Austrian oil and gas company OMV has completed the drilling of the wildcat well 1/3-13 in the North Sea, offshore Norway.Using Maersk Drilling's Maersk Integrator jack-up rig, OMV Norge, a subsidiary of OMV, drilled the well near the 1/3-11 (Ipswich) oil find…
Singapore unveiled on Wednesday one of the world's largest floating solar panel farms, spanning an area equivalent to 45 football fields and producing enough electricity to power the island's five water treatment plants.The project is part of…
Offshore vessel owner Olympic Subsea has decided to install Kongsberg Digital's Vessel Insight solution across its entire fleet as a means of accessing, collecting, and consolidating a full range of mission-critical data.Olympic Subsea’s fleet…
M Vest Water (MVW), a company providing water treatment solutions for the oil & gas industry has signed a distribution agreement with NOSC, a part of Norwegian Oilfield Supply Group, with activities mainly in Norway.Under the LoI MVW's products…
Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA…
North Sea-focused oil and gas company NEO Energy has completed the acquisition of independent oil and gas company Zennor Petroleum Limited, first announced back in March.HitecVision-backed NEO Energy said in March it would acquire Zennor from Kerogen Capital for up to $625 million…
Belgian offshore installation service provider DEME Offshore has installed the DolWin6 High Voltage DC (HVDC) cable in the German North Sea, using its LNG-powered DP3 vessel Living Stone. DolWin6 has a transmission capacity of 900 MW and is owned and operated by transmission system operator TenneT…
Oil and gas firm Serica Energy on Monday announced successful flow test results from its Columbus development well in the UK North Sea.The well was drilled to a measured depth of 17,600ft with a horizontal section of over a mile in length in the Forties Sandstone formation…
Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process 'simpler and more competitive,' the natural resources minister said on Monday…
Offshore helicopter operator Bristow on Monday said it had secured separate two-year contract extensions through April 2024 with Equinor, Shell, and Neptune.The company will support the oil firms' air transportation crew change needs for their operations in the Norwegian continental shelf…
Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.Many companies, particularly those in the fossil fuel industry are using…
Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total.3R Offshore, a company with a strategy to revitalize mature offshore fields…
Malaysia has appointed Mohd Bakke Salleh as the chairman of state energy firm Petroliam Nasional Berhad (Petronas), the prime minister's office said on Monday.The change comes as Petronas is recovering from a demand slump caused by the COVID-19 pandemic…
DNO ASA, a Norwegian oil and gas firm focused on the Middle East and the North Sea, has appointed a new Chief Operating Officer.The company said Monday Chris Spencer would be appointed COO, effective immediately. Spencer joined the Company in…
Norwegian company Aker Carbon Capture (ACC) said on Monday it would launch a service offering the removal of carbon dioxide (CO2) from industrial processes and its subsequent storage.The company, previously a division of oil services company Aker Solutions…
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