North American brownfield redevelopment firm Commercial Development Co. Inc. (CDC) has announced an expanded port operations agreement at the Brayton Point Commerce Center, a former Massachusetts coal plant being redeveloped into an offshore wind hub…
Norway-based global maritime industry group Wilhelmsen Ship Management (WSM) has announced the acquisition of a 50% stake of NorSea Wind and it’s subsidiaries to expand its offerings in the the renewable wind energy market.NorSea Wind, founded in 2016 as a subsidiary of Norsea Group…
Offshore scientific services company TDI-Brooks International said on Tuesday it has completed two Environmental Baseline Studies (EBS) for ExxonMobil offshore Guyana.The US supermajor is operator of several blocks offshore Guyana, including Canje…
The role of the UK’s offshore oil and gas industry in enabling the country’s transition to a lower carbon future was underlined at an industry conference in Aberdeen on Tuesday.More than 400 delegates from across the sector attended OGUK’s Industry…
Italian supermajor Eni announced Tuesday it has signed contracts for a pair of new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The two blocks were among 20 available at the end of 2018.The two blocks…
US-based Murphy Oil Corporation announced that its has completed its $1.227 billion acquisition of deepwater Gulf of Mexico assets from compatriot oil and gas company LLOG.Murphy Oil President and CEO, Roger W. Jenkins, said, “We are excited…
Royal Dutch Shell on Tuesday said it expects to increase its dividend payouts to shareholders once it completes a $25 billion share buyback by the end of 2020.The world's second largest oil and gas company also expects its free cash flow - cash…
Oil and gas producer Occidental Petroleum Corp said on Tuesday the U.S. Federal Trade Commission has granted approval for its proposed $38 billion deal to buy Anadarko Petroleum Corp.The waiting period required for companies under the Hart-Scott…
Classification society DNV GL reports it has signed a contract for the first Cyber Secure class notation with Stena Drilling. The contract covers the application of the “Basic+” notation to the drillship Stena IceMAX and includes the vessel’s dynamic positioning…
Norway's Petroleum Safety Authority has given the green light to Cairn subsidiary Capricorn Norge to drill a well in block 6508/1 in the Norwegian Sea.The consent applies to the drilling of exploration well 6508/1-3 in a prospect named Lynghaug…
Thirty companies have acquired acreage in the UK 31st Offshore Licensing Round, the country’s Oil and Gas Authority (OGA) announced on Tuesday.In all, 37 licence areas were awarded over 141 blocks or part-blocks to a broad spectrum of companies…
Oil company Aker BP has awarded Norwegian testing, cleaning and inspection service provider IKM Testing a frame agreement that includes most of IKM Testing’s core services. The duration of the frame agreement is six years plus an option period…
Norwegian oil workers struck a wage deal with employers on Tuesday, averting the outbreak of a strike that would have cut production by 440,000 barrels of oil equivalents per day (boed), the Norwegian Oil and Gas Association (NOG) announced…
Oil firm Aker BP has come up dry in the Freke-Garm exploration well in the North Sea, the Norwegian Petroleum Directorate said on Tuesday.The wildcat well 15/6-15 was drilled by the Deepsea Stavanger drilling facility, about 15 kilometers northeast…
French energy group Total will start up the Culzean field in the British North Sea within days, the group's UK Exploration and Production Chief Jean-Luc Guiziou said on Tuesday, shortening the timeline for the project.Culzean, part of Total's acquisition of Maersk's oil and gas portfolio…
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