Japanese oil refining company Eneos said Thursday it was joining an offshore wind joint venture targeting projects in Akita Prefecture in Japan.Eneos has acquired a share in GK Happo Noshiro Offshore Wind, a company formed to seek opportunities…
Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil.TMC's compressed…
Oil and gas company Kosmos Energy said Wednesday it had agreed to sell some of its frontier exploration asset interests to Shell for up to $200 millionShell will acquire Kosmos’ interest in blocks offshore São Tomé & Príncipe, Suriname, Namibia…
Offshore drilling contractor Borr Drilling has received a notice from the New York Stock Exchange informing it that the company is not in compliance with the continued listing standard.The notice is related to the minimum average share price…
Malaysia's SapuraOMV Upstream on Thursday announced stable production from its Bakong gas field project under the SK408 Production Sharing Contract (PSC), offshore Malaysia.'The production phase started in June 2020. This follows the successful…
From today, the Oil Companies International Marine Forum (OCIMF) is including a remote vessel inspection option as a temporary tool within its Offshore Vessel Inspection Database (OVID), the inspection protocol for offshore vessels. The option…
Norwegian energy giant Equinor has signed a multi-year deal with supercomputer group DUG Technology, covering seismic processing and imaging technology.Under the agreement, DUG says, Equinor will replace existing third-party technology with an integrated solution using DUG McCloud…
Ireland's PSE Kinsale Energy has hired Stena Drilling's Stena Spey semi-submersible drilling rig for a decommissioning campaign at the Kinsale field offshore Ireland.To remind, Kinsale area offshore gas fields in the Celtic Sea officially ceased production last month after more than 40 years online…
Two natural gas pipelines that connect offshore U.S. Gulf of Mexico production platforms resumed operation on Tuesday, Enbridge Inc said, after hurricane-related shutdowns last week.Energy companies continued to restart offshore operations after…
An offshore natural gas pipeline that serves four major U.S. Gulf of Mexico production platforms remained out of commission on Monday, pipeline operator Enbridge Inc said, following Hurricane Laura's destructive path through the area.Energy…
North Sea-focused provider of waste and decommissioning services Augean North Sea Services (ANSS) said Monday it had acquired the EcoCentre at Peterhead, Aberdeenshire.ANSS assists the treatment, recycling and re-use of waste material derived…
U.S. Gulf of Mexico oil companies shut around 82 percent of oil production on Monday and evacuated personnel bracing for the impact of two tropical storms Marco and Laura.From operator reports, the U.S. Bureau of Safety and Environmental Enforcement said Monday that approximately 82…
FAR, an Australian oil and gas company with a share in the $4.2 billion Sangomar oil and gas field in Senegal, will not stand in the way to its partner Cairn divesting its stake in the project.Namely, Cairn last month agreed to sell its 40% ownership in the Woodside-operated Rufisque…
Building a versatile OSV fleet is expensive, even more expensive when your timing is wrong. Buy at the top and you can quickly find yourself exposed if the market suddenly turns, those shiny new assets depreciate rapidly, and large debts, that the (new) poor market cannot service…
Principle Power, the developer of WindFloat - a floating wind turbine foundation - will join the DeepWind, a Scottish supply chain cluster, described as the largest offshore wind representative body in Scotland with over 400 members.According to the DeepWind cluster's website info…
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