The explorer and producer oil and gas MOL Norge AS, operator of production licence 539, is in the process of completing the drilling of wildcat well 3/7-11 S.The well was drilled about seven kilometres southwest of the Trym field on the eastern side of the Mandal High…
Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco.Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022…
Learn about the benefits of Wago's new PLC controller functionality as well as its new Pro 2 Series power supplies.
Pharos Offshore Group said it recently expanded its portfolio of trenching assets with the state-of-the-art Q1000 jet-trenching remotely operated underwater vehicle (ROV) from manufacturer SMD.The latest addition to Pharos Offshore’s rental fleet…
Ivory Coast has awarded four new offshore oil and gas blocks, two to France's Total and two to Italy's ENI, government spokesman Sidi Toure said on Wednesday.Ivory Coast, the world's top cocoa producer, is seeking to develop it long-neglected oil sector…
Survey and positioning services provider iSURVEY informs it has been awarded a contract to perform a drilling hazard survey campaign in the North Sea and in the Barents Sea, on behalf of Lundin Norway.Work commences in June, with a seabed geological…
While the oil and gas industry shows signs of stabilization, the imbalance in value and margins between exploration and production (E&P) companies and the oilfield service segment is significant, according to a report by Deloitte.A major worry…
Singapore based Energy Drilling said it has received a letter of award (LOA) on May 15 from EnQuest to perform drilling services on the Seligi Field offshore Peninsula Malaysia with the tender assist rig (TAD) EDrill-2. The contract calls for two firm wells plus two option wells…
Mexico's government aims to give $7.3 billion in tax relief to heavily indebted state oil company Pemex, according to a document seen by Reuters on Thursday, in an effort to cool fears over its financial viability and the impact on the wider economy…
Acta Marine has held a naming ceremony for its latest walk-to-work construction support vessel Acta Centaurus in Den Helder, the Netherlands.Mrs. Marianne van Oord named the vessel Acta Centaurus. Centaurus being one of the stellar constellations in the northern hemisphere…
The Netherlands is about to witness the emergence of significantly larger offshore wind farms, said the Port of Amsterdam.In addition to resulting in estimated double revenues for the wind energy industry by 2030, this will lead to the creation of around 25…
The provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, SeaBird Exploration announced a contract award by Wintershall Dea for 2D acquisition in the Norwegian Sea.The survey has an expected…
Farstad Shipping, a wholly owned subsidiary of Norwegian offshore supply vessel owner Solstad Offshore, has sold one of its platform supply vessels (PSV).According to a press release from the Norwegian offshore service and supply ship shipping company…
Sierra Leone has put on a brave face and announced a rehashed package for bidders interested in taking part in its fourth hydrocarbons licensing round that was suddenly put on the ice in September 2018 after a new administration took charge…
While the offshore market is starting to show some positive signs, some vessel owners and operators in the sector continue to suffer.Utilization and rates for offshore supply vessels (OSV) have improved in 2019, particularly in the North Sea…
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