Australia's Woodside Petroleum said on Tuesday it is considering blocking Russia's Lukoil from becoming a partner in the $4.2 billion Sangomar oil project, which it could do by increasing its stake in Senegal's first oil development.Woodside…
Nigeria's Lagos Deep Offshore Logistic Base, LADOL, serving the country's offshore oil and gas industry, now has a new crane in operation - Mammoet Terminal Crane (MTC 15).LADOL and Mammoet had in January signed a partnership agreement aimed…
Power production from German North Sea wind farms from January to June totaled 11.51 terawatt-hours (TWh), 21.1% more than in the same 2019 period, grid company TenneT GmbH said on Monday.TenneT, the largest operator of electricity grids in Germany and the Netherlands <IPO-TTH…
ADIPEC, one of the world's largest oil and gas events held in Abu Dhabi, will this year take place online due to the COVID-19 pandemic.More precisely, the exhibition part of the event held annually for over 30 years will be moved for 2021, but the conferences will be held online…
A video has emerged online showing a wind turbine blade knocking an offshore installation vessel's gangway into the sea.The incident happened on July 2, at the under-construction Otary-operated SeaMade wind farm offshore Belgium, with no injuries to personnel reported…
China-based offshore oil and gas-focused company CNOOC will acquire rights in Abu Dhabi's major offshore blocks Lower Zakum, Umm Shaif and Nasr.Abu Dhabi's national oil company ADNOC said Monday it would transfer part of rights in the offshore…
Israel's Delek Drilling plans to raise $2.25 billion in an international bond offering to help it finance the development of the Leviathan natural gas project off Israel's Mediterranean coast.The issue, expected to be completed in coming weeks…
Norwegian oil and gas producer Var Energi, backed by Eni and private equity firm HitecVision, is seeking around $1 billion for its Jotun production ship, a source with direct knowledge of the matter told Reuters.Var would then lease the floating production…
Sparrows Group has secured a three-year contract renewal to supply a rental crane to Vedanta Resources Limited, extending its relationship with the company to nine years.A Sparrows manufactured ECR-20 crane will be mobilized to the Lakshmi and Gauri oil and gas fields of Cairn Oil & Gas…
WindFloat Atlantic, dubbed the world's first floating semi-submersible floating wind farm, is now fully operational and has started delivering electricity to the Portuguese grid in full capacity.The 25MW wind farm, consisting of three wind turbines…
Russian oil company Lukoil has signed an agreement with Cairn Energy to acquire a 40% interest in the Rufisque, Sangomar and Sangomar Deep) - RSSD - project offshore Senegal for $300 million in cash. The agreement also provides for potential…
Brazilian oil company Petróleo Brasileiro SA announced adjustments to a $665 million contract governing the sale of its entire stake in the Baúna oil field to Australia's Karoon Energy, according to a securities filing late on Friday.The Bauna field is in the Santos basin in the Atlantic Ocean…
A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…
Malaysian offshore vessel operator TAS Offshore has canceled shipbuilding contracts for 16 offshore support vessels.The company had signed the contracts in the 2013-2015 period with two Chinese shipbuilders Guangzhou Hangtong Shipbuilding and Shipping Co…
ndustrial cable provider Prysmian Group has announced new organizational structure and management appointments for the Projects Business Unit - responsible for High Voltage submarine and underground cable systems for power transmission.Prysmian…
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