Equinor has received consent from the offshore safety authority to drill an exploration well in the Barents Sea using the Transocean Enabler rig.
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
Some 262 oil service workers at Schlumberger’s Norwegian entity plan to go on strike from 3 December if negotiations with employers over pay and working conditions fail.
China Gezhouba Group Co. (CGGC) International and Vietnam Construction and Trading Corporation signed an EPC contract on 11 November for the 350 MW Ca Mau 1 offshore wind project in Vietnam. The project is located in the tidal flat area of Sanjiang Dongshe in Nangen County, Ca Mau Province. The tota
Swedish company Eco Wave Power has reported a decrease in losses for the third quarter of 2020 as opposed to the same period a year earlier.
London-listed oil company Bahamas Petroleum Company (BPC) has raised the cost estimates for the drilling operation of its Perseverance #1 off the Bahamas citing COVID-19 mitigation measures.
Korea Shipbuilding & Offshore Engineering (KSOE) has secured an Approval in Principle for its Solid Oxide Fuel Cell (SOFC) power generation system design from the DNV GL classification society. The presentation ceremony was held at the KSOE office in Ulsan, South Korea on November 23. In the power g
Classification society DNV GL has suspended work on Gazprom’s Nord Stream 2 gas pipeline project over fears of sanctions by the United States.
The European Commission has awarded Saitec Engineering with € 2.4 million funding under the Blue Economy Window call. The funding will support the SATHScale project in bringing to market the SATH floating wind technology through scaling-up the prototype from the technology validation and demonstrati
A new chairperson of oil and gas company Cairn Energy would join the company with effect from 1 January 2021.
Talos Energy has encountered difficulties in reaching stabilized production from the Bulleit field located in the U.S. Gulf of Mexico.
Spanish oil company Repsol has unveiled its 2021 – 2025 strategic plan which will advance its net-zero emissions objective.
Singapore’s offshore rig and vessel builder Keppel Offshore & Marine Ltd (Keppel O&M) has won a contract from a repeat customer worth about S$100 million ($74.7M) for the fabrication and integration work on a floating production storage and offloading vessel (FPSO).
Norwegian state-backed Export Credit Guarantee Agency GIEK is providing loan guarantees for contracts awarded to Aibel and OHT for the UK’s Dogger Bank A and B offshore wind project, for which Equinor and SSE have now reached financial close. Aibel has won a contract to deliver two converter platfor
