Jersey Oil & Gas (JOG), a UK Continental Shelf focused oil company has appointed Chris Haynes, as a Board Advisor to the company.Haynes is a non-executive director of Australia-based Woodside Petroleum Limited and Worley Limited. 'Chris has…
Norwegian oil firm Equinor, with partners Progress Resources and Repsol, has made an oil discovery in the Monument exploration well in the US Gulf of Mexico.The Monument exploration well found approximately 200 feet (c. 60 meters) of net oil…
Dutch geotechnical survey firm Fugro has announced a set of 'painful measures' including workforce cuts, and a hiring and salary freeze, as the company expects the COVID-19 pandemic and low oil prices to negatively impact its business.'The company…
Oslo-listed marine seismic data acquisition company SeaBird Exploration has lost a survey contract offshore West Africa.In a statement on Monday, SeaBird Exploration said it had been notified that the end-client has canceled the two OBN surveys off West Africa due to the COVID-19 situation…
Norwegian oil company Aker BP has made a minor gas discovery in the Norwegian Sea, 210 kilometers west of Brønnøysund.The Norwegian Petroleum Directorate reported on Monday that Aker BP had completed the drilling of the wildcat well 6506/5-1 S…
Danish wind turbine manufacturer Vestas has received an order from MHI Vestas Offshore Wind for the supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro offshore wind farm project in Japan. The Akita Norshiro offshore wind farm…
Oil prices slipped on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets as the coronavirus pandemic pummels demand.Brent crude slipped close to $30 a barrel in early trade and was at $33…
PetroVietnam's net profit in the first quarter of this year likely fell 50.8% from a year earlier to 4.44 trillion dong ($188.5 million) due to low oil prices and weak demand due to the new coronavirus, Vietnam's state oil firm said on Sunday…
Western Europe's largest oil and gas producer Norway said on Saturday it would consider cutting its oil production if a global deal to curb supply is agreed by the world's biggest producers.OPEC and its allies are working on a deal for an oil…
Malaysia's state energy giant Petronas, struggling with weak prices and falling demand, said on Friday its own funding needs and debt obligations would dictate any special dividend to the government amid the coronavirus crisis.The government…
Guyana's oil output rose 58.2% to 56,320 barrels per day (bpd) in January, up from 35,607 bpd in December, the South American country's finance ministry said in a report published this week.The government is still working with the consortium…
Pipeline gas flows from Norway to Britain fell 44% on Friday from the start of the week as the summer gas season starts and coronavirus lockdowns continue to hit demand, data shows.Pipeline gas flows to Britain fell to 49.7 million cubic meters (mcm) per day on Friday…
Norwegian offshore engineering company Head Energy has made a new addition to its EPCIC Engineering Division. EPCIC stands for Engineering, Procurement, Construction, Installation & Commissioning.Head Energy said Friday that Oskar Leirgulen had joined the division as operations manager…
RWE, Europe's third-largest renewables group, has taken a final investment decision for a 342 megawatt wind project off the German coast, its green energy unit said on Friday.Contracts worth more than 500 million euros ($539 million) have been signed for all major components of the Kaskasi project…
Brazil's state-controlled oil company Petrobras has made an oil discovery in deep waters offshore Brazil.Petrobras said Thursday it had discovered the presence of oil in the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt…
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