Marine seismic data specialists TGS and PGS have jointly secured pre-funding for the Santos Sul Multi-client 3D project in the southwest Santos Basin offshore Brazil. The TGS/PGS collaboration combines the operational and technical strengths…
France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tuesday. 'We have the second-largest European resources in terms of offshore wind…
The United States' first sale of offshore wind development rights off the coast of California attracted more than $400 million in bids on Tuesday from companies seeking a foothold in the domestic industry's expansion to the Pacific Ocean.The auction…
Malaysian oil and gas company Petronas Carigali on Wednesday announced an oil and gas discovery at the Nahara-1 well in Block SK306, in Malaysia.The discovery is located in the shallow waters of Balingian Province, about 150 kilometers from Bintulu…
Chinese oil company CNOOC Limited said Tuesday it had started production from the Enping 15-1/10-2/15-2/20-4 oil fields joint development project.The Enping 15-1/10-2/15-2/20-4 oilfields are in the eastern part of the South China Sea, where the water is about 90 meters deep on average…
Indonesia aims to launch initial public offerings for the upstream and geothermal units of state firm energy Pertamina next year to fund expansion, a senior government official told parliament on Wednesday. Pertamina Hulu Energi, the upstream unit of Pertamina…
Abu Dhabi National Oil Company (ADNOC) has signed contracts worth over AED 1 billion (around $272,25 million) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027.The contracts were signed…
The British government should introduce a price floor to mitigate the impact of its new windfall tax on the sector as some companies struggle with reduced access to funding, executives and industry sources say. They say the brake on capital…
Shipbuilder VARD has received 4,95 million Norwegian crowns (currently around $2,66 million) from the Norwegian Research Council to research the possibility of digitalized heating, ventilation, and air conditioning (HVAC) systems. These systems…
North Sea producers BP, Equinor, and Ithaca Energy on Tuesday signed an agreement to study the electrification of oil and gas offshore production facilities in the West of Shetland area. The initiative focuses on three of the North Sea's largest fields - the BP-operated Clair field…
UK-based subsea equipment rental and solutions company Ashtead Technology has acquired Aberdeenshire-based Hiretech. Hiretech is an equipment rental, service, and maintenance company serving the international offshore renewables, decommissioning…
Israel-based oil and gas exploration and production company NewMed (ex-Delek Drilling) said Tuesday it had signed agreements to explore for hydrocarbons offshore Morocco.NewMed and Adarco signed agreements for oil and gas exploration and production…
The United States on Tuesday is set to kick off the first sale of offshore wind development rights for waters off the coast of California, expanding the nascent domestic industry to the Pacific Ocean.The auction is a major milestone in the Biden…
Norwegian maritime technology and equipment specialist Kongsberg Maritime AS will provide technology and engineering for a second F-class wind turbine and foundation installation vessel (WTFIV) recently ordered by the Danish offshore wind installation firm Cadeler…
Ocean Infinity, a seabed survey and ocean research company based in the United States, said Tuesday that two of its new vessels, part of the Armada USV fleet, had set sail from Vietnam.'We're officially the proud owner of not just one but two brand new ships…
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