Beach Energy and its partners in the Wherry prospect, offshore New Zealand, have decided to abandon the project as it no longer meets the risk profile.
Statkraft, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind opportunities in Norway. The companies will work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind projects in Norway. The cooperat
The world’s largest underwater engineering event – Subsea Expo – will not be taking place this year. Organisers, Subsea UK, who have already postponed the event from February to May this year due to the coronavirus-imposed restrictions have decided to wait until 2022 before staging the event. The th
Lundin Energy came up dry in the Bask prospect following results from an exploration well in the Barents Sea drilled with the West Bollsta rig.
Engine manufacturer MAN Energy Solutions has won an order to supply six main engines for Hapag-Lloyd’s LNG-powered 23,000+TEU ultra large container vessels. The MAN B&W 11G95ME-GI Mk10.5 engines will be built in Korea and will offer the option of operating on LNG or conventional fuel, meeting Tier I
Maersk Pelican, the world’s first product tanker testing the use of wind propulsion technology, has been sold and delivered to its new owner, Maersk Tankers said. Data from VesselsValue shows that the LR2 tanker has been sold to Buana Lintas Lautan, an oil and gas company from Indonesia, for an undi
An incident on board a Seadrill-owned drillship working for Kosmos Energy in the U.S. Gulf of Mexico has resulted in the death of one offshore worker.
Eni has been awarded a new production licence in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licensing Round.
Following a review, oil and gas company Dana Petroleum is abandoning an offshore gas project located in the UK sector of the North Sea.
MAATS Tech has secured a contract with VARD to deliver cable lay equipment for Van Oord’s new cable laying vessel (CLV). “I am immensely proud of the team effort that has gone into winning this contract and continues our track record in providing this type of equipment in the cable industry, already
Santos has filed an environmental plan for exploration drilling of the Dancer-1 well, located offshore Australia, to Australian authorities.
Marine seismic player Polarcus said on Tuesday it has defaulted on debt payments and that it will halt all interest and installment payments to finance providers. As a result, the company’s shares fell over 30 percent before the Oslo Stock Exchange stopped trading on Tuesday morning. During these di
Fugro and NYK Group have signed a strategic Memorandum of Understanding (MoU) with Japanese geoscience specialist OYO Corporation (OYO). Back in November 2020, Fugro and NYK signed an MoU to jointly provide offshore geotechnical services in Japan, with an option to jointly operate a specialist inves
Oil and gas company Premier Oil has completed the farm down of its interest in the Tuna PSC, offshore Indonesia to Zarubezhneft.
