Turkish President Tayyip Erdogan has reportedly confirmed that the country, through its national oil company TPAO, has expanded its offshore drilling fleet with another drillship.TPAO has been using its two drillships the Fatih and the Yavuz – bought in 2017…
On the back of several major consultancy and maintenance optimization contracts wins in offshore and onshore oil and gas exploration space, Lloyds Register has appointed Yvo Yansen as Global Business Development Director for Energy business…
Oil exports by Brazilian state-run Petrobras should fall slightly in the first quarter, thanks to scheduled maintenance stoppages at offshore platforms, executives said on Thursday.On a conference call to discuss the firm's fourth-quarter results…
Deep Down, a U.S.-based subsea oil and gas equipment supplier, has received an order from Shell for a delivery related to Shell's Whale development in the U.S. Gulf of Mexico.Under the contract with Shell, Deep Down will design, engineer and…
Offshore drilling company Noble Corp. has announced that Julie J. Robertson will resign as President and Chief Executive Officer of the company at the next annual general meeting. She will take on the newly created role of executive Chairman of the Company's Board of Directors…
Spain's Repsol on Thursday reported a 36% fall in adjusted net profit and a net loss for the fourth quarter of 2019, battered on all sides by lower oil and gas prices and one-off charges mainly related to a bid to cut carbon emissions. Oil majors…
Wintershall Noordzee has started gas production from its operated Sillimanite field in the North Sea area between the UK and the Netherlands.The company, a joint venture of Wintershall Dea and Gazprom EP International, said Thursday the unitized gas field…
Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani wind energy kites.Google acquired Makani, which developed airborne wind turbines and aimed to make wind energy more accessible and affordable…
Norway's daily oil production is expected to be 6.7% higher at the end of this year than at the end of 2019, as a major oilfield ramps up output, forecasts published by the Norwegian Petroleum Directorate (NPD) showed on Wednesday.The country's preliminary oil output in January stood at 1…
A unit of Japan's Inpex Corp signed on Wednesday a memorandum of understanding to supply gas to Indonesian state companies PT Perusahaan Listrik Negara (PLN) and PT Pupuk Indonesia.It would be the first sales deal for gas produced from Indonesia's…
Tower Resources Cameroon SA, a wholly-owned subsidiary of Africa-focused Tower Resources Plc, has hinted at good progress on the ongoing discussions with potential farm-in parties into the Thali PSC offshore Cameroon.The progress in the negotiations…
Neptune Energy has started gas production from the new L5a-D4 well. According to Neptune, the well sits in the deepest producing gas field of the Dutch North Sea.L5a-D4 is a high pressure, high temperature well located in the L5a-D field, around 100 kilometers north of Den Helder…
Romania's Romgaz said it has agreed with OMV Petrom and Poland's PGNiG to make a joint offer for Exxon Mobil's 50% stake in a long-stalled offshore natural gas project in the Black Sea if the U.S. company decides to sell.State-owned Romgaz would…
Indonesia's state-owned oil and gas company PT Pertamina signed a framework agreement with Malaysia's Petronas to sell and buy crude this year, Pertamina said in a statement on Tuesday.The agreement is a follow up to their plan last year to swap crude…
Gigastack, a project designed to create renewable hydrogen from offshore wind at industrial scale, has been awarded GBP 7.5 million funding for the second phase of the project.Led by ITM Power, Ørsted, Phillips 66 Limited and Element Energy…
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