Offshore cable specialist Prysmian has been selected to supply steel tube umbilicals for Petrobras' operated Mero offshore oil field in Brazil.Prysmian will supply its steel tube umbilicals for the Mero 1 ultra-deep-water development. The contract…
Polarcus has begun the latest phase of the Cygnus regional multi-client 3D survey in the Vulcan Sub-basin, offshore north-west Australia, the marine geophysical company announced on Monday.The 1,500-square-kilometer Phase 3 South survey, covering the Skua…
There’s a shake-up happening in the pipeline inspections business. More evolved remotely operated vehicles (ROV), digital aspirations and unmanned surface vessels (USV) are driving a new era of data acquisition and deliverables.It’s offering…
Final Investment Decisions (FIDs) planned across the oil and gas value chain in 2020 are set to focus on natural gas developments, according to GlobalData, a data and analytics company.According to the report, the upstream and midstream project…
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transition, and failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability…
A vessel carrying Guyana's first-ever shipment of crude set sail on Monday bound for the U.S. Gulf Coast, oil major Exxon Mobil Corp said, marking the tiny South American nation's long-awaited debut as an oil exporter.The Suezmax vessel Yannis P…
Greece-based Hellenic Cables, through its subsidiary Hellenic Cables America, announced an agreement with Semco Maritime for the supply of inter-array cables for the Mayflower Wind project, a joint venture of Shell New Energies US LLC and EDPR Offshore North America LLC…
SapuraOMV, an E&P joint venture between Malaysia's Sapura and Austrian OMV, has started the first production from SK408 block, off Malaysia, bringing online the Larak gas field. The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014…
An Oslo appeals court approved Norway's plans for more oil exploration in the Arctic on Thursday, dismissing a lawsuit by environmentalists who had said it violated people's right to a healthy environment. The verdict upheld a ruling made by a lower court…
A range of oil companies and their suppliers saw their market value enrichened Monday for reasons that included oil skipping its usual end-of-month dip in December, as WTI and Brent in 2020 still looking like 2019.With oil stable, even “minor”…
Oil and gas services firm Sapura Energy said it has been awarded a contract extension by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited, for the provision of a semi-submersible tender assist drilling rig, Sapura Esperanza.The contract…
The first-ever cargo of Guyana's crude for export is scheduled to begin loading this weekend so the oil can be processed at Exxon Mobil's refining system, the company told Reuters on Friday.Exxon has so far made 15 discoveries of oil reserves in Guyana…
Norway should construct a new pipeline or a second liquefied natural gas (LNG) unit to boost its gas exports from the Arctic Barents Sea, pipeline system operator Gassco said on Monday.Natural gas represents about a quarter of Norway's overall exports…
Egypt said on Sunday that it awarded oil and gas exploration concessions in the Red Sea to Chevron, Royal Dutch Shell and Mubadala in an international tender.Chevron was awarded the first block, Shell a second block, and a third block was awarded…
British oil major BP will appoint Murray Auchincloss as new CFO, as Brian Gilvary has decided to retire in June after eight years in position, and 34 years with the company. Auchincloss currently serves as CFO of BP’s Upstream segment and will take up the role of BP CFO and join the board on July 1…
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