Brazilian oil and gas company PetroRio on Thursday said it had agreed to buy from Total a 28.6% stake in the Wahoo field, offshore Brazil.The field is located in the BM-C-30 Block, and the acquisition from Total, together with the interest in Wahoo PetroRio agreed to buy from BP…
The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses, including the one containing the undeveloped Sea Lion field, oil and gas company Rockhopper has informed.To remind, Premier Oil, the operator of the Sea Lion development…
Colombia will launch this month the schedule for its 2021 licensing round offering 32 blocks for oil and gas exploration and production, with results expected in November, the head of the nation's oil regulator told Reuters on Thursday.Last year…
An official keel-laying ceremony for the offshore wind installation vessel ‘Green Jade’ was held Friday at CSBC’s shipyard in Kaohsiung, marking an important moment in Taiwan’s maritime and offshore wind history.‘Green Jade’ is owned by CDWE…
Offshore oil and gas project commitments are expected to not only recover going forward, but their number is also set to reach a new record in the five-year period towards 2025 - cumulatively almost 600 projects - Rystad Energy, a Norwegian…
SAP SE and DNV GL - as of today known just as DNV - have recently announced a collaboration aimed at delivering a new industry cloud solution designed to tackle corrosion under insulation, a major problem facing the integrity of oil and gas plants…
Norwegian oil company Equinor has with its partners decided to further develop the Asgard field in the Norwegian Sea, with an investment estimated at just under NOK 1.4 billion ($164,27 million).Equinor said the investment would see the implementation…
The transition to a lower-carbon economy, including commitments by the UK and Scottish Governments to achieve net-zero by 2050 and 2045 respectively, coupled with increased urgency around climate action plans leading to COP26 in November, have sent a clear message…
Hornsea 1 Limited, a joint venture owned by Ørsted (50 %) and Global Infrastructure Partners (GIP) (50 %), which operates the giant Hornsea 1 offshore wind farm, located 120km off the Yorkshire Coast, the UK, has struck a deal to sell its transmission assets…
Acteon's pile-driving operating company MENCK has won a contract with offshore installation company Allseas to deliver piledriving and handling equipment for the installation of TenneT’s DolWin6 offshore converter platform in the German sector of the North Sea…
Quarterback Services, the local agent of Archer Well Company has secured a one-year extension with Petronas Carigali for the provision of well downhole leak detection services using ultrasound technology.Archer said that the original contract had been for an initial period of three years…
Offshore seismic survey services company Shearwater GeoServices has won a contract for a 3D multisensor marine seismic survey, in the Otway Basin, offshore Australia.'We see a solid, consistent level of activity in Australia where we have multiple projects booked in 2021”…
OOS International, a Dutch-based offshore services company, has said there has been 'a strong increase in requests' from potential clients to charter its newbuild semi-submersible heavy lift crane & accommodation vessels the company ordered in China back in 2016…
Governments and energy companies are placing large bets on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, but its future uses and costs are highly uncertain.'Without hydrogen by 2050 we cannot aim to be a net zero (carbon) economy…
A coalition of investors that oversees $2.5 trillion in assets urged ExxonMobil on Wednesday to take bolder action to slash greenhouse gas emissions and make key governance changes.The Coalition for a Responsible Exxon (CURE), which has 145 members…
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