TechnipFMC’s flagship deepwater pipelay and construction vessel is embarking on a large-scale subsea project laying pipeline on the Equinor-operated Peregrino Phase 2 Project in the Campos Basin offshore Brazil.According to TechnipFMC, Deep…
UK-focused Independent Oil and Gas (IOG) said it plans to spud an appraisal well in the Harvey prospect during the first week of August.The Maersk Resilient is currently due to finish its prior operations over the coming week and start re-locating to Harvey…
After two and a half years of work, the M40 module for the Wintershall DEA operated Dvalin project offshore Norway is now ready for delivery and sail away, makred by a July 18 ceremony outside the North Sea Hall at Aibel’s yard in Haugesund…
Aker BP has made an oil discovery in an area nicknamed NOAKA near the Alvheim field in the central part of the North Sea, the Norwegian Petroleum Directorate confirmed on Tuesday.Aker BP, operator of production licence 442, had announced the discovery earlier in July…
TechnipFMC announced on Monday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Neptune Energy for the Seagull project, located in the UK North Sea.The contract, which is said to be worth $75 million-$250 million…
Suppliers hoping to tap the fast-warming Eastern Mediterranean energy market need look no further than the consortia submitting bids on 12 of 19 exploration blocks offshore Israel.With gas-supply deals in place with Egypt, Jordan, Greece and domestic Israeli producers…
Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final 're-bid' for two offshore oilfields, three sources with knowledge of the matter said.Petrobras, as the Brazilian state-run oil company in known…
The very first production vessel destined for operations offshore Guyana has departed Singapore en route to the ExxonMobil-operated Stabroek block off the northeastern coast of South America.The Liza Destiny floating, production, storage and…
Production has been shut down at the Hibernia oil platform off the coast of Atlantic Canada as crews work to clean up an oil spill from the ocean.A sheen was first spotted on the water near the platform on Wednesday and production was halted to deal with the spill…
The overall dollar amount for offshore project sanctions so far in 2019 has already broken the $50 billion mark and is on pace to surpass 2014's total commitments of $78 billion in the near future, according to analysts Rystad Energy.Driven…
New York on Thursday awarded two major offshore wind contracts to Norway's Equinor and a joint venture between Denmark's Orsted and U.S. utility Eversource, procuring more of the renewable power than it had planned as part of Governor Andrew Cuomo's ambitious plan to slash greenhouse gas emissions…
U.S. Gulf of Mexico offshore crude oil production and natural gas output both remained cut by 19% on Thursday because of shutdowns forced by Tropical Storm Barry, the U.S. government said.That equals 335,000 barrels per day of crude oil and…
Vietnamese and Chinese ships have been embroiled in a weeks-long standoff near an offshore oil block in disputed waters of the South China Sea, which fall within Vietnam's exclusive economic zone, two Washington-based think-tanks said on Wednesday…
Italian services company Saipem said it will design and built a 500 megawatt (MW) floating offshore wind farm in Saudi Arabia under a memorandum of understanding and exclusive agreement with Abu Dhabi based renewables solutions firm Plambeck Emirates…
More than half the daily crude production in the U.S. Gulf of Mexico remained offline on Tuesday in the wake of Hurricane Barry, the U.S. drilling regulator said, as most oil companies were re-staffing facilities to resume production.Bureau of Safety and Environmental Enforcement (BSEE) said 1…