Norwegian marine seismic acquisition company PGS has begun a multiclient 3D seismic survey in the Campos Basin offshore Brazil.The company started the survey on February 25, using its Ramform Titan vessel. According to PGS, Te Campos Deepwater GeoStreamer X project will deliver high-quality…
Somalia has agreed an initial roadmap with a Shell/Exxon joint venture to explore and develop potential offshore oil and gas reserves, the Ministry of Petroleum and Mineral Resources said on Monday.'I am delighted we have agreed an initial roadmap with the Shell/Exxon joint venture…
Offshore installation contractor Subsea 7 on Tuesday said it had won a contract from Murphy Oil for the provision of the subsea installation services related to the Samurai, Khaleesi, and Mormont developments in the U.S. Gulf of Mexico.The contract…
Tower Resources has found a farm-in partner for its Thali block offshore Cameroon. The company on Monday said it had executed binding heads of terms for a farm-out of a Thali block share with OilLR Pty Ltd. The farm-out covers US$7.5 million…
Offshore energy stocks, about 34 of them, soared in value on Monday, as investors ignored corona-virus fears and heeded instead a number of U.S. and Norwegian market reports.Shares in Northern Drilling soared 31.48 percent by mid-morning in Oslo (before settling 12 percent up)…
A J.F. Lehman & Company affiliate has completed the acquisition of Global Marine Group, a provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas industries.Global…
Subsea 7 has won what it describes as 'a large contract' by ConocoPhillips in Australia. Subsea 7 defines a large contract as between $300 million and $500 million.The contract is for the supply of the SURF scope for the Barossa Project. The…
Danish offshore drilling contractor Maersk Drilling has secured a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt with an unnamed client.The contract has an estimated duration of 21 days and is expected to start in March 2020…
Vice president of Russian oil producer Lukoil, Leonid Fedun, said on Monday the company aimed to become a net zero carbon emitter by 2050.'It is realistic to a reach zero carbon footprint' for us, he said at a presentation.(Reporting by Vladimir Soldatkin…
Klein Marine Systems Selects Cambridge Pixel’s RadarWatch and Target Tracking Technology to Protect Korean Offshore Wind FarmCambridge Pixel, a developer of radar display, tracking and recording sub-systems, has supplied its RadarWatch coastal surveillance software…
Jumbo has been awarded a contract to support DEME Offshore in its scope of work on Ørsted’s Hornsea Two offshore wind farm. Jumbo’s scope of work in the project is the provision of transportation for 165 monopiles from Rostock to Eemshaven and…
Dutch offshore service provider Ampelmann said it has added Guyana as a new market to its global portfolio following a contract award from compatriot floating production and mooring systems firm SBM Offshore.Ampelmann said it assisted the hook-up and commissioning of the SBM floating production…
Royal Dutch Shell's Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalized, a spokesman said.Shell operates the offshore field via its Nigerian subsidiary SNEPCo…
Equinor and partner Neptune have struck oil in the Sigrun East prospect in the central part of the North Sea. Recoverable resources are estimated at between 7 and 17 million barrels of oil equivalent.Exploration wells 15/3-12S and 15/3-12AT2…
French oil company Total plans to invest between $600 million and $700 million per year in Brazil for oil exploration and production through 2024, newspaper Valor Economic reported on Monday.Total's global chief for oil and exploration, Arnaud Breuillac…
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