Following reports Thursday that the U.S. oil firm Talos and Mexico's Pemex have not managed to reach a deal on how to share the giant Zama field found by Talos in 2017, the confirmation came Friday from Talos.Talos Energy said that the unitization…
Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…
Norway's minister of petroleum and energy, Tina Bru, has been diagnosed with COVID-19, along with her son and husband, she wrote on her Facebook page on Friday.'We are all feeling relatively well, and we obviously hope it will continue that way…
No deal has yet been reached on the future of a lucrative shared oil deposit as a deadline expired on Thursday, but Mexican state-run Pemex and Talos Energy will keep talking, three sources with direct knowledge of the matter told Reuters.How…
Jacktel, a subsidiary of Macro Offshore, has won a contract with Total for the supply of its accommodation jack-up Haven at the Tyra redevelopment project offshore Denmark.The contract has a duration of 20 months and starts in the third quarter of 2021…
Offshore drilling rig contractor Northern Ocean expects its West Mira drilling rig to return to work by mid-April after it last week experienced an incident in which some production equipment was dropped to the seabed, off Norway.'During the…
Swedish oil company Lundin Energy has made a minor oil discovery in the North Sea, offshore Norway.The Norwegian Petroleum Director said Friday that Lundin's Norwegian subsidiary Lundin Energy Norge had completed the drilling of the wildcat well 16/4-13 S…
Offshore installation contractor Jan De Nul has informed that the keel-laying ceremony was held in China for its offshore installation vessel Voltaire. The vessel will, once delivered, be able to install the world's largest offshore wind turbines…
Norwegian oil and gas company Sval Energi said Thursday it had completed the $300 million acquisition of Edison Norge.The deal, first announced in December 2020, sees HitecVision-backed Sval acquiring ten production licenses on the Norwegian continental shelf…
European utilities are offering a slew of offshore wind farms, eager to cash in on high valuations as investors hungry for stable returns increasingly flock to the sector, people close to the matter said.Demand for such assets has surged as…
Norwegian offshore engineering and construction company Aker Solutions has said it has secured 'a large contract' from ConocoPhillips to deliver a subsea production system for the Eldfisk North development offshore Norway. The field will be developed as a subsea satellite…
U.S. offshore vessel operator Harvey Gulf Subsea Solutions has won contracts for two of its Gulf of Mexico vessels.The first scope is for Marubeni Oil & Gas Inc. and will utilize the Harvey Intervention vessel for a project that includes hydrate remediation…
Offshore drilling companies Noble Corporation and Pacific Drilling said Thursday they'd entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction. 'The definitive merger agreement…
The UK offshore wind industry could create more than 69,800 jobs by 2026, a significant increase compared to today's 26,000, according to research published by the Offshore Wind Industry Council (OWIC).According to OWIC, most of the jobs will…
An Italian judge accepted on Thursday a request filed by energy group Eni with prosecutors to pay 11.8 million euros ($14 million) to settle an investigation into oil permits in Congo Republic.'Eni reiterates that is pleased that the Milan Court…
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