Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development.FAR has recently agreed to sell its stake in the Sangomar to Woodside…
BP on Tuesday announced an oil discovery at the Puma West prospect in the deepwater U.S. Gulf of Mexico.The well, located in the Green Canyon Block 821, was drilled by BP on behalf of partners Chevron and Talos Energy.It is located west of the…
A federal appeals court on Tuesday confirmed bans on offshore oil leasing in most federal Arctic waters and in the Atlantic after the Trump Administration tried to open them up to development.The 9th Circuit Court of Appeals said President Joe…
Ireland's state-owned Electricity Supply Board (ESB) last Friday announced a decision to convert Moneypoint, the country's only coal-fired power plant, into the country's first green energy production hub as part of the project called Green Atlantic @ Moneypoint…
Norwegian company Aibel, specializing in the construction of modules for offshore oil and gas platforms, last week saw the giant Main Support Frame (MSF) module for the Johan Sverdrup P2 platform in Norway leave its yard in Thailand, two years after the start of the construction…
Offshore engineering firm Aquaterra Energy has said it has won its largest riser analysis contract to date, with an unnamed 'major Middle Eastern operator.'Under the five-year agreement, Aquaterra will provide green and brownfield riser analysis…
Swedish wave energy technology developer Novige AB has received funding from the Swedish Energy Agency for its NoviOcean wave energy converter concept.Novige got a budget of 5.6 MSEK (USD 652,201) approved by the Swedish Energy Agency, where 1…
Energy industry operations, maintenance and asset integrity contractor Bilfinger Salamis UK has formed a strategic partnership with Hull-based blade repair and maintenance specialists GEV Wind Power (GEV), bolstering its position in the renewables market…
French energy major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation…
BP's behemoth Argos offshore oil platform, the centerpiece of the company's $9 billion Mad Dog 2 project in the U.S. Gulf of Mexico, has arrived in the U.S. after a 16,000-mile journey from South Korea.The platform, loaded onboard Boskalis' BOKA Vanguard heavy transport vessel…
Oilfield services company Petrofac has secured a one-year extension to its integrated services contract with NEO Energy in the UK North Sea.'The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations…
Offshore wind developer Ørsted has completed the sale of a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG).Ocean Wind is a 1,100 MW offshore wind farm located 15 miles off the coast of southern New Jersey…
Australian oil and gas company Woodside said Tuesday its CEO Peter Coleman would retire from the company on June 3, 2021.'This follows the announcement in December 2020 of Mr. Coleman’s intention to retire from Woodside in 2021, by which time Mr…
Qatari gas company Qatargas has awarded additional work to Italy's Saipem within the North Field Production Sustainability Offshore Project, following a $1.7 billion contract announced in February.Qatargas has now exercised two options for additional work under the project…
Nexans Norway, a company building and installing subsea cables for the international offshore energy industry, has signed a ROV services contract with ROV specialist IKM Subsea.Under the contract, IKM Subsea, based in Bryne, Norway, will deliver ROV services on vessels Nexans Skagerrak…
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