PetroVietnam has signed new agreements with India's ONGC Videsh, and Russia's Rosneft. PetroVietnam's new memorandum of understanding with ONGC Videsh extends one previously signed in 2011. The MOU covers the joint exploration of hydrocarbons in Vietnam and India…
The seafloor off the coast of Northern Siberia is releasing more than twice the amount of methane as previously estimated, according to new research results published in the Nov. 24 edition of the journal Nature Geoscience. The East Siberian…
Delek Group announced Tuesday that its partners in the southwest Tamar exploration well reported strong signs of natural gas were discovered based on logging tests conducted by operator Noble Energy Mediterranean Ltd. As of Wednesday…
Dutch walk-to-work technology company Ampelmann has acquired fellow Netherland’s based firm Offshore Solutions. Delft-based Ampelmann provides systems to safely transfer people and cargo from ships to offshore oil rigs or wind turbines…
Denmark’s Energy Agency (DEA) is due to launch its seventh licensing round for oil and gas exploration and production licenses in the Danish North Sea before the end of 2013, according to International Law Office. Image: DONG Energy's Siri platform…
More offshore wind projects could be scrapped in the UK, an official has warned, after it was announced that technical challenges had brought a halt to a 1200 MW project in the UK’s Bristol Channel. RWE Innogy said its planned Atlantic…
Dana Gas awarded Interserve plc’s Adyard Abu Dhabi a US$17 million contract to construct an offshore platform for the Zora offshore field development project. Zora is located in water depths of 24m and spans the territorial waters of Sharjah and Ajman…
Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round, Reuters news service reported on Friday. The licensing round offers 30 offshore areas, including 11 shallow water blocks and 19 deepwater blocks…
By Karen Parrish, American Forces Press Service The US Defense Department’s new Arctic strategy is an 8-point approach to maintaining peace and security in a new frontier that climatic forces are poised to open in the coming years…
Keppel Corporation and the National University of Singapore have agreed to set up the Keppel-NUS Corporate Laboratory, with backing from the National Research Foundation (NRF), to develop technological solutions for the offshore industry…
Ulstein's Ulstein Verft yard is to build an offshore construction vessel (OSV) larger than any other vessel the yard has built before. The new OSV, part of an order for two new OSVs from Edison Chouest Offshore and Island Offshore, through Island Ventures II LLC…
Statoil and the US National Aeronautical and Space Administration (NASA) have formed a partnership to explore how technologies and knowledge from the space and oil and gas industries can be relevant to one another. Statoil and NASA will explore a wide range of technologies…
Baker Hughes drilling rig count for 22 Nov 2013 shows 57 rigs drilling off the US, including two rigs each off California and Florida, three off Texas, and 50 off Louisiana. This is three fewer than last week, but four more rigs drilling offshore than a year ago…
EQT VI has entered into an agreement to acquire Oslo-listed Aker Solutions ASA’s Well Intervention Services Business for an enterprise value of NOK 4 billion. “The acquisition has come to fruition through close cooperation with Aker Solutions…
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance…