ExxonMobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said.Two years ago the U.S. major – the world's largest oil company – sold its operated assets in the area. But it has retained stakes in more than 20 other fields…
Subsea services group Acteon announced on Monday it has acquired Proserv’s field technology services (FTS) business unit, including its surveying capability. The exact terms of the transaction were been disclosed.The services and facilities of the FTS business…
Controls technology company Proserv said it has sold its through-water digital acoustic communications and positioning systems business, Nautronix, to Imenco, a Norwegian supplier of subsea electronic and mechanical products.The divested unit will become a division within Imenco…
The withdrawal from Norway’s offshore sector of ExxonMobil appears to be underway, and the development to some looks like the start of a pullout of “international oil majors” from a sector dominated by stately player, Equinor.True, ExxonMobil’s departure is symbolic…
The American supplier of rotor blades to the wind industry LM Wind Power, part of GE Renewable Energy, has displayed its first 107-meter blade, for GE’s Haliade-X 12 MW wind turbine, which has made its first trip outside its factory in Cherbourg…
Singaporean builder Keppel FELS has awarded Norway's TMC Compressors of the Seas (TMC) a contract to deliver an energy-saving marine compressed air system to the first mid-water semi-submersible drilling rig the yard is building for Awilco Drilling…
A new well in the BP-operated Greater Tortue development area has encountered approximately 30 meters of net gas pay in high-quality Albian reservoir offshore Mauritania and Senegal, project partner Kosmos Energy announced on Monday.The Greater…
Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling…
Talos Energy and its partners have increased the resource estimate of the Zama field in the offshore portion of Mexico's Sureste Basin, following evaluation of the data acquired from the Talos-operated Block 7 Zama appraisal campaign.'Based on the preliminary results of our appraisal program…
The market for offshore wind in the United States is growing, and growing fast, led by a number of solicitations from states on the East Coast.Over the last 12 months, the size of the US market has doubled to surpass China and Taiwan as the world's third largest for offshore wind…
A new digital asset inspection system from Oceaneering International aims to streamline non-destructive testing (NDT) and inspection management.The tablet-based technology, called Inform Inspect, has been designed to equip technicians, supervisors and managers with the ability to deliver seamless…
The Norwegian Ministry of Petroleum and Energy has granted final approval for the plan for development and operation (PDO) for the Solveig field, operator Lundin Petroleum announced on Wednesday.The Solveig field is the first tieback development…
Malaysian floater company Yinson Holdings Bhd has secured another extension of its floating production storage and offloading (FPSO) with Petrovietnam Technical Services Corp (PTSC) for operations at the Lam Son Field, offshore Vietnam.According to the second addendum to the interim contract…
US-based LLOG Exploration announced on Tuesday that it has started production from the large-scale deepwater Buckskin project in the US Gulf of Mexico. Buckskin, which is located on Keathley Canyon blocks 785, 828, 829, 830, 871 and 872 in approximately 2…
French oil major Total SA said on Thursday it would cut 200 jobs in Denmark as part of the redevelopment of the Tyra gas fields in the North Sea.Total, which bought A.P. Moller-Maersk's oil and gas business in 2017, will shut production at the…
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