South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…
Malaysian FPSO contractor Bumi Armada has declared a 'force majeure' event related to the FPSO contract it has with India's ONGC, citing the effects of the coronavirus pandemic on the FPSO construction schedule.ONGC, in a joint venture with Shapoorji Pallonji…
The Norwegian oil and gas safety body PSA Norway has found 'multiple complex' factors that led to a worker injury on Equinor's Oseberg B platform, off Norway, in April this year, when a worker fell from a height of 3.6 in an accident that could have been fatal…
Höegh LNG has entered into a binding commitment to supply H-Energy with an FSRU in Jaigarh, India from as early as the first quarter of 2021.Jaigarh is south of Mumbai in Maharashtra state, India. The final agreement will be for 10 years with annual termination options after year five…
The Trump administration's final sale of oil and gas leases in the Gulf of Mexico generated nearly $121 million in high bids on Wednesday, an improvement from the last government auction held just as the coronavirus pandemic was beginning to depress world demand for fuel…
SSE and Equinor, as developers of the giant Dogger Bank offshore wind farm project in the UK, have ordered monopiles and transition pieces for the Dogger Bank A & B phases. The monopiles and transition pieces will be built by the Sif-Smulders joint venture…
Oil and gas firms in Norway have boosted investment plans in recent months as more exploration and development projects are prepared, and as some costs have increased, an industry survey by the statistics office (SSB) showed on Thursday.The investment forecast for 2021 has been raised by 12%…
The coronavirus pandemic has wiped 28,000 thousand oil and gas jobs in Australia this year, a quarter of the country's total oil and gas jobs count, Rystad Energy, a Norwegian energy market analytics company has found. 'Some of these jobs will be restored from 2021 onwards…
Oil companies have asked security services to tighten surveillance as violent anti-police brutality protests and the expected sacking of hundreds of workers worsen desperation in the region, industry sources told Reuters.Already unemployment…
The Trump administration on Wednesday will offer all available areas in the Gulf of Mexico for auction to oil and gas companies in its final offshore sale before the January inauguration of President-elect Joe Biden, a Democrat who has pledged to ban new drilling on federal lands and waters…
Offshore wind developer Ørsted has signed an agreement with North America’s Building Trades Unions (NABTU), the labor organization representing more than 3 million skilled craft professionals in the United States and Canada.'The partnership will create a national agreement designed to transition U…
Asia Pacific-focused oil and gas firm Jadestone Energy on Wednesday announced the voluntary relinquishment and termination of Service Contract 56 ('SC56'), offshore the Philippines. Oil and gas giant Total, the operator of the block, also relinquished its interest…
The UK Prime Minister Boris Johnson on Wednesday set out a ten-point plan for 'a green industrial revolution' which promises to create and support up to 250,000 British jobs.'Covering clean energy, transport, nature and innovative technologies…
Spanish-German wind turbine maker Siemens Gamesa Renewable Energy has informed that Marc Becker is to return to the company as CEO of its Offshore business.He served as Managing Director for Germany and Head of Offshore Sales and Projects at Siemens Gamesa before leaving the company in early 2020…
Africa-focused oil and gas company Vaalco Energy has agreed to buy Sasol's 27.8% interest in the Etame Marin block, and a 40% stake in Block DE-8, offshore Gabon. Vaalco said that the acquisition would almost double its total production and reserves…
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