Oilfield services company Petrofac said Tuesday it has secured a Well Project Management contract in Australia with the Thai oil firm PTTEP.Petrofac will provide all project manpower to enable the execution of plug and abandonment operations…
China's offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project in the South China Sea, a state-owned media has reported…
Qatar Petroleum on Monday took the final investment decision for the development on the North Field East Project (NFE), in what the company said was the world’s largest LNG project ever. The total cost of the project is estimated at $28.75 billion…
Independent Oil and Gas (IOG), and oil and gas company focused on the UK North Sea, has has appointed David Gibson as its new Chief Operating Officer.'David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career…
Brazilian oil giant Petrobras has sold its 30 percent stake in the Frade offshore oil field to PetroRio. With the completion of the transaction, PetroRio now fully owns the field, located in the Campos Basin, north coast of the state of Rio de Janeiro…
Irish-based oil and gas firm Providence resources on Monday refuted Irish media reports that the company was in merger talks.Business Post on Sunday reported that the company had been approached by the Norwegian firm SpotOn Energy, which last…
Following reports that workers aboard Petronas' Yetagun oil platform off Myanmar were stranded due to a military coup in the country, the Malaysian oil firm said it was working to ensure the safety of those aboard.'Petronas is extending the…
Malaysia's state energy firm Petronas recently launched a tender for the construction of 16 offshore support vessels (OSV), The Edge Weekly reported on Saturday.The newspaper reported, citing sources, that the invitation to bid is for the first…
French oil major Total, in partnership with Macquarie’s Green Investment Group (GIG), has secured rights to a seabed lease for offshore wind development in the UK.The lease is located in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4…
South Korean national oil company KNOC has booked the Maersk Viking drillship to drill one exploration well in Block 6-1 offshore South Korea.Maersk Drilling, the owner of the offshore drilling rig, said Monday the would begin in June 2021, in direct continuation of the rig’s previous work scope…
British oil major BP and its partner EnBW, an energy company from Germany, have been selected as preferred bidders for two 60-year advantaged leases in UK’s first offshore wind leasing round in a decade.The partners have been selected as preferred…
The consortium behind the Russia-led Nord Stream 2 natural gas pipeline has resumed laying pipes in the waters of Denmark, it said on Saturday, despite mounting pressure on the project from Washington.Construction of the link, which would double…
Norwegian maritime and offshore energy forces teamed up in January to create Deep Wind Offshore, a new name in offshore wind.Deep Wind Offshore, founded by the Norwegian shipping company Knutsen OAS and one of Norway’s larger utilities Haugaland Kraft/SKL (Sunnhordland Kraftlag)…
UK-focused oil firm Ithaca Energy has restarted production from its FPF-1 offshore platform in the North Sea, some two weeks after a Covid-related shutdown.To remind, Ithaca had shut down production after four four crew members from the offshore…
Nigeria's state oil company is renegotiating commercial contract terms with major oil firms, its chief told Reuters, in a move that it hopes will keep investment flowing into a sector crucial for its economy at a time when spending is being slashed…
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