Philippine opposition senators have demanded President Rodrigo Duterte reveal details of joint energy exploration plans with China, warning such a deal risked affirming Chinese territorial claims that are not recognized under international law…
A weak connector on an underwater oil flowline caused a spill during a fierce Atlantic storm last week off the coast of Canada's Newfoundland & Labrador, Husky Energy Inc said on Tuesday.The spill is the largest-ever off the coast of the Canadian province…
Oil and gas companies plan to drill 40-50 exploration wells on the Norwegian continental shelf in 2019, similar to levels seen in 2018, the head of exploration activities at the country's Petroleum Directorate told a conference on Tuesday.Norway…
There is great potential for large underwater turbines engineered to harness power from tides and ocean currents to produce industrial-scale levels of electricity. At the smaller scale, tidal power can be just as useful and, indeed, can be much easier to deploy to meet commercial needs…
Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company's head of exploration said on Tuesday.'In general, there will be more international activity…
Norway’s overall, oil-fueled economic expansion may be hampering the offshore industry from recruiting the engineering talent it needs, just as signs of recovery appear from segment-to-segment.More openly than ever, a Norway-based offshore industry…
Oil markets are entering an unprecedented period of uncertainty due to geopolitical instability and a fragile global economy, the head of the International Energy Agency said on Tuesday.Concerned about an emerging production overhang similar to the one that led to a price slump in 2014…
Remotely operated underwater vehicles (ROV) services provider ROVOP announced the appointment of David Lamont as a non-executive director.Lamont has over 35 years of industry experience in the oil and gas sector. After starting his career at Schlumberger where he worked for 18 years…
A ground-breaking ceremony was held at Harwich International Port, North Sea seaport in Essex, to mark the official start of construction of the GBP 10 million operations & maintenance (O&M) base for Galloper Offshore Wind Farm.Representatives from the wind farm…
The global marine and offshore vessel management and support services provider V.Group said that its V.Ships Leisure unit has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer.The…
The pipe-laying vessel Pioneering Spirit pipelaying vessel completed the construction of the offshore section of the TurkStream gas pipeline in the Black Sea. The TurkStream pipeline will carry Russian gas across the Black Sea to Turkey.The…
The European Union (EU)-funded 'Safe maritime operations under extreme conditions: the Arctic case' (SEDNA) project is developing ways to improve the design, operation, navigation and anti-icing features of ships traversing the harsh Arctic region…
Russia's largest independent natural gas producer Novatek announced that its wholly owned subsidiary OOO Novatek-Yurkharovneftegas, upon testing of the exploration well PO-1 achieved commercial flows of natural gas from the Lower Cretaceous…
Cable manufacturer NKT announced Monday that its CFO Roland M. Andersen will step in as interim CEO of NKT as Michael Hedegaard Lyng steps down as CEO.The appointment became effective November 16, the company's Board of Directors announced.Chairman of the Board of Directors…
Brazil's right-wing President-elect Jair Bolsonaro said on Monday that certain units of Petroleo Brasileiro could be privatized, even though the state-run company is strategic for the state.Speaking to reporters after his team named Chicago…
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