ExxonMobil has started drilling at the Cutthroat prospect in a deepwater block in the Sergipe Alagoas Basin, offshore Brazil.The news of the drilling start-up was shared by Enauta, one of Exxon's partners in Block SEAL-M-428, where the well site is located…
SFL Corporation, the owner of the West Linus jack-up drilling rig, has signed a rig management deal with offshore drilling firm Odfjell Drilling for the provision of management services for the harsh-environment unit.The rig, delivered in 2014…
The second High Voltage Alternating Current (HVAC) offshore transformer station topside, delivered by Petrofac and Drydocks World Dubai for the Dutch-German transmission grid operator TenneT, has set sail from the fabrication facility in the UAE…
East Africa-focused oil and gas company Coastline Exploration has signed seven Production Sharing Agreements ('PSAs') covering offshore, deep-water blocks of the Federal Republic of Somalia. Coastline, established in 2018, said that the PSAs…
Germany-based renewables giant RWE and India-based power giant Tata Power have agreed on a partnership to explore the potential for a joint development of offshore wind projects in India. 'India is an unexplored and highly attractive market…
Japan-based shipping in giant Mitsui O.S.K. Lines, Ltd. (MOL) and its compatriot Toyo Construction have signed a Memorandum of Understanding (MoU) on evaluating potential collaboration in the offshore wind space.The companies aim to open up…
UK North Sea-focused oil and gas company IOG said Monday that the production start-up from its Blythe and Elgood gas fields in the Southern North Sea would be delayed as the stormy weather had affected the works on the reception facilities at the Bacton Terminal…
TotalEnergies said Monday it has made a significant new oil and associated gas discovery at the Krabdagu-1 well offshore Suriname. Made in the central area of offshore Block 58, the discovery follows previous discoveries at Maka, Sapakara, Kwaskwasi and Keskesi…
Offshore installation firm Havfram has won a contract for subsea umbilicals, risers, and flowlines support work in Egypt for Saipem. The contract will see Havfram deploy a laying and construction vessel offshore Egypt to the Zohr field, the largest gas field in the Mediterranean Sea…
Members of the European Parliament (MEPs) set out recommendations on how to deploy offshore wind more quickly, in a report adopted earlier this week.The report, voted on by MEPs in response to a European Commission communication, stresses that…
Malaysia on Friday filed a fresh charge against a local manager of Norwegian oil services provider Aker Solutions, accusing him of giving false information to the country's corporate regulator, according to the company and a court document.Ahmad…
Abu Dhabi National Oil Company (ADNOC) on Thursday awarded framework agreement awards worth $1.94 billion 'to enable drilling growth.'The company, which plans to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030…
Spanish wind turbine tower maker Windar renovables has confirmed its investment decision to build a new offshore tower factory in Poland.The construction is expected to start in 2020. The new facility will be approximately 120,000 m2 and will include covered areas for welding…
Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supply.Brent crude LCOc1 futures fell 68 cents…
Malaysia's Petronas and Japan's Mitsubishi Corp are divesting their stakes in Myanmar's Yetagun gas field, the companies said, in the latest exits by major energy companies from the country since last year's military coup.A spokesperson from…
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