BW Offshore announced Firday it has secured another one-year extension for the lease and operation of the floating production storage and offloading vessel (FPSO) Polvo in the Campos basin offshore Brazil.The agreement signed with PetroRio extends the firm period from Q3 2019 to Q3 2020…
The partial government shutdown is increasing the chances of delays in U.S. energy initiatives from the release of President Donald Trump's proposed offshore drilling plan to allowing higher levels of ethanol in gasoline during summer months…
Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil's Petroleo Brasileiro SA, will either save the indebted oil major - or strip it to the bone.Tapped by far-right President Jair Bolsonaro, who took power on Tuesday…
Norwegian oil company DNO has achieved another slight increase to its stake in Faroe Petroleum, it said on Friday as it continues its battle for control of the British business.DNO's combined ownership and bid acceptances now stands at 43.8 percent…
India will start auctioning for 14 oil and gas blocks in its second exploration licensing round on Monday, giving freedom to the companies to carve out areas they want to drill.The blocks together hold undiscovered reserves of about 14,995 million tonnes of oil equivalent…
The Indonesian unit of Chevron Corp produced 209,400 barrels of oil per day (bpd) from the Rokan block in 2018, down from 223,000 bpd a year earlier, Dwi Soetjipto, chairman of upstream oil and gas regulator SKK Migas said.Exxon Mobil produced 209…
Despite stalled negotiations between the White House and Congress over funding for a border wall, forcing a shutdown of the government that started December 22, 2018, certain services remain active, if scaled-back, including some serving the oil and gas industry…
A new oil spill response device capable of cleaning up spills in arctic conditions has been launched in an effort to bolster Norway’s spill preparedness.The new device, dubbed Arctic FoxTail, is a winterized version of H. Henriksen’s standard Foxtail vertical adhesion band (VAB) skimmer…
Spanish manufacturing company Siemens Gamesa Renewable Energy has contracted Associated British Ports (ABP) to provide storage for 37 of its wind turbine blades destined for the Hornsea Project One offshore wind farm.The UK's port group said…
Dubai-based Marine logistics company Topaz Energy and Marine (Topaz) has signed an agreement with a north European contractor for the charter of Topaz's newbuild for offshore wind farms in the North Sea.The contractor will charter Topaz’s newbuild subsea vessel…
Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the Norwegian North Sea, while the Brasse appraisal sidetrack well encountered hydrocarbons.The Aberdeen-headquartered firm said that the Brasse East exploration well 31/7-3 S was drilled to a total depth of 2…
Norwegian oil and gas operator DNO ASA subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in the offshore Oman Block 8 to the Sultanate of Oman's Ministry of Oil and Gas (MOG) and state-owned Oman Oil Company Exploration and Production LLC (OOCEP)…
Newcomer Vår Energi AS revealed Thursday that an appraisal well has uncovered more resources in the Goliat field off Norway.Vår Energi, together with license partner Equinor, drilled the 7122/7-7 S Goliat West appraisal well in PL 229 in the Barents Sea…
Brazil’s oil and gas sector related businesses traded about R$22 billion (about US$5.6 billion) in the last two years. This figure from the National Agency for Petroleum, Natural Gas and Biofuels (ANP) was presented during a ceremony on the balance of advances in the sector…
Marine Coordination Services BV will utilize SeaPlanner software during all operational marine coordination activities for commissioning of the 396MW Merkur Offshore Wind Farm.The marine management system has been selected as part a strategic partnership between U…
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