Diamond Offshore has filed a complaint against Australia’s Beach Energy claiming that the oil company’s termination of a drilling contract for the Ocean Onyx rig is invalid.
UK’s offshore unions have launched a campaign to protect the jobs in the oil and gas sector and secure its future, calling for a halt to the “carnage” of jobs.
German offshore wind developer wpd has signed an agreement with Taiwan Green Power (TGP) to jointly develop a 600 MW offshore wind project in Taiwan. The wind farm site No. 28 is expected to be part of the third tender round in Taiwan, wpd said. The project is located off the coast of Changhua in [&
A partnership consisting of Portugal’s Mota-Engil and Besix of Belgium has secured a contract for the Total-led $20 billion Mozambique LNG export project. Under the deal, the 50/50 partnership will build a pier bridge and an offloading facility for about $365 million, according to a Mota-Engil state
The International Monetary Fund (IMF) and the Government of Gabon have reached an agreement for a $147 million facility to help the country address the challenges that have arisen due to the global COVID-19 pandemic and oil price crash.
The coronavirus pandemic could permanently alter container transportation practices, Calfornia’s Port of Oakland cautioned.
Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the spud of the first well.
OKEA sank deeper into the red in the first quarter of the year affected by lower oil and gas prices and sales volumes resulting in impairments of over $60 million.
Russian independent LNG export player Novatek has registered a new licence to underpin its liquefied natural gas expansion activities in the Arctic. Novatek’s unit Arctic LNG 1 registered licence number SLH 16637 NR for geological survey, exploration and production at the Bukharinskiy licence area o
The fifth CLEANBU vessel being built for Klaveness Combination Carriers (KCC), part of Norway’s shipping company Torvald Klaveness, has been launched in China.
BW Offshore has signed an agreement with Petrobras for an extension for the lease and operation of BW Cidade de São Vicente.
Japan’s Inpex has reportedly sold a liquefied natural gas cargo produced at its Ichthys plant in Australia for a record low price. Inpex had offered two cargoes for loading in May and has sold at least one of them at about $1.70 to $1.75 per million British thermal units, Reuters reported on Tuesday
BP reported a significant decline in its quarterly profit due to lower prices and the destruction of oil demand by the coronavirus crisis.
Following its filing for Chapter 11 bankruptcy protection, Diamond Offshore Drilling has received a delisting notice from the New York Stock Exchange (NYSE).
