Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy CNE.L, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.Capricorn's board supports the merger…
Offshore installation and decommissioning firm Allseas said earlier this week that its giant Pioneering Spirit vessel was on its way to Frederikshavn, Denmark, to deliver two more offshore jackets for recycling. 'Our record-breaking construction…
Mexico's oil regulator and state company Pemex are at odds over how to develop a deepwater natural gas project, eight people close to the matter said, threatening to stall a $1.5 billion energy venture.Officials at regulator National Hydrocarbons…
UK-based oil and gas company Tailwind Energy has started production from its Evelyn field in the North Sea, a tie-back development connected to Dana Petroleum's Triton FPSO via a subsea production line and umbilical services line.Evelyn is located in licence P…
Abu Dhabi National Oil Company (ADNOC) earlier this month announced a $548 million contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi. ADNOC said the award would increase Lower Zakum field’s gas production capacity…
Jan De Nul has completed the installation of 80 sets of 6 MW wind turbine generators (WTG) at Saint-Nazaire, France's first commercial offshore wind farm.The company said Tuesday it had completed the project 'significantly ahead of schedule…
Chinese offshore oil company CNOOC Limited has started oil production from its Kenli 6-1 Oilfield 10-1 North Block Development Project, offshore China.The development project locates in the south of Bohai Sea, with an average water depth of about 19 meters…
Bouygues Travaux Publics said Tuesday it had acquired the OO-STAR floating wind foundation technology, owned by Floating Wind Solutions.'This technology can be adapted to a wide range of marine environments, reducing the carbon footprint of…
Japanese ship classification society ClassNK has signed a Memorandum of Understanding with Maersk Training A/S regarding training for offshore wind farm operators and education for alternative fuel ship crews.'With the signing of the MOU, the…
Norwegian marine seismic data acquisition and processing firm TGS on Tuesday announced the Capreolus Phase 2 3D seismic survey in the Carnarvon Basin on the Australian North West Shelf. This survey will be conducted near the Capreolus Phase…
FPSO-leasing specialist BW Offshore has secured a short-term contract extension for its Petroleo Nautipa FPSO.The contract will see production extended from September 20 to October 4, 2022, ahead of demobilization. The spread-moored FPSO has…
Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's 'energy war' with Russia took a growing toll…
Africa-focused Tullow Oil said on Monday it would exit Ireland's Euronext Dublin bourse on or around Oct. 10 to cut costs.'It is anticipated the delisting will simplify compliance and regulatory obligations of Tullow and is in line with an overall objective to reduce central costs and its purpose…
A Boston federal judge barred General Electric Co on Wednesday from making and selling its Haliade-X wind turbines in the United States, after a jury found in June that the turbines infringed a patent owned by rival Siemens Gamesa Renewable Energy A/S…
Asia Pacific-focused oil and gas company Jadestone Energy has yet to restart production from its Montara Venture FPSO, off Australia, following a shutdown in August. The company said Monday it was 'not in a position to provide guidance on a possible Montara production restart date…