Energy services giant TechnipFMC and renewables investor Magnora have entered into an agreement to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.Magnora, which invests cash generated from a UK oil field to invest in renewables…
An Italian court acquitted Royal Dutch Shell and Italy's Eni on Wednesday of corruption in one of the oil industry's biggest court cases centered around the acquisition of a Nigerian oilfield in 2011.Italian prosecutors alleged that most of the $1…
The Nigerian government is disappointed with a Milan court's decision on Wednesday to acquit Royal Dutch Shell and Eni as well as several former and current managers of the groups in the oil industry's biggest corruption trial.“The Federal Republic…
A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell along with a series of past and present managers including Eni Chief Executive Claudio Descalzi in the oil industry's biggest corruption scandal.The sentence, read out in court by judge Marco Tremolada…
Guyana's President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd).Ali told the Guyana Basins Summit that he expected…
Norwegian vessel operator Eidesvik Offshore has won more work for its Subsea Viking vessel.Seismic acquisition firm Seabed Geosolutions awarded the new contract for the vessel under the Master Time Charter Agreement.The new contract will start in direct continuation of the existing contract…
Norwegian oil company Equinor has exercised its option to add one more well to Odfjell Drilling's Deepsea Atlantic offshore drilling rig contract.Odfjell Drilling said Wednesday the well had been exercised under the Continued Optionality mechanism…
A Milan court is due to issue a verdict on Wednesday in the oil industry's biggest corruption trial, a case centered around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell for $1.3 billion a decade ago.After more than three years of proceedings and 74 hearings…
Oil company Wintershall Dea has obtained a drilling permit for the well 6406/3-10 A in the Norwegian Sea.The well will be drilled using Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig, after the completion of the drilling of…
UK-based oil company Serica Energy has spudded the Columbus 23/16f-CDev1 development well in the UK Central North Sea.Using the Maersk Resilient jack-up drilling rig, Serica will drill the offshore well to a total depth of 17,600ft and will include a 5…
3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…
UK oil and gas firm Chyrsaor has found hydrocarbon traces at the Jerv offshore exploration well; its first operated well in Norway.According to OKEA, Chysaor's partner in the offshore production license PL973 where the well is located, 'hydrocarbons…
Spanish renewable energy giant Iberdrola has added another offshore wind project to its Japanese portfolio as it has agreed with Cosmo Eco Power and Hitz to jointly develop the 600MW Seihoku-oki wind project in Aomori prefecture, in the northwest of the country…
Sparrows Group, a UK-based engineering and maintenance services specialist for the energy and industrial sectors, has said it has secured one contract renewal and two extensions, 'worth a seven-figure sum,' in Angola to support major operators in the deepwater region…
Norwegian marine seismic contractor PGS has been awarded a 3D exploration survey by Lundin Energy in the Barents Sea, off Norway.According to PGS, the project, in the production license, in PL1083 will see sparse node and high-density multisensor GeoStreamer seismic acquired simultaneously…
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