Neptune Energy said on Thursday it has agreed with partners BP and Japex on a final investment decision (FID) for the Seagull oil and gas field in the UK North Sea.Neptune, which acquired its 35% interest in Seagull from Apache in 2018, operates the field…
Norwegian oil company Aker Energy said on Thursday it has submitted to Ghana a $4.4 billion plan for developing the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana.The block's Pecan field, located about 115 kilometers off the West African country in ultra-deep waters ranging from 2…
Offshore oil and gas operators are grappling with how to make their operations and even companies greener, Offshore Mediterranean Conference (OMC) in Ravenna, Italy, has been hearing.From using renewable energies to power remote fields and even subsea robots…
U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans to expand fossil fuels production from the United States' public lands and waters…
Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…
Angola state oil company Sonangol has taken delivery of Libongos, the first of two new drillships built by Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME).The new seventh-generation drillship, christened March 21 in Busan, is capable of operating in deep…
Private equity fund Seacrest Capital is in talks to sell part or all of its British North Sea-focused oil exploration firm Azinor Catalyst, which could fetch between $60-$100 million, having received unsolicited offers for it, banking and industry sources said…
Offshore driller Odfjell Drilling plans to recruit more than 200 personnel as it adds two new semisubmersible drilling rigs to its fleet.The Norwegian-headquartered company, which will mobilize the two sixth generation semisubmersibles for drilling…
The topside of the offshore substation at the Albatros wind farm offshore Germany was installed Tuesday evening, developer EnBW said.The heavy-lift jack-up vessel (HLJV) Pacific Ospray had loaded the topside in Rotterda, and once in the construction area…
Marine seismic surveyor Seabed Geosolutions announced Wednesday it has been awarded a 3D ocean bottom node (OBN) survey in an ultra-deepwater area of the Gulf of Mexico by an unnamed major energy company.Covering 270 square kilometers and in water depths up to 2…
Lundin Petroleum on Wednesday announced its plans to develop the Solveig oilfield, formerly known as Luno II, offshore Norway, with startup planned in 2021.The Solveig oil discovery in PL359, is located in the Norwegian sector of the North Sea…
Gas resources abound in the Mediterranean but the challenges facing their monetization were highlighted at the opening plenary session of Offshore Mediterranean Conference (OMC) in Ravenna, Italy, this morning.On the one hand, gas exploration…
Saudi Aramco on Tuesday signed a land lease agreement with McDermott Arabia Company to establish a facility for large scale fabrication of offshore platforms and onshore/offshore modules located within the King Salman International Complex for Maritime Industries in Ras Al-Khair…
Shell has sold 40 percent of its participation in two offshore oil exploration contracts in Colombia to Noble Energy, which will also operate the blocks, the government said on Tuesday.Colombia recently modified contractual terms for offshore…
A new cooperation agreement between Australia's space agency and the country's largest natural gas producer aims to promote technology transfer between the space sector and the oil and gas industry.A statement of strategic intent and cooperation agreement signed in Perth by Dr…
Subscribe
