The transmission system operator Tennet has moved the first submarine cable from the Dutch wind farm zone 'Borssele' to the transformer station.'TenneT has laid the first sea cable to connect the Alpha platform to the transformer substation in Borssele…
Germany has inaugurated its biggest wind farm in the Baltic Sea between Germany's Isle of Rügen and the Danish island of Bornholm.385 MW farm was officially inaugurated in the presence of German Chancellor Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg…
U.S. oil major Exxon Mobil Corp said that its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina.ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B…
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 25/11-29 S in production licence PL 916.The well will be drilled from the Deepsea Stavanger drilling facility in position 59°02'48.44'N and 02°26'21.80'E after…
Japanese hydrocarbon exploration, production and transportation company, Japan Petroleum Exploration Co., Ltd. (JAPEX) has started the exploratory drilling at offshore Hidaka area of Hokkaido.The drilling job is a part of the offshore exploration…
Swedish contractor Floatel International has received a new extension from Equinor for its accommodation unit Floatel Superior at the Martin Linge Field Development in Norway’s North Sea.The onshore operational support and supervision company…
Norway-based Songa Bulk AS, an investment vehicle established to invest in dry bulk assets, has made an agreement to merge with company Axxis Geo Solutions (AGS).Per deal, Songa Bulk will assume the assets, rights and obligations of the Houston…
Turan Drilling & Engineering announced Tuesday it has been awarded a $500 million contract from BP for work offshore Azerbaijan.The contract is for the operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea…
Offshore renewable energy is gaining investment support in the United States, particularly on the east coast. While the U.S. is a full generation behind its European counterparts in tapping the wind as an energy source, if current plans come to fruition it could gain ground quickly…
Qatar Petroleum has won exploration rights in five offshore blocks in Argentina as part of two consortia, the company said in a statement on its website.The consortium for three blocks in the Malvinas West basin is made up of an ExxonMobil affiliate with a 70 percent interest…
Houston based deepwater oil and gas production and distribution equipment and services company Deep Down announced on Tuesday that it has appointed to experienced small cap investors to its board of directors.David J. Douglas and Neal I. Goldman fill two recent vacancies on the board…
Equinor's Aasta Hansteen gas field in the Norwegian Sea, which was shut on April 8 due to a gas leak, is expected to restart production on Wednesday, gas system operator Gassco said on Tuesday.'The expectation is that they will restart production tomorrow…
Oil held above $71 a barrel on Tuesday, supported by falling Venezuelan and Iranian exports and fighting in Libya that raised concerns of more supply threats, outweighing expectations of higher U.S. inventories.In Libya, fighting between Khalifa…
DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).DNV GL has worked with Dana Petroleum since 2012 with the development of the Western Isles floating production storage and offloading (FPSO) vessel…
Santos announced Tuesday it has confirmed significant gas resource in the Corvus-2 appraisal in the Carnarvon Basin, offshore Western Australia.Corvus-2 is located in 63 meters water depth, approximately 90 kilometers northwest of Dampier in Commonwealth waters within petroleum permit WA-45-R…
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