Oil rose above $60 a barrel on Monday, recovering some of the previous session's near-7 percent fall, although uncertainty over global economic growth limited the gains.Brent crude futures rose $1.84 to $60.64 a barrel by 1445 GMT, while U.S…
China’s state-owned CNPC has replaced France’s Total in Iran's multibillion-dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on Sunday.'China's CNPC has officially replaced…
Norwegian gas system operator Gassco and Canadian energy firm Enbridge are working on reviving a 350 megawatt (MW) offshore wind project to boost power supply security at Norway's Nyhamna gas processing plant, they told Reuters.The project, which would be the country's first offshore wind farm…
Hydraulic subsea tools specialist Webtool said it is developing a Fast Intervention Tool for subsea pipeline decommissioning in conjunction with Chevron Energy Technology Company. The tool will crimp, seal, and cut the pipe reducing the potential for contamination of the marine environment…
Damen Shipyards Group has unveiled a new vessel design geared toward the developing offshore wind market in North America: the Fast Crew Supplier (FCS) 3410 service accommodation and transfer vessel (SATV).The new design builds on Damen designs…
International energy consultancy Xodus Group has appointed Gareth Jones as Decom Lead based in the company’s Aberdeen office. He will be responsible for advising and supporting operators in relation to environmental and societal impacts associated with decommissioning…
Dutch dredging Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable export cable installation contract for the Ostwind 2 offshore grid connection.A press release from the global services provider operating in the dredging, maritime…
Portuguese renewables company EDP Renewables (EDPR) has inaugurated the Muxía Wind Farm in the homonymous municipality, in the Autonomous Spanish Region of Galicia.A press release from the wind energy producer said that its CEO Jõao Manso Neto…
The first turbine has been erected at European Energy's Zinkgruvan wind project in Sweden marking an important milestone in the offshore wind sector.The project is located approximately 70 km north of Linköping, near the northern end of the Vättern Lake…
KrisEnergy, a Southeast Asian upstream company, focuses on the exploration, development, and production of oil and gas, has failed to find significant hydrocarbon shows in the Montha-1 exploration well in the reservation area of the G10/48 license in the Gulf of Thailand…
Norwegian multinational energy company Equinor ASA has exercised two options of two months each for jack-up rig Maersk Intrepid, said Danish offshore driller Maersk Drilling.As a result, the rig is now contracted to Equinor until the end of February 2020…
Nigeria-focused oil company Addax has extended the charter for the Yinson-owned FPSO Adoon for another three months, pending discussion for a potential longer-term deal.'Unless otherwise expressly defined in this announcement, terms and expressions…
Independent gas company DeNovo Energy, a subsidiary of the Proman Group, has made its first commercial supply of natural gas from the Iguana field in Block 1(a) off the coast of Trinidad and Tobago.According to a release from the company, DeNovo…
China’s first multi-purpose offshore vessel “Offshore Oil 286” has won the top 20 national excellent ocean engineering projects selected by China Consultant Association of Ocean Engineering.The deepwater engineering ship invested and constructed by Offshore Oil Engineering Co…
The owner and operator of platform supply vessels (PSVs) Nordic American Offshore (NAO) has informed that its project to combine with Horizon Maritime Services has been called off.A stock exchange announcement from the Bermuda-based company said: 'The contemplated business combination…
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