Chevron Corp and Occidental Petroleum Corp said on Thursday they were withdrawing staff and implementing storm precautions at their U.S. Gulf of Mexico offshore facilities ahead of a brewing tropical storm.A weather disturbance over the Gulf…
Oil major Shell teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades…
Norwegian offshore vessel operator Siem Offshore has won a three-month charter for the 91-meters long AHTS vessel Siem Pearl in Ireland.The contract is with PSE Kinsale Energy Ltd, the Irish subsidiary of the Malaysian oil giant Petronas, which…
Offshore wind development firm Parkwind has this week said that its Arcadis Ost 1 offshore wind farm in Germany had reached a financial close.A group of nine lenders contributed about 570 million euros (about $681 million) to the 257MW Baltic Sea project…
Italian oil and gas company Eni said Thursday it had signed an agreement with SKK Migas for cooperation on exploration activities in Indonesia. The memorandum of understanding defines the framework for further cooperation in the processing and…
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said.The…
Oil company Rex International said Thursday its subsidiary Lime Petroleum had on June 15 2021 agreed to acquire from Repsol stakes the Brage field and five nearby licenses in the North Sea, offshore Norway.The agreement includes the acquisition of Repsol’s 33…
Africa-focused oil company Vaalco Energy has signed a contract with offshore drilling firm Borr Drilling for the drilling operations at the Etame block, offshore Gabon.As part of Vaalco's 2021/2022 drilling campaign, Borr Jack-Up XIV, a Borr Drilling company…
Norwegian oil firm Equinor and its partners have agreed to extend the life of the Heimdal field platforms in the Norwegian part of the North Sea for longer than previously expected.The Heimdal field was discovered in 1972. It started production in 1985…
Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of a strike that would have disrupted exploration, the unions said on Thursday.The deal between the Norwegian Shipowners' Association and the Industri Energi…
Operators have called for greater certification and ‘provenance’ of oil and gas production and encourage competition when it comes to lowest emission barrels as they position their businesses to align with the energy transition.Speaking at the…
Activity on the Norwegian Continental Shelf (NCS) is going to be high in the next few years, but views on the longer-term outlook differ as the balancing act over demand for energy and a need to reduce emissions – at an ever greater pace – is played out…
Offshore drilling contractor Japan Drilling Co., Ltd. (JDC) has secured an offshore drilling contract with North Oil Company in Qatar.JDC will provide its jack-up drilling rig Hakuryu-10 over a three-year contract at Qatar's giant offshore oil field Al-Shaheen…
China’s southern province of Guangdong, the country’s largest regional economy, plans to offer subsidies to offshore wind power projects, to boost lower-carbon investment and reduce emissions, an industry website reported on Tuesday.The subsidies…
Offshore drilling firm Transocean said Wednesday it had secured drilling rig contracts worth $116 million in total for two rigs in Norway.First, the Transocean Barents semi-submersible drilling rig was awarded a two-well contract in Norway, with a start expected in February 2022…
Subscribe
