Aberdeen-based offshore well decommissioning company Well-Safe Solutions has won another contract for its Well-Safe Guardian P&A offshore rig.The contract is for the provision of the Well-Safe Guardian rig to decommission up to 14 wells on the Banff and Kyle fields in the UKCS…
Australian oil and gas firm Woodside has awarded an extension to a non-binding frame agreement with engineering firm Worley to continue supporting the Karratha Gas Plant and Pluto LNG assets in Western Australia.Pluto LNG processes gas from…
Renewable energy companies are betting that the leading contender in the race to become Japan's next prime minister, Taro Kono, will unleash changes allowing more market access and a fairer playing field after years of neglect.The 58-year-old…
Oil and gas company BW Energy has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon.The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalizing the production sharing contracts (PSC) with the DGH…
Baron Oil has officially increased its stake in a UK North Sea offshore block containing the Dunrobin prospect, dubbed one of the few remaining sizeable undrilled UK North Sea targets.Baron Oil said back in August that oil companies Corallian and Upland…
Norwegian oil and gas company Vår Energi has made a smaller than expected discovery at the Rødhette exploration well in the North Sea, off Norway.Vår Energi's partner Longboat said Monday that the well formally named 7122/6-3 S had encountered…
Brazilian oil and gas company Petrobras has confirmed it has received bids for its Albacora and Albacora Leste offshore fields which could 'exceed US$4 billion for both fields.'Petrobras said that binding offers were submitted by the consortia…
Oil and gas company Rockhopper Exploration on Thursday affirmed its intention to press ahead with the development of the Sea Lion offshore oil field in the Falkland Islands, a week after its partner decided to pull out.Rockhopper Exploration…
Oil and gas company BP has chartered Prosafe's offshore accommodation rig Safe Zephyrus for work in the UK North Sea.The Safe Zephyrus, with beds for 450 persons, in single-man cabins, will provide gangway-connected operations to support the…
Swedish oil company Lundin Energy has started production from the Solveig oil field in the North Sea, offshore Norway.First oil from the field, developed as a subsea tie-back to the Edvard Grieg platform was achieved Thursday, The Solveig field…
Brazilian oil firm Enauta has said production from the Manati offshore field in Brazil was stopped preventively on Monday due to small gas leakage in the inland pipeline between the compression station and the gas treatment station. 'The operator is assessing the causes of this incident…
INEOS E&P Norge has obtained a drilling permit from the Norwegian Petroleum Directorate for an offshore exploration well in the Norwegian Sea.INEOS will drill the well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - using the Borgland Dolphin semi-submersible drilling rig…
DP World's subsidiary Drydocks World Dubai has started converting an Aframax tanker capable of carrying 700,000 barrels of oil to a Floating Storage and Offloading Unit (FSO) for Dixstone, part of Perenco.As part of the extensive modification and life extension work at the FSO Pargo project…
A British regulator rejected Royal Dutch Shell's plans to develop the Jackdaw gasfield in the North Sea after considering its environmental statement, industry sources said on Wednesday.'We’re disappointed by the decision and are considering the implications…
Aker BP has awarded FEED contracts worth nearly NOK 700 million (~$81,2 million) to its alliance partners Aker Solutions, Siemens Energy, and Subsea 7, related to the field development of NOA Fulla in the southern part of the NOAKA area, offshore Norway…