Abu Dhabi's ADNOC Logistics & Services has teamed up with the Dutch firm Roll Group to strengthen its turnkey integrated logistics offering.'The partnership with Roll Group enables ADNOC L&S to jointly implement heavy haulage solutions for both onshore and offshore projects…
The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels.At the conference…
International oil companies operating in Nigeria owe $4 billion to an agency responsible for fostering development in the Niger Delta, the impoverished wetlands region where much of the industry is located, a minister said on Thursday.Tayo Alasoadura…
Offshore Support and Logistics Services Company (OFCO – Offshore International), the integrated maritime logistics service provider that is jointly owned by Allianz Marine & Logistics Services (AMLS) and SAFEEN, Abu Dhabi Ports’ marine services arm…
Crude oil loading at Equinor's Sture export terminal on Norway's west coast was interrupted on Thursday after activists from the Extinction Rebellion group breached the facility's safety zone, the company said.Equinor halted the loading of the TS Bergen Aframax vessel…
China's top offshore oil and gas driller CNOOC Ltd said it would channel up to 10% of annual spending to green energy by 2025, and announced interim net profit more than tripled from last year as oil prices rebounded.That doubles a previous…
Guyana's economy is expected to expand by 500% by 2030 as companies continue to plumb its offshore oil and gas reserves, a government official said on Wednesday.The small South American country has become one of the world's oil exploration hotspots…
Exxon Mobil Corp sees its investments in Brazil's offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said on Wednesday.Exxon's board is considering a pledge to cut…
China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by rebounding oil prices and recovering energy demand after the pandemic.CNOOC Ltd, a listed branch of China National Offshore Oil Corp…
Strohm, a business that specializes in composite pipe technology, announced on Thursday that it had opened a new office in Rio de Janeiro and that it was establishing a center of excellence for developing its Thermoplastic Composite Pipe (TCP)…
Neptune Energy has received regulatory approval to drill a wildcat well in the North Sea, offshore Norway.Neptune will drill the well 33/6-5 S using the Deepsea Yantai drilling rig after it completes the drilling of development wells in production licence 636…
The Nord Stream 2 gas pipeline construction is 99% complete, the operating company said on Wednesday, after a media report the Russian-led project, which has come under criticism from the United States, is expected to be finished on Aug. 23…
ABB has secured a contract worth around $120 million to supply the overall Electrical Power System (EPS) for Chevron's multi-billion-dollar Jansz-Io Compression (J-IC) project, offshore W. Australia.The Jansz-Io field is located around 200 kilometers offshore the north-western coast of Australia…
UK-based oil and gas company Harbour Energy has hired Maersk Drilling's jack-up rig Mærsk Innovator to drill three subsea development wells in Block 28/9, near the Catcher field, on the UK Continental Shelf. The nine-month contract, which will see the rig reactivated…
The market hasn't exactly cheered BHP Group's proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal.A point of concern for investors is that BHP may have sold the assets too cheaply…
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