London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September…
Triumph Subsea Services has signed a letter of intent with Infrastrata for the construction of offshore wind farm development vessels at Infrastrata's Harland & Wolff Shipyard in Belfast, Northern Ireland.The letter of intent envisions the construction…
Dutch marine contractor Boskalis has started towing a giant floating wind turbine to a site offshore Scotland, where it will be installed as part of Grupo Cobra's Kincardine floating wind farm project.'Yesterday, the tow-out of the impressive…
Italian oil giant Eni, and oilfield services provider Saipem, both working to diversify their businesses traditionally heavily linked to the oil and gas industry, have signed a deal to work together on the identification and engineering of decarbonization initiatives and projects in Italy…
Malaysian oil and gas operator Hibiscus Petroleum has said that the final investment decision for the development of its Marigold cluster in the UK North Sea, will be made in March 2021, and not in December 2020, as previously expected, citing Covid-19 effects…
Offshore helicopter operator CHC has won a three-year contract with the Norwegian oil firm Equinor to provide personnel transportation services from Stavanger airport, Sola with two helicopters. Also, Equinor and Vår Energi have agreed to share capacity on one of the helicopters…
The U.S. oilfield services sector lost 91,680 jobs due to pandemic-related oil demand destruction, according to a monthly report compiled and published by trade group Petroleum Equipment & Services Association (PESA) on Tuesday.Demand for drilling…
Mitsubishi Heavy Industries (MHI) is not in discussions to gauge Siemens Energy's interest to sell all or parts of wind turbine maker Siemens Gamesa, the group said on Tuesday.Spanish newspaper Expansion a day earlier had cited financial sources…
Triumph Subsea Services has signed a contract with the Croatian shipbuilder Brodosplit for the construction of a field development vessel.Triumph said Tuesday that the contract was for one firm vessel, with options to order three more.Options…
The Norwegian authorities have approved Aker BP's development and operation plan for the Hod field in the Norwegian part of the North Sea.Aker BP submitted the plan for development and operation of the Hod offshore field to the Ministry of Petroleum and Energy in June…
Dutch offshore survey services firm Fugro has won three geotechnical investigation contracts for IJmuiden Ver, the largest offshore wind farm (OWF) zone to be developed in the Dutch part of the North Sea. IJmuiden Ver Wind Farm Zone (IJVWFZ) is located 33…
British energy regulator gave the go-ahead on Tuesday for up to 40 billion pounds ($53.4 billion) in spending by the country's energy network companies between 2021-2026, partly aimed at preparing the grid to deal with more renewable generation…
Norwegia oil and gas firm Equinor has drilled a dry well near the Tordis field in the North Sea offshore Norway.Equinor, using the Deep Sea Atlantic drilling rig, has completed the drilling of the wildcat well 34/7-37 S in the production license…
Woodside Petroleum Ltd said on Tuesday it has started looking for a successor for its long-time chief executive Peter Coleman who plans to retire in the second half of 2021.The change in guard comes at a tricky time for Australia's top independent gas producer…
Japanese oil and gas firm Inpex has signed a memorandum of understanding (MOU) for the sale of gas from its Abadi project in Indonesia to the local company with PT Perusahaan Gas Negara Tbk (PGN).Abadi gas field is located in the Masela Block…