Norwegian vessel provider DOF Subsea has been awarded a contract to decommission subsea infrastructure within the UK Continental Shelf (UKCS).The Oslo-listed subsea operating company said in a press note that the contract in the decommissioning…
The New York State Energy Research and Development Authority (NYSERDA) has selected five multiyear projects that will further study environmental and commercial fishing topics in support of responsibly developing offshore wind.The projects totaling more than $2 million advance Governor Andrew M…
Oilfield services company Weatherford said it has integrated Microsoft's Power BI business analytics service into its ForeSite production optimization platform, in a move to enable customized, asset-level operational insight.The Power BI features…
Construction on SBM Offshore's third Fast4Ward floating production, storage and offloading unit (FPSO) hull recently began at Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore (SWS), the Dutch FPSO provider revealed on Thursday…
Aker BP has made a small gas find in the the North Sea, the Norwegian Petroleum Directorate announced this week. The Norwegian oil and gas company drilled a wildcat and appraisal well in production licence 869, about 6 kilometers southwest of the Bøyla field…
Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp, ending a short-lived contest that pitted two of the most storied names in the oil industry against one another…
Clean-up efforts after an oil spill from a well in Indonesia's Java Sea will take until at least March next year, state energy firm Pertamina said on Thursday as it struggles to plug the underwater leak.The spill started on July 12 when Pertamina…
BHP Group said on Thursday it has approved $283 million in funding to develop the Ruby Project offshore in Trinidad and Tobago.Total investment in the project, in which operator BHP holds a 68.5% stake, is about $500 million, the company said…
U.S. oil major Exxon Mobil has hired investment bank Jefferies to sell the stakes it holds in oil and gas fields off the Norwegian coast, which could fetch up to $4 billion, banking sources said.Exxon said in June that it was looking to test market interest for its Norwegian upstream portfolio…
Acta Centaurus, a new DP2 walk-to-work offshore wind construction support vessel owned by Netherlands-based Acta Marine, will be fitted with hybrid propulsion capability from Wärtsilä, the Finland-based technology group announced on Thursday…
Nigeria-focused oil and gas development and production company Sirius Petroleum now says its license for the shallow water Ororo field in Nigeria hangs in the balance after the firm failed to launch its next phase of the field work program on…
UK's marine engineering services provider James Fisher and Sons has acquired 60% of the share capital of Continental Participação E Administração, the holding company of Brazilian subsea specialist Serviços Marítimos Continental.Continental…
United Kingdom-based exploration and production company Europa Oil & Gas (EOG) has been awarded a 15-year frontier exploration licence for an area in the Slyne Basin, offshore Ireland.The area includes Europa’s flagship Inishkea prospect, which…
Academics from Manchester Metropolitan University (MMU) have won a grant to develop computer models to test the best methods to stabilize and control the motions of the turbine and its semi-submerged support structure.Wave simulation specialists…
The provider of specialized services for the offshore industry, Jan De Nul Group said that its cable laying vessel Willem de Vlamingh has completed installation of the three export cables at the 120MW Formosa 1 phase two offshore wind farm in Taiwan…