Brazil's state-controlled oil company Petroleo Brasileiro SA is forming a joint venture with Murphy Oil Company to explore oil and gas fields in the Gulf of Mexico, the Brazilian company said on Wednesday in a securities filing.According to the filing…
International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…
Royal Dutch Shell expects a landmark corruption trial over a Nigerian oil deal to last many months, warning staff of continued critical media coverage in the $1.3 billion case, according to an internal memo seen by Reuters.Shell's Legal Director…
A power outage has shut down production at Equinor's Stafjord A platform in the North Sea and a restart time was as yet unclear, a company spokesman said on Thursday.'We are still investigating the reasons of the power outage, which happened before midnight…
Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni) as operator of the JPDA 11-106 Joint Venture have signed a one-well contract for…
The University of Strathclyde’s Advanced Forming Research Center (AFRC) and Baker Hughes, a GE company (BHGE), have joined forces to explore how some of the latest advanced manufacturing tools and processes can drive more efficient, smarter…
U.S. oil firm Chevron will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in an exploration license, according to a government letter.Oil majors, including Exxon Mobil, BP and Shell…
Malaysia’s Yinson Holdings Bhd has received the termination of an FPSO contract for its Knock Allan FPSO located on the Olowi field offshore Gabon.The oil and gas services company said in a press release that the contract with Canadian Natural Resources (CNR) International (Olowi) Ltd…
Aqualis Offshore has completed the floatover installation of the REGAS topside offshore Bahrain as part of the Bahrain LNG Import Terminal, said a press release.Aqualis Offshore, part of Oslo-listed energy consultancy group Aqualis ASA was contracted…
Hornsea Project Four is a new offshore wind farm which Ørsted is proposing to develop in the North Sea, approximately 65 km off Flamborough Head on the Yorkshire Coast.Ørsted is investigating an offshore wind farm area for a project of up to 860km2…
Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales.“We are entering…
UK's energy regulator, Office of Gas and Electricity Markets (Ofgem), has opened the tender process for the first project in its sixth round of its offshore transmission owner (OFTO) regime.'Ofgem is opening a tender for owning the electricity transmission link to the 1…
A new anti-jamming antenna is designed to mitigate intentional and unintentional interference and jamming in challenging offshore environments.The VERIPOS GAJT-710-MS helps combat the growing threats of interference and jamming in the offshore…
Nearly 40 percent of daily crude oil production was lost from offshore U.S. Gulf of Mexico wells on Tuesday due to platform evacuations and shut-ins ahead of Hurricane Michael.Since Monday, oil producers, including Anadarko Petroleum Corp, BHP Billiton…
Mexican state oil firm Pemex said on Tuesday it has made seven new crude discoveries in the shallow waters of the Gulf of Mexico and said it could invest upward of $10 billion to develop six oil and gas fields.Pemex, which has been struggling with declining output for over a decade…
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