The Federal High Court of Lagos in Nigeria has ordered General Hydrocarbons Limited (GHL) to pay $105 million to Oslo-listed offshore drilling firm Dolphin Drilling for the termination of deal for the semi-submersible rig that was hired for operations off Nigeria.On July 14, Nigerian court made an order granting Dolphin Drilling leave to enforce the arbitration award. The total sum due under the arbitration award is approximately $105 million…
The heads of Russia's Gazprom and China's energy company CNPC discussed future Russian gas supplies to China during talks in Beijing, Gazprom said on Friday, as Moscow seeks stronger ties with the world's biggest energy consumer.Russia, the holder of world's largest gas reserves…
Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…
Hindustan Oil Exploration Company said on Friday it has temporarily suspended production at one of its oilfields in western India due to adverse weather and is monitoring the situation to resume output when the weather improves.The floating…
Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on Saturday, prompting Iran to partially suspend its production…
The latest edition of the International Energy Agency’s World Energy Investment report demonstrates how the global energy scene has changed from when the first edition of the report in 2015 showed energy investment in China just edging ahead of that of the United States…
Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's strategy.Ivory Coast has extended the 'red carpet' for Petrobras…
French seismic company Viridien has sold its Sercel Marlin Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore exploration and production (E&P) operations in India…
The Panna-Mukta and Tapti (PMT) joint venture partners, consisting of Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed India's first offshore facilities decommissioning project…
Technip Energies has secured a detailed engineering design contract by India’s EPC contractor Larsen & Toubro (L&T) for the expansion of QatarEnergy LNG’s North Field, one of the largest natural gas fields the world.Under the contract, Technip Energies…
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