A 11,700mt jackup platform was transported aboard module carrier BigLift Barentsz from Flushing, The Netherlands to its destination west of Africa. The October journey was completed within three weeks.Design and engineering, procurement and…
Oceaneering International announced Thursday it has secured a three-year Provision of Inspection Enactment Services contract with Petrofac’s Engineering and Production Services division in the Western Hemisphere, growing its asset integrity portfolio within the U…
Italian services company Saipem said it has secured more than $1.2 billion worth of additional work for the “supergiant” Zohr field development project, offshore Egypt in the Mediterranean Sea.Saipem announced on Thursday it won an offshore contract addendum with Petrobel…
Attorneys general from nine U.S. states sued the Trump administration on Thursday to stop future seismic tests for oil and gas deposits off the East Coast, joining a lawsuit from environmentalists concerned the tests harm whales and dolphins…
British North Sea-focused oil and gas producers, Oranje-Nassau Energie (ONE) and Dyas, have agreed to merge to expand production, the privately-owned companies said on Thursday.The merged group, ONE-Dyas, will operate alongside a group of of…
Britain's Faroe Petroleum reiterated on Thursday its opposition to a hostile bid by Norway's DNO, which it said was 'inadequate' and substantially undervalued the Aberdeen-based firm.DNO, which last week maintained its offer to buy Faroe in…
Canadian oil and gas producer Husky Energy Inc on Thursday cut its 2019 capital expenditure program by about 8 percent, or C$300 million, citing Alberta's mandatory curbs on output and lower oil prices.The company now expects 2019 capital expenditure of C$3…
Performance of Senegal’s offshore oil and gas market appears to be gaining momentum as the West African country moves to shed the tag of being an uncertain prospectivity to join the region’s league of oil and gas producers as more international…
U.S. crude inventory declined again last week. The latest weekly survey by the U.S. Energy Information Administration (EIA) indicates an inventory fall of 0.5 million barrels in the week ended December 14. While only a small drop, it is the third decline in a row…
The independent power producer EDF Renewables North America and Shell New Energies US, offshore wind company in the U.S, have formed a 50/50 joint venture, Atlantic Shores Offshore Wind to develop a lease area within the New Jersey Wind Energy Area (WEA)…
More than $10 million in grant funding has been awarded for a group of new projects that aim to fill research gaps in order to help improve understanding and prediction of the Gulf of Mexico Loop Current System (LCS).As the Gulf of Mexico's dominant ocean circulation feature…
Italian oil and gas company Eni has discovered more gas near the Merakes field offshore Indonesia.Eni said on Wednesday it successfully drilled a well in the East Sepinggan block offshore Kalimantan to a depth of 3,400 m MD in 1,592 m of water…
The Brazilian oil and gas market has begun to heat up again with the resumption of the pre-salt block tenders, leading a range of service companies to gear up to offer a variety of new technologies aiming to help operators overcome the technological…
Ocean Power Technologies' PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project that aims to develop, deploy and demonstrate wave energy renewable technologies in oil and gas operations, the U.S.-based ocean energy solutions provider announced Wednesday…
Norway's November oil and gas output was lower than originally expected due to a collision between a navy frigate and an oil tanker that triggered shutdowns of major export facilities and several offshore fields, the country's oil regulator said…