Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia & Australia, discusses how traditional upstream oil and gas businesses are responding to this transitional period to continue to provide sustainable, affordable, reliable and safe access to energy.Our social license to operate is governed not only by the regulatory environment but by climate change targets and public opinion…
Offshore oil and gas exploration spending in the Middle East is set to grow significantly over the next few years, as onshore resources mature and become more numbered, Rystad Energy said Friday.'The most bountiful petroleum plays in the Middle…
Italian offshore energy services provider Saipem and the Italian State Police have signed an agreement that aims to prevent and combat cyberattacks that target information and services systems of companies of special importance for the country…
UAE-based oil company TAQA is set to take over operatorship over the Brae oil field in the UK sector of the North Sea from RockRose Energy.RockRose energy got hold of the licenses containing the Brae field last year, following the completion of the UK North Sea assets of the U…
Malaysian offshore oilfield services company Barakah Offshore Petroleum has filed a claim against the compatriot oil company Petronas Carigali for unpaid work and has threatened to seek Petronas' winding up unless it gets paid what it is owed…
Norwegian offshore vessel owner GC Rieber Shipping has clinched two crew-boat contract extensions in the Russian Far East.Through its JV with Russian company Prisco, GC Rieber signed a new 1+1 year charter agreements with Sakhalin Energy Investment…
Italian oil company Eni has produced first oil from its Agogo field offshore Angola, nine months after discovery.Eni brought the field online via the FPSO Ngoma located 15 kilometers from the oil field. The current output level is around 10…
Norway's Equinor has obtained regulatory consent to use the Island Wellserver vessel.The Petroleum Safety Authority Norway gave the oil company its approval to use the well intervention vessel in Norway in 2020.The consent applies to the use…
Dutch offshore services firm IHC IQIP has won an order to deliver 84 jacket pile grippers for an offshore wind project.The order relates to a Taiwanese project for 21 OWF jacket foundations to be installed in 2020, IHC IQIP said earlier this week…
Oilfield services company TechnipFMC has reaffirmed its planned split into two separate companies is „well on track“ for completion in the first half of 2020. TechnipFMC, formed in 2017 via a merger between France's Technip and U.S. FMC Technologies…
The geo-data specialist Fugro has been awarded a geotechnical site investigation contract for the Ten noorden van de Waddeneilanden Wind Farm Zone (TNWWFZ).The TNWWFZ, over 70km off the north coast of the Netherlands, has a total surface area…
ION Geophysical Corporation, a provider of geophysical technology, services and solutions to the global oil and gas industry, has launched Tannat 3D, a multi-client reimaging program offshore Uruguay.Leveraging the ION’s existing regional UruguaySPAN data and subsurface knowledge…
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) and Dutch maritime contracting company Van Oord have signed a memorandum of understanding (MoU) to jointly own and operate offshore wind installation vessels under the Japanese flag…
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) and Swedish contractor to offshore wind industry Northern Offshore Service AB (NOS) have agreed to a memorandum of understanding (MoU) for a crew transfer vessel (CTV) business related to offshore wind power generation…
A flurry of North Sea and North American offshore substation awards culminated Thursday in a contract award to GE Renewable Energy’s Grid Solutions business from EDF Renewables and ESB for their Neart na Gaoithe offshore wind project.GE said…
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