Energy News


Far Signs Gambia JOAs with Petronas. Seeks Drilling Partners

Jun 25, 2020

Australian oil and gas company Far has signed new Joint Operating Agreements with Petronas related to the A2 and A5 offshore blocks in The Republic of The Gambia.This follows the granting of new licenses for those blocks by the country's government effective October 1…

Tendeka VP Joins OGTC Board

Jun 25, 2020

Aberdeen-based Oil & Gas Technology Centre (OGTC) has appointed Tendeka’s VP for Europe, Russia, CIS & Africa, Gillian King, to its Board of Directors.'Gillian has worked in the oil and gas industry for almost 20 years and is passionate about new technology…

U.S. Oil Firms Hit Brakes on Return-to-work as Virus Cases Soar

Jun 25, 2020

U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients.A record number of new illnesses in Texas…

Woodmac: How has the Price Crash Changed the Upstream Sector?

Jun 25, 2020

According to Wood Mackenzie’s analysis, the oil price crash wiped US$1.6 trillion off the valuation of the global upstream industry.Andrew Pearson, vice president, upstream, said: 'This figure captures the impact of Wood Mackenzie’s downgraded…

Aker Solutions Gets LoI for $205M Breidablikk Subsea System

Jun 25, 2020

Norwegian engineering company Aker Solutions been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea, offshore Norway.Subject to the final contract award, Aker Solutions will deliver a complete subsea production system…

deugro Names Hutchinson VP – Oil & Gas Logistics

Jun 24, 2020

Freight forwarding and project logistics solutions provider deugro has named Jessica Hutchison as Vice President Global Key Accounts – Oil & Gas Logistics.She is responsible for managing and developing deugro’s portfolio of global key accounts within the Oilfield Services division…

Bernhard Schulte Takes Delivery of Hybrid SOV from Ulstein

Jun 24, 2020

Norwegian Ulstein shipyard has delivered service operation vessel (SOV) Windea Jules Verne to Bernhard Schulte Offshore.The battery hybrid vessel will work at the Merkur offshore wind farm offshore Germany, where it will be operating for GE Renewable Energy…

Aker BP Files $600M Hod Field Development Plan

Jun 24, 2020

Norwegian oil firm Aker BP, with its partner Pandion Energy, has filed the plan for development and operation (PDO) of the Hod offshore field to the Ministry of Petroleum and Energy. The Hod field will be developed using a normally unmanned…

Three Firms Vying for BHP's Trion FSO Award

Jun 24, 2020

Australian company BHP has selected three contractors to deliver an early engineering study for a Floating Storage and Offloading Unit (FSO) for the Trion field in the deep-water Gulf of Mexico, offshore Mexico.The three companies are Altera Infrastructure (formerly known as Teekay Offshore)…

Japan Opens Bidding for Goto Offshore Wind Farm

Jun 24, 2020

Japan's industry ministry on Wednesday launched a bidding process to select an operator for the 21 megawatt (MW) Goto offshore wind power project in Nagasaki, southern Japan, marking its first auction under a new law to promote the sector.The…

Cortez Subsea Nets 5-Year Subsea Inspection Contract with Repsol in Malaysia

Jun 24, 2020

Subsea services firm Cortez Subsea has won a contract with Repsol to provide a subsea inspection management system (SIMS) offshore Malaysia.The UK-based company said the five-year contract was worth a six-figure sum. Cortez Subsea will deliver…

DeepOcean Secures Subsea Work at Repsol's Yme Field

Jun 24, 2020

Offshore installation contractor DeepOcean has been awarded an EPCI contract for marine operations on Repsol’s Yme project in the North Sea offshore Norway.The award to DeepOcean covers project management, engineering, construction, and offshore…

Chevron Strikes Wheatstone Gas Deal with BHP

Jun 24, 2020

Oil and gas major Chevron has signed a gas sales agreement in Australia, to supply BHP Nickel West from its Wheatstone gas project.Starting in July 2020, Chevron plans to supply BHP Nickel West with a total of 22 Petajoules of equity domestic gas over the 3…

FAR Misses Sangomar Payment

Jun 24, 2020

Australian-listed oil and gas company FAR Ltd said on Wednesday its Senegalese unit had defaulted on its obligations to the Sangomar joint venture, as the company looked to sell its interest in the project.The company owns 15% of the Sangomar oil and gas field being developed off Senegal…

Equinor Taps LOC for Johan Sverdrup Phase 2 MWS Work

Jun 24, 2020

Marine and engineering consulting firm LOC Group has been awarded a new scope of work with Norway's Equinor to provide services as part of the second phase of the development of the Johan Sverdrup offshore oil field in Norway.Under the contract…

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