Norwegian ocean bottom node seismic survey specialist Magseis Fairfield on Friday said it had secured work in the North Sea and in the U.S. Gulf of Mexico.The company had in December said that it had secured the award of a 4D Ocean Bottom Node (OBN) survey in the U…
Norwegian shipowning company Norside has taken ownership of Blue Ship Invest’s platform supply vessel ‘Farland’ and will convert it into a walk-to-work vessel for the offshore wind industry.'The PX121 design by Ulstein has once more proven to be a preferred design for conversions into new segments…
Japanese companies JERA, MODEC, Toyo Construction, and Furukawa Electric have received a notice of acceptance of their joint grant application, under the Green Innovation Fund program of NEDO, to conduct a project to develop cost-reducing technology…
Germany could find itself in a no-win situation if Russia invades Ukraine, pitting Berlin's main gas supplier against its most important security allies.Chancellor Olaf Scholz would face pressure from the United States and other Western allies…
Danish offshore wind giant Ørsted has signed memoranda of understanding with Korean state-owned utilities Korea Southern Power (KOSPO) and Korea Midland Power (KOMIPO) for the development of the 1.6 GW Incheon offshore wind project.The MoU signing…
Oil majors TotalEnergies and Chevron Corp, partners in a major gas project in Myanmar, said on Friday they were withdrawing from the country, citing the worsening humanitarian situation following last year's coup.Shell, in its first public acknowledgment of the move…
Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said.In recent weeks, Secretary of State at the Department of Business…
Woodside Petroleum expects to hike its capital spending by about a third to $4 billion in 2022, as it advances oil and gas growth projects in Western Australia and Senegal as well as steps up efforts to start producing hydrogen.After booking record quarterly sales revenue on soaring LNG prices…
Malaysian FPSO specialist and offshore support vessel owner Bumi Armada has decided to sell its icebreaking vessels operating in the Caspian Sea for Lukoil, in line with its plan to exit the offshore marine service business.Bumi Armada said…
Brazilian oil company Enauta has completed repairs of a production line of the FPSO Petrojarl I FPSO at the Atlanta heavy crude oil field in Brazil, following last week's preventive shutdown of production, however, the company informed on Thursday of a COVID-10 outbreak aboard the floater…
Oslo-listed BOA Offshore has won a new contract in the North Sea for its subsea construction vessel BOA Sub C. BOA Offshore did not say who the client was exactly, apart from saying that it was with a large international contractor for construction and decommissioning projects…
Norway's oil and gas output in December rose from the previous month, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Thursday.Crude oil output increased to 1.84 million barrels per day (bpd) in December from 1.73 million bpd in November…
The heads of state of Brazil, Guyana, and Suriname this week will take the first steps toward forging an infrastructure that would better share the neighboring South American countries' energy and natural resources.Brazil's President Jair Bolsonaro…
Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.Oil prices surged more than 50% last year…
Offshore vessel operator Nortrans has scored a 5-year contract extension with Chevron in Israel for its Nor Naomi offshore vessel.Chevron Med. Ltd, is using the Nor Naomi DP2 IMR/ROV subsea vessel to support the Tamar and Leviathan gas field operations in Israel…
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