the Bayu-Undan Infill Well Phase 3C Project…
Malaysia's state oil firm Petronas has signed a 10-year liquefied natural gas (LNG) supply agreement with a subsidiary of China's offshore oil and gas major CNOOC Ltd valued at about $7 billion, the firm said on Wednesday.Petronas, or Petroliam Nasional Berhad…
Oslo-listed floating wind tech developer BW Ideol has signed a deal with Japan's largest oil refiner Eneos to develop a site-specificcommercial-scale floating offshore wind farm off Japan.The floating wind farm would be based on BW Ideol's patented Damping Pool technology…
Norwegian oil company Equinor has drilled a dry well near the Troll field in the North Sea offshore Norway.The company drilled the wildcat well 31/11-1 S in the production licence 785 S around 55 kilometers south of the Troll field in the North Sea and 100 kilometers southwest of Bergen…
Australian oil and gas company Woodside Energy has completed the acquisition of the entire participating interest of oil company FAR in the offshore area in Senegal containing the Woodside-operated Sangomar development. The purchase price for Far's stake in the Rufisque Offshore…
Oilfield services firm TechnipFMC said Tuesday it had won a 'significant' Engineering, Procurement, Construction, and Installation contract for Tullow's Jubilee South East development, offshore Ghana. For TechnipFMC, a “significant” contract is between $75 million and $250 million…
Oil major BP has hired a Valaris drillship for drilling operations offshore Mauritania and Senegal, where it operates the Greater Tortue Ahmeyim project.Valaris said Tuesday that BP would use its double hull DP drillship VALARIS DS-12 to drill four offshore wells…
Allseas' giant Pioneering Spirit offshore installation and decommissioning vessel has earlier this month removed 2500-t Valhall Quarters Platform (QP) lower jacket out of the water in the North Sea, off Norway.'The jacket on Valhall QP has now been removed and is on its way to Stord for recycling…
Brazilian oil firm Petrobras has struck a deal with compatriot company Petro+ to sell it its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located in the state of Alagoas, Brazil for $300 million…
Norwegian offshore seismic data firms TGS and PGS have partnered up and started the second phase of a multi-client survey offshore East Canada.The project, called Lewis Hills 3D multi-client phase 2, includes the acquisition of 947 square kilometers of additional 3D data…
Singapore's Strategic Marine has delivered a 42-meter Fast Crew Boat (FCB) for Centus Marine Sdn Bhd. The handover ceremony for the first of a pair of FCB's took place on June 24, 2021 at Strategic Marine’s Singapore shipyard.The vessel, named Centus Nine…
Norwegian offshore vessel owner Solstad Offshore said Tuesday it had won a contract in West Africa with an unnamed key client.The contract is of the construction support vessel Normand Energy, which will support subsea operations in West Africa…
UK-based oil and gas firm EnQuest has completed the acquisition of the Bentley oil field from Whalsay Energy.Back in April, EnQuest said it has signed a share purchase agreement (SPA) to purchase Whalsay Energy's 100% equity interest in the P1078 license containing Bentley…