Aker Solutions said Tuesday evening that its subsidiary CSE in Brazil had become the victim of a cyberattack that had impacted its IT systems. 'Aker Solutions is working to contain and neutralize the attack, but does not yet know the full extent of the situation…
Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged…
The Australian offshore oil and gas safety regulator NOPSEMA has accepted Santos' Offshore Project Proposal (OPP) relating to the Dorado project, one of the largest ever oil discoveries in Australia’s North Western Shelf.'Acceptance of the OPP…
The global oil and gas industry's profits in 2022 jumped to some $4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency (IEA), Fatih Birol, said on Tuesday. Despite those profits, countries…
Shallow water drilling company Borr Drilling has secured contracts and extensions for three jack-up drilling rigs: Ran, Gerd, and Natt.Borr Drilling said on Monday that the contracts added about 625 days to its firm backlog.The premium jack…
Floating Energy Allyance (FEA), comprising of BW Ideol, Elicio, and BayWa r.e., has appointed Ocean Infinity to carry out an initial geophysical and geotechnical site investigation at its Buchan floating offshore wind project, 75 km to the northeast of Fraserburgh…
Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, has awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project.The Snøhvit…
As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…
Egypt's gas production is set to remain stable in the current year at 6.4 billion cubic feet (bcf) per day, but the country has ambitious offshore exploration plans, the head of state-run operator EGAS said on Tuesday.'For 2024 and 2025, we have a very good…
DNV is launching a project to develop a decision tool and reference for stakeholders to use during the specification, design, manufacture, procurement, and approval of any equipment intended for the installation and decommissioning of bottom-fixed wind turbines…
NATO should hold an emergency meeting to discuss recent findings about September explosions at the Nord Stream gas pipelines, Russia's Foreign Ministry spokeswoman Maria Zakharova said late on Saturday.Investigative journalist Seymour Hersh…
Norwegian offshore vessel owner Rem Offshore has secured a charter contract with ASSO Subsea for its newbuild CSOV Rem Power.The vessel will support the construction phase of offshore wind farms, providing welfare and transfer services to personnel…
Subsea 7's renewable energy focused subsidiary Seaway 7 said Tuesday it had won a large offshore wind contract. For Seaway 7, “large” contracts are worth between $300 million and $500 million.The client hasn't been named, but the contract is…
After canceling its order for the vessel years ago, Østensjø Rederi has now announced that it will manage and operate the flotel Edda Fortis.The Norwegian offshore vessel operator, through its subsidiary Edda Accommodation ordered the Edda Fortis from the Hyundai shipyard in 2013…
Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at Energean's Karish offshore field. 'For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets…