Wind farm developer Ørsted plans to submit a joint bid with Danish pension fund ATP to finance and build the world's first energy island in the North Sea.The artificial island, which will produce and store enough green energy to cover the electricity needs of 3 million European households…
Ireland-based oil and gas firm Providence Resources has terminated the farm-out agreement with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.Providence, with its partner Lansdowne, had in November…
Australian gas producer Santos Ltd on Thursday posted a 9.2% rise in first-quarter revenue, helped by firmer commodity markets as global economies recover from last year's pandemic lows, and forecast stronger liquefied natural gas (LNG) prices for the second quarter…
U.S. offshore wind developer Atlantic Shores Offshore Wind will next month launch two buoys that will collect critical atmospheric and weather data, and track the migration of species of birds, fish, turtles and other animals that have been nanotagged by researchers…
Rhode Island-based owner and operator of crew transfer vessels (CTV) Atlantic Wind Transfers (AWT) has engaged classification society DNV for the company’s integrated Management System Certification as it seeks to scale up in the U.S. offshore wind industry…
Kishorn Port's proposal to extend the port’s dry dock has received approval from The Highland Council.'This is a further and significant step in the regeneration of the port and dry dock,' Kishorn Port, located on the North West coast of Scotland…
Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141 in swamp/shallow waters offshore Nigeria, has entered into a non-binding collaboration agreement with OES Energy Services Limited ('OES')…
Mozambique President Filipe Nyusi said on Wednesday the government will work to restore peace in the country after a deadly militant attack last month near multi-billion-dollar gas projects backed by global oil companies.'We will make all efforts to return peace to our country…
Malaysia's Petronas has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum.The South East Collins Cluster, located in water depths of 42 to 45 meters 70km northeast of Labuan Island…
Norwegian oil and gas company Equinor, with its partners Total and Vår Energi, has made an oil and gas discovery in a new segment belonging to the Tyrihans field in the Norwegian Sea. Recoverable resources are so far estimated at between 3.0 and 4…
Private investment fund Remus Horizons which last week launched a conditional takeover offer for the Australian oil company FAR, eyeing its stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development, is now backing out from the FAR pursuit…
Qatari shipping and offshore services company Milaha and oilfield services giant Schlumberger held a virtual event to mark the start of operations of the first Qatari-owned offshore well stimulation vessel Halul-48, Milaha said Monday.The collaboration…
Danish offshore drilling company Maersk Drilling has won a one-well contract extension for its Maersk Integrator jack-up drilling rig with Aker BP in Norway.The contract is expected to start in December 2021, in direct continuation from the rig's current scope for Aker BP…
Masirah Oil Limited said Tuesday that gross oil production in March 2021 from its Yumna Field in offshore Block 50 Oman, amounted to 12,672 stock tank barrels per day (stb/d).On March 17, 2021, Masirah Oil Limited announced the completion of the upgrade to the Yumna Field process facilities…
Norway's Solstad Offshore has signed a contract with TAQA Bratani Limited for the platform supply vessel Sea Flyer.The vessel will be used to support TAQA’s UK North Sea assets for a firm period of two years. The contract is expected to begin in July 2021…
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