Equinor's exploration well drilled near its Korpfjell gas find in the Norwegian Arctic has proved to be dry, Norway's Petroleum Directorate said on Monday, in an area near the Russian offshore border the company had hoped would be oil rich.This…
Canadian-based Atlantic Towing Limited said it has entered into a contract with Norwegian builder Havyard Ship Technology for the purchase of a Havyard 833 WE platform supply vessel (PSV), the Atlantic Harrier, for delivery in April 2020.Designed and built by Havyard Ship Technology…
Greece and Cyprus will push their EU partners to penalize Turkey, including the possible option of sanctions, if Ankara is verified to have started drilling for gas west of Cyprus, Greek Prime Minister Alexis Tsipras said on Sunday.The discovery…
Europe’s offshore wind market is growing faster than anyone expected – not least in terms of the components being installed. Could this mean a challenge for the existing installation fleet?While offshore wind is seen by many as a maturing market in Europe…
Equinor announced on Monday that it has discovered oil and gas in separate formations of cut by the same well, and all indications are that a new oil-heavy play in a Norwegian Sea gas province may create a rush to oil if the area’s notoriously splintered geology can be mastered…
Brazilian state-run oil firm Petroleo Brasileiro SA has made natural gas discoveries in six deepwater fields in the Sergipe Basin, it said in a regulatory filing on Monday.Petrobras said it is now looking at drawing up a budget plan to finance…
Equinor and its partners Ineos E&P and Faroe Petroleum have made an oil and gas discovery in exploration well Snadd Outer Outer/Black Vulture in production licence 159B in the Norwegian Sea. The well had two different reservoir targets; an upper…
Australia's Transborders Energy announce it has entered into a Joint Study Agreement with Japanese utility Kyushu Electric Power Co., Inc. and its affiliate Kyushu Electric Australia Pty Ltd (Kyushu). The Joint Study Parties will work together…
German offshore foundations manufacturer Steelwind Nordenham has received an order from YunNeng/wpd for its 640MW Yunlin Offshore Wind Farm (OWF) in Taiwan.The order is for 40 monopiles, as well as 120 segments for Formosa Heavy Industries (FHI)…
France's state-owned utility, EDF, and its consortium partners Canada's Enbridge and Germany's Innogy has won a contract for a major 600 megawatt (MW) offshore wind project near Dunkirk in western France, Environment Minister Francois de Rugy said…
Thailand-based offshore drilling services company Mermaid Maritime Public Company said that its subsidiary Mermaid Subsea Services Thailand (MSST) has entered into a $65 million loan deal with the Export-Import Bank of Thailand (Exim).As per…
In both 2018 and the start of 2019, Harvey Gulf made no secret that they were exploring possible merger and acquisition opportunities. Their first major play was a merger proposal with fellow US owner GulfMark, who at the time was in discussions to merge with US OSV behemoth Tidewater…
Marine geoscience companies CGG and Shearwater GeoServices earlier this month signed a binding term-sheet for a strategic partnership for marine seismic acquisition services and creation of a new streamer technology company.Under the agreement…
French President Emmanuel Macron urged Turkey to stop 'illegal activities' in Cyprus's exclusive economic zone and said the European Union would not back down on the issue.European Union members have pressured Turkey to drop its plans for offshore…
The original accommodation platform (QP) topside at Valhall in the southern part of the North Sea has been removed by Allseas' giant multipurpose heavy-lift construction vessel Pioneering Spirit, the field's operator Aker BP announced on Friday…
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