The offshore wind turbine maker, MHI Vestas Offshore Wind A/S, signed a conditional contract of purchase with Taiwanese chemical group Swancor Holding Co Ltd to comply with the nation’s supply chain localization requirements.The agreement “goes…
A memorandum of understanding (MOU) signed this week by Saudi Aramco and Baker Hughes, a GE company (BHGE) will see the two firms establish a new joint venture facility in Saudi Arabia to manufacture non-metallic materials which will be used in a variety of areas of the energy industry…
Maritime Developments (MDL) said it has been awarded a follow-up flexible and umbilical installation job offshore West Africa.The work scope is a continuation of the EN-09 project, concluded in April 2019. The project is run by DeepOcean Ghana…
The template and manifold for the Neptune-Energy-operated Fenja project are currently undergoing factory acceptance testing (FAT) and system integration testing (SIT) in Eydehavn, Norway, as the subsea development ramps up toward planned first oil in 2021…
APL, a business unit within NOV's Completion & Production Solutions segment, has secured the contract from South Korean builder Samsung Heavy Industries to supply a large submerged turret production (STP) system for a newbuild floating production…
Guyana is preparing to raise the take of the government in future oil licences, the director of the South American country's Department of Energy said on Wednesday.U.S. energy giant Exxon, French group Total and Britain's Tullow Oil are drilling wells offshore Guyana…
Eni and its partners have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana, the Italian supermajor announced of Wednesday.Eni said it will be the operator of the license, and its…
Mexican state oil company Pemex is pursuing a risky Gulf of Mexico deepwater project despite vowing as recently as two weeks ago it would focus its limited resources elsewhere, according to a filing with the country's oil regulator.Pemex sought…
Singaporean rig builder Sembcorp Marine said on Wednesday that authorities had searched its shipyard in Brazil as part of a graft investigation, sending its shares lower and underlining the staying power of Brazil's ongoing 'Car Wash' corruption probe…
Frank Joseph Pallone Jr., the U.S. Representative for New Jersey's 6th congressional district, says that the battle against the Trump Administration’s push for seismic blasting and drilling for oil and gas in the Atlantic Ocean has made progress…
An $800 million green loan facility launched by Ørsted brings together 15 banks to finance the company’s first commercial offshore wind farms in Taiwan.“Taiwan is eager to expand its share of renewable energy. The country’s financial institutions want to be a part of that green transition…
Norwegian offshore supply vessel provider Golden Energy Offshore (GEO) named two platform supply vessels (PSVs).The company's CEO Per Ivar Fagervoll said that the sister vessels Energy Empress and Energy Duchess were named on 29 June 2019. The…
Mauritania is back, it seems, as Africa’s newest oil province, just 13 years after a sudden production drop at its first offshore oilfield, Chinguetti, precipitated the authorities ire over contracts and a rash of oil company departures.Now…
McDermott International said it was able to mitigate impact of two cyclones en route to completing the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India…
Italian supermajor Eni said it has started the early production phase from the Miztón field, located in the Campeche Bay offshore Mexico, marking the first step in the development of Area 1, which is estimated to hold 2.1 billion of oil equivalent in place (90% oil) in the Amoca…
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