Italian oil major Eni and France's Total were among the successful bidders for rights to develop three offshore blocks in Angola out of 10 auctioned late last year, the country's petroleum regulator said on Thursday.Eni and Total won operator…
The Canadian offshore safety regulator for Newfoundland and Labrador C-NLOPB has ordered oil company Suncor to install fall-protection systems on ladders aboard its Terra Nova FPSO.The order comes two weeks after a worker aboard Suncor's Terra…
Norway's Equinor has been given regulatory approval to drill in a block in the Norwegian sector of the North Sea using a Seadrill drilling rig.The Petroleum Safety Authority Norway has given its consent for exploration drilling in the block 30/2…
From their base deep within a former World War II U-boat pen, Norwegian outfit, OceanTech, is developing a set of robot tools that cling to offshore structures in order to effect inspection, maintenance and repair, or IMR. Old submarine anchorages are now subsea testing and training sites…
Technical problems cut the oil output from Eni's Arctic Goliat field off Norway by almost 40% during the first ten months of last year, although the issues have since been resolved, the Italian company's local unit told Reuters.The field, which started production in March 2016…
The oil and gas industry might lose the social license to operate, and if it doesn't act quickly on helping solve the climate change problem, there may be no second chance.Tim Eggar, the Chairman of the UK Oil and Gas Authority (OGA) addressed…
Australia's Woodside Petroleum posted a nearly 7% rise in fourth-quarter production on Thursday and forecast higher output for fiscal 2020, as it steps up work on growth projects in a bid to triple its oil and gas reserves over a decade.The…
Extinction Rebellion movements' climate protesters have blocked entry to Shell's offices in Aberdeen.'At 6.30 am this morning, ExtinctionRebellion Scotland blocked all entrances to the headquarters of the oil giant on Altens Farm Rd in the European Oil Capital Aberdeen…
Malaysian FPSO leasing specialist Yinson has signed another short-term charter extension for the Lam Son FPSO offshore Vietnam.Yinson's Vietnam JV PTSC AP on Wednesday, January 15, entered into an eighth FPSO contract extension for the FPSO with PTSC…
Abu Dhabi-based offshore energy services firm GMS has raised its 2020 EBITDA guidance compared to its 2019 outturn, citing new contracts and cost cuts.'Guidance for 2020 EBITDA is in the range of $57 - $62m, compared to an expected 2019 outturn…
London-listed oil company Tullow Oil will most likely not be drilling any wells offshore Guyana in 2020.In its trading update on Wednesday Tullow said it expected to report pretax impairments and exploration write-offs of around $1.5 billion…
Norway's PSW Group has taken over the operation of the former EMAS spoolbase located in Gulen Industrial Harbor, Western Norway. In a statement on Wednesday, PSW Group said the agreement to take over the spoolbase covered all activities related…
A London arbitration tribunal has ordered offshore drilling company Pacific Drilling to pay $320 million to Samsung Heavy Industries for a 2015 drillship order cancellation.Pacific Drilling had ordered the Pacific Zonda ultra-deepwater drillship from Samsung in 2013…
Brazilian oil company Petrobras is looking to sell two sets of deepwater concessions offshore Brazil.The company on Wednesday started the opportunity disclosure stage for the sale of its entire stake in the deepwater concessions Golfinho Cluster and Camarupim Cluster…
A consultancy firm that allegedly arranged a fraudulent $184 million loan announced by Nigerian oil company Lekoil Ltd said on Wednesday that it welcomed an investigation into the matter.Shares in Lekoil Ltd fell by more than 70% following a…
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