Latest News

 

SEA-KIT to Expand Fleet with New 12m USV

few minutes ago

Uncrewed surface vessel specialist SEA-KIT International has announced plans to build another of its X-class, 12m USVs as a fleet vessel for launch in 2022.  This build, the sixth X-class to be constructed at the company’s Essex base, will pave…

NEO Energy Wraps Buy of Exxon's UK North Sea Fields

few minutes ago

NEO Energy has completed the previously announced acquisition of a portfolio of non-operated oil and gas assets in the UK Central and Northern North Sea from ExxonMobil. The company made the announcement on Wednesday.North Sea-focused oil company…

Aker Solutions to Deliver Fifth Subsea Compression Module for Equinor's Åsgard Field

few minutes ago

Norwegian firm Aker Solutions has won a contract with Equinor to deliver engineering, procurement, and construction (EPC) of a subsea compression module to be installed subsea at the Åsgard gas field, offshore Norway. The scope covers EPC of…

'Largest' HALT Test Rig for Offshore Wind Nacelle Testing Launched in Denmark

1 hour ago

Danish engineering firm R&D Test Systems has said it has designed and delivered the world’s largest, most powerful highly accelerated lifetime testing (HALT) test bench for wind turbine nacelles at the Danish test center Lindø Offshore Renewables Centre (LORC)…

Gazprom Neft Expects Record Production This Year

1 hour ago

Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects its hydrocarbon production to exceed 100 million tonnes of oil equivalent this year, reaching a record high, it said on Thursday.Gazprom Neft had aimed to reach the 100 million…

UK Court Hears Climate Case Against Tax Regime for Oil Firms

1 hour ago

Climate activists, including a former oil refinery worker, accused the UK government in the high court on Wednesday of illegally subsidizing fossil fuel producers through tax incentives which undermine its climate goals.Climate activists are…

PGNiG Drills Duster at Fat Canyon Prospect Offshore Norway

1 hour ago

Polish oil firm PGNiG has drilled a dry well in the production licence 937, in the Norwegian Sea.The well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - was drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…

TotalEnergies Sells Gabon Terminal, Offshore Fields to Perenco for $350M

2 hours ago

French oil major TotalEnergies has completed the sale of the Cap Lopez Terminal and non-operated offshore field in Gabon to Perenco.'After receiving the approval of  Gabonese authorities, TotalEnergies announces the closing of its agreement…

North Star Clinches More SOV Work at Dogger Bank Offshore Wind Farm

2 hours ago

UK-based offshore vessel owner North Star Group has won another service operations vessel (SOV) contract at the Dogger Bank wind farm, this time for the third phase.North Star Group said Thursday it had secured a long-term charter worth about £90 million ($118…

Offshore Drilling Firm Valaris Hands Dibowitz Permanent CEO Role

3 hours ago

Offshore drilling company Valaris has appointed Anton Dibowitz as President and Chief Executive Officer.Dibowitz, a former Seadrill CEO, has been serving as interim President and Chief Executive Officer of Valaris since September 3, 2021, after the previous CEO Tom Burke stepped down…

AKOFS Offshore Wins Three-year Petrobras Contract for 'Skandi Santos'

3 hours ago

Oslo-based subsea well intervention and installation services company AKOFS Offshore has signed a three-year contract with Brazil's Petrobras for its vessel Skandi Santos.Under the contract, the Skandi Santos will perform a broad scope of subsea services in Brazil…

ConocoPhillips Sells Indonesia Assets in Asia-Pacific Revamp

3 hours ago

U.S. oil and gas producer ConocoPhillips will quit Indonesia, selling its assets there for $1.355 billion to domestic energy company Medco Energi Internasional, and beef up in Australia as it continues to reshape.The deals follow ConocoPhillips move to double down on U…

Financial Close Reached for 298MW Offshore Wind Project in Taiwan

Dec 08, 2021

The Zhong Neng offshore wind project in Taiwan has reached financial close, Copenhagen Offshore Partners said Wednesday.The process for reaching financial close on the Zhong Neng project started 14 months ago and the large-scale offshore wind project will now be financed through CI IV…

Stena Drilling Confirms Samsung Drillship Deal

Dec 08, 2021

Just a few days after South Korea's shipbuilder Samsung Heavy Industries said it had found a potential buyer for a drillship originally ordered in 2014, without revealing the buyer's name, drilling firm Stena Drilling confirmed the deal on Tuesday…

OMV Petrom Could Delay Black Sea Gas Project FID Pending Tax Change

Dec 08, 2021

Romanian OMV Petrom could postpone a final investment decision over its Black Sea deep water gas project until 2023 if lawmakers do not amend an offshore law by the end of this year as agreed, its chief executive said on Wednesday.OMV Petrom…

Current News

SEA-KIT to Expand Fleet with New 12m USV

SEA-KIT to Expand Fleet with New 12m USV

NEO Energy Wraps Buy of Exxon's UK North Sea Fields

NEO Energy Wraps Buy of Exxon's UK North Sea Fields

Aker Solutions to Deliver Fifth Subsea Compression Module for Equinor's Åsgard Field

Aker Solutions to Deliver Fifth Subsea Compression Module for Equinor's Åsgard Field

'Largest' HALT Test Rig for Offshore Wind Nacelle Testing Launched in Denmark

'Largest' HALT Test Rig for Offshore Wind Nacelle Testing Launched in Denmark

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