Talos Energy and its partners have discovered commercial quantities of oil and natural gas in the Ewing Bank 953 well in the Gulf of Mexico.The EW 953 well encountered approximately 127 feet of net pay in the target sand at approximately 19,000 feet true vertical depth.Preliminary data indicates an estimated gross recoverable resource potential of approximately 15 – 25 million barrels of oil equivalent…
Africa-focused oil and gas company VAALCO Energy has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, which will be used for its investment programs across diversified asset base over the next few years…
Equinor has awarded Tromsø-based Lufttransport RW the assignment of operating five new helicopters from manufacturer Leonardo, which will be used to transport passengers on the Norwegian continental shelf (NCS).The five new helicopters are type AW189 aircraft…
Archer Wind, Archer’s floating offshore wind solutions provider, has been awarded its first contract by TotalEnergies for delivery of the floating wind foundation for the Culzean Wind Pilot.The Culzean Wind Pilot will be connected to the Culzean platform…
Wind Catching Systems announced its 40MW Windcatcher design has received approval in principle (AIP) from DNV.The objective of an AIP is to perform a third-party technical evaluation of a design to assess whether there are any conceptual showstoppers or rule compliance aspects that need improvement…
India's cabinet has approved funding program for offshore wind energy projects at a total cost of 74.52 billion rupees ($893.60 million), the government said in a statement on Wednesday.India, one of the world's biggest emitters of greenhouse gases…
The production of new cables with a voltage of 525 kV, intended for the BalWin4 and LanWin1 offshore wind grid connection projects, has started at LS Cable’s facilities in South Korea.The start of production at LS Cable in South Korea’s Donghae…
Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.Chevron last October offered to acquire Hess in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields…
Renewable energy industry supplier Ocean Geophysics has introduced a solution to recycle and reprocess freely available seismic data, which can help developers reduce cost and risk when deciding which wind farms to bid for or not.In Europe and Australia…
Saipem’s underwater intervention drone Hydrone-R, currently operating on Equinor's Njord Field development project offshore Norway, has achieved the milestone for continuous subsea residency of 167 days.The project, for which Saipem’s Hydrone-R is deployed…
Oilfield services provider Petrofac has secured a technical services contract from the national oil company of Equatorial Guinea GEPetrol to support the operations of Block B assets.Under the contract, valued at around $350 million over five years…
BW Offshore has signed an agreement to recycle FPSO Petróleo Nautipa in compliance with the Hong Kong International Convention at Baijnath Melaram ship recycling facility in India.BW Offshore intend to have BW Offshore personnel continuously at the site during the recycling period…
McDermott has appointed Maurizio Coratella to be Executive Vice President and Chief Operating Officer effective May 1, 2024.In his new role, Coratella will apply his more than three decades of industry leadership and engineering and construction…
Norwegian oil company Equinor EQNR.OL has ordered 15 new helicopters from manufacturers Leonardo LDOF.MI and Textron's TXT.N Bell, with first deliveries expected next year, broadening the range of available aircraft, it said on Friday.The announcement…
Equinor has awarded a contract to operate two new search and rescue helicopters (SAR) for the Troll and Oseberg area in the North Sea to Lufttransport.The new helicopters will be part of the SAR emergency response system and carry out assignments…
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