Nigeria-focused oil company Addax has extended the charter for the Yinson-owned FPSO Adoon for another three months, pending discussion for a potential longer-term deal.'Unless otherwise expressly defined in this announcement, terms and expressions…
Independent gas company DeNovo Energy, a subsidiary of the Proman Group, has made its first commercial supply of natural gas from the Iguana field in Block 1(a) off the coast of Trinidad and Tobago.According to a release from the company, DeNovo…
China’s first multi-purpose offshore vessel “Offshore Oil 286” has won the top 20 national excellent ocean engineering projects selected by China Consultant Association of Ocean Engineering.The deepwater engineering ship invested and constructed by Offshore Oil Engineering Co…
The owner and operator of platform supply vessels (PSVs) Nordic American Offshore (NAO) has informed that its project to combine with Horizon Maritime Services has been called off.A stock exchange announcement from the Bermuda-based company said: 'The contemplated business combination…
The second annual global Maritime Training Insights Database (MarTID) survey examines the impact of the autonomy trend in maritime operations on the training of future ‘seafarers,’ and as of November 26, 2018, the survey is officially ‘open’ for a period of approximately six weeks…
No decision has yet been taken on the types of contract to be offered in Brazil's pre-salt deep water oil auctions, the incoming head of Petroleo Brasileiro SA said on Thursday, adding that fuel price policy is still being discussed.(Reporting by Mateus Maia Editing by Marguerita Choy)
'Little hope of THIS rock ever producing oil,' BP geologist Bill Senior scribbled in 1977 on a note assessing a recent oil discovery in a distant corner of the North Sea.That same rock is today the heart of BP's prized Clair field in the West of Shetland region…
Malaysia's state energy firm Petronas said on Friday production at Kebabangan gas field in the eastern state of Sabah is expected to return to full capacity by August 2019.A gas leak in January resulted in supply disruption at the gas field…
Oil major Total's output will rise to 3 million barrels of oil equivalent per day in 2019, Chief Executive Patrick Pouyanne said on Friday.The company has said its production rate stood at 2.8 million barrels of oil equivalent per day during the third quarter of this year…
Eni CEO Claudio Descalzi on Friday declined to say whether the Italian oil group would bid for the refining unit of Abu Dhabi state-owned oil company ADNOC, but added ENI was 'always interested in things regarding' the Gulf country.Descalzi…
Just a few short years ago, few had heard of Fieldwood Energy. In five short years, the privately-held company purchased properties and assets when Apache, SandRidge and Noble Energy exited the area.Now, Fieldwood says it is the largest leaseholder in the Gulf of Mexico…
Energy giant BP has taken its first oil from the Clair Ridge mega-project in the U.K. North Sea in a “major milestone” that is the culmination of many years of work.Clair Ridge, the second phase of the development of the Clair Field, 75 kilometers west of Shetland…
UK-based oil products company Ineos Oil and Gas UK has completed a project to re-route production from its Clipper South field via the Shell operated Clipper field into the Bacton processing terminal.According to a company release, the USD 80…
The Norwegian Petroleum Directorate (NPD) has granted Eni Norge AS a drilling permit for well 7122/7-7 S, cf. Section 15 of the Resource Management Regulations.The well will be drilled from the West Hercules drilling facility after concluding the drilling of wildcat well for Equinor Energy AS…
Norwegian multinational energy company Equinor Energy has made discovery containing up to 24billion cubic feet of gas in the Barents Sea. Two exploration targets were found, with the first containing between 10 and 20billion cubic feet, the other between one and four billion…