International offshore wind consultancy and advisory firm OWC (Offshore Wind Consultants) has said it will set up an office in Tokyo to support the fast-growing offshore wind market in Japan.'The Japanese government has announced big ambitions…
Dubai's Drydocks World shipyard has started construction of the offshore wind installation vessel for the Dutch company Boskalis.Drydocks World held a steel-cutting ceremony on Monday to mark the start of production on a conversion project for Boskalis B…
Qatari-state owned oil and gas company Qatar Petroleum has signed a farm-in deal with France's Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano basin, offshore Ivory Coast.The two blocks cover an area of approximately 3…
Offshore service provider ODE, part of DORIS Group, has won a duty holder contract from NEO Energy (NEO) for the Babbage field in the Southern North Sea.'This is a significant ODE milestone as the first installation and pipeline operator (duty holder) appointment in the UK Continental Shelf (UKCS)…
Offshore engineering firm Aquaterra Energy has been awarded the Front End Engineering and Design (FEED) contract by DeNovo Energy for a second Sea Swift platform to be located in the Zandolie field, off of the west coast of Trinidad and Tobago…
Norwegian offshore support and subsea service vessel owners DOF and DOF Subsea have reached stand-still agreements with lenders representing to 93% secured debt of DOF companies. The agreement means all payments of principal and interest to…
French oil major Total is pulling out of the agreed acquisition of Occidental Petroleum's Ghana assets.The two companies in 2019 signed a deal whereby Total was to acquire all of the assets of Anadarko in Africa for about $8.8 billion, following the completion of Oxy's takeover of Anadarko…
Norway's PGS has said it will carry out three new seismic surveys off the east coast of Canada this summer, using its Ramform Atlas and the Ramform Titan vessels.PGS said Monday that the new surveys, Blomidon, South Bank, and Torngat Extension…
Lundin Energy has cut its 2020 oil and gas output target after Norway's decision to reduce production along with OPEC+ producers, the Swedish company said on Monday.The company has a 20% stake in the Equinor-operated Johan Sverdrup field, which reached phase-one plateau output of 470…
Norwegian marine seismic surveyor Shearwater GeoServices has won a contract with Apache for a 4D seismic survey with 3D extension over the Forties Field in the UK North Sea.Irene Waage Basili, the CEO of Shearwater GeoServices: 'We are very…
Brazil's state-run Petrobras sees no need for cuts in oil production, executives say, as the market for its crude remains robust in China, while domestic demand for fuel picks up amid social distancing fatigue in Latin America's largest economy…
A group of European energy companies led by Norway's Equinor agreed on Friday to develop jointly a facility beneath the North Sea to store carbon dioxide storage, a technology that helps in the fight against climate change.The Northern Lights carbon capture and storage (CCS) project…
Oilfield services companies have collectively lost almost half of their market capitalization, hit by the combination of the coronavirus pandemic and low oil prices, with offshore drillers, in particular, the most affected, Norway's Rystad Energy has said in its analysis released on Friday…
London-listed The Renewables Infrastructure Group (TRIG) said on Friday it has completed the acquisition of a 36% stake in a 396 megawatt (MW) offshore wind farm in the German North Sea.Commercial operations commenced in June 2019 at the Merkur…
The SeaMar Group said its offshore support vessel Deep Helder has been hired on a six-month contract to support seabed mapping work for MMT. The contract for the 2014-build DP2 survey and ROV vessel will start in July 2020.Leo Balkema, Managing…
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