U.S. company New Fortress Energy said on Tuesday it planned to finish building its first Fast LNG unit in May before moving the plant to offshore Altamira in Mexico in June and producing liquefied natural gas (LNG) there in July.'We're less…
Oilfield services firm TechnipFMC has won a contract with Azule Energy to supply flexible pipe for the Agogo Integrated West Hub Development Project, offshore Angola. Azule Energy, a BP and Eni joint venture in Angola, is the operator of Block 15/06 in Angola offshore…
Oman is in the preparation process to offer a new batch of oil and gas concession areas by the end of the first quarter of 2023, the energy ministry said in a tweet on Thursday.While the first batch will target onshore blocks, the Gulf-state…
Offshore seismic survey firm PXGEO announced it has appointed Tony Bowman as chief executive officer, effective April 3, 2023.Bowman joins PXGEO from an executive career at Schlumberger. During his almost 30-year tenure, he held a number of senior roles across multiple geographical locations…
Engineering and maintenance services firm Sparrows Group said it is expanding its service roster in the North Sea as it looks to replicate its drilling services success in the Middle East and Asia.Sparrows, which had previously offered drilling services in the UK and Europe…
Norway's Equinor is close to reaching a deal to buy Suncor Energy's British North Sea oil and gas assets for around $1 billion, three sources familiar with the matter told Reuters on Wednesday.The deal includes Suncor's 40% stake in the Equinor-operated offshore Rosebank oil and gas project…
UK's competition regulator said on Wednesday it has cleared oilfield services firm Baker Hughes Co's acquisition of Altus Intervention after the companies took steps to allay concerns raised by the watchdog.The Competition and Markets Authority…
Neptune Energy signed up to the Extractive Industries Transparency Initiative (EITI), an intiative designed to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources.By endorsing the initiative…
Equinor agreed to buy oil and gas stakes in five discoveries in the Troll, Fram and Kvitebjoern areas of the North Sea from Wellesley Petroleum AS.The amount for the purchase was undisclosedThe transaction strengthens Equinor's position in a…
Italian oilfield services company Saipem said Wednesday it had secured a $400 million contract for the Deep Value Driller drillship in the Ivory Coast with the joint venture between Eni Côte d'Ivoire Ltd. and Petroci. The contract length was not disclosed…
Italian energy services group Saipem aims to raise about 750 million euros ($796 million) from the partial sale of assets in its drilling business, CEO Alessandro Puliti said on Tuesday, citing shallow water vessels in particular.Saipem, in…
The owners of Danos, a 76-year-old Louisiana-based oilfield services firm services company, are preparing for the future by diversifying their energy portfolio through strategic acquisitions. Danos Ventures has been established to lead this effort…
RWE and Northland Power have selected wind turbine maker Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea.A minimum of 104 15 MW Vestas offshore wind turbines (Type: V236-15…
Oilfield services giant Baker Hughes said Tuesday it had scored a 'major' contract to provide subsea equipment and services for the Angolan company Azule Energy's Agogo offshore oilfield. Azule Energy, the Angolan joint venture of oil companies BP and Eni…
Asia Pacific-focused oil and gas company Jadestone said Monday it wouldn't meet its previously planned end-of-month production restart from the Montara field, off western Australia, as bad weather was hampering topside maintenance work on the Montara Venture FPSO…