Wave measurement specialist Miros Group has hired Marius Five Aarset as its new CEO to lead the company as it looks to grow in renewable energy, oil and gas, offshore operations, and shipping markets.Marius Five Aarset has joined Miros from ABB…
China's CNOOC Ltd has set its 2023 production target at a record 650 million to 660 million barrels of oil equivalent (boe), about 8% above last year's goal. The state-controlled offshore oil and gas company produced about 620 million boe last year…
Norway on Wednesday announced an area in the North Sea for applications related to the injection and storage of CO2 on the Norwegian continental shelf.Minister of Petroleum and Energy Terje Aasland said there was a great interest from companies…
Guyana wants Indian companies to invest in its oil and gas sector as the South American nation aims to expand its nascent energy sector, a senior Indian foreign ministry official said on Tuesday. Guyana's President Mohamed Irfaan Ali and Suriname's President Chandrikapersad 'Chan' Santokhi…
Glamox AS has secured contracts to deliver its marine lighting for four wind turbine commissioning and service operation vessels for Integrated Wind Solutions (IWS) Fleet AS of Norway, and two wind turbine installation vessels for Cadeler A/S of Denmark…
TechnipFMC has won a contract to deliver and install a pipe for the Wintershall Dea's Dvalin North gas field offshore Norway.The Dvalin North will be tied back to the Heidrun Platform via the existing Dvalin field offshore Norway.For TechnipFMC…
China's CSSC Haizhuang has said it is working to build the H260-18MW offshore wind turbine, which will break a global record with an 18MW capacity rating. The turbine will have a giant 260-meter-diameter rotor.According to CSSC Haizhuang, the H260-18MW offshore turbine has a swept area of 53…
Offshore energy industry services company Acteon Group Ltd has appointed Dr Bernhard Bruggaier as Group Chief Executive. He succeeded Dr Carl Trowell, effective from January 1, 2023.Bruggaier joined Acteon’s subsidiary MENCK in 1994, became its Managing Director in 1998…
Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…
The Supreme Court in the Philippines on Tuesday declared the country's 2005 energy exploration agreement with Chinese and Vietnamese firms was illegal, ruling that the constitution does not allow foreign entities to exploit natural resources…
Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…
UK North Sea-focused oil and gas company Orcadian's management said Tuesday it had completed an update of its estimate of technically recoverable resources for the Pilot field, increasing it 18% to 97 MMbbl for a P50 case based upon a polymer flood development scheme…
Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…
Fugro and Enviros have secured contracts with the Norwegian Petroleum Directorate (NPD) for mapping of the shallowest strata under the seabed offshore Norway, with the objective of locating sites that are best suited for the installation of wind turbines…
Forum Energy Technologies (FET), a company that supplies remotely operated vehicles to offshore energy industry firms, has delivered three of its 200HP Perry XLX-C work-class ROVs to Brazil-based OceanPact.The ROVs built at FET’s UK facility at Kirkbymoorside…
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