Norwegian oil producer Equinor has started a search for a new chief executive, the Stavanger Aftenblad newspaper reported on Friday, citing unnamed sources.CEO Eldar Saetre, 63, who led the company through the oil market's downturn in 2014-2016…
Woodside Petroleum on Friday raised its estimate for dry gas reserves at its Scarborough project, increasing hopes the development will help drive the company's growth in the next decade.Woodside said it now put the estimated gross contingent…
The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department…
Singapore's Sembcorp Marine has delivered the Q7000 semisubmersible well intervention rig to Helix Energy Solutions Group.The Q7000 is expected to commence its first project in January next year, providing subsea services off the coast of Nigeria…
Brazil's state-run oil firm Petrobras, which dominated this week's disappointing offshore oil auctions, has no interest in farming out its Buzios block to be operated by another firm, its head of exploration and production said on Friday.Major…
GE Renewable Energy has generated first power from its 12MW Haliade-X prototype - the world's largest and most powerful wind turbine - located at Maasvlakte, the Port of Rotterdam.According to GE, local teams will now proceed with the testing phase…
Dutch offshore wind equipment specialist Huisman has been selcted by Royal Boskalis Westminster to deliver a 4,000mt Offshore Mast Crane (OMC) to be installed on their crane vessel Bokalift 2.'This commitment reinstates Boskalis’ confidence…
APEM, the European aquatic and environmental consultancy specializing in freshwater and marine ecology and aerial surveys, has begun conducting its first ever aerial surveys at the Thang Long 3.4GW offshore wind project (OWP) in Vietnam.'APEM has won a contract with Enterprize Energy…
Norwegian offshore support vessels (OSV) operator Solstad Offshore has entered into a new contract with the compatriot oil and gas company Equinor for the hire of anchor handling vessel (AHTS) Normand Ferking.The duration of the contract is 1 year firm…
Taiwanese marine joint venture (JV) company CSBC-DEME Wind Engineering (CDWE) has signed two contracts for the transport and installation of foundations and turbines at the 300MW Zhong Neng offshore wind farm (OWF).The JV between Taiwanese outfit…
Norwegian offshore seismic service provider Shearwater GeoServices Holding has been awarded a 3D seismic survey in the Eastern Mediterranean.The one-month survey would be executed in the fourth quarter of 2019, the global provider of 3D marine seismic data acquisition…
West of Shetland production likely to overtake North Sea for Shell and BP’s UK portfolios by 2020, said a report.Over the last four years oil and gas production in the West of Shetlands has risen and with that, a growing relevance for the biggest…
PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva oil and gas field (formerly Cara) is located in the Norwegian sector of the North Sea at a water depth of 360m…
Denmark-based Ørsted A/S, offshore wind giant, is expanding rapidly in the US within the development and construction of offshore and onshore wind power as well as solar PV.The growing portfolio enables Ørsted to increasingly trade the green power generated by the wind and solar farms…
Repsol will acquire a 20% nonoperated interest in the Monument prospect that oprator Equinor is drilling in the Northwest Walker Ridge area in the deepwater Gulf of Mexico, Equinor said in an announcement on Thursday.The Norwegian energy copany…
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