Turkey will begin drilling for oil and gas near Cyprus in coming days, state-owned news agency Anadolu reported Foreign Minister Mevlut Cavusoglu saying on Thursday, a move that could stoke tensions with neighboring Cyprus and Greece.Turkey…
Somalia, a country that has been trying, albeit with little success, to shed off the image of a nation in turmoil because of its insecurity, instability and a preferred haven for for militant groups, has big plans for auctioning some of its…
Brazil's National Petroleum, Natural Gas and Biofuels Agency (ANP) foresees by the end of March the signing of an agreement with Petrobras to end the controversy involving the unification of the areas within the Parque das Baleias, in the north Campos Basin…
Oil and gas companies operating in Norway have lowered their investment forecasts for 2019 to 172.7 billion crowns ($20.06 billion) from 175.3 billion crowns seen in November, a survey by the country's statistics agency (SSB) showed on Thursday…
UK electrical installation company Correll Services has won contract award for the Subsea and Land Cable Termination & Testing works on the Formosa 1 (Phase 2) Offshore Wind Farm, in Taiwan.The contract has been awarded by Formosa 1 project turnkey contractor Jan De Nul Group…
Total E&P Danmark has awarded Oceaneering International Inc. a two-year integrity management contract for the Tyra redevelopment project in the Danish North Sea.Oceaneering will manage its activities from Aberdeen. The agreement covers a range of services…
Spirit Energy has handed in draft decommissioning proposals for two installations and associated pipelines at its South Morecambe field in the east Irish Sea.Alongside the removal and recycling of a combined 22,000 tons of platform infrastructure…
Norwegian shipbuilder Ulstein and Dutch offshore consultancy SeaOwls BV have decided to each go their own separate ways in the offshore wind industry.The jointly developed SOUL jack-up concept is geared toward the transport and installation…
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…
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