Vår Energi, the largest independent upstream oil and gas company on the Norwegian continental shelf, has said it has entered a joint industry project to develop a more environmentally friendly method for seismic data collection.'Seismic data…
Tidal energy developer Nova Innovation has secured funding that the company says could deliver the first-ever tidal turbine array in Indonesia.Nova’s FLITE (Feasibility of Larantuka and Indonesian Tidal Energy) project that will deliver a feasibility study for a 7MW tidal array in Larantuka Strait…
Flotation Energy has secured $2.3 million in Australia from the Victorian Government Energy Innovation Fund for its planned 1.5 GW Seadragon offshore wind farm in Gippsland, Victoria. The proposed 1.5GW bottom fixed Seadragon offshore wind project…
Houston-based offshore services firm Helix Energy Solutions has won a 5-well complete abandonment project by New Zealand’s Ministry of Business, Innovation & Employment (MBIE).Helix Energy Solutions will deploy its Helix Q7000 semi-submersible vessel and 10K Intervention Riser System (IRS)…
Wood, a UK-based provider of consultancy and engineering services to the international offshore energy industry, has secured two Front End Engineering and Design (FEED) contracts to support Beach Energy’s Trefoil field development opportunity in the Bass Basin…
Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…
BHP Group will transfer a smaller-than-expected $3.9 billion in oil and gas decommissioning liabilities to Woodside when it merges its petroleum business with the independent Australian gas producer.Woodside's shares jumped 6.5% after the figure was disclosed in BHP's annual report on Tuesday…
Australian Minister for Resources and Water Keith Pitt said Thursday that protestors attempting to disrupt gas exploration to the west of King Island in Australia's Bass Strait were wasting time and energy and has called for them to allow ConocoPhillips to proceed with work…
Shares in BHP Group and Woodside Petroleum fell on Wednesday as investors on both sides raised questions about the value of the Perth-based oil and gas group's proposed $29 billion merger with BHP's petroleum arm.While a 6% fall in BHP's share…
BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth A$38.5 billion ($28 billion) with growth assets in Australia and the Americas.BHP's exit from petroleum…
Expectations are growing that BHP Group Ltd will deliver a verdict on the future of its petroleum business at its results next week, as it comes under increasing pressure to cut its fossil fuel footprint.The world's biggest miner has been facing…
TSC Subsea has designed a new ROV-deployed automated scanning tool that addresses the issue of carrying out tight access field joint inspection through difficult to penetrate pipeline coating.The ARTEMIS vCompact, a smaller, lightweight, more-flexible version of the standard ARTEMIS…
U.S. oil majors Exxon Mobil Corp and Chevron Corp on Thursday branded Australia's proposed industry-wide levy to cover the cost of decommissioning an offshore oil field, which neither has had any stake in, as 'arbitrary' and 'disappointing'…
Norwegian offshore vessel owner Solstad Offshore has sold three platform supply vessels.The vessels, sold by Solstad's Deep Sea Supply Shipowning AS and Deep Sea Supply Shipowning I AS subsidiaries, are the Sea Angler built in 2007, the Sea Bass built in 2008…
Tidal energy developer Atlantis said Tuesday its Scottish-made tidal generation equipment had arrived in Japan.The Atlantis designed and built tidal generation system has arrived in Nagasaki harbor, Japan having left Scotland in October. It…
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