Russian oil company Lukoil has launched the second phase of the development drilling campaign at the Vladimir Filanovsky field in the Caspian Sea.The drilling at the Offshore Ice-Resistant Fixed Complex 2 (OIRFC 2) at the large Caspian Sea oil…
Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…
Offshore engineering and installation firm McDermott has teamed up with electrical equipment giant Schneider Electric, and io consulting - a Baker Hughes company - to design carbon-neutral facilities for the upstream oil and natural gas market…
A strengthening Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico production in 15 years, halting most of the region's oil and nearly two-thirds of its natural gas output.An already large and powerful storm, Delta could…
A floating offshore wind supply chain group has been formed in Scotland, as a subgroup of the Scottish DeepWind supply chain cluster, looking to ensure that the local firms benefit from the nascent but growing floating offshore wind industry…
Oil firms and labor officials in Norway are to meet on Friday with a state-appointed mediator to try to end a strike that threatens to cut output from western Europe's biggest oil and gas producer by some 25%.Six offshore fields shut on Monday…
Offshore drilling company Noble Corporation said Thursday it had secured more rig work for its Noble Tom Madden drillship with ExxonMobil in Guyana that should see the rig employed until August 2030.Under the 'commercial enabling agreement' signed between the two companies back in February…
Hurricane Delta raked across the Gulf of Mexico, halting most of the region's offshore oil output on Thursday after energy companies shut-in wells, pulled staff from offshore platforms and began securing coastal processing plants.The storm was about 370 miles (595 km) south of Cameron…
Singapore's Keppel Offshore & Marine Ltd (Keppel O&M) said Friday it had secured a contract valued at approximately S$600 million (USD 442 million) in the offshore renewable energy industry.Sharing the news on Friday, Keppel gave little details on the client and the type of order…
Offshore wind farm developer Ørsted has appointed Patricia DiOrio as its new head of project development in the U.S.Ørsted said Thursday that DiOrio would be based in Boston, and lead the company’s North American Offshore Project Development team…
World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits…
Denmark's government urged political parties to discuss the future of oil and gas extraction in the North Sea after Total withdrew from the latest licensing round, the Ministry of Climate, Energy, and Utilities said on Thursday.'Total, which is the North Sea's largest operator…
Danish offshore wind turbine transportation and installation company Swire Blue Ocean (SBO) is getting ready for listing on the Oslo Stock Exchange, to position the company for the next phase of its growth.Also, Swire Blue Ocean, as a subsidiary of Swire Pacific Offshore…
A strike by oil workers in Norway could cut output from western Europe's biggest oil producer by almost a quarter, operators have warned, though the striking union said a resolution remained possible.Widening strike action raised the prospect…
UK-based well integrity and production optimization firm Coretrax said its ReLineWL expandable straddle has recently enabled a Gulf of Mexico operator to troubleshoot an inoperable safety valve, passing through a restriction that conventional straddles could not pass through…
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