Trinidad & Tobago-focused oil company Trinity Exploration & Production has restarted production from the Bravo offshore platform, in the Trintes Field, offshore east coast Trinidad, following a halt caused by a fire incident earlier this month…
Oil and gas company OMV Norge has made an oil discovery at the Eirik prospect in the North Sea, off Norway, the Norwegian Petroleum Directorate said Thursday.The wildcat well 15/2-2 S, in the production license 817, where OMV is operator, was…
Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels…
China's CIMC Raffles has recently secured an order to build a self-propelled offshore wind turbine installation vessel for CRCC Harbour & Channel Engineering Bureau (CRCC-HCEB.)According to CIMC Raffles, the jack-up vessel will be China's most…
Brazilian oil company Enauta has resumed production from the 7-ATL-2HP-RJS (“2HP”) well in Atlanta offshore field in Brazil, after a halt in early March.Enauta said this week that production had resumed after the installation of the new pump on the seabed…
Deepwater drilling company Transocean has secured $546 million worth of drilling contracts in the past quarter, according to its rig fleet status report issued Tuesday.The contracts were secured by four rigs, the Transocean Enabler, Transocean Encourage…
Oilfield firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, as stronger oil prices have supported demand for its equipment and services. Global oil futures are currently trading around $83.12 a barrel, down about 22% from…
FPSO-leasing company BW Offshore has completed the sale of its BW Athena FPSO to an undisclosed third party. 'The transaction is part of BW Offshore’s strategy to transition to floating energy infrastructure investments. The sale of the FPSO…
Norway's natural gas output declined in March from February, missing official forecasts, while oil output grew slightly more than expected, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday. Crude oil output was 1…
Danish energy firm Orsted and Spanish engineering group Acciona will team up to develop new foundations for floating offshore wind turbines that cut costs and reduce carbon footprints, the two companies said on Wednesday. Floating wind technology…
Norwegian shipyard Green Yard Kleven AS has secured a retrofit project with Brazilian offshore vessel owner Oceanica.This is the fourth contract signed with the same shipowner that includes the reactivation and rebuilding of offshore ships bought from Norwegian shipowners…
Norway's parliament on Tuesday told the government to consider an alternative way to cut carbon emissions at Western Europe's largest liquefied natural gas (LNG) plant, but stopped short of outright halting a controversial plan to use power from land…
The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.Johan Sverdrup was launched in 2019, making it a relative newcomer compared to Russia's Urals grade…
Acteon's InterMoor has secured a contract to fabricate 12 mooring piles to support oil firm LLOG in the permanent mooring of the Salamanca Floating Production System in the U.S. Gulf of Mexico.LLOG previously awarded the design of the 80’ long and 16’ OD piles…
Operations at the Njord A oil and gas platform in the Norwegian Sea will resume at normal levels on Tuesday after being halted because of an oil leak, a spokesperson for operator Equinor said. The platform had been depressurized and production…