UK-based oil and gas company has won three offshore licenses as part of the UK's 32nd Offshore Licensing Round. The round offered for award 113 license areas over 259 blocks or part-blocks to 65 companies.Premier Oil said that the blocks awarded were near its operated assets…
The UK government said Thursday it would review its policy on the future UK offshore oil and gas licensing regime as part of the wider aim of the country towards achieving net-zero emissions by 2050.'The review will ensure the Government has…
Venezuela's state-run PDVSA and Eni are looking at options to safely offload crude from a floating storage facility on Venezuela's eastern coast that has remained idle for over a year due to U.S. sanctions, according to sources close to the discussions and a statement from the Italian oil company…
Norway's $1.2 trillion wealth fund will ask the companies in its portfolio that emit the most carbon dioxide (CO2) for more detailed climate-related data in order to understand the risk posed to its investments, a top official said.The world's largest sovereign fund…
Oil and gas company Wintershall Dea has completed the installation of the risers for the Nova field development in the Norwegian North Sea, with development drilling set to follow.The Nova field is being developed as a subsea tie-back, connecting two templates to Neptune Energy's Gjøa platform…
Ocean Kinetics has completed the lifting of the pontoons of the Buchan Alpha platform as part of the decommissioning program of the platform that ceased production in 2017.After some 36 years in production in the North Sea, and almost 150mm barrels of oil…
Mexican national oil company Pemex and Hokchi Energy have begun the first stage of unitization negotiations over a possible offshore shared reservoir in the southern Gulf of Mexico, Mexico's energy ministry told Reuters on Wednesday.The ministry said Pemex…
U.S.-based offshore vessel owner Harvey Gulf said Wednesday it completed an upgrade of its platform supply vessel Harvey Energy, making it the first 'tri-fuel' PSV in the U.S.Harvey completed the installation of a Wartsila battery-power system…
A report commissioned by Crown Estate Scotland has found that Scotland has good technical capability to support offshore wind port functions in some, but not all locations and that investments in port capacity will be required to meet the needs of the growing offshore wind industry…
Delta Offshore Energy (DOE), a company developing an offshore gas to power project in Vietnam, has signed a technology license agreement with Stena Power & LNG Solutions.Under the agreement, Stena will grant DOE a license to use its Jetty-Less…
Canadian oil and gas company Husky Energy said Wednesday it was moving towards the startup of the Liuhua 29-1 field at the Liwan Gas Project, offshore China. Husky said that the tie-in of the Liuhua 29-1 field at the Liwan Gas Project was complete…
Installation is underway in the Norwegian sector of the North Sea for the world’s longest heated subsea production pipeline, oil and gas company Neptune Energy has informed.The project will see the installation of the 36-kilometer electrically…
Dutch offshore crane specialist Huisman will build the crane for the United States’ first Jones Act compliant offshore wind installation vessel.Huisman joins a consortium of a Dominion Energy-led offshore wind consortium aim of which is to build a Jones Act compliant vessel…
Oslo-listed offshore vessel owner GC Rieber Shipping last week completed the sale of its Polar King construction support vessel to, at the time, unnamed buyers.It has now been revealed that the 2011-built vessel was sold to the Greek-based Asso…
Subsea services provider and vessel operator DOF Subsea has been awarded a turnkey contract performing marine operations related to a decommissioning project by Teekay Petrojarl Floating Production.DOF Subsea said Tuesday that the contract with…