Brazilian oil company Petrobras has kicked off the binding phase for the sale of its entire stake in the Tartaruga field, in the shallow waters of the Sergipe-Alagoas Basin, offshore Brazil.Petrobras had late in June 2020 announced the intention…
Lebanon has again postponed the deadline for the submissions of applications for its second offshore licensing round, citing the effects of the COVID-19 pandemic and the decline in oil prices.Lebanon had in January postponed the deadline from…
Petrobras has delayed the submission of binding offers for an oilfield cluster known as Polo Garoupa for the fourth time, two sources with knowledge of the matter told Reuters, as investor appetite in Brazil's offshore oil sector rapidly dries up…
Brazilian oil company Petrobras has started the binding phase for the sale of its share in the Papa-Terra field located in the deepwater area in the Campos Basin, offshore Brazil.The binding phase starts following a teaser for the sale Petrobras had announced back in February…
Lebanon has postponed the deadline for submissions of applications for its second offshore licensing round once again.Lebanon had in January postponed the deadline from January 31 to April 30 to allow international firms more time to pursue administrative…
U.S. cleantech incubator Greentown Labs, and offshore wind developer Vineyard Wind have started accepting applications for their Offshore Wind Challenge. Greentown Labs and Vineyard Wind are seeking submissions from startups that are innovating in marine mammal monitoring…
Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…
Norwegian energy company Equinor has received the second of four approvals needed for offshore exploration in the Great Australian Bight.This week, Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)…
Takeover offers for the assets and activities of French offshore services company Bourbon will be reviewed by the Marseilles Commercial Court next month, Bourbon said in a a company update.Four candidates have submitted an offer concerning assets…
International energy consultancy Xodus Group is working with Scottish Enterprise and Scottish Development International (SDI) to showcase the expertise of Scottish supply chain companies in the global offshore wind sector.The aim of the collaboration…
McDermott International said it has been awarded a contract by Qatar Petroleum to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion project…
Japan's largest oil and gas exploration and production company Inpex Corporation has submitted a revised plan of development (POD) for the Abadi LNG Project, a gas field on the remote Masela Block in the Arafura Sea off Indonesia. The revised…
McDermott International has been awarded a contract by ADNOC to provide front end engineering design (FEED) services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project. The work scope also includes the preparation and submission of an engineering…
U.K.-based Ophir Energy announced Friday its Paus Biru-1 exploration well in Sampang PSC offshore Indonesia has resulted in a gas discovery.The well was drilled to a total measured depth (MD) of 710 meters and encountered 29 meters of estimated…
The oil and natural gas company Pan Orient Energy Corp announce that the L53-DD1 exploration well encountered an interpreted, combined 26 meters of net oil pay within three separate sandstone reservoirs between a true vertical depth of 960 to 1…
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