Takeover offers for the assets and activities of French offshore services company Bourbon will be reviewed by the Marseilles Commercial Court next month, Bourbon said in a a company update.Four candidates have submitted an offer concerning assets…
Listed independent oil and gas exploration and production company PetroNor E&P has said its subsidiary, African Petroleum Senegal Ltd, will continue on the path of seeking a resolution to the outstanding dispute over block Senegal Offshore Sud…
It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…
PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva oil and gas field (formerly Cara) is located in the Norwegian sector of the North Sea at a water depth of 360m…
Repsol will acquire a 20% nonoperated interest in the Monument prospect that oprator Equinor is drilling in the Northwest Walker Ridge area in the deepwater Gulf of Mexico, Equinor said in an announcement on Thursday.The Norwegian energy copany…
Mayflower Wind Energy, a joint venture of Shell New Energies US and EDPR Offshore North America, has been chosen by Massachusetts for an 804-MW offshore wind farm (OWF), located 20 miles south of Nantucket.“Mayflower Wind is proud to have been…
Jan De Nul Group has finished installing foundations, power cables and scour protection on the 120MW second phase of the Formosa 1 offshore wind farm off the coast of Taiwan.According to the company that provides services related to maritime…
Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices.Brent crude was down 1 cent at $62.01 a barrel by 0055 GMT…
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-8 S in the western Norwegian North Sea.According to a press note from NPD, the semisubmersible Leiv Eiriksson will drill well 25/7-8 S…
Germany's northern states and federal government want to nearly triple the country's installed offshore wind power capacity within ten years with a new expansion target of 20 gigawatts (GW) by 2030.In a multi-state meeting in Hannover, committing to “fix the goal legally in the coming months”…
Formosa 1 announced that the installation of all 20 wind turbines for phase 2 of the project has now been completed.Formosa 1 is the first commercial-scale offshore wind farm in Taiwan and will be able to supply 128,000 households with clean power…
DNV GL, the global quality assurance and risk management company, has awarded Siemens Gamesa Renewable Energy (SGRE) with type certification for the manufacturer's new 8MW offshore wind turbine.The certificate for the SG 8.0-167 DD machine…
Danish power company Ørsted has announced the production of first power on the second phase of Formosa 1 offshore windfarm in Taiwan.The first commercial-scale offshore wind farm in Taiwan began flowing power, with six of the 20 Siemens Gamesa…
Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…
Oil and gas explorer Carnarvon Petroleum Ltd said on Wednesday that drilling results from the Dorado-3 appraisal well in Western Australia confirmed oil and gas reserves.The wireline logging well has successfully confirmed a hydrocarbon bearing reservoir within the Caley…
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