Foreign oil companies that have not joined Brazil's last two auctions of offshore 'pre-salt' fields are also unlikely to bid next year, BP Plc's Brazil president told newspaper Valor Economico in an interview published on Wednesday.Adriano Bastos argued that…
Subsea 7’s life of field business unit i-Tech 7 reports it has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible…
Showcasing Norwegian digital solutions, the Subsea Digital Alliance has been launched to bring smart cloud collaboration to the energy industry.As digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new…
Independent oil and gas developer Anglo African Oil & Gas, (AAOG) has tentatively confirmed its drilling work plan for the offshore Tilapia oil field’s TLP-103C well sidetrack, in the Republic of Congo where the company holds a controlling 56% stake…
Pirates attacked an Italy-flagged offshore supply vessel in the southern Gulf of Mexico, injuring two crew members, the Mexican Navy said on Tuesday, in the latest outbreak of robbery and piracy to hit oil platforms and infrastructure in the area…
Tullow Oil cut its outlook for production and cash flow because of persistent problems in Ghana, while revealing that the quality of oil recently discovered in Guyana was heavy in nature, sending its shares down more than 20%.Commenting for…
Maersk Drilling has entered a contract with Shell subsidiary BG International, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Maersk Developer.The contract has an estimated duration of 171…
UK-based player in subsea, onshore/offshore and surface projects TechnipFMC has entered into a memorandum of agreement (MOA) to sell the Global 1201 S-lay and heavy-lift and pipelay vessel in an effort to optimize the profile and size of its subsea fleet…
With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC) has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The…
Global energy company E.ON has signed an agreement to purchase clean energy from British wind farms of RWE Renewables.The 2.5-year agreement is on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting E…
Fugro, the global geo-data specialist, has awarded a contract to Bosch Rexroth to fully maintain and further improve Fugro Synergy’s hydraulic equipment.Fugro has worked with Bosch Rexroth for over a decade to ensure it has the best hydraulic…
Australian gas producer Woodside has hired six vessels of the Norwegian offshore service and supply ship shipping company Solstad Offshore to assist with drilling at offshore fields in Australia.Norwegian OSV operator said that the six vessels…
Global offshore wind solutions provider Orsted inaugurated the Formosa 1 offshore wind farm in Taiwan, the first offshore wind farm built by Ørsted in Asia-Pacific.In the past three years, Ørsted has worked closely with joint venture partners…
Japanese companies have decided to proceed with the deepwater floating production, storage, and offloading system (FPSO) charter project for the Petrobras-operated Búzios pre-salt oil field located offshore Brazil.MODEC, Mitsui & Co., Mitsui O…
Economists have lowered their forecasts for the Brazilian government's primary budget primary deficit this year but raised it for next year, an economy ministry survey showed on Tuesday.The expected increase in the 2020 deficit compared with…
Subscribe
