As investments in tight oil increased from 2016 to 2018 and offshore investments decreased, according to Norwegian energy intelligence group Rystad Energy.
The vessels are scheduled for delivery in 2022.
An Iranian tanker has suffered an explosion and caught fire in a suspected missile attack off Saudi Arabia.
Norwegian engineering company Aker Solutions has emerged as the lowest bidder in a bid opening ceremony for a subsea project.
Maersk Tankers is nearing the completion of its MR fleet renewal program.
Chevron has been awarded two offshore blocks in the Santos and Campos basins as part of Brazil’s 16th Bidding Round for oil and gas exploration blocks, with its partners Wintershall Dea and Repsol.
Novatek, Russia’s largest independent natural gas producer, reported an increase in total hydrocarbons production in the third quarter and the first months of 2019.
French Total and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazil’s National Petroleum Agency.
Russia’s Novatek said that commercial production from the East-Urengoyskoye+North-Esetinskoye field within the Samburgskiy license area.
Is the energy transition moving fast enough? Not yet. We can gain pace and we need to. Creating the opportunity to discuss collaboration, showcasing the necessary innovations, and learning from each other is what Offshore Energy set out to do this year. Combining oil, gas, marine energy, and offshor
Finnbirch, a Swedish shipwreck that sunk in the Baltic Sea in 2006, will be completely emptied of oil, SwAM said.
Polish LNG terminal operator, Polskie LNG, signed a contract with Selas-Linde for the delivery of the equipment necessary for the expansion program of the President Lech Kaczyński LNG terminal in Świnoujście.
Norwegian energy company Equinor reached a milestone at its Hammerfest LNG facility on Melkøya Island by loading the 1000th cargo of the chilled fuel.
Is the energy transition moving fast enough? Not yet. We can gain pace and we need to. Creating the opportunity to discuss collaboration, showcasing the necessary innovations, and learning from each other is what Offshore Energy set out to do this year. Combining oil, gas, marine energy, and offshor