Brazil's Petrobras has launched a teaser for the sale of its entire share in the Papa Terra field, 110 kilometers from the coast offshore Brazil.The Brazilian oil company said that the planned sale of the field was in line with its portfolio optimization and improvement of capital allocation…
New Age, the operator of the Etinde gas and condensate field offshore Cameroon, has signed a letter of intent with Victoria Oil & Gas for the supply of gas from the field.According to Bowleven, a partner in the Etinde field, the letter of intent…
The U.S. oil major ExxonMobil has signed a framework agreement with offshore drilling contractor Noble Corporation to extend the contracts for the three drillships currently operating for Exxon in Guyana, and potentially add more work and more rigs…
Belgium-based offshore installation specialist DEME Offshore and German builder of tunnel boring equipment Herrenknecht have teamed up to build a subsea drill to be deployed at the Saint-Nazaire offshore wind farm in France. This is the first…
Exploration and production company Neptune Energy has acquired an offshore license in the Gulf of Suez, Egypt, committing to carry out seismic surveys and to drill an exploration well during the first phase of the license.Neptune said that the…
First oil has started flowing from the BP-operated Alligin field in the West of Shetland region, offshore UK.Alligin is a part of the Greater Schiehallion Area and has been developed as a two-well subsea tie-back into the existing Schiehallion…
Israel's Delek has dismissed reports that the gas pipeline carrying gas from the Leviathan offshore field to Egypt has been affected by a reported terrorist attack in Egypt.Al Jazeera on Monday reported that a group of attackers had blown up a gas pipeline in Egypt's Sinai Peninsula…
Japanese FPSO specialist MODEC has awarded Aibel a Letter of Intent for an engineering services front end engineering and design (FEED) in relation to the recently awarded Bacalhau FPSO contract by Equinor.Bacalhau FPSO will be the largest ever…
Robert Gordon University (RGU) has appointed Chris Pearson as Director for the National Subsea Center (NSC), tasked with leading the center’s research and development to tackle subsea engineering challenges.Pearson will take up the new post…
Oil firms Aker BP and Equinor are close to resolving their dispute over how to develop a cluster of oil and gas discoveries in the so-called NOAKA area of the North Sea, Aker BP said on Tuesday. The new engineering design initially comprises 506 million barrels of oil equivalents (boe)…
The Norwegian offshore safety regulators have found irregularities aboard the recently delivered West Bollsta offshore rig.The rig is owned by Northern Drilling's spin-off Northern Ocean, and managed by Seadrill. The regulator, PSA Norway, carried out an audit late in November 2019…
RigNet, Offshore communications, and networking solutions provider has signed a long-term services agreement with offshore drilling contractor Northern Offshore.Under the deal, RigNet will provide several solutions including VSAT Managed Communications Services…
Italian oil firm Eni has signed an agreement with tanker operator Knutsen NYK Offshore Tankers (KNOT) to charter two newbuild shuttle tankers.Shuttle tankers are used to offload oil from offshore platformsSouth Korea's Daewoo Shipbuilding & Marine Engineering will build the two 124…
ASX-listed Cooper Energy has signed a new gas supply agreement with O-I, an industrial gas user and Australia’s largest manufacturer of glass container products.The gas is to be supplied from Cooper's equity share of production from its Casino Henry operations offshore Victoria…
BP's phase three of the $12 billion West Nile Delta project offshore Egypt will come online by the end of this year, nearly 12 months behind the earlier scheduled deadline, the company said in a conference call this week.The third phase includes the development of the Raven field…