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Gallery: BP's Giant Argos Platform Arrives in Texas

Apr 13, 2021

BP's behemoth Argos offshore oil platform, the centerpiece of the company's $9 billion Mad Dog 2 project in the U.S. Gulf of Mexico, has arrived in the U.S. after a 16,000-mile journey from South Korea.The platform, loaded onboard Boskalis' BOKA Vanguard heavy transport vessel…

One-Year Extension: Petrofac to Keep Servicing NEO Energy's North Sea Assets

Apr 13, 2021

Oilfield services company Petrofac has secured a one-year extension to its integrated services contract with NEO Energy in the UK North Sea.'The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations…

NJ's PSEG Wraps Buy of 25% in 1,1GW U.S. Offshore Wind Project from Ørsted

Apr 13, 2021

Offshore wind developer Ørsted has completed the sale of a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG).Ocean Wind is a 1,100 MW offshore wind farm located 15 miles off the coast of southern New Jersey…

Woodside CEO Coleman to Retire in June

Apr 13, 2021

Australian oil and gas company Woodside said Tuesday its CEO Peter Coleman would retire from the company on June 3, 2021.'This follows the announcement in December 2020 of Mr. Coleman’s intention to retire from Woodside in 2021, by which time Mr…

Kosmos Energy Exploration Head Moves to Apache

Apr 13, 2021

Oil and gas company Apache has appointed Tracey K. Henderson as its Senior Vice President, Exploration. Henderson joins the company from Kosmos Energy, where she served as Chief Exploration Officer. 'While at Kosmos, she contributed to the discovery of the Jubilee Field offshore Ghana…

Saipem Bags Additional Offshore Work in Qatar Worth $350M

Apr 13, 2021

Qatari gas company Qatargas has awarded additional work to Italy's Saipem within the North Field Production Sustainability Offshore Project, following a $1.7 billion contract announced in February.Qatargas has now exercised two options for additional work under the project…

Nexans Awards $23,5M ROV Contract to IKM Subsea

Apr 13, 2021

Nexans Norway, a company building and installing subsea cables for the international offshore energy industry, has signed a  ROV services contract with ROV specialist IKM Subsea.Under the contract, IKM Subsea, based in Bryne, Norway, will deliver ROV services on vessels Nexans Skagerrak…

Petrobras Shareholders Pave Way for New CEO

Apr 13, 2021

Shareholders in Brazil's Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among some investors threatens to drag out the transition process…

Wind Turbine Blade Services Providers GEV and WPL Merge

Apr 12, 2021

U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab (WPL), a Danish firm providing intelligent technology based blade solutions to wind park operators.GEV provides field blade repair…

Bordelon Marine Announces Leadership Promotions

Apr 12, 2021

Lockport, La. based offshore support and subsea services provider Bordelon Marine said it has promoted Mike Belanger to chief operating officer and Chris Martin to general manager.Having served as Bordelon's general manager for 15 years, Belanger…

At Brazil's Petrobras, a 'Spartan' Military Man Takes the Reins

Apr 12, 2021

For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was unexpected - and unwelcome.President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA…

Bosch Rexroth Presents "Disruptive" Electric Subsea Valve Actuator

Apr 12, 2021

Bosch Rexroth said Monday it would present 'a disruptive innovation' for electrically actuating valves in the subsea process industry at Hannover Messe (April 12-16, 2021). 'The new SVA R2 Subsea Valve Actuator is the world’s first electric…

ADM, Eunisell Exploring Barracuda Field Development Options

Apr 12, 2021

Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141,  an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria, has signed a…

Lebanon Expands Claim in Maritime Area Dispute with Israel

Apr 12, 2021

A senior cabinet minister said on Monday he had signed a document expanding Lebanon's claims in a row with Israel over their maritime border that has held up hydrocarbon exploration in the potentially gas-rich area.The amendment would add around 1…

Independent Oil and Gas Starts Drilling at Elgood

Apr 12, 2021

Independent Oil and Gas plc, the UK-based company working to develop its Phase 1 project in the Southern North Sea, has started drilling at the Elgood development well, 48/22c-H1.Elgood is the first of five planned development wells in IOG's…

Current News

Aker BP Extends Scarabeo 8 Contract for Offshore Drilling in Norway into 2028

Aker BP Extends Scarabeo 8 Con

Poland Allocates 3.4 GW Capacity in Offshore Wind Auction

Poland Allocates 3.4 GW Capaci

Eni Finalizes CCS Partnership with Blackrock-Backed GIP

Eni Finalizes CCS Partnership

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

DOF Bags Multiple Vessel Deals

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