Brazil's state-run oil company Petroleo Brasileiro SA (Petrobras) has started producing oil and gas from the P-76 FPSO in the Búzios field in the Santos Basin, offshore Brazil.The oil and gas company said that with a daily capacity to process up to 150…
Eco Atlantic Oil & Gas Ltd and partners have contracted a rig, the Stena Forth, to drill the Jethro-Lobe prospect on the Orinduik block, offshore Guyana.'Eco (Atlantic) Oil & Gas, along with its partners in the Orinduik Block, offshore Guyana…
Norway's Equinor SA on Tuesday said it plans to explore for oil in deep waters off the coast of South Australia in late 2020 and released a draft environmental assessment for the project to head off community protests.Equinor, formerly known as Statoil…
Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project.Effective immediately, Wood will…
2H Offshore said it has launched the TRACS (tensioned riser assessment for continued service) joint industry project (JIP), which will see the riser and conductor specialist work with operators to develop top tension riser (TTR) reassessment and life extension guidance…
Bulgaria has given permission to Royal Dutch Shell to transfer 20 percent of the rights to explore a block off its Black Sea coastline for gas and oil to Spain's Repsol, the government said on Wednesday.In December, Shell was allowed to transfer…
Babcock said it has been awarded a four-year framework contract for brownfield fabrication and modification projects on the BW Catcher, a floating production, storage and offloading vessel (FPSO) owned by BW Offshore. The scope of the contract includes engineering…
Large-scale conversion project on offshore platform Molikpaq operated by Sakhalin Energy.While the refit of heavy lift capacity onboard an offshore rig might sound mundane, Liebherr’s project to replace and modernize cranes on the offshore platform Molikpaq operated by Sakhalin Energy…
U.S. sanctions on Iran, Venezuela tighten markets, but soaring U.S. shale output offsets some of the disruption.Oil fell on Wednesday after the U.S. government said shale output would rise to a record next month, denting a rally that sent prices to their highest this year…
Singapore's Keppel FELS has delivered the jackup rig, Cantarell IV, to Grupo R with a perfect safety record.The wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) said that as part of the deal, Grupo R has entered into a sale and leaseback agreement with FELS Asset…
Japan's nascent offshore wind industry is expected to increase dramatically over the next ten years, according to energy analysts Wood Mackenzie, who predict that by 2028 the island country will boast upwards of 4 gigawatts (GW) of offshore capacity…
Danish power company Ørsted and Total have teamed up with Belgian renewables firm Elicio to bid for a wind project off the coast of Dunkirk.A total of nine bids are being considered in the tender for the Dunkirk project, which will have a maximum capacity of 600MW…
After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be “elephant” finds, according to Rystad Energy.The energy research and business intelligence…
Marine and oil and gas services provider James Fisher and Sons (JFS) is expanding its footprint in the Middle East offshore market acquiring service provider Murjan Al-Sharq Marine Contracting LLC (MSMC) in Saudi Arabia.MSMC is an established service provider based in Saudi Arabia…
The newly delivered Skandi Olinda flexible lay and construction vessel owned by a 50/50 joint venture of TechnipFMC and DOF Subsea has commenced an eight-year charter contract with Petroleo Brasileiro S.A. (Petrobras).'Skandi Olinda has state-of-the-art pipelay and marine technology…
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