Oslo-based exploration and production company Mime Petroleum has reached a deal with fellow independent Vår Energi to buy into the Balder, Ringhorne and Ringhorne East fields on the Norwegian continental shelf (NCS), the partners announced Monday…
Israel's energy minister said on Sunday that Brazilian state-run oil firm Petrobras will take part in a tender to explore for oil and gas off Israel's shore, Reuters reports.'It was agreed that Petrobras ... will take part in a process of oil and gas exploration in Israel…
Saudi Aramco was by far the world's biggest oil producer ahead of regional peers like Abu Dhabi National Oil Company (ADNOC) and listed oil majors Royal Dutch Shell, Total and BP, ratings agency Fitch said on Monday.'Saudi Aramco is the largest oil producer globally by volume…
Russian natural gas giant Gazprom has appointed Elena Burmistrova, the head of Gazprom Export, to the post of deputy chief executive, Interfax news agency cited sources as saying on Monday.Oleg Aksyutin, already a board member, was also named as a deputy chief executive…
Offshore engineering and services company Subsea 7 revealed it has been awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.The engineering, procurement, construction and installation (EPCI)…
Vroon Offshore Services has secured a contract with Total E&P to deliver offshore logistical support to a planned maintenance campaign in the Dutch sector of the Southern North Sea.OPerations are already underway, and so far Vroon’s subsea support…
America's burgeoning offshore wind industry, which is projected to generate nearly 20 gigawatts (GW) of clean, cost-competitive power in seven East Coast states by 2030, presents a nearly $70 billion CAPEX revenue opportunity to businesses in the U…
Tekmar Energy, a provider of protection systems for subsea cable, umbilical and flexible pipes and offshore engineering services, said that it has secured a contract by Boskalis to provide cable protection systems (CPS) for the Triton Knoll offshore wind farm (OWF) in the UK…
Associated British Ports (ABP) said that its Port of Lowestoft welcomed the Platform Supply Vessel (PSV) the Skandi Captain this week on its maiden call to the port.The visit is the latest in ABP’s partnership with Peterson UK Limited, the…
Norwegian offshore service and supply ship Shipping company Solstad Offshore has signed a contract with Brasil Petroleo Ltda (Shell) for the platform supply vessel (PSV) Normand Starling.The Skudeneshavn-headquartered company said in a press…
Oregon Governor Kate Brown on Wednesday signed a bill indefinitely blocking offshore drilling in the U.S. west coast state's territorial waters as lawmakers from several coastal states move to close their shorelines to oil and gas exploration…
While the blue economy and renewables loomed large on today’s agenda at the Offshore Mediterranean Conference (OMC) in Ravenna, Italy, moves toward extending exploration into underexplored Greece, as well as technologies to enable more fields to be produced as subsea tiebacks…
Engineering, construction and services company Subsea 7 announced on Friday it has been awarded a contract by Shell for the Arran gas field development, located approximately 240 kilometers east of Aberdeen in the UK North Sea.Subsea 7 said…
SBM Offshore, a Dutch provider of floating production, storage and offloading units (FPSO), said on Friday it opposes financial regulators's claims that it withheld certain price-sensitive information between 2012 and 2014 related to an internal…
A U.S. appeals court on Thursday supported a lower court's finding that Italian oil producer Eni SpA breached a contract with offshore drilling contractor Transocean Ltd, but voided a $160 million damages award.A three-judge panel found the…
Subscribe
