There is no future for companies that work only in oil and gas in the medium- to long-term, the head of Italian major Eni said on Friday.'Diversification into renewable energy and the circular economy is crucial,' Claudio Descalzi told financial daily Il Sole 24 Ore in an interview…
TechnipFMC announced on Friday it has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia.The contract…
Partners WindPower Korea, EDP Renewables and Aker Solutions will develop a 500 megawatt (MW) floating wind farm off the coast of Ulsan Metropolitan City in South Korea.The consortium was formed as EDP Renewables and Aker Solutions have invested…
Maersk Drilling said it has secured a contract Korean operator POSCO International Corporation to operated the drillship Maersk Viking for a three-well campaign offshore MyanmarThe contract is expected to commence in the end of 2019, with an estimated duration of 154 days…
Woodside said it has made a final investment decision (FID) for the Pyxis Hub project offshore North West Australia.The Australian energy company revealed in its third quarter earnings report that the FID was taken for the project in August 2019…
A newly created online assessment tool aims to help drilling employers reinforce the competency of roustabouts.Developed as part of the OPITO Skills Screening online tool, a comprehensive question bank has been created by the International Association…
Transocean, the world's 2nd largest offshore drilling contractor, has added $75 million in new contracts during the third quarter, bringing its total backlog to $10.8 billion with new work in the UK North Sea, Brunei and Egypt.The Switzerland…
A UN-recognized initiative Small Island Developing States (SIDS DOCK) and Naval Energies have signed a Memorandum of Understanding to support the development of marine renewable energy.Under the agreement SIDS and Naval Energies will collaborate…
Danish wind turbine manufacturer MHI Vestas Offshore Wind has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm.SSE Renewables is building Seagreen Offshore Wind Farm…
Chinese oil and gas techincal services company Jutal Offshore Oil Services has announced that the company has obtained a slew of new contracts with total value of RMB3.5bn ($490mln).The number of new contracts include large-scale core modules construction of Arctic LNG 2 natural gas project…
Polarcus said it has secured high industry prefunding for a multi-client project in Australia with an approximate duration of one month.The project will commence in the first quarter of 2020 immediately following completion of another XArray project in the region…
Baker Hughes has officially dropped GE from its name after the industrial conglomerate shed majority ownership in the oilfield services company in September.Formerly Baker Hughes, a GE company, the firm will now be known as Baker Hughes, and…
An Automated Well Control system has been field trialed on a land rig in Aberdeen, a world first, according to the technology's developer Safe Influx.With funding support from Oil and Gas Technology Center (OGTC), the “drilling module” was implemented…
Angola is hoping sweeping economic reforms will smooth an ambitious plan to sell key state assets, including stakes in oil company Sonangol, a share of Puma Energy and more than 100 other enterprises.Africa's second biggest oil exporter is in…
Australia's number two independent gas producer Santos Ltd on Thursday said third-quarter production and sales volumes peaked to record levels, benefiting from higher output from its Western Australia assets.Revenue of $1.03 billion was the second highest quarterly sales on record…
Subscribe
