Energy services giant TechnipFMC and renewables investor Magnora have entered into an agreement to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.Magnora, which invests cash generated from a UK oil field to invest in renewables…
New Jersey-based Northstar Marine announced Wednesday it is gearing up to support emerging offshore wind development projects in the Northeast U.S., having recently acquired a pair of specialized support vessels and formed a partnership with with Laredo Offshore Services…
An Italian court acquitted Royal Dutch Shell and Italy's Eni on Wednesday of corruption in one of the oil industry's biggest court cases centered around the acquisition of a Nigerian oilfield in 2011.Italian prosecutors alleged that most of the $1…
A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell along with a series of past and present managers including Eni Chief Executive Claudio Descalzi in the oil industry's biggest corruption scandal.The sentence, read out in court by judge Marco Tremolada…
Guyana's President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd).Ali told the Guyana Basins Summit that he expected…
Oil company Masirah Oil said Wednesday it had upgraded process facilities at the Yumna field, offshore Oman.The upgrade has more than doubled the liquid handling capacity on the Mobile Offshore Production Unit (MOPU) to 30,000 barrels per day…
Norwegian oil company Equinor has exercised its option to add one more well to Odfjell Drilling's Deepsea Atlantic offshore drilling rig contract.Odfjell Drilling said Wednesday the well had been exercised under the Continued Optionality mechanism…
A Milan court is due to issue a verdict on Wednesday in the oil industry's biggest corruption trial, a case centered around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell for $1.3 billion a decade ago.After more than three years of proceedings and 74 hearings…
Oil company Wintershall Dea has obtained a drilling permit for the well 6406/3-10 A in the Norwegian Sea.The well will be drilled using Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig, after the completion of the drilling of…
U.S.-based oilfield products supplier Forum Energy Technologies (FET) said it has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of the business’ long-term growth strategy in South America…
U.K.-based safety and survival solutions provider Survitec on Wednesday said it has signed an intent to purchase Hansen Protection, a Norwegian provider of specialist survival suits and protective equipment.Ron Krisanda, Survitec's executive chairman…
UK-based oil company Serica Energy has spudded the Columbus 23/16f-CDev1 development well in the UK Central North Sea.Using the Maersk Resilient jack-up drilling rig, Serica will drill the offshore well to a total depth of 17,600ft and will include a 5…
3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…
Norwegian marine seismic contractor PGS has been awarded a 3D exploration survey by Lundin Energy in the Barents Sea, off Norway.According to PGS, the project, in the production license, in PL1083 will see sparse node and high-density multisensor GeoStreamer seismic acquired simultaneously…
Norwegian offshore vessel operator Eidesvik Offshore has won a contract with Equinor for the platform supply vessel Viking Queen.Eidesvik said Wednesday the new contract would start in April 2021. The contract will begin in direct continuation of the current contract with Equinor…
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