Oil major Shell is exploring options to sell its non-operated interests in the Amended 2011 Baram Delta EOR Production Sharing Contract (PSC) and the SK 307 PSC, offshore Malaysia.The assets located offshore Sarawak, Malaysia, are operated by…
A new company called Nicola Offshore specializing in marine survey campaigns and on-demand missions has started operations from its headquarters in Hamburg, Germany on Monday.According to the company's press statement, Nicola Offshore was established…
Australian oil and gas firm Woodside and its Pluto LNG joint venture partners have delivered their first cargo of carbon offset condensate to commodity trading company Trafigura.The cargo was loaded at Pluto LNG plant in Western Australia, which…
Philippe Kavafyan, former CEO of offshore wind turbine maker MHI Vestas Offshore Wind has been appointed as new board member at the Danish offshore vessel operator Maersk Supply Service.'As former CEO of MHI Vestas Offshore Wind, Kavafyan comes…
Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed China's economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world's largest oil importer.Brent crude futures for May were steady at $69…
The government of Guyana has granted an extension to the term of the Tullow Oil-operated Orinduik offshore block that will see the block partners maintain control of the block until 2023. According to Eco Atlantic, Tullow Oil's partner in the offshore block…
Malaysian oil company Petronas and China-based oil firm CNOOC, have signed a memorandum of understanding to 'pursue mutual growth through closer collaboration.''The MoU elevates the long-standing relationship between the two parties from primarily…
The U.S. offshore safety regulator BSEE has found several probable and possible causes - including communication breakdown, poorly maintained walking surfaces, and inadequate barricade installation - behind a fatal 2019 incident in which a Wood…
Oil company Tulip Oil has agreed to sell its Dutch subsidiary Tulip Oil Netherlands to Kistos for 220 million euros, plus 163 million euros of contingent payments, and 5 million euros of warrants.Tulip Oil Netherlands owns an operating interest in the Q-10A offshore gas field…
Australian oil and gas company FAR said Friday it would sell its stake in offshore blocks in Senegal to Woodside, subject to the approval of its shareholders, as proposed company takeover offers made by Remus and Lukoil were incomplete.To remind…
Offshore installation contractor Subsea 7 said Friday it had won a sizeable contract, which means it is valued between $50 million and $150 million.In a brief update in which it did not reveal many details, Subsea 7 said the scope of work includes engineering…
Offshore helicopter operator CHC has agreed to buy the oil and gas aviation business of Babcock.Babcock's oil and gas aviation business provides offshore oil and gas crew transportation services in the UK, Denmark and Australia and is headquartered based in Aberdeen (UK)…
Jersey Oil & Gas, a UK-based company working to develop an oil and gas production hub at the Greater Buchan Area in the UK North Sea, said Thursday it was in talks to raise funds to progress work on the project.The company said it was responding…
Offshore surveyor Fugro has signed a strategic framework agreement with dCarbonX, a geo-energy resource company, which is working on 'decarbonization exploration projects' supporting the development of offshore geo-energy resources in the UK and Ireland…
UK-based oilfield well services company Expro and Dutch-based drilling and completions solutions provider Frank’s International on Thursday announced a definitive agreement under which the companies will combine in an all-stock transaction. Upon the closing of the transaction…
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