Canadian Natural Resources International (CNRI) has awarded KCA Deutag a five-year extension to a drilling operations and maintenance services contract.The UK-based international oil and gas services company said that multi-million pound contract…
The years-old trend that has seen offshore suppliers vie for work in wind by leveraging their offshore oil and gas credentials and development finance is being countered these days by wind players in search of oil and gas jobs, judging by some recent fleet owner moves…
UK-based Hurricane Energy announced that testing has confirmed oil in its Warwick West well, West of Shetland.Warwick West ( 204/30b-4) was spudded using the Transocean Leader semi-submersible rig on September 24 and was drilled to a total depth of 1…
Nigeria is committed to full implementation of agreements among OPEC and non-OPEC members, its minister of state for petroleum said on Sunday, ahead of an OPEC meeting in Vienna.Timipre Sylva said he had told Saudi Energy Minister bin Salman…
Norwegian offshore and fishing vessel builder Havyard Group said Gunnar Larsen will serve as interim CEO until the group finds a replacement for retiring chief executive Geir Johan Bakke.Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004…
Israel's largest offshore natural gas field, Leviathan, will begin supplying the local market by the end of this month, with exports to Egypt and Jordan following shortly after, an official from the field's operator said on Monday.'Within 2-3 weeks we will open the wells and start to supply the gas…
Mediterranean-focused oil and gas producer Energean has joined a U.N.-backed initiative and committed to reducing its net carbon emissions to zero by 2050, its chief executive said on Monday.Oil and gas producers have come under heavy pressure…
Canadian oil and gas producer Husky Energy Inc said on Monday it would lower its capital spending by C$500 million over the next two years when compared to its 2019 outlook in a bid to increase free cash flow.Oil producers have been under pressure…
Indonesia considers allowing for production sharing oil and gas contracts optionsIndonesia is considering letting energy companies stick with the 'cost recovery' system for oil and gas production sharing contracts, the energy minister said on Monday…
Romania's OMV Petrom is ready to press on with a multibillion euro investment in the giant Black Sea gas project it holds with ExxonMobil once Bucharest's new government lifts regulatory barriers to doing so, it said on Monday.A final investment…
Asia Pacific focused independent Jadestone Energy said it has appointed Lisa A. Stewart as a non-executive director of the board, effective December 1, following the departure of Eric Schwitzer, effective November 30. Jadestone will continue to have eight directors…
Norwegian energy firm Equinor said it will take over as operator for the development of the Wisting license in the Barents Sea as of December 1. Austrian partner OMV will later assume the operator role for the operation phase.In June, the two…
Rovco launched “SubSLAM Live” a 3D Streaming technology which it says will allow a video live stream 3D underwater pointclouds to any device in the world. According to the company, the stereo camera technology system sends images and 3D models…
TGS-NOPEC Geophysical Company (TGS), the surveying services company, announced that it has added a further 1,500 square kilometers of 3D seismic data offshore The Gambia.The Norwegian survey firm said that this dataset will further expand TGS’ existing 3D multi-client library in the MSGBC Basin…
SeaPlanner has been selected to support the operations and maintenance phase of the Formosa 1 offshore wind farm in Taiwan.The SeaRoc Group’s marine management system unit said that under the 10-year contract, SeaPlanner will be deployed by…
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