Vaalco on track for FSO deployment offshore Gabon
Vaalco's activities offshore Gabon, which are related to field reconfiguration and replacement of an FPSO with an FSO, are still on schedule. The post Vaalco on track for FSO deployment offshore Gabon...
View ArticleBaltic Pipe to restart paused construction as it obtains new environmental...
The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the […] The post Baltic Pipe to restart paused construction as it obtains new environmental permit appeared...
View ArticleU.S. and 30 IEA allies to release 60 million barrels of oil from reserves to...
In response to Russia's attack on Ukraine, the U.S. and 30 countries have committed to releasing 60 million barrels of oil from strategic reserves. The post U.S. and 30 IEA allies to release 60 million...
View ArticleMocean Energy lands funds to build wave energy device for oil and gas sector
Scottish company Mocean Energy has secured €875,000 to accelerate the commercial roll-out of its wave energy technology and drive its adoption in offshore oil and gas sector. The post Mocean Energy...
View ArticleShearwater returns to Edvard Grieg, divests four seismic vessels
Shearwater GeoServices has won a contract with Lundin Energy Norway to deliver a 4D […] The post Shearwater returns to Edvard Grieg, divests four seismic vessels appeared first on Offshore Energy.
View ArticleFollowing engine failure, Jadestone back to full output at Australian field
Following repairs, Jadestone Energy has restored full production at the Montara field, located in the Timor Sea off Australia. The post Following engine failure, Jadestone back to full output at...
View ArticleReport: Nord Stream 2 AG considers insolvency following US sanctions
Nord Stream 2 AG, the Switzerland-based company that built the namesake Germany-Russia gas pipeline, […] The post Report: Nord Stream 2 AG considers insolvency following US sanctions appeared first on...
View ArticleExxonMobil joins other majors in ditching Russian projects and investments
Following the footsteps of the European giants, U.S. major ExxonMobil is also looking to exit its position from a project in Russia. The post ExxonMobil joins other majors in ditching Russian projects...
View ArticleNorwegian contractor boasts largest ever delivery after completing another...
Aibel has completed the construction of the second P2 processing platform for the Equinor-operated Johan Sverdrup project located off Norway. The post Norwegian contractor boasts largest ever delivery...
View ArticleOil prices jump as sanctions spur supply fears while OPEC+ reconfirms output...
Oil prices touched a peak of $113 per barrel and eased to $111 on Wednesday amid fears about the impact of Russia's attack on Ukraine and the resulting sanctions. The post Oil prices jump as sanctions...
View ArticleSubsea contractor targets electrification market for oil & gas through...
Norwegian subsea contractor Havfram has revealed its goal to become one of the future […] The post Subsea contractor targets electrification market for oil & gas through offshore wind appeared...
View ArticleConocoPhillips picks up drilling permit for Norwegian Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located offshore Norway. The post ConocoPhillips picks up drilling permit for...
View ArticleOneSubsea picks Vallourec’s solution for Bacalhau project
OneSubsea, the subsea technologies division of Schlumberger, has contracted Vallourec to supply upset riser joints for the Bacalhau project offshore Brazil. The post OneSubsea picks Vallourec’s...
View ArticleWintershall Dea writes off Nord Stream 2 financing over Russia’s attack on...
German oil and gas company Wintershall Dea has decided not to advance or implement any […] The post Wintershall Dea writes off Nord Stream 2 financing over Russia’s attack on Ukraine appeared first on...
View ArticleNew batch of contracts for North Star fleet marks its ‘most sizeable order...
North Star has inked contracts totalling over $133 million, marking its most sizeable ERRV order book in recent years. The post New batch of contracts for North Star fleet marks its ‘most sizeable...
View ArticleM.A.R.S. purchases diving support vessel
Modern American Recycling Services (M.A.R.S.) has completed the acquisition of the DP3 diving support […] The post M.A.R.S. purchases diving support vessel appeared first on Offshore Energy.
View ArticleOil demand to take a severe hit if Russia’s war in Ukraine is prolonged – Rystad
War in Ukraine could result in as much as 1 million bpd of oil demand being removed from the global market, research by Rystad Energy shows. The post Oil demand to take a severe hit if Russia’s war in...
View ArticleBW Offshore wins extension deal for sold FPSO
BW Offshore received a contract extension for an FPSO operating offshore Indonesia, which has been sold recently. The post BW Offshore wins extension deal for sold FPSO appeared first on Offshore Energy.
View ArticleSouth Africa JV secures rig for high-impact exploration well
A joint venture partnership for a block off South Africa has secured a rig from a Norwegian contractor to drill a high-impact well. The post South Africa JV secures rig for high-impact exploration well...
View ArticleQatarEnergy and Namibia’s national oil company team up to develop oil & gas...
QatarEnergy has signed a cooperation agreement with Namibia's NAMCOR to support and develop a sustainable oil and gas sector in Namibia. The post QatarEnergy and Namibia’s national oil company team up...
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