Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi-submersible drilling rigs last year…
North Sea-focused oil company NEO Energy has entered into exclusive talks with ExxonMobil to buy the U.S. oil giant's UK North Sea assets.NEO, backed by Norwegian private equity investor HitecVision, said Thursday that if the talks are successful…
Brazilian oil company PetroRio has received regulatory approval to acquire a 30% stake in the Frade oil field in the Campos Basin offshore Brazil from Petrobras.The company expects that the procedures for the assignment of 30% interest to PetroRio will be completed in the upcoming days…
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy…
The United States has told European allies it plans to impose sanctions on a Russian pipe-laying ship, 'Fortuna', involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday…
Danish offshore wind farm vessel provider Ziton has secured a contract for the Wind Enterprise jack-up vessel with the wind turbine maker Siemens Gamesa.According to Ziton's statement on Tuesday, Siemens Gamesa has, through a tender, selected…
TMC Compressors (TMC), a Norway-based provider of compressed air systems for the marine and offshore industry, has won a contract to supply a complete offshore topside compressed air system to Shell's Bonga Main FPSO in Nigeria.TMC will deliver…
At the SMM Hamburg's Offshore Dialogue online conference on February 2, international experts will discuss current trends in the offshore wind farms segment, technical challenges facing tidal and wave energy conversion, and innovative ocean monitoring technologies…
UK-based offshore energy technology and services company Tekmar has said that its Pipeshield International subsidiary has won its largest-ever contract.'Pipeshield International Limited...has secured its largest contract win to date, to design…
Oil and gas company Energean has completed its takeover of Total’s entire 50% interest and operatorship in Block 2, offshore Western Greece. Coupled with the 25% working interest that Energean bought through the recent acquisition of Edison E&P…
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore's KrisEnergy Ltd and the government, both parties said on Tuesday, bringing an end to years of delays.Prime Minister Hun Sen…
Mediterranean Sea-focused oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30% shareholding in Energean Israel, which would result in Energean owning a 100% stake in the company.Energean Israel holds a 100% working interest in the Karish and Tanin leases…
Brazilian oil company PetroRio has signed an agreement to buy a 1974-built semi-submersible drilling rig for one dollar.The company earlier this month said it had signed a deal with Ventura for the acquisition, for US$ 1.00 (one US Dollar), of the Atlantic Zephyr rig…
Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…
Australian oil and gas giant Woodside Energy has completed the acquisition of Cairn's stake in Senegal's Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD) joint venture, developing the Sangomar offshore oil field.As previously reported…
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