Guyana's president Irfaan Ali on Monday visited ExxonMobil's Liza Unity FPSO - Guyana's second FPSO in production - where he praised the Guyanese crew aboard.According to Guyana's Department of Public information, he told the Guyanese crew on…
Houston-based engineering, commissioning, and field services firm Gate Energy has won a commissioning management and execution contract for LLOG's Salamanca development in the U.S. Gulf of Mexico.The scope of this work includes pre-commissioning…
Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offshore platforms to cut their emissions, the country's Climate Minister Espen Barth Eide said…
Norwegian oil and gas company Equinor has exercised an option to extend the contract for Solstad Offshore's Normand Ferking AHTS vessel for one more year to November 2023.Equinor has the option to extend the contract for a further one year after the expiration of the current contract…
Dutch maritime services firm EMAR Offshore Services has bought two Damen Fast Crew Suppliers (FCS) 2206 for an undisclosed fee.The first vessel, named E-Six, has already begun operations in Angola, supporting the local oil and gas industry, and will be joined by the E-Seven shortly…
Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in the country's East and West coasts.The two oil explorers…
Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as they plan to explore more and develop new projects, a national statistics office (SSB) survey showed on Thursday.The country's biggest business sector now expects to invest 172…
Lime Petroleum, a subsidiary of Rex International Holding, has agreed to buy a 10 percent stake in the Yme oil field in the North Sea, offshore Norway, from Kuwait’s KUFPEC. Rex said Lime would pay post-tax fee $68.053 million (about NOK 633 million)…
Italian oilfield services giant Saipem and Oil Spill Response Limited (OSRL) have signed an extension of their existing Services Agreement to include the provision of FlatFish, Saipem’s underwater drone for environmental monitoring and inspection of asset integrity…
Renewables firm Ørsted raised its full-year outlook on Thursday thanks to high power prices, after a disappointing showing in its offshore wind business led to weaker-than-expected second-quarter core earnings, which knocked its shares.Europe's power crunch…
Norwegian oil company Aker BP has made an oil and gas discovery 14 km northeast of the Skarv field in the Norwegian Sea and 220 kilometers west of Sandnessjøen, Norway.The wildcat well 6507/3-15 encountered an oil and gas column totaling about 115 meters in the Fangst and Båt groups…
Shell has launched a sale process for its 30% stake in the Cambo oil prospect in the British North Sea, potentially paving the way for the field's controversial development, industry sources said on Thursday.The London-based company hired investment…
Wind turbine maker Vestas expects to deliver more positive results next year, its chief executive said on Wednesday, as high costs from raw materials and transport, which hit second-quarter results, are passed on to customers.Shares in Vestas…
Oil and gas company BW Energy has signed an up to $300 million international Reserve Based Lending (RBL) facility, to finance further development work in a block offshore Gabon.The facility has an initial commitment of $200 million which can be expanded up to an additional $100 million…
Energy industry services company Hunting PLC has won a contract to provide titanium stress joints through multiple EPC Contractors for Beacon Offshore Energy’s Shenandoah development in the Gulf of Mexico.Hunting will provide (2) 10.75” Titanium Grade 29 Stress Joints utilized for Production…
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