Azerbaijan’s state energy company, SOCAR, said on Sunday its offshore gas platforms in the Caspian Sea were safe after media reports of a large fire in the area.Videos and photos published online showed smoke rising above the sea off the coast…
A fire on the ocean surface west of Mexico's Yucatan peninsula early on Friday has been extinguished, state oil company Pemex said, blaming a gas leak from an underwater pipeline for sparking the blaze captured in videos that went viral.Bright…
Malaysian FPSO provider Yinson has secured a contract extension for the PTSC Lam Son FPSO in Vietnam with Vietnam's PTSC AP.The 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…
Norwegian oilfield services giant Aker Solutions has won a contract from the Norwegian oil firm OKEA to modify the Draugen offshore platform to enable the processing of gas from the Hasselmus discovery which will be tied into the platform.The contract includes engineering…
Triumph Subsea Services said Thursday it had formally canceled the Letter of Intent that was issued to Infrastrata in December 2020, for the construction of an offshore wind development vessel and said it didn't want to build any vessels with InfraStrata and or any of its shipyards…
Oil and gas company Tailwind Energy said Thursday it had completed the sale of its Conwy field, offshore the UK, to the Italian oil giant Eni.The firm said it had wrapped up the full divestment of its interests in the Conwy field, including…
Norwegian oilfield equipment and technology provider Aker Solutions has said its subsea compression tech has been selected for Chevron's Jansz-Io Compression Project, offshore Western Australia.'Aker Solutions remains in ongoing discussions with Chevron to finalize the contract…
Norwegian oil firm Equinor and its partners have secured regulatory consent to start up facilities and modifications associated with the Troll Phase 3 project in the North Sea offshore Norway.The project is a further development of the Troll field and will produce the gas from Troll Vest…
The United States must speed up project permits if it is to meet the Biden administration's 2030 target for offshore wind power, major developer Orsted said on Thursday.The United States, with just two small offshore wind facilities, has lagged…
The U.S. government will conduct an environmental review of a potential wind power project off the coast of Virginia, the Biden administration said on Thursday, part of an effort to create tens of thousands of jobs in the business by 2030.Dominion…
Oil and gas major Chevron as the operator of the Gorgon gas project has, with its partners, agreed to proceed with the Jansz-Io Compression (J-IC) project, offshore W. Australia. The investment is estimated at around $4 billion (AU$6 billion)…
Modern American Recycling Services Europe (M.A.R.S) said Thursday it had secured the contract for deconstruction and recycling of Equinor's Veslefrikk B platform in the North Sea, offshore Norway.The Veslefrikk B platform is a semi-submersible production platform…
A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on the package as early as today, members of parliament told Reuters.Legislators have…
Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank's first such high-profile deal in the emirate since 2019.Goldman Sachs' investment banking…
After years of delays, and hefty cost overruns Equinor's Martin Linge oil and gas field in the North Sea off Norway, has come on on stream.The field, which was originally expected to start producing in 2016, finally started production on Wednesday at 21…
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