An oil spill response workshop in Houma, La., earlier this month was the first of five such information gathering sessions the Sea Grant Oil Spill Science Outreach Program has planned in coastal areas. The year-long project, which began in July…
The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes…
UK-based Moray Offshore Windfarm (East) announced that it has reached financial close – a major milestone marking the commencement of GBP 2.6 bln of project finance investment.The consortiumwhich develops and operates offshore wind farms, known as ‘Moray East’…
UK-based oil and gas exploration firm i3 Energy PLC said its Serenity prospect in the North Sea 'provides significant organic growth' for its Liberator development.The company estimates that Serenity contains P50 stock tank oil-initially-in-place of 197mln stock tank barrels…
The oil and gas drilling and production services company ADES International said that it has renewed an existing contract for the offshore rig known as Admarine 657, which is currently operating in Saudi Arabia.The renewal for Admarine 657 would…
Kvaerner and Aker Solutions on Thursday cut the first steel plate for the second phase of the Johan Sverdrup offshore field development, kicking off Norway’s largest industrial project in three decades.The two Norwegian engineering firms have been working in a 50/50 joint venture under a NOK 3…
French energy company Total said it has agreed to sell a 4 percent stake in its Australian Ichthys liquefied natural gas (LNG) project to Japanese partner Inpex for $1.6 billion, following cost overruns.'This transaction is part of our constant portfolio review to optimize our capital allocation…
U.K.-based offshore energy support vessel (OESV) operator Seacat Services has installed advanced remote monitoring systems across its fleet in an effort to glean a new level of insight into the operational performance of its vessels.‘Digitalization’ of operational practices…
ExxonMobil Corp and the world's top miner BHP Billiton said on Thursday they approved development of the West Barracouta gas field in the Gippsland Basin in Australia, to bring fresh gas to Australian domestic markets.Exxon said the project…
Offshore access services provider Ampelmann said it has secured two new contracts in the Asia Pacific region. Two A-type motion compensated gangway systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term walk-to-work (W2W) operations…
Lawyers for the Nigerian government said they had filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in London on Thursday in relation to a 2011 oilfield deal.The OPL 245 oilfield is also at the heart of an…
Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron's British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.Chrysaor has signed up investment banks Jefferies and BMO…
French supermajor Total SA has been awarded two new blocks covering 14,175 square kilometers, offshore Mauritania by the natural resource-rich country's Ministry of Petroleum, Energy and Mines hence boosting the integrated oil and gas company's…
Oil major Chevron announced Monday it has named Navin Mahajan vice president and treasurer, effective February 1, 2019, and Dale Walsh vice president of Corporate Affairs, effective March 1.Mahajan, who is currently vice president, Finance Downstream & Chemicals…
Swedish floating wind turbine player SeaTwirl has joined the Ocean Energy Scale-Up Alliance (OESA) that has been granted funding from the Interreg North Sea Region.SeaTwirl is a vertical floating wind turbine that was tested off the west coast of Sweden in 2011…
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