Australian oil company Carnarvon Petroleum is gearing up to start drilling at its Buffalo oil field project, in the Timor Sea, offshore East Timor.The company has awarded the drilling management services to Petrofac, which will include completion of detailed well design…
Simec Atlantis Energy (SAE) has informed that its Scottish built tidal turbine and generation equipment have been successfully installed in the Goto Island chain in Japan. 'The tidal turbine clocked its first 10MWh of generation within the first…
Palfinger has won an order to deliver cranes, lifeboats, a rescue boat, and davits for Malaysia-based Yinson's Anna Nery FPSO, which will, once complete be deployed at Petrobras' Marlim 2 field offshore Brazil.Under the order, Palfinger will…
Offshore seismic surveyor Shearwater GeoServices has been awarded two 3D surveys in offshore Western Australia.The three-month campaign, with an undisclosed client, comprises more than 3,200 square kilometers and is expected to start in the second quarter of 2021…
Japan's biggest oil and gas explorer Inpex Corp posted a net loss of 111.7 billion yen ($1.1 billion) in 2020 as the COVID-19 pandemic hammered oil prices, cutting its sales and forcing it to book hefty impairment losses.The result marks Inpex's…
Sapura Energy, a Malaysian integrated oil and gas services and solutions provider, said Wednesday its Engineering and Construction (E&C) and Drilling divisions have recently secured contracts with a combined value of about RM1.85 billion (around USD 457 million)…
Japanese oil company Cosmo has been awarded exploration concession for Offshore Block 4 in Abu Dhabi, ADNOC, the Abu Dhabi national oil firm said.Under the agreement, Cosmo will own a 100 percent stake in the exploration phase, investing up to $145 million towards exploration and appraisal drilling…
France's Total posted better than expected earnings in the fourth quarter as oil prices stabilized, and said it would change its name as part of a push to diversify and grow renewable power and electricity production.The French oil and gas major…
State-owned oil companies could squander about $400 billion on investments in the next decade on new oil projects that will struggle to turn a profit as the world shifts away from fossil fuels, a non-governmental organization said on Tuesday…
Oilfield services company Petrofac said Tuesday it has secured a Well Project Management contract in Australia with the Thai oil firm PTTEP.Petrofac will provide all project manpower to enable the execution of plug and abandonment operations…
China's offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project in the South China Sea, a state-owned media has reported…
Qatar Petroleum on Monday took the final investment decision for the development on the North Field East Project (NFE), in what the company said was the world’s largest LNG project ever. The total cost of the project is estimated at $28.75 billion…
Following reports that workers aboard Petronas' Yetagun oil platform off Myanmar were stranded due to a military coup in the country, the Malaysian oil firm said it was working to ensure the safety of those aboard.'Petronas is extending the…
Australian offshore oil and gas regulator NOPSEMA on Friday said it was taking compliance action against oil firm Woodside Energy Ltd to ensure safe and responsible decommissioning of the Nganhurra riser turret mooring. The regulator said it was looking at possible breaches of law…
Guyana on Thursday abruptly terminated an agreement with Taiwan to open an office in the South American country, hours after China urged Georgetown to 'correct their mistake.'Taiwan's foreign ministry earlier on Thursday said it had signed an agreement with Guyana on Jan…
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