Turkey's national oil and gas company TPAO has taken delivery of its new, seventh generation drillship, the Cobalt Explorer, acquired from the South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering.The acquisition of the Cobalt Explorer has expanded TPAO's drillship fleet to four units…
Brazilian oil and gas company Petrobras has signed production sharing contracts with its partners for the Atapu and Sépia oil fields, offshore Brazil.For Atapu, the PSCs were signed with Shell (25%) and Total Energies (22,5%). For Sépia, PSCs were signed with TotalEnergies (28%)…
EDF Renewables has deployed a customized remotely operated vehicle (ROV) to carry out what is believed to be the first autonomous wind farm foundation inspection at its Blyth offshore wind farm in the UK.The ROV was modified to include cutting…
Norwegian offshore energy engineering and construction company Aker Solutions said Wednesday it had secured a sizeable contract from Equinor to deliver the subsea production system for the Halten East development, offshore Norway.Aker Solutions defines a sizeable contract as being between NOK 0…
Offshore oil and gas producer Talos Energy on Tuesday said it was interested in scooping up new production, particularly as major oil companies shed assets in a bid to decarbonize.'We're a natural consolidator, particularly when you think about the Gulf of Mexico…
Saudi Arabia is on track to lift oil production capacity by more than 1 million barrels per day to over 13 million barrels bpd by the end of 2026 or start of 2027, the energy minister said on Monday.Prince Abdulaziz bin Salman told an energy…
Oilfield services company Petrofac has won a contract with Tullow Oil to provide well-decommissioning services in Mauritania, taking over from Danish company Maersk Decom, which said it would close down the company.The contract, with a potential total value of more than $60 million…
An investigation by the Norwegian offshore oil and gas industry safety regulator into an incident involving the discovery of cracks in the outer shell of second-stage gas coolers on Equinor's Troll C offshore platform in Norway in October 2021…
Norway's crude oil output in April missed the official forecast by 10.6%, while its gas output was in line with expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output fell to 1.66 million barrels per day (bpd) in April from 1…
The MS-1 semi-submersible offshore drilling rig has arrived at the Sasanof-1 exploration well location on the North West Shelf, off Australia, the oil and gas company Western Gas, the Sasanof license holder, said Monday.The drilling rig completed…
U.S.-based offshore oil and gas services firm Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration…
Wage talks involving around 8,000 oil drilling workers in Norway broke down on Thursday, labor unions said, raising the risk of strike action that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…
U.S.-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country's flagship offshore projects, five people close to the matter said.The dispute erupted…
Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace the Russian supply.The country is on track in the next few years to double production to about…
U.S. oil major Chevron has sanctioned the Ballymore oil field development in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform…
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