Norwegian seismic surveyor PGS has completed the acquisition of three new 3D seismic surveys offshore Newfoundland and Labrador, Canada.The company Wednesday that the initial first fast-track results would be delivered in Q4 2020, with final…
The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.Associations belonging to the International Group of P&I Clubs…
Dutch offshore installation contractor Van Oord has deployed a large remotely operated trencher called Deep Dig-It off the Dutch coast to bury offshore wind farm cables 5,5 meters deep into the seabed.The trencher has been deployed as part of…
Oil and gas company Neptune Energy has informed that subsea construction works have kicked off that will eventually see its Seagull offshore field tied back to BP's ETAP platform in the UK North Sea.Seagull is a high pressure, high temperature…
U.S. oil giant Chevron Corp has asked employees globally to delete Tencent Holdings Ltd's WeChat from their work phones, following the Trump administration's executive order to ban the social media app, Bloomberg News reported https://bloom…
Siemens expects Siemens Energy to reach a market value of significantly more than 17 billion euros ($19.98 billion) when it floats on the Frankfurt stock exchange next week, a source close to the company said.The consensus forecasts for the value of the business…
The U.S. government agencies responsible for offshore oil and gas regulations are looking at ways to update policies to promote the growth of oil and gas production in the Gulf of Mexico.Specifically, the Bureau of Ocean Energy Management (BOEM)…
Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadline for repayment of some of its debt, and aims to raise capital through equity as it seeks to overcome a demand slump, the company said late Tuesday.Borr, which is dual-listed in Oslo and New York…
UK's oil and gas regulator the Oil and Gas Authority (OGA) has appointed Andy Brooks as Area Manager - Central North Sea, starting the role in September 2020.Brooks graduated from Leeds University in 2002 with a Masters in Chemical Engineering…
Six states signed a charter for an Egypt-based energy forum on Tuesday, giving formal status to a group that seeks to promote natural gas exports from the eastern Mediterranean and that Israel hopes will strengthen ties with Arab neighbors.Egypt…
Oil and gas project sanctions, especially in the offshore segment, are expected to rebound next year compared to the COVID-19 ravaged 2020, and even exceed the pre-pandemic levels from 2022 onwards, energy market analysts from Rystad Energy have said…
Spanish oil firm Repsol has awarded a drilling contract to offshore drilling contractor Stena Drilling for a drilling campaign in Mexico.Stena Drilling said Monday that it had signed a contract with Repsol after a competitive tender exercise…
UK-based chemicals giant INEOS will buy electricity from Engie’s Norther offshore wind farm in Belgium over a 10-year period, in what INEOS said was “the largest ever purchase contract of wind energy for heavy industry in Belgium.”According to INEOS…
Norwegian subsea services company DOF Subsea has won two contracts in the Asia Pacific region, including work for its Skandi Singaporedive support vessel.DOF Subsea said Tuesday that the first project involved saturation diving, with the Skandi…
Oslo-listed seismic surveyor SeaBird Exploration has said it has secured a new contract in the Gulf of Mexico.SeaBird said Monday it had received a letter of award for an Ocean Bottom Node source contract in the Gulf of Mexico. The company did…