Malaysian oil and gas exploration and production company Hibiscus Petroleum Bhd is acquiring oil and gas rights offshore in the UK sector of the North Sea worth US$5 million (RM20.6 million).The blocks are located offshore in the United Kingdom sector of the North Sea…
Japanese companies Sumitomo Corporation and Electric Power Development Co., Ltd. (J-POWER) have begun an offshore ground investigation off the coast of Japan to explore the possibility of developing an offshore wind power plant.The Japanese…
Norway-based Atlantic Offshore, a provider of safety and support at sea, announced that it has received contract extensions for three of its emergency response and rescue vessels (ERRVs).The Department for Environment, Food & Rural Affairs (Defra) UK has declared a 9 month option for Ocean Osprey…
A memorandum of understanding (MOU) signed this week by Saudi Aramco and Baker Hughes, a GE company (BHGE) will see the two firms establish a new joint venture facility in Saudi Arabia to manufacture non-metallic materials which will be used in a variety of areas of the energy industry…
Danish renewable energy developer Ørsted has secured nominal GBP 900 million through the issuance of green senior bonds.The fund is to finance its green growth ambition towards 2025 including the investment in the offshore wind farm Hornsea 2 in the United Kingdom with a capacity of 1…
Floating production, storage and offloading unit (FPSO) and marine integrity management specialists Marine Technical Limits (MTL) said on Tuesday it has welcomed a senior naval architect to its team.Paul Allan, who has more than 10-years’ experience…
DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).DNV GL has worked with Dana Petroleum since 2012 with the development of the Western Isles floating production storage and offloading (FPSO) vessel…
Murphy Oil Corp said on Thursday it is exiting Malaysia with the $2.13 billion sale of its oil and gas assets to a Thai company and will use the deal proceeds to pay down debt, buy back shares and fund potential deals in the United States.The buyer…
The offshore drilling contractor Rowan announced that Repsol Exploracion Guyana, a unit of Spanish energy major Repsol, has signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana.The contract is for…
Global offshore contract driller Rowan Companies announced that ExxonMobil has exercised the third of four options for the Rowan Relentless, an R-Class ultra-deepwater drillship.The option will be used for operations in the US Gulf of Mexico and has an expected duration of 180 days…
Shell has extended its contract for the Rowan Gorilla VI jack up in Trinidad, Rowan Companies plc said.According to the offshore drilling contractor that provides well drilling services to the petroleum industry, the Super Gorilla class jack…
French utility Engie and Spanish partner EDP Renovaveis (EDPR) announced their alliance with the Japanese group Sumitomo Corporation to build the French offshore wind farms of Dieppe-Le Tréport and Yeu-Noirmoutier.As part of the alliance, Sumitomo Corporation acquires a 29…
Brazilian investigators said on Wednesday that 'top executives' of trading giants Vitol , Trafigura and Glencore had full knowledge that their employees paid millions in bribes to executives of state-controlled oil company Petroleo Brasileiro SA in return for business…
United Kingdom Ambassador to Greece Ms. Katherine Smith visited Energean offshore drilling facilities at Prinos.The Delegation of the British Embassy toured by boat the Prinos Oil Field Platforms and “Energean Force”, the Energean owned drilling rig…
Iberdrola inaugurates the wind farm of Wikinger, located in Germany in the waters of the Baltic Sea, with an investment of 1,400 million euros.In its development have participated companies like the Asturian Windar, with the construction of 280 piles of 40 meters in length…
