Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps up production at some of its most prolific offshore oilfields.Petroleo Brasileiro SA, as the company is formally known…
Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…
Seaway 7, a Subsea 7 subsidiary focused on renewables, has awarded Trelleborg a contract to provide cable protection for RWE's Kaskasi offshore wind farm project in Germany.Under the contract, Trelleborg will provide 86 integrated cable protection systems…
Gwynt y Mor OFTO, an entity that operates and maintains offshore transmission assets between the onshore grid and the Gwynt y Mor offshore wind farm in Wales, the UK, said Thursday that its export circuit SSEC3 tripped at 16:54 on October 15…
China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…
Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…
Norwegian carbon capture firm Aker Carbon Capture has signed a Memorandum of Understanding with Sweden’s power company Vattenfall to accelerate the evaluation of future carbon capture plants in Sweden and Northern Europe.Aker Carbon Capture…
Oilfield and drilling services firm Archer said Thursday it had secured a two-year contract extension with a major North Sea operator for the provision of platform drilling operations and maintenance services on seven UK North Sea installations…
Wage negotiations between Norwegian oil service companies and the Safe labor union broke down on Thursday and will become subject to mandatory mediation later this year, union and industry officials said.Safe's 850 members are not permitted to strike at this point…
Shearwater Geoservices said Thursday it had won a contract for a large 3D seismic acquisition and depth processing.Norway-based offshore surveyor said the contract was in the Europe, Africa, and Middle East (EAME) region. According to Shearwater…
Europa Oil & Gas has received an extension of its Inezgane Offshore Permit in Morocco, giving it more time to complete the technical work program.The AIM-listed exploration and production company said the Moroccan national oil and gas regulator…
Baker Hughes Co reported a third straight quarterly loss on Wednesday, as a coronavirus-induced slump in commodity prices continued to hurt demand for equipment and services.Producers have been drilling fewer wells following a collapse in crude…
Danish offshore wind farm giant Ørsted has signed a deal to sell gas to Polish Polish PGNiG Supply & Trading (PST), under a multi-year contract. Under long-term gas purchase agreements, Ørsted buys some of the natural gas produced by Dansk Underground…
Oil and gas company Wintershall Dea has received regulatory consent from the Norwegian Petroleum Directorate to start up its Dvalin gas field in the Norwegian Sea.Dvalin is a subsea tieback in the Haltenbanken area of the Norwegian Sea linking an underwater template to Equinor's Heidrun platform…
Energy logistics provider Peterson has signed a project logistics services contract with Schlumberger's OneSubsea to support its work on BP's Matapal project offshore Trinidad and Tobago.BP sanctioned the development of the Matapal project in December 2019…
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