Norwegian partners Kongsberg Maritime, DOF, SINTEF Ocean and NORCE have set out to reduce fuel consumption and greenhouse gas emissions for complex offshore operations, while streamlining fleet-wide maintenance.Enabled through sponsorship and support from Innovation Norway…
The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said.'The oil exploration well will be plugged and abandoned…
Equinor has resumed crude oil loadings from its Statfjord field in the North Sea following a spill last week, the Norwegian oil and gas company said on Monday.Production from Statfjord remains unaffected, and the offloading of crude is now taking place from an alternative buoy on the field…
Brazilian state-owned oil company Petrobras predicts that the pre-salt slice of its total oil production will rise from the current 49% to up to 60% this year. The company's director of Exploration & Production, Carlos Alberto Pereira de Oliveira…
Federal Minister Philippe De Backer and Minister Marie Christine Marghem visited the Modular Offshore Grid (MOG), the switchyard platform in the North Sea that will soon bundle together cables from offshore wind farms and connect them to the mainland…
Malaysian integrated oil and gas services company Sapura Energy Berhad has been awarded five new contracts valued at approximately RM1.3 billion ($US311 million).All five contracts have been awarded to the Sapura’s wholly owned subsidiaries…
The provider of temporary power and engineering solutions, UK-based Manor Renewable Energy (MRE) to provide the full temporary power package of generators, personnel and vessels, during the turbine installation phase of the East Anglia ONE offshore wind farm…
Namibia marine diamond mining company, Debmarine Namibia announced that its Board of Directors have approved the construction of the world’s first ever custom-built diamond recovery vessel.The new vessel is expected to cost US$468 million and…
On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said.'Currently we see unplanned outages at Oseberg and Flotta with combined impact of 160…
Belgium-based DEME Offshore announced Friday it has been awarded a contract worth approximately €200 million ($223.3 million) for the transportation and installation of 165 foundations and turbines at Ørsted’s Hornsea Two offshore wind farm in the UK…
Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch Shell Plc, the government said on Friday…
Russian state gas producer Gazprom has discovered two new offshore fields in the Yamal region with total reserves of more than 500 billion cubic meters (bcm), the company said on Friday.The fields are located in the Kara Sea and hold 390.7 bcm and 120…
A “potentially revolutionary” new offshore wind foundation is being put to the test, says hydraulic engineering and offshore renewable energy specialist HR Wallingford.The company is working with partners Offshore Design Engineering (ODE), DNV-GL…
Authorities say they have finally contained a 14-year oil spill in the US Gulf of Mexico.The US Coast Guard said it worked alongside a team of contractors to deploy a subsea system that successfully contains and collects oil being discharged…
BP will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry to do more to clean up its act.After BP's 2018 carbon emissions rose to their highest in six years…