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China, France to Develop OWP Project

Apr 12, 2019

China Energy Investment Corporation (CHN Energy) and Électricité de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province, Chinese official media reported.As per the agreement…

Brazil Government to Pay Petrobras $9 Bln

Apr 10, 2019

The Brazilian government reached a landmark deal to pay state-controlled oil company Petróleo Brasileiro SA $9.058 billion for revising a transfer-of-rights oil contract, Energy Minister Bento Albuquerque said on Tuesday.Albuquerque told reporters…

Europe Offshore Fleet has 105 Wind Farms

Apr 10, 2019

There are now 189 GW of wind energy in Europe, making up 14% of the EU’s power demand. 18.5 GW of this is in Europe’s offshore fleet, whose 105 wind farms and 4,500 turbines now provide 40,000 jobs.According to WindEurope CEO Giles Dickson, this is set to grow…

Unique Group Debuts New Survey USV

Apr 10, 2019

Unique Group, a provider of  services and solutions for the offshore, subsea and life support industries, has designed and developed its first Unmanned Surface Vehicle (USV) called Uni-Cat.With proven hydrographic survey capabilities, the Uni…

Aasta Hansteen Field Shut after Gas Leak

Apr 09, 2019

Production at Equinor's Aasta Hansteen gas field remained shut on Tuesday after a gas leak the previous day.'We are focusing on finding the cause of the leakage and prepare for repairing. We are still working on that,' Equinor spokesman Morten Eek said…

Oil Slips from Five-Month High

Apr 09, 2019

Oil slipped from a five-month high above $71 a barrel on Tuesday as Russian comments signalling the possible easing of a supply-cutting deal with OPEC countered concern that violence in Libya could further tighten global markets.Supply curbs…

Eni Slander Probe Could Prompt Management Changes

Apr 05, 2019

Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.Eni and its Anglo…

Lebanon Announces Offshore Blocks

Apr 05, 2019

Lebanon announced on Friday five offshore blocks to be included in its coming bidding round for energy exploration and production licences, including four along disputed maritime borders.Offshore energy development has been a central ambition for successive governments in cash-strapped Lebanon…

AMS Wins Hornsea Two Gig

Apr 05, 2019

AMS Trenchless Specialists, North Lincolnshire-based engineering company, has won a huge contract for part of the onshore cable works for Hornsea Two, an offshore wind farm being constructed 89km off the Yorkshire Coast.AMS Trenchless Specialists…

Ecopetrol, Repsol Sign Joint Deal for Offshore Oil Block

Apr 03, 2019

Colombia's state-run oil company Ecopetrol has signed a joint contract with Spain's Repsol to operate an offshore block in the Caribbean, Ecopetrol said on Wednesday.The contract for the GUA-OFF-1 block is the second new offshore deal Ecopetrol has inked with the Colombian government this year…

NPD Report on High North Offshore

Apr 03, 2019

Norwegian Petroleum Directorate (NPD), Norwegian government agency responsible for the regulation of the petroleum resources on the Norwegian continental shelf, has presented a report on petroleum activity in the High North at the Barents Sea conference…

Petrobras to Bid in Israeli Gas Tender

Apr 01, 2019

Israel's energy minister said on Sunday that Brazilian state-run oil firm Petrobras will take part in a tender to explore for oil and gas off Israel's shore, Reuters reports.'It was agreed that Petrobras ... will take part in a process of oil and gas exploration in Israel…

Orinduik Partners to Drill 2nd Well Off Guyana

Mar 29, 2019

Partners Tullow Oil, Total and Eco Atlantic have chosen the Joe prospect for a second well in their much-watched Orinduik oil and gas field off Guyana's coast, Eco said on Friday.Eco earlier this month increased the estimate for the field to about 3…

Bourbon Wins Shell Contract in Bulgaria

Mar 28, 2019

Bourbon Marine & Logistics said on Thursday it has been awarded a contract from Shell to support the oil major's exploration drilling in the Black Sea offshore Bulgaria.The French services company said its project scope covers the full logistics solution project management…

US Offshore Drilling Takes Center Stage

Mar 28, 2019

U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans to expand fossil fuels production from the United States' public lands and waters…

Current News

Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of Oman’s Offshore Block 18

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

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