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Oceaneering Wins Asset Integrity Work in Middle East

May 20, 2020

Offshore services provider Oceaneering has been awarded an asset integrity contract from a major operator based in Dubai, UAE. Oceaneering said Wednesday that the 'considerable asset integrity contract' included the provision of general and…

ADNOC to Power Offshore Platforms from Shore

May 01, 2020

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Power Corporation (ADPower) have this week jointly announced tender for they development and operation of the region’s first high-voltage, direct current (HVDC) sub-sea transmission system…

Sakhalin-2 LNG Plant Ships Out 1,800th LNG Cargo

Mar 26, 2020

The Port of Prigorodnoye on the Pacific coast in the Russian Far East has loaded its 1,800th LNG cargo produced at the Sakhalin-2 LNG plant, in operation since 2009, Gazprom has informed.The LNG cargo was loaded onto the Hyundai Aquapia LNG carrier…

New Oil and Gas Project Spending to Fall 68% in 2020 if Oil Price Stays Low

Mar 24, 2020

Oil and gas project sanctioning in 2020 could drop almost 70% compared to 2019 if the oil prices remain in the $30 a barrel area, Norway-based Rystad Energy said in an analysis on Monday.'The effect of the COVID-19 virus on global demand for oil and gas…

Saipem in Saudi JV Push

Feb 26, 2020

Italian oilfield services firm Saipem has signed a memorandum of understanding with the Saudi construction company Abdel Hadi Abdullah Al Qahtani & Sons Company (AHQ). Saipem said Tuesday that the memorandum set the path to towards the creation of a Joint Venture in Saudi Arabia…

Caspian Sunrise Buying Offshore Exploration Vessel

Jan 21, 2020

Caspian Sunrise, a Kazakhstan-focused oil and gas explorer, is venturing into offshore oil and gas exploration. The company, which has mostly been focused on onshore activities on Tuesday proposed the acquisition of the  Caspian Explorer drilling vessel…

Saipem Inks Deal with Daewoo for Onshore Projects

Nov 11, 2019

Italy's Saipem said on Monday it signed a strategic agreement with Daewoo E&C Co. for cooperation in the onshore oil and gas industry, with a specific focus on the liquefied natural gas (LNG) sector.'LNG is strategic for us and we are definitively…

India Gets 8 Bids for 7 Onshore Blocks

Nov 01, 2019

India has received 8 bids for 7 onshore oil and gas exploration blocks under the latest auction, a government statement said.State-run Oil and Natural Gas Corp has submitted bids for all 8 blocks.State-run Oil India has put in a bid for 1 block.(Reporting by Nidhi Verma; editing by David Evans)

Timor Resource to Drill 5 Wells in Timor-Leste

Sep 18, 2019

Australian privately-owned oil and gas company Timor Resources said it has commissioned Eastern Drilling to commence drilling operations in the Southeast Asian country of Timor-Leste.One of the world’s last frontiers for oil and gas, Timor-Leste's…

Equinor to Clean up Onshore Bahamas Spill

Sep 08, 2019

Equinor will clean up the onshore oil spill discovered this week at its Bahamas storage terminal in the aftermath of hurricane Dorian, the Norwegian energy company said on Sunday.In preparation for the hurricane, Equinor shut down operations at the South Riding Point terminal on Aug…

Green Marine Secures Windfarm Deal

Aug 26, 2019

Orkney-based Green Marine won a three-year contract to deliver operations and maintenance work for Equinor’s Dudgeon offshore windfarm.Green Marine will supply its Damen-built 2610 Twin Axe vessel, Green Storm, to assist in the operations and…

Investments in Exploration Drilling to Double

Aug 05, 2019

Rystad Energy sees investments both in offshore and onshore exploration drilling doubling in the next five years, compared to the last five years. Conventional onshore demand will be driven by Asia, Africa and South America.Europe on the other hand…

Boskalis Wins Woodside Scarborough Contract

Jul 30, 2019

Dutch dredging company Royal Boskalis Westminster N.V. has been awarded the contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in northwest Australia.The contract awarded by Woodside Energy Ltd…

Europe Installs 1.9 GW Offshore Wind Capacity in H1

Jul 26, 2019

Europe added 1.9 GW of new offshore wind was installed in the first half of 2019, up from the 1.1 GW added in the same period in 2018, according to figures released by WindEurope.The UK (931 MW), Denmark (374 MW), Belgium (370 MW) and Germany (252 MW) accounted for these installations…

TRIG Acquires French Wind Farms

Jul 19, 2019

UK-based investment fund  The Renewables Infrastructure Group (TRIG) has acquired stakes in four French onshore windfarms, with a total capacity of 107.8 MW. InfraRed’s listed renewables vehicle did not disclose financial details of acquisitions…

Current News

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Russia's Seaborne Oil Product Exports Fell in March

Russia's Seaborne Oil Product Exports Fell in March

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

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