Performance of Senegal’s offshore oil and gas market appears to be gaining momentum as the West African country moves to shed the tag of being an uncertain prospectivity to join the region’s league of oil and gas producers as more international…
U.S. crude inventory declined again last week. The latest weekly survey by the U.S. Energy Information Administration (EIA) indicates an inventory fall of 0.5 million barrels in the week ended December 14. While only a small drop, it is the third decline in a row…
The independent power producer EDF Renewables North America and Shell New Energies US, offshore wind company in the U.S, have formed a 50/50 joint venture, Atlantic Shores Offshore Wind to develop a lease area within the New Jersey Wind Energy Area (WEA)…
More than $10 million in grant funding has been awarded for a group of new projects that aim to fill research gaps in order to help improve understanding and prediction of the Gulf of Mexico Loop Current System (LCS).As the Gulf of Mexico's dominant ocean circulation feature…
Italian oil and gas company Eni has discovered more gas near the Merakes field offshore Indonesia.Eni said on Wednesday it successfully drilled a well in the East Sepinggan block offshore Kalimantan to a depth of 3,400 m MD in 1,592 m of water…
The Brazilian oil and gas market has begun to heat up again with the resumption of the pre-salt block tenders, leading a range of service companies to gear up to offer a variety of new technologies aiming to help operators overcome the technological…
Ocean Power Technologies' PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project that aims to develop, deploy and demonstrate wave energy renewable technologies in oil and gas operations, the U.S.-based ocean energy solutions provider announced Wednesday…
Norway's November oil and gas output was lower than originally expected due to a collision between a navy frigate and an oil tanker that triggered shutdowns of major export facilities and several offshore fields, the country's oil regulator said…
Austrian oil and gas group OMV signed a concession agreement with Abu Dhabi National Oil Company (ADNOC) for a 5 percent stake in the Ghasha offshore gas and condensate fields, strengthening its position in the region, it said on Wednesday.The…
Norwegian oil and gas firm Equinor has awarded an engineering, procurement and construction (EPC) contract to OneSubsea, a Schlumberger company.The contract is for the supply of the industry’s first all-electric actuated subsea boosting system for the Vigdis Field in the Norwegian North Sea…
According to RenewableUK, more than 2GW of new offshore wind capacity has been installed off the Great British coast in the last twelve months - a record breaking volume for the UK.Eight new offshore windfarms were officially opened during the year…
Danish shipping company Esvagt is to provide MHI Vestas with a new service operation vessel for work on Moray East offshore wind farm off the coast of Scotland.'Another Esvagt Service Operation Vessel (SOV) for offshore wind farms is on its way to MHI Vestas…
Norwegian subsea contractor Ocean Installer and Norwegian multinational energy company Equinor ASA have signed a contract that covers the floating production storage and offloading unit (FPSO) mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea…
Services provider Petrofac said its Engineering and Production Services (EPS) business has secured a construction and commissioning contract with Ithaca Energy to prepare the FPF-1 floating production facility for the BP-operated Vorlich field in the Central North Sea…
Italian energy contractor Saipem plans to sign a deal this week with Novatek to build offshore platforms for the Russian firm's liquefied natural gas project, Arctic LNG 2, two sources close to talks told Reuters.Novatek aims to produce as much LNG as Qatar…