BP's closely watched Ironbark exploration well offshore W. Australia, which partners had hoped could unearth 15tcf of gas, has not encountered hydrocarbons, not in significant volume anyway.Beach Energy, BP's partner in the project, said Tuesday that the well had been drilled to a total depth of 5…
Danish offshore wind developer Ørsted has agreed to sell a 50 percent stake in its 605 MW Greater Changhua 1 offshore wind farm in Taiwan to a consortium comprising Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE…
The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 2.6 kilometer-long portion of the pipeline, which had been stalled by the threat of U.S. sanctions.'We have completed this work…
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore's KrisEnergy Ltd and the government, both parties said on Tuesday, bringing an end to years of delays.Prime Minister Hun Sen…
China's ZPMC has launched the Ulstein-designed JSD 6000 deepwater heavy-lift pipelay vessel at its facilities at Qidong. According to information shared by Ulstein via social media, the JSD 6000 was launched Sunday, December 27. The dynamically-positioned ‘JSD 6000’ is will feature heavy lift…
Colombian oil and gas company Ecopetrol has informed that Shell has completed the previously agreed acquisition of 50 percent interest in three Colombian deepwater oil and gas blocks.The two companies signed an agreement in February which entailed…
Andrew Furey, Premier of Canadian province Newfoundland and Labrador, has announced financial support for the Hibernia offshore oil and gas project, operated by Exxon-led Hibernia Management and Development Company Ltd. (HMDC).HMDC operates the giant Hibernia Oil platform…
The Russian pipe-laying vessel Fortuna has left the Nord Stream 2 gas pipeline construction site in the Baltic Sea, Refinitiv Eikon data showed on Monday, indicating that the 2.6-km stretch of the project in German waters may have been completed…
Brazilian oil company PetroRio has signed an agreement to buy a 1974-built semi-submersible drilling rig for one dollar.The company earlier this month said it had signed a deal with Ventura for the acquisition, for US$ 1.00 (one US Dollar), of the Atlantic Zephyr rig…
Wind turbine maker Siemens Gamesa Renewable Energy has awarded Global Wind Service (GWS) with pre-assembly, transport, and offshore installation contract for all 89 turbines comprising Wind Farm Fryslân in the Netherlands. The scope of work includes transport and storage of components…
Australian offshore vessel operator MMA Offshore has recently secured two new contracts for its Multi-Purpose Support Vessel the MMA Privilege.The first contract is for the provision of accommodation and walk-to-work services to support FPSO shutdown operations in Côte d'Ivoire…
Australian oil and gas company Santos has been granted an offshore exploration license in Northern Carnarvon Basin, offshore W. Australia.The Exploration Permit WA-546-P was granted by National Offshore Petroleum Titles Administrator (NOPTA) earlier this week…
The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration officials said on Wednesday…
Rockhopper Exploration on Thursday said that a ruling on its arbitration against Italy over Ombrina Mare offshore field in the Adriatic Sea could be expected in early 2021, adding it expects to receive 'significant monetary damages.'The company…
Malaysia's Dayang Enterprise has secured a contract extension from Shell for the provision of topside maintenance services in Malaysia.The company has signed contract extensions with Shell's Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Company Limited…
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