The government of Cyprus has invited companies to bid on a new energy exploration zone off the coast of Cyprus, said a report in Kathimerini News.The country decided to only permit energy companies already part of the Cypriot Exclusive Economic Zone to bid on the project…
Norway's GC Rieber Shipping has entered a time charter agreement with an unnamed customer for its offshore construction vessel Polar Queen.The offshore operator said in a press release: 'GC Rieber Shipping has entered into a time charter agreement…
Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017. The well confirms a volume potential of 50-70 million recoverable barrels of oil. The discovery more than doubles the remaining…
The Russian gas giant of Gazprom and the Austrian OMV company signed a Memorandum on Strategic Cooperation.The document, signed by Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV…
Vroon Group has completed the sale of MPI Offshore to Van Oord. Van Oord has acquired the MPI office organisation in Stokesley (UK), the vessels MPI Adventure and MPI Resolution, and associated crew.According to a press release, a total of hundred people…
The Swedish energy group Vattenfall and the infrastructure specialists Peel Ports have agreed to reserve space at Great Yarmouth harbour to site an operations base for two major offshore wind farms.Economic leaders described the move as a big…
Royal Boskalis Westminster N.V. has been awarded the Tyra Redevelopment Subsea Installation Phase II contract by Total E&P Denmark.The sizable contract includes subsea engineering, procurement, fabrication and installation for the Tyra Redevelopment…
International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…
Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola.The work scope covers the supply of engineering, procurement…
Major oil producers must take 'the right steps' to ease supply concerns that have lifted crude prices to a four year-high, the head of the International Energy Agency told Reuters on Thursday.'It is now high time for all the players, especially those key producers and oil exporters…
Oil production at Eni's Arctic Goliat field off the coast of Norway will restart by Friday following maintenance, the company told Reuters on Thursday.The restart had originally been planned for Oct. 1, but Eni extended the outage to carry out…
Stena Clyde (Australia) Pty Ltd have decided to remove the Stena Clyde from active service and retire the rig from the Stena Drilling fleet.The rig has been warm stacked in Australia for the past three years and is presently in Singapore. Although…
Houston-based Stress Engineering Services has delivered a state-of-the-art real-time drilling riser and wellhead monitoring system (RFMS), in conjunction with its Condition Based Maintenance (CBM) process for Noble Corporation’s ultra-deepwater drillship Noble Tom Madden…
The UK’s offshore oil and gas industry continued to see improvement across a broad range of health and safety indicators last year, according to a key insight into the health and safety landscape published by Oil & Gas UK.Findings from the leading…
Lundin Petroleum AB through its wholly-owned subsidiary Lundin Norway has entered into an agreement with Equinor Energy, under which Lundin Norway will acquire Equinor’s entire 15 percent working interest in the Lundin Norway operated licence PL359…
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