FAR, an Australian oil and gas company with a share in the $4.2 billion Sangomar oil and gas field in Senegal, will not stand in the way to its partner Cairn divesting its stake in the project.Namely, Cairn last month agreed to sell its 40% ownership in the Woodside-operated Rufisque…
CGG, a France-based provider of seismic data for oil and gas exploration and production, has kicked off a new multi-client 3D survey in the Northern North Sea. The survey will provide a second azimuth over CGG’s existing Northern Viking Graben…
UK-based company ACE Winches has this week completed a shore-pull project in Israel for a 2.7km 30” gas sales export pipeline for the Energean's Karish gas development in the south-east Mediterranean Sea.Working with TechnipFMC, the main EPC contractor for the offshore gas field development…
Bursa Malaysia-listed oil and gas company Hibiscus Petroleum is looking to expand its asset portfolio through acquisitions of assets with strong production potential.Hibiscus, which owns offshore oil fields in Malaysia, Australia, and the UK North Sea…
Shares of Aker Carbon Capture and Aker Offshore Wind surged on their first day of trading in Oslo on Wednesday, delivering a boost to the Aker conglomerate's strategy of spinning off environment technology. Aker Solutions, controlled by Norwegian billionaire Kjell Inge Roekke…
First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear…
Black Sea-focused oil and gas company Trillion Energy has said it will drill deeper wells at its SASB gas field, encouraged by the recently announced giant deepwater gas find by the Turkish national oil and gas company TPAO, some 100 kilometers to the north…
Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by U.S. producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing a drop in U.S. crude inventories.Renewed worries over the COVID-19 pandemic…
German energy company RWE has informed that it has completed the installation of all 90 turbine foundations and two 50-kilometer long export cables connecting offshore and onshore electrical systems at its Triton Knoll offshore wind farm site…
Oslo-listed offshore vessel owner GC Rieber Shipping said Tuesday it had delivered the Polar King inspection, maintenance, and repair vessel to its new owners.The delivery to new owners, who are yet to be named, comes following last week's announcement…
UK-based Unmanned Survey Solutions has delivered an Inception Class MKII semi-autonomous Unmanned Surface Vessel (USV) to consulting and engineering company Tetra Tech.According to USS, the Inception Class MKII USV is a sensor agnostic, semi…
Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin.The field is located in the Medco-operated Sampang offshore block, in the Madura Strait, off Madura Island, Indonesia…
Construction of KrisEnergy's minimum facilities wellhead platform for the Apsara oil development offshore Cambodia has been completed and the platform has sailed away to its offshore location.KrisEnergy said the topsides and the jacket of the…
The U.S. energy industry began preparing for a major hurricane strike by Tuesday, cutting crude production at a rate approaching the level of 2005's Hurricane Katrina and halting oil refining at plants along the Texas/Louisiana coast.The storm…
Cash strapped offshore accommodation provider Floatel expects a prolonged downturn in the offshore accommodation market, with no significant improvements expected before 2022.The company, which operates five semi-submersible accommodation rigs…
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