BP and Serica Energy received a conditional licence from U.S. authorities to continue operating a North Sea gas field partly owned by Iran's national oil company, Serica said in a statement.The U.S. Office of Foreign Assets Control extended a licence for U…
Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petrofac since 2014, commenced on September 30…
U.S. oil group Chevron has a potential buyer for its stake in one of the UK North Sea's biggest oil and gas developments, a company spokeswoman said on Wednesday.The sale of its 40 percent stake in the Rosebank project would mark Chevron's complete…
French oil and gas major Total said it has agreed to take all of Chevron's share capital in the Danish Underground Consortium (DUC), which will increase its stake in the project and expand its North Sea presence.The acquisition comes a day after…
Rowan Companies plc announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a two-well contract in the Mediterranean Sea by Turkish Petroleum with an estimated duration 100-140 days. The contract is expected to commence in late 2018…
Offshore access solutions provider Ampelmann said it has won five new contracts for its Walk to Work (W2W) solutions in the offshore wind market over the course of September. These projects will see two A-type and three E-type systems installed on vessels operating in the North Sea…
ROV services provider M2 Subsea has completed a contract with Ithaca Energy UK Limited to conduct a subsea system survey of a North Sea field.The company deployed the Go Electra multi-service vessel equipped with a Triton XLX work class ROV to the Stella field…
The North Sea physical oil market is letting off a distress signal - crude is once again being stored on ships – as production increases from major exporters threaten a fragile balance between global supply and demand.Reuters data shows nearly…
Swedish utility Vattenfall said its Ringhals 2 nuclear reactor was running at 49 percent capacity on Tuesday as the sea water used to cool it nears an upper temperature limit.Water from the Baltic Sea is used to cool several nuclear reactors along Sweden's coastline…
Offshore wind power plants in Germany's North Sea produced 5.15 percent more electricity from January to June than in the same period in 2017 at 8.17 terawatt hours (TWh), TenneT, the grid operator for the region, said on Thursday.On the day of highest capacity use…
Japan has protested to China for allowing a gas drilling vessel to operate in disputed waters in the East China Sea, the government said on Friday. Japan and China agreed to jointly develop gas fields in the area in 2008 but talks have since stopped…
China's offshore oil and gas producer CNOOC has started developing a new gas field in the South China Sea, the official Xinhua News Agency reported on Tuesday.The Lingshui 17-2 gas field is the first deep sea gas block fully operated by a Chinese company…
Drilling in the South China Sea by Rosneft is within Vietnamese territorial waters, the Russian state oil firm said in a statement on Thursday, two days after its Vietnamese subsidiary began drilling in Vietnamese waters claimed by China.Rosneft's local unit…
Italian oil major Eni has no plans to pull out of its joint venture with Russia's Rosneft despite escalating sanctions against Russia, the head of Eni said on Wednesday.'We certainly have not pulled out, we're working with them,' CEO Claudio Descalzi said on the sidelines of a conference…
Alaska Governor Bill Walker said on Tuesday he has asked U.S. Interior Secretary Ryan Zinke to pare back a Trump administration plan for oil and gas leasing off the state's coast. While Walker supports offshore oil development, he said the…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
