Britain's Tullow Oil will commit 90% of its investments in coming years on its producing offshore oilfields in West Africa and put exploration on the back burner to reduce debt.Tullow, which was set up in the 1980s produce oil and gas in Africa…
Royal Dutch Shell's female employees in Britain earned 18% less on average than their male colleagues in 2020, with the pay gap slightly narrowing from the previous year.In its annual UK diversity pay gap report, Shell also published for the…
Offshore vessel owner Olympic Shipping and gangway provider Safeway are cooperating on the Sandbank wind farm project off Germany, under a contract by subsea power cable provider JDR Cables.Olympic Shipping's multi-purpose offshore vessel Olympic…
Falling oil prices and the Covid-19 effects have forced oil and gas companies to cut their spending wherever possible, leading to, as a consequence, to delays with planned UK North Sea decommissioning programs, with a 30 percent drop in decom expenditure expected in 2020…
Dutch shipbuilder Damen Shipyards has delivered a Fast Crew Supplier 1204 to Total Offshore B.V. a little over a month after the vessel was ordered.The crew transfer vessel is the first in the Total Offshore fleet. The company will use the FCS 1204…
London-listed oil company EnQuest has lowered its full-year production guidance, citing scheduled maintenance and an incident on an offshore platform in Malaysia as the reasons.Group production averaged 60,777 Boepd in the ten months to end October 2020…
SSE Renewables and Equinor, partners in the development of the 3.6GW Dogger Bank Wind Farm complex in the UK North Sea, have signed 15-year offtake Power Purchase Agreements (PPAs) for the first two phases of what will be the world’s largest offshore wind farm…
French oil major Total has awarded a conditional letter of award to Danish offshore drilling firm Maersk Drilling for the supply of two deepwater rigs, Mærsk Developer and Maersk Valiant, for an exploration and appraisal project in Suriname’s Block 58…
Oslo-listed oilfield services provider Archer has won a five-year contract with the Norwegian oil company Aker BP.The contract is for the provision of platform drilling operations and maintenance services on the Ula and Valhall installations in the Norwegian sector of the North Sea…
Oil and gas company Neptune Energy has appointed Mohamed Mounes Shahat to the role of Egypt Managing Director, based in Cairo. Mounes, who will start in December, joins Neptune from Egypt’s Ministry of Petroleum, having most recently held the position of Minister’s Advisor for Gas Affairs…
Danish offshore wind farm developer Ørsted on Tuesday said it would develop South Korean offshore wind projects with a potential capacity of up to 1.6GW off the coast of Incheon City. Ørsted said its projects in Incheon could provide clean energy to 1…
ARMS Reliability said it has reached an agreement with floating production solutions provider MODEC to assist with optimization and rapid strategy development of asset maintenance management philosophy for MODEC’s newest floating production…
Power cable supplier NKT has been selected as the preferred turnkey supplier for a high-voltage offshore wind farm project in Europe, the company said Monday, without sharing the identity of the client.As the main contractor, NKT will deliver…
Advisory company Renewables Consulting Group (RCG) has appointed floating offshore wind specialist Dan Kyle Spearman to lead its global floating offshore wind practice.'As floating offshore wind will be a key renewable energy technology in the energy transition to net zero carbon emissions…
Ivory Coast-based energy firm Foxtrot International will invest $315 million to increase its gas output by a third by 2022 to meet the West African nation's growing power needs, the firm's general manager told Reuters on Monday.Ivory Coast,…
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