British oil major BP has agreed to sell its stake in two pre-salt offshore blocks in Brazil's Campos Basin to the Brazilian oil company PetroRio.Petro Rio said Thursday that it would acquire 35.7% interest in the BM-C-30 Block containing the Wahoo discovery…
Fueltrax, a provider of marine fuel management systems, has said that a major Nigerian vessel owner and operator for fast crew boats and security vessels has upgraded two of its onboard electronic fuel monitoring systems to Fueltrax.Fueltrax…
Windthrust, a subsidiary of Australian-based, National Ports Corporation, has revealed plans for a 300 meters long, combined self-propelled floating port and installation vessel for foundations, wind turbines, and substation - named the Oceandock LX…
Offshore crane services firm Sparrows has won a five-year contract by Spirit Energy to provide crane maintenance and lifting services across its Morecambe Hub assets in the East Irish Sea, off the UK.The Morecambe Hub comprises of six fields…
South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…
Norway will offer oil firms exploration blocks in nine frontier areas in its latest licensing round, including eight regions of the Arctic Barents Sea and one in the Norwegian Sea, the Ministry of Petroleum and Energy and the Petroleum Directorate (NPD) said on Thursday…
Malaysian FPSO contractor Bumi Armada has declared a 'force majeure' event related to the FPSO contract it has with India's ONGC, citing the effects of the coronavirus pandemic on the FPSO construction schedule.ONGC, in a joint venture with Shapoorji Pallonji…
The Norwegian oil and gas safety body PSA Norway has found 'multiple complex' factors that led to a worker injury on Equinor's Oseberg B platform, off Norway, in April this year, when a worker fell from a height of 3.6 in an accident that could have been fatal…
Höegh LNG has entered into a binding commitment to supply H-Energy with an FSRU in Jaigarh, India from as early as the first quarter of 2021.Jaigarh is south of Mumbai in Maharashtra state, India. The final agreement will be for 10 years with annual termination options after year five…
The Trump administration's final sale of oil and gas leases in the Gulf of Mexico generated nearly $121 million in high bids on Wednesday, an improvement from the last government auction held just as the coronavirus pandemic was beginning to depress world demand for fuel…
SSE and Equinor, as developers of the giant Dogger Bank offshore wind farm project in the UK, have ordered monopiles and transition pieces for the Dogger Bank A & B phases. The monopiles and transition pieces will be built by the Sif-Smulders joint venture…
Offshore drilling contractor Transocean has secured contract extensions for two of its 2011-built drillships with Brazil's national oil company Petrobras.Transocean said Wednesday that Petrobras had exercised a 680-day option for the Deepwater Corcovado drillship…
Oil and gas firms in Norway have boosted investment plans in recent months as more exploration and development projects are prepared, and as some costs have increased, an industry survey by the statistics office (SSB) showed on Thursday.The investment forecast for 2021 has been raised by 12%…
The coronavirus pandemic has wiped 28,000 thousand oil and gas jobs in Australia this year, a quarter of the country's total oil and gas jobs count, Rystad Energy, a Norwegian energy market analytics company has found. 'Some of these jobs will be restored from 2021 onwards…
Edinburgh-based wave energy technology firm Mocean Energy has raised £850,000 (USD 1,1 million) to speed up the commercialization of its wave energy converter and deploy it to power subsea oil and gas equipment.The Scottish start-up has raised £612…
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