The Bureau of Ocean Energy Management (BOEM) has notified companies holding oil and gas leases in federal waters that it is updating financial assurance and risk management requirements to ensure that US taxpayers never have to pay for decommissioning…
Ezion Investments (EIPL), a subsidiary of Singapore's Ezion Holdings, has formed a joint venture agreement with Pacific International Offshore (PIO) to work together to provide additional assets to an existing client, a national oil company…
The partners behind the pioneering European Offshore Wind Deployment Centre (EOWDC), also known as Aberdeen Offshore Wind Farm, have revealed the first of the key suppliers for the project, representing a major step forward for the 11-turbine scheme off Aberdeen Bay…
Offshore exploration could soon be on the agenda in Lebanon after the country's Prime Minister Tamam Salam was asked to place what would be the first licensing round on the agenda of cabinet meetings as soon as possible. The intention…
Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India. The purpose of the work is to gather site specific geotechnical and geohazard data to aid in the design and later installation of wellheads…
OneSubsea has been awarded an engineering, procurement and construction contract totaling approximately US$300 million from Woodside Energy. OneSubsea will supply a subsea production system and a dual multiphase boosting system for the Greater Enfield Project…
BP is saddling up to incur an additional US$2.5 billion charge to resolve the company’s outstanding claims from the disastrous 2010 Deepwater Horizon spill, which brings its total to nearly $62 billion. Image from BP Instagram…
DONG E&P Norge is divesting its shares of five Norwegian oil and gas fields to Faroe Petroleum in a US$70.2 million deal, as Faroe moves to raise $81 million (£60.8 million) to fund the acquisition, as well as accelerate its Brasse discovery towards development…
AusGroup subsidiary MAS Australasia entered into an agreement with Technip Oceania to supply of scaffolding and rope access services on the Shell-operated Prelude floating Liquefied natural gas (FLNG) project. The firm will be responsible…
The US$12 million (€11 million) FORESEA project is bringing together European ocean energy test facilities to help demonstration of tidal, wave and offshore wind energy technologies in real-sea conditions. The project is funded by the Interreg NWE (North-West Europe) program…
The Norwegian Petroleum Directorate (NPD) has carried out four successful ROV (remotely operated underwater vehicle) dives and has acquired depth data (bathymetry) near the Vøring Spur in the western Norwegian Sea. Figure 1…
Senior Centrica Energy executive and former ConocoPhillips executive Colette Cohen is to lead Aberdeen's new Oil & Gas Technology Centre (OGTC). The organization, backed by industry stalwart Sir Ian Wood's Wood Foundation, is setting…
Houston-based Marathon Oil Corp. has achieved first gas production from its new Alba B3 offshore compression platform, offshore Equatorial Guinea, which will help more than double the company’s remaining proved developed reserve base in the West Africa area…
Keppel Offshore & Marine US subsidiary Keppel AmFELS delivered the Uxpanapa jackup to Mexico's Central Panuco, a subsidiary of Perforadora Central. The rig was christened at Keppel AmFELS' yard in Brownsville, Texas. Uxpanapa is the fifth…
Norwegian independent Det norske is gearing up for imminent offshore module installation works on its Ivar Aasen development offshore Norway this month. The firm, which is due to become part of new firm Aker BP, says the the project is on time and budget with planned start-up in Q4…
Subscribe
