Shallow water drilling rig contractor Shelf Drilling has secured a contract for one of its jack-up drilling rigs with the Indian national oil and gas company ONGC.The three-year contract is for the 1975-built F.G. McClintock jack-up rig. ONGC…
Wage talks involving around 8,000 oil drilling workers in Norway broke down on Thursday, labor unions said, raising the risk of strike action that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…
The European Parliament urged that former German Chancellor Gerhard Schroeder be blacklisted if he does not quit the board of Russian state-owned oil company Rosneft ROSN.MM in a move also meant to dissuade him from taking a top job at Gazprom GAZP…
The chief executive of Brazil's state-run oil company Petrobras, Jose Mauro Coelho, said on Wednesday that offshore wind power is among the alternatives being studied by the firm for the long run.Speaking at an event about carbon markets, Coelho…
Colombia's majority state-owned energy company, Ecopetrol, on Wednesday announced an agreement to develop four offshore, deep-water blocks with a subsidiary of U.S. oil major Occidental.The four blocks are located in deep waters some 150 kilometers off Colombia's northern Caribbean coast…
A new set of factors beyond bidding price is gaining traction in global tenders to award licenses for offshore wind farms and will determine the winners and losers in a highly competitive industry, a new report by energy research firm Wood Mackenzie shows…
French seismic data acquisition and processing company CGG won a multi-year contract with the Norwegian energy company Equinor.The contract is for 4D seismic imaging of multiple towed-streamer and OBC datasets from the Gullfaks field area in the Norwegian North Sea…
Offshore wind installation contractor Fred. Olsen Windcarrier (FOWIC) has won a contract to support the jacket installation campaign on the Neart na Goithe (NnG) offshore wind farm in the UK, using its jack-up installation vessel, the Blue Tern…
Australian oil and gas company Woodside said that its shareholders voted to approve the proposed merger with BHP's oil and gas business at its Annual General Meeting on Thursday, with 98.66% of the votes in favor of the merger.'All conditions…
Gas producers in Australia are dusting off plans for new projects as Asian customers fret over energy security following Russia's invasion of Ukraine and seek gas with lower carbon credentials.With sanctions on Moscow stalling Russian liquefied natural gas (LNG) export projects…
Vallourec is starting a process to close its German manufacturing sites as it had failed to find a 'credible' buyer for the assets, the French steel pipe maker said on Wednesday.Vallourec also said it would close its heat treatment line in Saint-Saulve in France and a site in Scotland…
Offshore accommodation rig provider Prosafe has agreed with China's Cosco shipyard to extend delivery flexibility for the Safe Nova and Safe Vega flotels, under the deal first entered in August 2018.'It remains the intention that Prosafe will…
Fuel management solutions company FUELTRAX reports it has named Integrated Marine Solutions (IMS) as its Saudi Arabian partner to focus on sales and installation for clients in the region.Located in northeastern Saudi Arabia, along the Arabian Gulf…
The European Commission on Wednesday unveiled a 210 billion euro [about $220 billion] plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away from Moscow to quicken its transition to green energy.The invasion of Ukraine by Russia…
Oilfield services company Petrofac has won a contract with Tullow Oil to provide well-decommissioning services in Mauritania, taking over from Danish company Maersk Decom, which said it would close down the company.The contract, with a potential total value of more than $60 million…
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