New Zealand will co-invest in new gas fields in the country, the government announced in its budget on Thursday, as it looks to attract investments into the sector after lifting a ban on offshore oil and gas exploration.The government has set aside a contingency of NZ$200 million ($118…
Petronas Energy Serpang, in association with Inpex and EO Serpang (EOS), have jointly been awarded rights to explore the Serpang Working Area located offshore Eastern Java in Indonesia.The award comes as part of the second Indonesia Petroleum…
One person has been reported missing following the fire incident that occurred on May 20 at Chevron’s Benguela Belize Lobito Tomboco (BBLT) deepwater platform off Angola, that left 17 people injured.The report about the missing person was shared by Angola’s National Agency for Oil…
Tidal Transit has christened its new crew transfer vessels (CTV) Anthea Luna, which is on charter with the Belgian offshore wind farm operator C-Power.The new WindFlex 27 Quad IPS model, delivered by Singapore-based Penguin International in March…
ESVAGT, OSK Design, and Hvide Sande Shipyard have joined forces to raise the bar in offshore wind logistics with the development of a next-generation transfer boat, which has been designed to carry more technicians and cargo.ESVAGT and its partners…
A consortium based in South West England, led by Morek Engineering, has unveiled its design concept for a new vessel class for the floating offshore wind (FLOW) market, having completed the first feasibility stage.Consortium partners include naval architects Solis Marine Engineering…
Glamox has delivered smart lighting to the offshore converter platform DolWin epsilon, built by consortium consisting of Seatrium and Aibel, for Tennet’s DolWin5 grid connection system in North Sea.European grid operator TenneT is in the process…
Subsea 7 has secured of a subsea contract in West Africa, worth up to $150 million.Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production…
Seventeen people have been injured, four seriously, after a fire broke out at Chevron’s Benguela Belize Lobito Tomboco (BBLT), located in Block 14, offshore Angola.According to an update from Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG)…
Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes for a drilling license for the Foz do Amazonas Basin…
Mubadala Energy would be more than happy to supply all the natural gas to be produced from its south Andaman block for Indonesia's domestic consumption at the right price, a senior executive said on Wednesday.Indonesia wants gas producers to increase supplies to domestic users as demand is rising…
Wage talks involving some 7,000 oil drilling workers in Norway broke down early on Wednesday, two labour unions said, raising the risk of strike action later this year that could disrupt exploration.The talks between the Norwegian Shipowners'…
BW Offshore and BW Energy have announced that operations and maintenance (O&M) of the floating, production, storage and offloading (FPSO) vessel BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon.Under an amended bareboat charter…
Global energy technology company SLB has launched Retina at-bit imaging, which enables identification of formation characteristics to optimize drilling efficiency, formation evaluation and safety.This first-of-its-kind solution provides precise…
U.K. oil and gas company Ithaca Energy has signed a sale and purchase agreement with Spirit Energy, increasing its stake for 46.25% in the Cygnus gas field for $154 million.The transaction, which is subject to NSTA consent, will increase Ithaca Energy's operated interest in Cygnus field to 85%…
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