Oslo-listed oil and gas company BW Energy's recently announced offshore oil discovery in Dussafu Block in Gabon is smaller than expected.The company in August said it had discovered oil in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block…
Offshore drilling contractor Noble Corporation has sent a force majeure notice to its client Shell over the Noble Globetrotter II drillship contract after the rig was damaged earlier this week in the U.S. Gulf of Mexico in severe weather during Hurricane Ida…
Norwegian offshore vessel owner Solstad Offshore said Friday it had secured contracts for seven platform supply vessels.Without sharing the client identity Solstad Offshore said the new medium-term contracts were secured in West Africa. Solstad…
Energy industry services firm TechnipFMC said Friday it had sold a 9.9% stake in Technip Energies to Hal Investments for €196.2 million (~$233 million).Technip Energies was created in February 2021 after TechnipFMC completed its spin-off transaction to create two independent…
The Norwegian government has set aside 82.7 million crowns ($3,86 million) to support Ocean Gird, a project that looks to develop new technology and solutions to enable a profitable development of offshore wind on the Norwegian continental shelf…
Oil major Shell said Thursday its U.S. Gulf of Mexico West Delta-143 (WD-143) offshore facilities had been damaged by Hurricane Ida.Shell observed damage during a flyover of its assets in the path of Hurricane Ida.'When it is safe to do so,…
- U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains.Ports were reopening and some pipelines restarted as companies completed post-storm evaluations…
The U.S. Coast Guard is investigating damage to a Noble Corp drillship hit by Hurricane Ida while operating in the Gulf of Mexico, a spokesperson said on Thursday.Nine crew members suffered minor injuries when the storm hit on Sunday, Noble said…
Brazilian oil company Petrobras has sold its remaining stake in the Lapa offshore oil field in Brazil's Santos Basin to the French oil firm TotalEnergies.The Brazilian national oil company said Wednesday said that the deal was concluded with the payment of $49…
Offshore vessel owner Bourbon has secured a contract with Shell to provide international freight forwarding, integrated logistics services, and platform supply vessel services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé…
Solstad Offshore has won a contract for the construction support vessel Normand Tonjer.The Norwegian offshore vessel owner said the new two-year firm contract would keep the vessel busy until October 2023. The 95-meter long vessel has been working for the same client since 2018…
Energy intelligence firm Wood Mackenzie has shared that Ithaca Energy has made an oil discovery at Fotla prospect in the UK North Sea, labeling it 'a ray of light' in what’s been a tough year for UK exploration activity, with 2021 on track for the fewest number of completed wells since the 1960s…
Offshore installation specialist Subsea 7 on Thursday announced the proposed executive team for Seaway 7, the company set to be created through the merger of OHT and Subsea 7's renewables business unit, as proposed in July 2021.Seaway 7, an offshore wind installation giant in the making…
Chinese offshore drilling company COSL is set to sign an integrated drilling contract with Empyrean Energy to drill the Jade exploration well on Block 29/11, offshore China. The drilling is expected to start in December, Empyrean said Thursday…
Swedish oil and gas firm Lundin Petroleum has received approval from the Norwegian authorities to start up its Solveig field in the North Sea. offshore Norway.Expected to start production this autumn, Solveig will produce from subsea production facilities tied into the Edvard Grieg field…
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