Floating wind farm foundations specialist Ideol has signed a letter of intent with the Port of Cromarty Firth in the UK, that could create more than five hundred new Scottish construction jobs.The agreement would see the French-based company…
Asia Pacific-focused oil and gas firm Jadestone Energy on Wednesday announced the voluntary relinquishment and termination of Service Contract 56 ('SC56'), offshore the Philippines. Oil and gas giant Total, the operator of the block, also relinquished its interest…
The UK Prime Minister Boris Johnson on Wednesday set out a ten-point plan for 'a green industrial revolution' which promises to create and support up to 250,000 British jobs.'Covering clean energy, transport, nature and innovative technologies…
Spanish-German wind turbine maker Siemens Gamesa Renewable Energy has informed that Marc Becker is to return to the company as CEO of its Offshore business.He served as Managing Director for Germany and Head of Offshore Sales and Projects at Siemens Gamesa before leaving the company in early 2020…
Africa-focused oil and gas company Vaalco Energy has agreed to buy Sasol's 27.8% interest in the Etame Marin block, and a 40% stake in Block DE-8, offshore Gabon. Vaalco said that the acquisition would almost double its total production and reserves…
Nigeria's House of Representatives will pass a long-delayed oil reform bill within six months, its speaker said on Tuesday, potentially paving the way for an overhaul of laws governing the country's oil and gas industry.The reforms have been…
Norwegian oil major Equinor said on Wednesday it will raise the output capacity at its Johan Sverdrup field by 30,000 barrels per day (bpd) to 500,000 bpd by the end of 2020, and plans a further increase next year.Sverdrup, the largest producing field in the North Sea…
An inadequate preload procedure was found to have led to the overturning of a liftboat in the Gulf of Mexico in September 2019, the National Transportation Safety Board (NTSB) revealed in an accident brief report on Tuesday.The accident occurred while the self-propelled…
Italian power cable company Prysmian has won a contract to provide export cables for RWE Renewable’s largest offshore wind project, 1.4 gigawatt (GW) Sofia offshore wind farm, in the UK North Sea.Prysmian will provide a turn-key high voltage subsea and land export cable connection…
Suriname's Staatsolie has offered eight offshore exploration blocks in the shallow waters off the coast of South America's smaller country up for bidding.Staatsolie, the national oil company of Suriname, said the blocks, covering around 13,524 km2…
U.S. oil major ExxonMobil has made another oil discovery off Guyana, at the Tanager-1 well, however, the discovery is reported as non-commercial.Unlike Exxon's previous Guyana wells which were drilled in the Stabroek offshore block, and which unearthed more than 8 billion barrels of oil…
Energy services company AGR has started decommissioning operations of Ireland’s first indigenous gas wells in the Kinsale Area in the Celtic Sea, on behalf of PSE Kinsale Energy.To remind, Kinsale Energy, a subsidiary of Petronas, in July said…
Fred. Olsen Renewables and Hafslund Eco have agreed to cooperate as equal partners on a 50/50 basis on the development of offshore wind and transmission concepts in Norway.'The combination of Hafslund Eco’s competencies as a power producer and grid operator with [Fred…
Oil firm Equinor expects global oil demand to peak by around 2027-2028, two-free years earlier than the company previously saw, as a result of the COVID-19 pandemic, it said on Tuesday.There is no agreement on when oil demand could peak, but…
French seismic data company CGG has been awarded two large-scale complex seismic reprocessing contracts by the Thai national oil company PTTEP.CGG said PTTEP was investing in the rejuvenation of pre-existing data sets from two regions offshore Malaysia…
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