DNV GL and Alpha Ori Technologies (AOT) have signed MoU in which they agree to work together to contribute to the marine industry’s ongoing digital transformation.
Repsol has made two significant offshore oil discoveries in Mexico’s deepwater with its Polok-1 and Chinwol-1 exploration wells in Block 29 in the Salina Basin.
The Hague-based LNG giant Shell has reached an agreement with U.S. firm National Fuel Gas Company to sell its Appalachia shale gas position for $541 million. Shell will sell the assets via its unit SWEPI. The deal includes about 350 producing Marcellus and Utica wells across about 450,000 net leaseh
Several Norwegian ocean stakeholders have asked their country’s government to start the announcement of two full-scale floating offshore wind farms with the aim of granting licenses during 2020. In a letter sent to leading Norwegian politicians, the stakeholders said that the government should clari
Canadian oil and gas company Zenith Energy has completed the acquisition Anglo African Oil & Gas’ subsidiary which is the operator of the Tilapia oilfield in the Republic of the Congo.
US LNG export project developer Tellurian saw net losses widen in the first quarter of this year to $40.7 million. This compares to a net loss of $34.1 million in the January-March period of 2019. Tellurian said that the widening of the company’s net loss was mainly due to an increase in costs of sa
Kotug has completed the 100 per cent acquisition of Marsol, an offshore and marine terminal service centre specialized in offshore single point mooring (SPM) buoy terminals and its related infrastructure.
Petrofac has postponed the beginning of the plug & abandonment program on Rubie and Renee fields in the UK North Sea. As a result, Awilco Drilling’s rig has been put on standby.
The second phases of the East Anglia One and Hornsea One offshore wind projects in the UK have begun receiving payments under their Contracts for Difference (CfDs). This means that 285 MW from East Anglia One and 400 MW from Hornsea One have passed their Operational Conditions Precedent (OCPs) and a
Wintershall Dea has installed two manifolds in the templates on the seabed of its Nova field project located offshore Norway.
Norwegian vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels with undisclosed clients.
The Freeport LNG export project led by billionaire Michael Smith said it has launched commercial operations for the third liquefaction train at its facility in Texas. The third trains’ operations started on Friday with the beginning of liquefaction services to France’s Total and Korea’s SK E&S under
BW Energy has experienced a delay in hook-up operations of a well in the Dussafu Marin Permit, offshore Gabon, due to the coronavirus crisis.
ExxonMobil booked a quarterly loss due to asset impairments amid lower oil prices while its production was up by 2 per cent.
