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TGS to Reprocess Greater Catcher Area Seismic Data

Jun 28, 2022

Norwegian marine seismic data acquisition and processing firm TGS on Tuesday announced a new seismic reprocessing project 'designed to secure exploration success in the Western Margins of the Central North Sea.'This project will see the reprocessing of 3…

Petrofac Sees Modest Free Cash Outflow, Net Debt Drop

Jun 28, 2022

Oilfield services provider Petrofac Ltd said on Tuesday it expects modest free cash outflow during 2022 due to delays in cash collections from clients, although it projects net debt to be reduced in the second half of 2022.Shares of the company jumped nearly 5% in early trading…

ExxonMobil Calls on Heavy Lift Contractors to Deliver Proposals for Bass Strait Platforms Removal

Jun 28, 2022

ExxonMobil's Australian subsidiary Esso Australia, the operator of the Gippsland Basin Joint Venture, has recently started a technical tender procedure process for the decommissioning of several offshore platforms in Australia's Bass Strait…

Worley to Provide Engineering Support for Chevron's Onshore, Offshore Assets

Jun 28, 2022

Engineering group Worley has entered into a global master services agreement with the U.S. oil and gas giant Chevron, covering Chevron’s upstream, midstream, and downstream business needs.The agreement can be used by Chevron’s business units…

Saipem Nets $1,2B Worth of Onshore, Offshore Contracts in M. East

Jun 28, 2022

Italian oil and gas services company Saipem said Tuesday it had won several contracts, both onshore and offshore, in the Middle East worth approximately $1,2 billion.The first batch of is related to the extension of onshore drilling contracts in the Middle East…

Petrobras Elects New CEO

Jun 28, 2022

The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.Andrade, a former economy ministry official…

Esvagt's ERRV Wins Three-year Charter with Eni

Jun 27, 2022

Danish offshore vessel owner Esvagt has won a three-year contract for the Esvagt Don emergency response and rescue vessel.The vessel, which was previously trading the spot marked in UK, Norwegian and Danish sectors, will support Eni's activities in in Liverpool Bay outside the west coast of England…

Apache, Shell Win Offshore Exploration Blocks in Uruguay

Jun 27, 2022

Uruguay's ANCAP has awarded three of the six available offshore blocks on its continental shelf to Shell and Apache, following bids received in the most recent ANCAP 2022 Open Bidding Round.Shell won the rights to the shallow-water block OFF-2 and deepwater Block OFF-7…

Denmark to Move Hesselø Offshore Wind Farm Southward

Jun 27, 2022

The Danish government has decided to move the area where the Hesselø offshore wind farm will be built, to an area south of the originally proposed Hesselø location.To remind, a year ago, Danish Energy Agency put on hold the tender for the 800MW-1…

Siemens Gamesa to Deliver 11MW Wind Turbines for 913MW German Offshore Wind Farm

Jun 27, 2022

Offshore wind turbine manufacturer Siemens Gamesa has received a firm order to deliver 83 units of its 11MW wind turbine for the 913 MW Borkum Riffgrund 3 offshore wind farm in Germany, being developed by Ørsted.Located some 50 km off the coast of Lower Saxony in the German North Sea…

Ørsted, WWF Denmark Deploy 3D-Printed Reefs at Danish Offshore Wind Farm Hoping to Restore Cod Stock

Jun 27, 2022

Offshore wind developer Ørsted and the World Wide Fund for Nature Denmark are testing how 3D-printed reefs installed between offshore wind turbines can benefit biodiversity in the Kattegat, a strait between Denmark and Sweden, which is experiencing a historically low cod stock…

Liberty to Use Peterson's Great Yarmouth Yard for Decommissioning of Offshore Facilities

Jun 27, 2022

Peterson and Liberty Industrial (Liberty) have entered a strategic alliance that will allow Liberty exclusive use of the Peterson Great Yarmouth Outer Harbour yard facility in the UK.The yard will be used to decommission offshore topsides, jackets…

Vestas' Wind Turbines for Eolmed Floating Wind Farm

Jun 27, 2022

Danish offshore wind turbine maker Vestas will deliver wind turbines for the 30 MW Eolmed floating offshore wind farm, to be located 18 km off the coast of Gruissan and Port-la Nouvelle, France, in the Mediterranean Sea.The project, owned by Qair…

Libya NOC Could Declare Force Majeure in Gulf of Sirte Area

Jun 27, 2022

Libya's National Oil Corporation (NOC) said on Monday it was considering declaring force majeure in the Gulf of Sirte area within 72 hours unless production and shipping resume at the oil terminals there.Mustafa Sanallah, chairman of the state oil firm…

France Wants Iran, Venezuela Return to Oil Markets

Jun 27, 2022

France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian squeeze of energy supplies that has spiked prices, a French presidency official said on Monday.It also wants a planned mechanism to cap the price…

Current News

Strohm to Deliver TCP Subsea Water Alternating Gas (WAG) Jumper for Exxon's Guyana Project

Strohm to Deliver TCP Subsea Water Alternating Gas (WAG) Jumper for Exxon's Guyana  Project

Manor Renewable Energy Orders Two Crew Transfer Vessels from Strategic Marine

Manor Renewable Energy Orders Two Crew Transfer Vessels from Strategic Marine

RWE Brings Online Its First Floating Solar Plant

RWE Brings Online Its First Floating Solar Plant

Canada Eyes Offshore Wind Development in Newfoundland and Labrador and Nova Scotia

Canada Eyes Offshore Wind Development in Newfoundland and Labrador and Nova Scotia

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