Energy News

 

PGS Bags 3D Seismic Survey Work in Namibia

Oct 24, 2022

The Norwegian offshore seismic survey services company PGS has been awarded a 3D exploration acquisition contract.PGS said that the contract was in Namibia, with 'a major energy company.'The company said it would use the Ramform Titan vessel for the survey…

QatarEnergy Names Shell Partner in North Field South Expansion Project

Oct 24, 2022

QatarEnergy's chief executive on Sunday named Shell a partner in the Gulf Arab state's North Field South expansion, part of the world's largest liquefied natural gas (LNG) project. Shell will have a 9.3% share of the project, and QatarEnergy will keep 75%…

Coastline Gets OK to Proceed with Offshore Exploration Program in Somalia

Oct 21, 2022

U.S.-based company Coastline Exploration, an upstream oil and gas company focused on East Africa, said Friday it had received final authorization to proceed with its offshore exploration program in Somalia.Coastline, in February said it had…

DEME Offshore, LS Cable & System Secure Work at Vattenfall’s Norfolk Boreas Wind Farm

Oct 21, 2022

Belgium-based offshore construction company DEME Offshore has been awarded the export cable contract for Vattenfall’s Norfolk Boreas Wind Farm in a consortium with LS Cable & System. The consortium has also been selected as the preferred bidder…

North Sea Firm IOG Names New CEO, COO, CFO after Output Guidance Cuts, Drilling Setback

Oct 21, 2022

Andrew Hockey, CEO of the UK-based oil and gas company IOG, with gas fields in the Southern North Sea, is set to step down after nearly five years in the role. IOG's Chief Operating Officer, David Gibson, is stepping down, too.The news of the resignations came Wednesday…

Schlumberger Third-quarter Profit Jumps as Drilling Activity Picks Up

Oct 21, 2022

Top oilfield services provider Schlumberger Ltd reported a 64.9% jump in third-quarter profit on Friday that topped Wall Street expectations as a surge in oil and gas prices led to more drilling activity. Oil and gas producers are looking to…

Protecting Norway's Gas Exports Against Sabotage a Top Priority, Says Security Official

Oct 21, 2022

Protecting Norway's gas exports to Europe against sabotage is a top priority for the country's authorities, a senior security official told Reuters, including helping oil firms protect themselves against Russian attempts to gather intelligence…

Mozambique's First LNG Exports to Europe Seen by Early November

Oct 21, 2022

Mozambique expects to ship its first liquefied natural gas (LNG) exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region…

"Blue chip" Client Looking to Book Cadeler's O-Class Offshore Wind Vessel

Oct 21, 2022

Denmark-based offshore wind installation services firm Cadeler said Friday it had signed a letter of intent with a 'blue chip' client.The client is looking into the possibility of using one of Cadeler's two O-class wind turbine installation vessels 'over a long period of time…

ExxonMobil Awards DOF Subsea a $253,4M Deal for Offshore Vessel Duo in Guyana

Oct 21, 2022

U.S. oil major ExxonMobil has awarded three-year contracts for two DOF Subsea vessels for work in Guyana, where Exxon has so far made more than 25 oil discoveries, with more than 11 billion barrels of oil found.Under the contracts, DOF Subsea will perform IMR…

U.S. to Hold Gulf of Mexico Drilling Auction in March 2023

Oct 21, 2022

The Biden administration on Thursday said it would hold a Gulf of Mexico drilling auction in March of next year to satisfy a requirement in the government's new climate change law.The Bureau of Ocean Energy Management (BOEM) will offer all of…

VIDEO: AD Ports' SAFEEN Buys Subsea Service Vessel

Oct 21, 2022

AD Ports Group's subsidiary SAFEEN has acquired a support vessel to boost the company's subsea service capabilities.Built in 2014, the vessel, previously known as the Nordic Prince, will operate under the name ‘SAFEEN Surveyor’ and will undergo an extensive conversion prior to starting operations…

Borr Drilling Bags $715M in Jack-up Rig Contracts in Mexico

Oct 21, 2022

Offshore drilling company Borr Drilling said Thursday that its joint venture company in Mexico (Perfomex) had entered into new contracts for the company's five premium jack-up rigs.The rigs in question are the 'Galar', 'Gersemi', 'Grid', 'Njord'…

ADNOC Says Breaks World Record for Longest Oil and Gas Well Drilled

Oct 20, 2022

Abu Dhabi National Oil Company (ADNOC) said Thursday it had set a new world record for the longest oil and gas well, at its Upper Zakum offshore concession.'Stretching 50,000 feet [15240 meters], the well is around 800 feet [243.84 meters] longer…

VIDEO: Hull of Van Oord's New Cable Layer Launched in Romania

Oct 20, 2022

VARD shipyard in Romania launched the hull of the new Van Oord cable layer Calypso earlier this week.Vard Tulcea in Romania is making final preparations before the hull will be towed to Vard Brattvaag. At Vard Brattvaag, the shipbuilder will continue outfitting the vessel…

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