UK-based subsea services company Modus has commissioned its control room in Darlington, England, from which it can operate subsea hybrid autonomous underwater vehicles.The subsea robotics company said the launch was the culmination of a £24 million (around $29…
Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), is planning a major new offshore wind project in Australia, named Great Eastern Offshore Wind.If approved for construction following ongoing…
Oil and gas company Empyrean Energy, which recently suffered a disappointment when its closely watched 'world-class' Jade offshore well in China came up dry, said Friday it had decided to give it another go and drill the Topaz well, located in the same Block 29/11…
Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said…
The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion of Ukraine. As a result, activity and business sentiment in the floating production sector have seldom been stronger…
U.S. oil company ConocoPhillips has reduced the estimate of the size of its Slagulge oil and gas discovery in the Norwegian Sea, after a nearby appraisal well came up dry.To remind, ConocoPhillips in December 2020 said it had made a „significant“…
Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…
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…
Anglo-French oil company Perenco has shut its Cap Lopez oil terminal near Port Gentil in Gabon after a storage tank leaked more than 300,000 barrels of oil, it said in a statement.The oil, which amounts to more than Gabon's daily crude output…
Anglo-French oil company Perenco has declared force majeure for 150 days following a leak at its Cap Lopez oil terminal in Gabon last week, a company spokesperson said on Friday.Overall production shut down is estimated at 50,000 barrels of oil per day…
New Fortress Energy has executed a binding agreement to charter a floating storage and regasification unit (“FSRU”) to Dutch energy network operator Gasunie, in an effort by the Netherlands to reduce Russian gas imports. The chartered FSRU will provide storage capacity of approximately 170…
Oil and gas company Empyrean Energy plans to drill another well in its Block 29/11 offshore China, despite the disappointing result from the Jade well announced last week.Empyrean drilled the Jade well, which it had described as a 'world-class' prospect…
Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including moves by Western oil majors away from African projects.OPEC and its allies…
Belgian offshore installation services company DEME Offshore said Thursday it was making strong progress with monopile installation at RWE’s Kaskasi offshore wind farm in Germany.'A substantial part of the scope is in DEME’s hands, including…
The German government on Thursday signed agreements for the charters of four floating storage and regasification units (FSRUs), as it works to become less reliant on Russian gas, as FSRUs will enable it to import LNG from other sources.The agreements…
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