Europe needs to swiftly find alternative sources of energy following Russia's invasion of Ukraine but a proposed pipeline taking east Mediterranean gas to the continent via Israel, Cyprus, and Greece is not viable, a senior U.S. diplomat said…
Oslo-listed FPSO leasing company BW Offshore has entered into a short-term contract extension for the Espoir Ivoirien FPSO, moored offshore Ivory Coast.The vessel's firm contract with CNR is scheduled to expire in 2022, but there are extension…
Russian gas deliveries to Europe through the Nord Stream 1 pipeline across the Baltic Sea dipped slightly on Wednesday, while gas continued to flow eastwards from Germany into Poland along the Yamal-Europe pipeline.Flows to Germany through Nord Stream 1 stood at 65…
Mexican authorities have decided that Mexico's national oil company Pemex will become the operator of the giant Zama offshore field development, despite the fact that the discovery was made by the U.S. oil company Talos Energy back in 2017.Talos…
Subsea services company DOF Subsea has recently carried out an offshore decommissioning contract for Repsol Sinopec Resources UK, achieving a 99% rate for the combined recycling and repurposing of recovered materials.The offshore works at the Buchan and Hannay fields in the UK North Sea…
Norway's Aker BP has won permission to increase gas exports from its Skarv field, the country's energy ministry said on Monday, enabling the company to take advantage of high gas prices that now exceed the price of oil.Until now, Aker BP has…
Italian oil firm Eni on Monday announced 'a major upgrade' of the resource base in the Ndungu field, located some 130 km off the coast of Angola, and about 10 km from the Ngoma FPSO in the West Hub of block 15/06.Eni said it had drilled the…
The hull of the FPSO Prosperity, which will be Guyana's third offshore production unit after the Liza Destiny and Liza Unity, has recently left the dry dock in Singapore, in preparation for topside installation works.The hull arrived in Singapore last year from China where it was built…
Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…
CNOOC, China's top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises energy security amid rising geopolitical risks…
Oil and gas company VAALCO Energy has hired DOF Subsea to perform subsea construction and installation services offshore Gabon, where the company operates the Etame field.The contract is for the support of the subsea reconfiguration associated…
Helix Energy Solutions Group, a U.S. offshore oil, and gas well services company, has signed a multi-year deal with Shell to provide Well Intervention services in the Gulf of Mexico.Under the contract Helix will provide either the Q4000 or Q5000 riser-based semi-submersible well intervention vessel…
UK-based oil and gas company Hurricane Energy said Friday it had signed a contract with Bluewater, the owner of the Aoka Mizu FPSO, for an extension to the bareboat charter beyond the current expiry date of June 4, 2022.The FPSO has been producing…
Oil major Shell has received regulatory approval for the removal of the Petrojarl Knarr FPSO and seabed structures on the Knarr field, offshore Norway.Discovered in 2008, Knarr is a field in the northern part of the North Sea, 50 kilometers northeast of the Snorre field…
UK-based company Sparrows Group, a provider of engineering and maintenance services for the energy industry, said Wednesday it had secured a three-year crane operations and maintenance services contract offshore Luanda, Angola.The agreement…
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