After a rocky start to the year, BW Offshore is investing in the floating offshore wind to position itself as an early mover in the energy transition.
Workforce demand in offshore wind will rise dramatically over the next decade, with the number of jobs in this sector reaching around 589,000 in 2025, while 2030 could see 868,000 full-time offshore wind jobs. Currently, it is estimated that around 297,000 people are working in the sector. This is a
Malaysian energy giant Petronas has awarded Block SB405 offshore Malaysia to ConocoPhillips and Petronas Carigali Sdn. Bhd.
The world’s oil and gas industry’s production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows.
Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and would not affect its offshore drilling plans.
Worley has been awarded a global contract for early-phase engineering services by Chevron, through its Chevron Technical Centre division.
Italian oil and gas company Eni managed to cut its losses in the fourth quarter of 2020 as its production dropped by 11 per cent year-over-year.
Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia Bid Round (MBR) 2021 launch on 26 February 2021.
3t Energy Group has exchanged contracts with oilfield services provider Petrofac for the purchase of its UK training centres.
Drilling operations on the Chrysaor-operated Jerv exploration well, located offshore Norway, started on 18 February 2021, using the COSLInnovator rig.
Oil and gas companies in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022, the national statistics office (SSB) survey said.
Norway’s offshore safety watchdog has issued Equinor with a notification of order following an incident at Snorre B platform offshore Norway.
Australian LNG major Woodside posted a $4 million loss for the year 2020 impacted by impairments.
There has been much discussion over the possible outcome for the Gulf of Mexico, but one of the areas that will be affected the most is Alaska, Rystad said.
