Malaysia's energy-rich Sarawak state will pursue legal proceedings against national oil company Petronas over the non-payment of sales tax, backtracking on a settlement agreement reached last month, national news agency Bernama reported.Petronas and Sarawak had reached a settlement in May…
Oil and gas company Europa Oil & Gas has agreed to acquire an offshore license in Ireland, near the producing Corrib gas field, from DNO.Europa said the block, formally known as Frontier Exploration Licence (‘FEL’) 3/19, contains the 1.2 tcf Edge prospect…
Norwegian oil companies Equinor and Aker BP have agreed on commercial terms to jointly develop several fields on the Norwegian Continental Shelf.The coordinated development will include Krafla, Fulla and North of Alvheim (NOAKA) offshore licenses…
Danish offshore wind farm developer Ørsted has said it has reached a milestone in its expanding offshore wind business with the installation of its 1500th offshore wind turbine.The turbine was installed at the Borssele 1 & 2 offshore wind farm in the Dutch North Sea…
Norway's energy minister said state-controlled Equinor must be more transparent about its foreign businesses after it was hit by mounting losses from U.S. oil and gas investments.Equinor made a series of acquisitions of onshore and offshore…
Norwegian offshore engineering and construction company Aker Solutions will deliver umbilicals for Murphy's King's Quay offshore project in the U.S. Gulf of Mexico. Aker Solutions said Wednesday that the contract for the delivery of umbilicals was awarded to it by Subsea 7…
Brazilian oil workers' union and oil company Petrobras have this week dismissed reports of a helicopter crash in the Campos basin, as fake news.Union SindipetroNF issued a statement is which it said that the 'news published in some media on Monday…
With reports this week that a broad majority in the Norwegian Parliament supports proposed tax breaks to help the oil and gas industry affected by low oil prices, oil industry is responding and promising investments.On the back of the stimulus from the government in the form of temporary tax breaks…
Croatia expects to start talks with Hungarian energy group MOL on a possible buyback of shares in Croatian gas and oil company INA by the end of June, the country's Energy and Environment Minister Tomislav Coric said.Croatian Prime Minister…
Nigeria did not fully comply with a pact by oil producers to rein in output to balance markets but will make additional cuts to make up for the lapse, the head of the Nigerian National Petroleum Corporation Mele Kyari said on Wednesday.Nigeria…
Crown Estate Scotland, manager of Scotland’s seabed, has announced the launch of the first round of offshore wind leasing in Scottish waters for a decade.The round, called ScotWind Leasing, enables companies at the cutting edge of offshore renewables…
Norwegian oil and gas operators Wintershall DEA Norge and Equinor have signed a supply vessel sharing agreement.Under the agreement, the two companies will collaborate in supplying platforms close to Wintershall's Brage platform in the North Sea…
Norwegian oil company Equinor has extended helicopter services contracts with offshore helicopter operator CHC in Norway.CHC said Tuesday the extensions with Equinor were for both the Tampen/Oseberg and Heidrun contracts for one year, effective from September 2020 to August 2021…
Italian offshore services company Saipem has completed offshore installation works in the Adriatic Sea at the Trans Adriatic Pipeline (TAP) project.TAP will transport natural gas from the giant Shah Deniz II offshore field in the Azerbaijani sector of the Caspian Sea to Europe…
Offshore platform installation works are set to begin at Byron Energy's U.S. Gulf of Mexico operator South Marsh Island 58 G offshore block.Byron said Tuesday that a material barge would arrive at a construction yard near New Iberia, LA to begin load out of the SM58 G platform jacket pilings…
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