Some 922 workers on Norwegian offshore oil drilling rigs and floating production platforms could potentially go on strike on June 28 unless a pay deal is agreed, Norway's largest oil workers union Industri Energi said on Wednesday.The strike would hit oil companies' exploration efforts this summer…
Equinor and Barra Energia have completed their transaction announced in July 2018, whereby Equinor has acquired Barra's 10% interest in the BM-S-8 block in Brazil's Santos basin for a total consideration of $379 million.Upon the completion of this transaction…
A BP drilling rig reached its destination in the North Sea on Wednesday after 11 days of delays due to Greenpeace protests over climate change, the activist group said.The 40,000-metric-ton Paul Loyd JNR left Cromarty Firth, north of Inverness…
TechnipFMC said it has been awarded a number of subsea contracts by US-based Anadarko Petrleum for its Golfinho/Atum development offshore Mozambique.The UK-based firm said it was awarded a contract worth more than $1 billion for the engineering…
Indonesian seaweed farmers were set to seek more than A$200 million ($137 million) from Thailand's PTT Exploration and Production in a trial starting on Monday, to cover damage they say they suffered after Australia's worst oil spill.The class action represents more than 15…
Apache North Sea has extended its contract with Danish based ESVAGT for the Esvagt Observer, a standby vessel which has been servicing the Beryl field, 335 kilometers northeast of Aberdeen, since 2004. The latest contract extension is for four years…
UK based oil and gas company Hurricane Energy said it has sold its first cargo lifted from the Aoka Mizu floating production, storage and offloading unit (FPSO) at its Lancaster field offshore Scotland.The cargo was marketed by BP Oil International…
Cyprus and Greece heaped pressure on the EU on Tuesday to take action against Turkey over gas drilling in disputed waters, as Ankara said it would step up exploration in a move that could further strain ties with Western allies.Turkey and Cyprus…
U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie…
Chevron is combining technology and streamlined work processes to maximize production efficiencies in its mature offshore fields. Continued investments in the fields, reservoir surveillance, analytics and portfolio optimization are some of the…
Norway will seek to open two areas for the construction of floating offshore wind parks, which combined could hold a turbine capacity of up to 3.5 gigawatts (GW), the Norwegian oil and energy ministry said in a statement on Tuesday.The oil-producing…
US based Harvey Gulf announced on Tuesday that it has signed a pair of one-year charters in Nigeria, for the placement of two US-flag 3250DWT DPS-2 platform supply vessels (PSV). Both PSVs are capable of working in shallow water ports with 4…
Allseas’ record-breaking multipurpose heavy-lift and pipelay vessel Pioneering Spirit has completed the single-piece removal of the 25,000-metric-ton Brent Bravo topsides from the UK sector of the North Sea.Completed early Tuesday morning, the operation took approximately four hours…
Mooring solutions supplier SOFEC has selected an innovative mooring monitoring system (MMS) for a major new deepwater development offshore Mozambique.The new system, supplied under a teaming agreement between BMT and Sonardyne, will involve…
Turkey will launch a second drilling vessel on Thursday that will begin natural gas operations near Cyprus at the beginning of July, Turkish Energy Minister Fatih Donmez was quoted as saying on Tuesday.Turkey and the internationally recognized…
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