The European Union's executive called on Monday for dialogue with Turkey and demanded that Ankara refrains from unilateral steps that stoke tensions in eastern Mediterranean.Should dialogue not bear fruit, a spokesman for the European Commission told a briefing on Monday…
Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible offshore drilling rig.The rig, owned by China's CIMC and managed by the Norwegian drilling contractor Odfjell Drilling, was recently used to…
Israel's Delek Group said on Monday it is in talks with third parties about a possible merger of its North Sea energy operations, as it reported a second-quarter loss.Merging Ithaca Energy with an international group would be part of a process of turning it into a public company traded in London…
Ocean Installer, a Norwegian company mostly known for its offshore oil and gas services provider, is increasingly turning towards the offshore wind industry.Following a recent establishment of an offshore wind branch, and the naming of a director to lead it…
Norwegian oil company Equinor has successfully sent a drone carrying a 3D-printed cargo from shore to an offshore production platform in the North Sea in what the company says is a world's first.In a flight spanning around 80 kilometers from…
After striking a play-opening gas find offshore South Africa in 2019 with the Deepsea Stavanger drilling rig, the French oil and gas major Total has brought the same rig back to the country and has started drilling on another closely watched prospect - the Luiperd…
Norwegian oil and gas firm Equinor is set to cut jobs significantly in the United States, Canada and Britain to adjust to a fall in oil prices, a company spokesman said on Wednesday.The group plans to cut employee numbers in those countries…
First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear…
Black Sea-focused oil and gas company Trillion Energy has said it will drill deeper wells at its SASB gas field, encouraged by the recently announced giant deepwater gas find by the Turkish national oil and gas company TPAO, some 100 kilometers to the north…
Oslo-listed offshore vessel owner GC Rieber Shipping said Tuesday it had delivered the Polar King inspection, maintenance, and repair vessel to its new owners.The delivery to new owners, who are yet to be named, comes following last week's announcement…
Dutch offshore services company Fugro has won three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in Brazil.'All three contracts are for 3-year firm periods with additional 1-year options…
Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin.The field is located in the Medco-operated Sampang offshore block, in the Madura Strait, off Madura Island, Indonesia…
Cash strapped offshore accommodation provider Floatel expects a prolonged downturn in the offshore accommodation market, with no significant improvements expected before 2022.The company, which operates five semi-submersible accommodation rigs…
Oil and gas company Noble Energy has set a date for a shareholder vote on the company's proposed takeover by Chevron.As previously reported, Chevron in July announced a deal to acquire Noble Energy in an all-stock deal valued at around $5 billion…
Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane while rising coronavirus cases in Asia and Europe capped gains.Brent crude oil futures added 37 cents…
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