Australia's Cooper Energy has said that the production of gas from its Sole gas project is set to begin later in February, with full production aimed for March.The company said Tuesday the Sole Gas Project had passed a critical milestone with…
Energy services group Hunting has said it has completed the acquisition of Enpro Subsea for $33 million.Hunting said Friday that, apart from the $33 million, the consideration also includes a potential maximum earn-out of US$3.0m based on EBITDA performance in 2020…
French oil company Total has awarded oilfield services firm Worley two master service agreements (MSAs) for services at the Mozambique LNG Project.The Mozambique LNG project, previously operated by Anadarko, will be Mozambique’s first onshore LNG development…
Romania's Romgaz said it has agreed with OMV Petrom and Poland's PGNiG to make a joint offer for Exxon Mobil's 50% stake in a long-stalled offshore natural gas project in the Black Sea if the U.S. company decides to sell.State-owned Romgaz would…
Oilfield services company John Wood Group, recently rebranded to Wood, has sold its industrial services business to Kaefer.London-listed Wood said the sale of the part of the business which provides integrity and fabric maintenance for assets…
In a move that might make some nervous, the United States — through its “strategic” investment arm, the newly enlarged International Development Finance Corporation — has announced plans to invest USD 1 billion on unspecified European energy projects…
China National Offshore Oil Company (CNOOC) has started oil production from its Bozhong 34-9 offshore oil field.The field, sitting in the south of the Bohai Sea in water depth of 18 meters, will at plateau produce 22,500 barrels of oil per day…
First Subsea, part of the First Tech Group based in Aberdeen, has won the inter-array cables protection contract from DEME at the Neart na Gaoithe (NnG) offshore wind farm (OWF).The cable protection system will be designed to protect the cable…
Australia-based Searcher Seismic has completed its offshore Peru OpenSeis 2D & 3D seismic dataset as part of its offshore Peru multi-client campaign.The ‘Offshore Peru OpenSeis Seismic Dataset’ consists of both 2D and 3D vintage seismic data…
Total Chief Patrick Pouyanne dismissed the idea it might buy its partner in East Africa and Guyana, Tullow Oil, whose share price slumped to 19-year lows in December over a string of bad news, stoking takeover speculation.Total is a partner…
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…
The UK offshore decommissioning specialist Well-Safe Solutions has awarded 'significant work scope' to Schlumberger for the provision of Plug and Abandonment Well Services.The company, formed in 2017, said the Schlumberger scope included the supply of cementing service…
National Oilwell Varco beat estimates for its fourth-quarter profit on Thursday, as the oilfield services provider cut costs to counter an ongoing decline in North American drilling activity. Lower crude prices and investor demand for higher returns have forced U…
French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired a 50% stake in the Codling offshore wind project from Hazel Shore, a company linked to the property developer…
India's D1 D3 offshore gas field, the country's first deepwater gas development to be brought online, has ceased production, Reliance and BP joint venture said Monday.The field, in Block KG D6 (KG-DWN-98/3), off the east coast of India, started producing gas in April 2009…
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