North Sea investment firm Kistos on Tuesday walked away from its proposed offer to acquire British oil and gas group Serica Energy following weeks of wrangling.In July, Serica rejected Kistos's cash and shares merger proposal, which valued the company at 1…
Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to research published on Thursday.The study, by researchers at non-profit Carbon Mapper…
Norwegian offshore vessel owner Solstad Offshore has secured a contract with Equinor for the platform supply vessel Normand Searcher.More precisely, Equinor has declared an option to extend the contract for the PSV for one more year to September 2023…
By Akif Chaudhry, Principal Analyst, Corporate Research, Wood MackenzieNo longer in its infancy, offshore wind is a proven technology on course to play a key role in the decarbonisation of the global economy. Over the next decade, the industry will attract almost US$1 trillion in new investment…
Norwegian engineering firm Aker Solutions said on Tuesday it has won a contract from Shell to build an offshore platform for Britain's Jackdaw gas field.The offshore field about 250 kilometers east of Aberdeen is expected to account for over…
Italian oilfield services firm Saipem said Thursday it had secured three new engineering and construction contracts - one onshore and two offshore - in Angola. The total value is around $900 million.The contracts are with the New Gas Consortium…
Reach Subsea's subsidiary OCTIO has won a multi-year geophysical monitoring frame contract with an undisclosed operator offshore Australia.OCTIO will deploy its gWatch service to deliver gravimetry and seabed subsidence measurements.'This is…
Crown Estate Scotland opened on Wednesday the registration window for an offshore wind leasing process that aims to lower emissions from Britain's North Sea oil and gas production.The public corporation's Innovation and Targeted Oil and Gas…
C-Kore Systems recently completed a campaign on a subsea oil field located in the North Sea. The C-Kore tools were used to test the electrical integrity of the subsea assets, giving quick feedback to the operator for their maintenance decisions on the field…
Germany's Wintershall Dea started production at its Nova oil and gas field in the Norwegian sector of the North Sea, the company said on Monday.The subsea field, about 120 kilometers northwest of the city of Bergen, is tied-back to the Neptune Energy-operated Gjoea field…
Norway's Petroleum Safety Authority Norway has given operator Aker BP consent for life extension of the Tambar field in the Norwegian North Sea.The Tambar field is part of production license 065, for which Aker BP is the operator. Consent includes…
Abu Dhabi National Oil Company (ADNOC) and its international partners have awarded two contracts totaling more than $3.4 billion (AED12.6 billion) to ADNOC Drilling to hire eight jack-up offshore rigs. 'The contracts, valued at $1.5 billion (AED 5…
Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly-owned subsidiaries, Keppel AmFELS in the U.S. and Keppel Shipyard in Singapore, have been awarded contracts worth around S$75 million (US$54.5 million) for the refurbishment and completion of two floating production units (FPU)…
Italian explorer Eni has reported 'excellent results' from its latest exploration well offshore Ivory Coast, West Africa, resulting in a 25% increase in the resource estimate for the Baleine field. The Baleine East 1X well was the first exploration…
UK-based James Fisher and Sons plc and Abu Dhabi’s NMDC Group, an engineering, procurement and construction company working in the marine construction and oil and gas industries, have signed a memorandum of understanding to collaborate on projects…
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