Brazilian oil company Petroleo Brasileiro SA has priced global notes worth $3 billion due in 2029 and in 2049 as it seeks to repurchase shorter-term debt obligations, according to a securities filing late Tuesday.Petrobras, as the state-run company is known…
Qatar Petroleum said on Wednesday it has entered into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco…
Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated…
German energy group E.ON will decommission the first wind farm built in U.K. waters, as the 4-MW facility has reached the end of its technical lifespan.Dismantling of the two-turbine Blyth offshore wind farm off of Northumberland will begin in April and last about four to six weeks…
Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector, the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power…
SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days…
KCA Deutag’s engineering and design solutions provider RDS has been awarded a new contract for the detailed design of a drilling facility for an offshore platform.The contract, which marks RDS’s first detail design award for a new greenfield platform since the oil price decline in 2014…
Geo-data specialist Fugro announced Tuesday it has been awarded a multimillion dollar contract from TenneT to provide integrated unexploded ordnance (UXO) services at an offshore wind farm development in Dutch coastal waters. The contract follows…
A lightweight, conductor-supported, minimum facility wellhead platform has been installed in 35 m water depth for the D28 oilfield Phase 1 project offshore Sarawak, Malaysia, for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd, 2H Offshore announced on Tuesday…
Subsea 7’s life of field business unit i-Tech 7 has appointed Simon Hird as its new regional director to help strengthen and grow its life of field business in the Asia-Pacific region. He will be based in the company’s Perth office.Hird brings…
Aker Solutions announced Tuesday it has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia, marking the first time the technology will be used outside of Norway…
British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves by around a fifth.The Kraken oil and gas field in the British North Sea is EnQuest's largest producing asset…
Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region.'With the offshore renewables industry surging ahead as countries aim to achieve their climate targets…
The offshore wind parks specialist Fred Olsen Windcarrier won its first major deal in the Asian market after being picked to install the 8MW Siemens Gamesa Renewable Energy (SGRE) turbines at the Yunlin offshore wind farm off Taiwan.Fred. Olsen…
UK-based Offshore Wind Consultants (OWC) and Tata Consulting Engineers Limited (TCE) have signed an agreement to partner up for upcoming projects in the Indian offshore wind sector.Under the agreement, OWC and TCE will combine its powers to…
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