A former head of Mexican state oil firm Petroleos Mexicanos (Pemex) accused of corruption has sought to blame the wrongdoing on his former boss, ex-President Enrique Pena Nieto, and a top aide, said Attorney General Alejandro Gertz on Tuesday…
Chevron Corp's $5 billion offer to acquire Noble Energy emerged after the U.S. oil major first proposed taking a stake of at least 50% in Noble's Eastern Mediterranean natural-gas fields, a proxy filing on Tuesday showed.If consummated, the all-stock merger will boost Chevron's U…
Deltic Energy has announced 'a material increase' in the estimated volume of gas as well as a 'significant increase' in the chance of success in relation to the Selene prospect in the Southern North Sea, off the UK coast. Drilling is expected in 2022…
Subsea survey services and ROV provider Rovco has won a contract to carry out survey work on Erebus, a planned 96MW offshore floating wind farm 45 km off the coast of Pembrokeshire, in the southwest of Wales.Rovco said Monday that Blue Gem Wind…
Norwegian offshore installation contractor Ocean Installer has established a new business branch called 'developer of offshore wind,' and has appointed Olav Hetland as Director Offshore Wind Farms.Ocean Installer said the formation of the new…
German utility Uniper on Tuesday warned it may have to impair a loan provided to the planned Nord Stream 2 gas pipeline if the project collapses in the face of U.S. sanctions.'With the U.S. intensifying their efforts on targeted sanctions against…
U.S. oil major ExxonMobil is set to begin drilling at the Kaieteur Block offshore Guyana, hoping to replicate successes made in the adjacent Stabroek block where it has made more than 16 discoveries.Westmount Energy, which indirectly owns a share in the Kaieteur Block…
A joint venture between Petrofac and the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a contract to provide BP Azerbaijan with international payroll and personnel support services including training services.The five-year contract…
State oil giant Saudi Aramco's profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world's biggest oil exporter.But the company stuck with plans to pay $75…
Anders Opedal, who on Monday was named Equinor's new chief executive, said he wanted the Norwegian oil company to be both best in offshore oil and gas and at the same time have higher climate targets and develop new low-carbon solutions.'I want Equinor to be best in offshore oil and gas…
Oslo-listed subsea services and vessels company DOF Subsea has been awarded an IMR Services contract with Chevron in Australia. It has also won a moorings replacement deal in Southeast Asia.DOF Subsea will support Chevron's North-West Shelf and near-shore subsea assets in Australia with DP Vessels…
Offshore services company Jan De Nul has signed a final contract to transport and install offshore wind turbines for what will be the world's largest offshore wind farm complex - the 3.6GW Dogger Bank in the UK.Jan De Nul will use its Voltaire jack-up vessel…
Oil and gas company Noreco has said that the Tyra East and Tyra West integrated processing and accommodation platforms in the Danish North Sea have been safely removed, as part of the Tyra redevelopment project.Allseas’ Pioneering Spirit vessel has earlier this week removed the 14…
Cairo-based African Export-Import Bank has committed $400 million in loans and guarantees to Mozambique's $20 billion liquefied natural gas (LNG) project, the multilateral lender said on Thursday.Afreximbank's move follows a similar commitment…
Dutch company Royal IHC will supply a tandem mooring & offloading system and a riser pull-in system for Petrobras-bound Anna Nery (Marlim 2) FPSO.The FPSO, owned by Malaysia's Yinson, is currently being built in China. Once completed it will be moored around 150 kilometers off the Brazilian coast…