Aker Energy's planned development of an oilfield in Ghana faces delay due to a disagreement with authorities over regulations, Norwegian investment company Aker ASA said on Friday.Aker said in May it expected Ghanaian authorities to approve a $4…
German utility RWE Renewables has opened its first Asian office in Tokyo, Japan and planning to invest in Japan’s offshore wind power (OWP) projectsLed by the Japanese Country Manager, the new Tokyo office will support RWE’s aim to expand its renewables business to Japan…
Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico.The agreement precedes a final investment decision (FID) for the full Whale project…
The Offshore Renewable Energy (ORE) Catapult launched a new multimillion dollar national Floating Offshore Wind Center of Excellence to drive forward the development of next generation offshore wind technologies.The initiative is backed by up to £500…
Marine geophysical company Polarcus said it has received an award for a 4D marine seismic acquisition project offshore West Africa.The project duration is approximately two months and is scheduled to commence in the fourth quarter of 2019 following a scheduled class docking.
Independent oil firm DNO swung to a third-quarter loss amid writedowns on assets in the North Sea and northern Iraq, the Norwegian company said on Thursday.The company's third-quarter loss came in at $140.9 million from a year-ago profit of $98…
Schlumberger said its subsea technologies division OneSubsea has secured a frame agreement with A/S Norske Shell for an engineering, procurement, construction and installation (EPCI) contract for the supply of a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea…
The International Court of Justice has delayed to early November the hearing of the maritime border dispute between Kenya and Somalia and hence delaying further the earlier approved offshore oil and gas exploration activities by both countries…
As global oil firms make ever-bigger bets on Brazil's massive deepwater fields in its 'subsalt' area, a swarm of small and mid-sized companies has sprung up to specialize in lower-profile fields that still produce over a third of the country's crude…
Bids for North Sea oil and gas firm Siccar Point, backed by private equity groups Blackstone and Blue Water Energy, are due on Nov. 7 and are likely to target specific assets rather than the whole company, four industry sources said.The list…
Swedish oil firm Lundin Petroleum , a partner in Norway's giant Sverdrup oilfield, posted a smaller-than-expected decline in third-quarter earnings on Thursday, while raising output forecasts and cutting capital spending guidance.Earnings before interest…
Norwegian energy company Equinor today, on behalf of the Gullfaks and Snorre partners, signed contracts totaling around NOK 3.3 billion ($358.6 million) for the Hywind Tampen wind farm development.The contracts have been awarded to Kværner AS…
Maersk Drilling said it has entered into a contract with Serica Energy UK Ltd. to drill a subsea development well at the Columbus Development in the Central part of the UK North Sea. The contract value is $8 million.The contract is expected to commence in the fourth quarter of 2020…
Seaway 7, Subsea 7's renewables and heavy lifting business unit, has won a contract from Jan de Nul for the Formosa 2 Offshore Wind Farm project in Taiwan.The contract scope includes the transportation, pre-piling and installation of 47 jacket foundations for wind turbines…
Offshore drilling contractor Dolphin Drilling announced a two-month contract extension with i3 Energy for use of the Borgland Dolphin semi-submersible drilling rig and agreed to enter into a four-year strategic operations agreement between both companies…
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