Malaysian oilfield services company Uzma has received a contract from Medco to provide chemical supply and services for the Bualuang field offshore Thailand.The contract, issued to Uzma’s subsidiary MMSVS, is for three years on a callout basis…
Mocean Energy said Monday it had started testing its Blue X wave energy prototype at the European Marine Energy Centre (EMEC) in Orkney, Scotland, with the device currently generating power. “In the last few days the 20-meter long, 38-tonne…
Energy services provider, Swire Energy Services (SES) said Monday it had invested in Portugal-based wind O&M technology start-up, BladeInsight, becoming a majority shareholding, with options for further future investment.Founded in 2015 by André Moura…
The Biden administration on Friday said it was seeking buyers for offshore wind energy leases in the shallow waters between Long Island and New Jersey as part of its effort to ramp up the share of offshore wind generation over the next decade…
Norwegian oil and gas company Equinor has discovered oil on the Garantiana West prospect in production licence 554, offshore Norway.Recoverable resources are estimated at between 1.3 and 3.6 million standard cubic meters of oil equivalent, corresponding to 8-23 million barrels of oil equivalent…
Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday that its Chinese partners in the Buzios pre-salt oil field will have to pay it $2.94 billion for its prior investment in exploration under the TOR rights to surplus oil found there…
Wave energy technology company Eco Wave Power said Monday that one of its wave energy conversion units had arrived on site at the Port of Jaffa, Israel.With preparations underway for the unit's installation the project is proceeding on schedule…
Oil giant BP, working to reimagine itself and become a wider energy company, has joined Statkraft and Aker Offshore Wind in a consortium bidding to develop offshore wind energy in Norway.The partnership – in which bp, Statkraft and Aker Offshore Wind will each hold a 33…
Swedish oil firm Lundin Energy raised its full-year production forecast on Monday and said output had exceeded forecasts at all its key fields.The company now expects daily output for 2021 to average between 180,000-195,000 barrels of oil equivalent per day (boed)…
Dutch offshore services company Fugro, in partnership with AS Mosley and the University of Strathclyde, has designed a real-time mooring line fatigue tracker for offshore floating wind turbines, minimizing the need for in-person inspections…
Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.Ankara has so far insisted it…
Oil and gas services firm Wood has secured a contract renewal for the provision of engineering, procurement, and construction (EPC) solutions and maintenance to the Hibernia platform off the coast of St. John’s, Newfoundland, and Labrador.The…
Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…
Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the center-right government said as it presented its long-term energy strategy on Friday.Europe's second…
Offshore wind developer RWE said Friday it had started construction of its flagship 1.4 gigawatts Sofia offshore wind farm project in the UK. The Sofia is the largest project currently in construction across the company's entire renewables portfolio…
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