Over the past few years the Namibian Orange Basin has emerged as an exciting new oil province and subsequently a provider of significant new demand and future demand potential for deepwater drilling rigs.According to Westwood’s Wildcat, “the…
A Chevron-led consortium that holds licensing rights over a gas field off Cyprus will present an updated development plan within days, one of the partners said on Monday, after Cyprus gave them a three-month deadline to comply.There have been…
Norwegian-headquartered offshore vessel owner Østensjø Rederi has placed an order with Spanish shipbuilder Gondan for a new offshore support vessel (OSV).The 120-meter vessel was designed by Salt Ship Design of Norway and will be built at Gondan's facilities in Asturias…
Engineering firm Wood said it is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf.The company has assessed the technical feasibility of the Trudvang, Luna and Havstjerne CCS projects, which combined can store up to 21 million tonnes of CO2 annually…
GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.The incident was reported at the Dogger Bank A project…
North Sea oil and gas company Ithaca Energy reported a nearly 34% fall in net profit for the first half of the year on Thursday, hurt by lower production, a decline in natural gas prices and impairment charges.Shares of Ithaca, fell about 2…
Shearwater Geoservices announced it has secured a three-month extension to the deepwater ocean bottom node (OBN) survey off the coast of India.The extension builds on an initial six-month scope using the SW Tasman, Sheawater's purpose-built seismic source and dual ROV operations vessel…
Indonesia has approved a development plan for the first phase of the Geng North gas field operated by Italy's Eni in the Makassar Strait, the upstream oil and gas regulator SKK Migas said in a statement on Friday.The approval also covered the development of the nearby Gehem field…
OMV and its partners have discovered gas in the deepwater Haydn/Monn wildcat well (6605/6-1 S) in the Norwegian Sea.The gas discovery is located around 310 kilometers west of Sandnessjøen, at a water depth of 1,064 meters. The find is approximately…
Norway's Equinor has begun work to resume output at its Gullfaks C oil and gas platform in the North Sea after a shutdown on Sunday, a company spokesperson said on Tuesday.The incident was caused by problems with one of the platform's wells…
Deepsea Technologies Inc. announced it was recently awarded a contract to supply subsea distribution equipment for an independent operator in the Gulf of Mexico.Deepsea Technologies said it will supply subsea distribution equipment including multiple subsea umbilical termination assemblies…
Norway's state-controlled energy giant Equinor has cancelled plans to invest in Vietnam's offshore wind sector, a company spokesperson told Reuters, in a setback for the Southeast Asian country's green power ambitions.Vietnam has attracted international…
Louisiana-based Cheramie Marine's offshore support vessel (OSV) Mary Cheramie has been refitted with a pair of new Mitsubishi engines, power solutions provider Laborde Products announced.The vessel's two new Mitsubishi Tier 3 S12R engines, each delivering 1…
FourPhase, a specialist in solids and production performance for the oil and gas industry, announced it has secured three new or extended service contracts with international operators, reinforcing its role in maintaining sand-producing wells…
U.S.-based supermajor Chevron announced it has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia.The G-18-AP permit is offshore from Onslow, Western Australia and covers an area of approximately 8,467 km2 with water depths of 50-1100m…
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