BP Chief Executive Bob Dudley on Thursday said he intends to remain on the board of Russian oil giant Rosneft despite his plans to step down at BP next year.(Reporting by Olesya Astakhova; Writing by Tom Balmforth; Editing by David Goodman)
A new cutting and sealing tool for the decommissioning sector has been put through its paces in Balmoral Subsea Test Center's submersion tanks in Aberdeen, UK.Accrington-based Allspeeds, manufacturer of Webtool hydraulic remotely operated vehicle (ROV) cutters and systems…
McDermott International announced it has been subcontracted to build subsea production system (SPS) for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal.'Fabrication for both the SPS and subsea, umbilicals, risers…
Engineering consultancy Offshore Wind Consultants (OWC) is setting up a Scottish office in Edinburgh to support the country's offshore wind market.“Scotland is home to many offshore wind development companies and is spearheading floating wind in the UK…
Testing of the W2Power multi-turbine floating offshore wind platform prototype has been completed at the Plocan test site at the Canary Islands in Spain.The Oceanic Platform of the Canary Islands (PLOCAN) said the test was developed between June 2019 and October 2019…
Energy regulator Office of Gas and Electricity Markets (Ofgem) has been 'unable to approve' plans for two huge subsea cables to take energy from the Scottish islands to the mainland.The transmission links from Shetland and the Western Isles…
Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels, said it had been awarded a 6.5-month contract for a K-Class (Small) self-elevating support vessel (SESV).No financial details of the deal were disclosed…
Brazil continues to drive global floating production storage and offloading vessels (FPSOs) deployment with 21 planned and announced FPSOs during the period 2019 to 2025, according to GlobalData.Brazil is expected to deploy a total of 11 planned and ten announced FPSOs by 2025…
Poland's largest utility Polska Grupa Energetyczna SA (PGE) will begin talks with Denmark's Orsted about the sale of a 50% stake in two offshore wind farm (OWF) projects with combined capacity of 2.5 GW the company is developing in the Baltic Sea…
GlobalData revealed that a total of 38 oil and gas discoveries were made globally in Q3 2019.South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019, with eight discoveries each during the quarter…
Sunrise Wind, a joint venture of Ørsted A/S and Eversource Energy, has signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA).Earlier in July 2019, New York selected Sunrise…
Unionized workers at Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, said they will start a general strike on Saturday to press for higher wages as they negotiate a new contract.A group representing 12 oil worker…
Innovative search techniques optimize digital information access for decision-makingSenior management makes strategic decisions based on reliable information that is assembled by support staff. In the aftermath of the big crew change, the makeup…
The Oil & Gas Technology Center (OGTC) has officially launched the third year of its accelerator program, TechX, with the announcement of new industry partner, Equinor.The TechX Pioneer Program – a unique technology accelerator and incubator…
Companies successful in reducing their capex and opex costs in the real world often do so by taking advantage of the digital world.There’s a reason terms like big data, digitalization, artificial intelligence (AI), machine learning and the digital…
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