Eni and BP have completed a deal to merge their oil and gas operations in Angola, the groups said on Friday, confirming what sources earlier exclusively told Reuters.The deal will create a company called Azule Energy that is expected to be Angola’s…
The International Marine Contractors Association has suspended its Russian members from the association over Russia's invasion of Ukraine.IMCA CEO Allen Leatt said: 'We are all deeply saddened at IMCA by the events unfolding in Ukraine and the…
Norwegian offshore installation services firm Havfram has extended the contract for Solstad Offshore's construction support vessel Normand Vision.Skudeneshavn, Norway-based Solstad Offshore said Friday that Havfram, formerly known as Ocean Installer…
Malaysian oil and gas company Petronas Carigali, a subsidiary of Petronas, has awarded a two-year contract to Velesto Energy's subsidiary Velesto Drilling for the provision of jack-up drilling rigs.The contract, which covers a suite of Velesto's NAGA jack-up rigs…
Norwegian oil and gas company OKEA has awarded Aker Solutions a seven-year extension to their existing maintenance and modifications frame agreement, covering work on all installations offshore Norway operated by OKEA.Aker Solutions said that the contract was a substantial one…
Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…
Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…
Norwegian oil company Equinor Energy AS, the operator of production licence 057 (part of the Snorre Unit), has completed the drilling of wildcat well 34/4-18 S and the well is dry.The well was drilled about 7 kilometers north-west of the Snorre…
Guyana-focused oil companies Frontera Energy Corporation and CGX Energy, joint venture partners in the Corentyne block offshore Guyana, said Friday they'd entered into a $35 million loan deal that will enable CGX to continue to finance part of its share of costs related to the Corentyne Block…
Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executive Anders Opedal said on Thursday.A growing energy crisis from buyers steering clear…
Exports of Malaysia's flagship Kimanis crude oil are set to fall to six cargoes in May, down two from April, due to maintenance at oilfields offshore Sabah, a preliminary loading schedule showed on Friday.Shell, the operator of the oilfields that produce Kimanis…
Senior U.S. officials have talked with oil company executives in regards to the Ukraine crisis and high oil prices, White House press secretary Jen Psaki said on Thursday.Pskai declined to identify what oil companies officials have had conversations with…
In the late 1990s, the cold-water coral Lophelia pertusa was first reported growing on the legs of oil platforms in the northern North Sea. As these platforms reach the end of their operational lives, many are being decommissioned and brought ashore…
The second processing platform (P2) was earlier this week installed for the Johan Sverdrup Phase 2 development offshore Norway using Allseas' giant Pioneering Spirit vessel, in a single lift operation.This follows the installation of the jacket…
Oslo-listed drilling contractor Northern Ocean on Thursday said Thursday that it would change the names of its two semi-submersible drilling rigs West Bollsta and West Mira.The two 6th generation offshore drilling rigs, used for drilling operations offshore Norway…
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