UK-focused oil and gas company Jersey Oil & Gas has received an extension to the Second Term of its P2498 'Buchan' license in the UK North Sea from the North Sea Transition Authority ('NSTA').Also, the NSTA has approved Jersey Oil & Gas' request…
Australia's Woodside Energy has started marketing a new African crude oil from Senegal's first oil project, where the company aims to start producing by the end of this year, a senior executive said. Located about 100 km (62 miles) offshore south of Dakar…
The United States learned of a Ukrainian plan to attack the Nord Stream natural gas pipelines three months before they were damaged last September by underwater explosions, The Washington Post reported on Tuesday, citing leaked information posted online…
Britain's largest North Sea oil and gas producer, Harbour Energy, is in talks to merge with Gulf of Mexico peer Talos Energy, four people familiar with the matter said on Tuesday.The move would offer Harbour an opportunity to list in New York…
The bridge watch officers on a bulk carrier and an offshore supply vessel were not maintaining a proper lookout before the vessels collided last year near Port Fourchon, Louisiana, the National Transportation Safety Board (NTSB) has concluded…
Indonesian state energy firm Pertamina is finalizing an acquisition of Shell's shares in the country's Masela gas project, its chief executive officer said on Tuesday.Indonesia's energy minister on Monday said Pertamina was leading a consortium…
Denmark-based power cable-making and installation company NKT said Tuesday it would soon sign the order for a 230 kV AC high-voltage export power cable system for the Polish project Baltic Power Offshore Wind Park with a capacity of up to 1…
Norway-based gangway supplier Ulmatec has secured a contract to supply a 32-meter motion-compensated gangway and logistics support systems for the next US-built Jones Act service operation vessel.This 260-foot vessel will be built for Edison Chouest Offshore (ECO) by North American Shipbuilding…
Norwegian seismic data firm TGS on Tuesday announced an expansion of its multi-client 3D coverage in the Malvinas Basin offshore Argentina, called Malvinas 3D Phase III.TGS plans to acquire a ~7,500 square kilometer 3D seismic survey, and upon completion…
Kazakhstan is pressing ahead with $16.5 billion in claims against international oil majors over disputed project costs and has no plans for a possible out-of-court settlement, Energy Minister Almasadam Satkaliyev said on Tuesday.The legal wrangling…
Top crude exporter Saudi Arabia's one million barrel per day (bpd) oil output cut is unlikely to underpin a 'sustainable price increase' into the high $80s-low $90s with weak fundamentals pointing to lower prices by year-end, Citi analysts said in a note on Tuesday…
PTSC South East Asia (PTSC SEA) has received a 5-year extension for the bareboat charter contract for FSO PTSC Bien Dong 01.PTSC South East Asia is a joint venture between Malaysia's Yinson Production (“YP”) and PetroVietnam Technical Services Corporation (PTSC)…
The Norwegian Parliament on Tuesday approved the plans for further development of Valhall field in the Norwegian part of the North Sea, and the development and operation of the Fenris project, both operated by Aker BP.The Valhall PWP-Fenris project…
Sperry Marine has secured the contract to deliver complete navigation systems including its VisionMaster Net bridge, NAVIGAT gyrocompass, and NAVIPILOT 4500N autopilot for four vessels under construction for SAL Heavy Lift at WuHu shipyard, China…
Offshore installation services company Subsea 7 on Tuesday announced an extension of its existing frame agreement with the Norwegian oil company Aker BP for four years to the end of 2028. The agreement covers the provision of engineering, fabrication and installation activities for subsea umbilical…
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