Offshore equipment and engineered solutions provider Gulfstream Services International (GSI) said it has moved into its new Aberdeen headquarters as part of an effort targeting expansion in the North Sea and beyond.The firm has expanded into an 8…
New currency controls enforced by the Bank of Central African States (BEAC) could ruin the oil and gas industry in the Gulf of Guinea and 'destroy' Equatorial Guinea's economy, the country's oil minister told Reuters on Wednesday.Equatorial Guinea…
BP PLC, Chevron Corp and Royal Dutch Shell PLC are among firms that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.Combined, the minimum…
Eni is not concerned about escalating tensions between Cyprus and Turkey over the question of offshore drilling and would seek to stay clear of any conflict, the Italian oil and gas group's Chief Executive said on Thursday.'I'm not worried,' Claudio Descalzi said at a conference in Rome…
Dubai-based Offshore drilling contractor Shelf Drilling has received an award for a three-year contract for the Trident II jack-up rig.The Oil and Natural Gas Corporation (ONGC) award was for operations in the Mumbai High, offshore India. Operations are expected to start in 1Q 2020…
UK based high voltage engineering company EDS HV Group has provided grid connection system studies to the 50MW Kincardine floating offshore wind farm off Scotland's Aberdeen coast.EDS was contracted by Spanish developer and construction company…
Japanese energy group JERA, , a joint venture between Tokyo Electric Power and Chubu Electric Power, has agreed to acquire a 49% stake in the 376MW Formosa 2 project being developed off the west coast of Taiwan.Completion of the transaction is subject to regulatory approvals…
The Crown Estate, which acts as manager of the seabed around England, Wales and Northern Ireland, has hosted a Round 4 bidders day to give offshore wind developers further insight into how it will run the 7GW seabed rights auction.More than…
Formosa 1 announced that the installation of all 20 wind turbines for phase 2 of the project has now been completed.Formosa 1 is the first commercial-scale offshore wind farm in Taiwan and will be able to supply 128,000 households with clean power…
A new tool designed to help reduce the cost of decommissioning is being developed by Aberdeen-based oil and gas technology company Deep Casing Tools (DCT) in collaboration with the Oil and Gas Technology Center (OGTC) and Total.The UK is expected…
The offshore oil and gas sector urgently needs a comprehensive strategy to ensure that the risks of dropped objects are mitigated effectively prior to and during decommissioning. If mismanaged, drops may result in safety risks for personnel…
Maersk Supply Service said it will provide an integrated mooring lines life extension solution for Shell’s floating production, storage and offloading unit (FPSO) Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro…
Martin Wiese has been appointed to lead the protective and industrial business areas for worldwide coatings manufacturer Hempel. These two business segments, which deliver around half of Hempel’s total turnover, cover oil and gas, wind power…
Universal Subsea Inc. (USI) announced that its patent-pending Defender subsea isolation cap was installed to the Bulleit subsea well, operated by Talos Energy in the Gulf of Mexico at a water depth of 1,300 feet.The lightweight, thermoplastic cap was landed…
Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has completed sea trials in Norway, the manufacturer announced on Wednesday.The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range…
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