An offshore drilling rig worker, employed on a Maersk Drilling rig in Australia, tested positive to coronavirus after going to overseas home, oil and gas company Inpex has informed.'On 22 March we became aware that a person who recently worked…
Hungarian oil and gas company MOL said it has transformed one of its production facilities at Almásfüzitő into a sanitizer production plant as energy companies around the world pitch in to aid the fight against coronavirus. Lubricants producer and MOL Group member MOL Lub Ltd…
Norway’s Kleven Verft has signed the final contract to complete, equip, and deliver a platform supply vessel, in cooperation with Havyard, to Canada’s Atlantic Towing.To remind, Norway’s Havyard in February decided to outsource the construction…
A slew of reports so far this year suggest a confluence of the right factors for a strong, sustained surge in contracting activity — especially in drilling — seems to be developing, at least in Europe.Several indicators were in January pointing to key some snowballing of new activity…
Algeria has definitely been excluded from Energean's pending acquisition of Edison E&P.The Greek oil and gas company in July last year agreed to buy Italy-based Edison's oil and gas subsidiary Edison Exploration & Production for an initial consideration of $750 million…
Croatian DIV Group is set to buy Kleven Verft, a Norwegian shipbuilding company specializing in the construction of offshore and cruise vessels.DIV, which owns the Brodosplit shipyard in Split Croatia, has signed an agreement to buy the Norwegian company based in Ulsteinvik…
The Croatian government said on Thursday it had awarded a licence to energy group INA for gas and oil exploration and exploitation on one block in the country's central and mountainous southern area.It gave no financial details.Earlier this…
Israel-focused Energean Oil & Gas Plc on Monday agreed to sell Edison E&P North Sea assets to Neptune Energy Group for up to $280 million, as part of an ongoing plan to sell non-core assets.Energean, which is focused in the Mediterranean, will…
Israel-focused gas driller Energean said on Thursday it will buy Italian energy group Edison's oil and natural gas unit for an initial consideration of $750 million.The acquisition would significantly expand Energean's operations in the growing eastern Mediterranean gas hub…
Connector Subsea Solutions and Hydratight completed the world’s first deepwater riser repair at 1250m depth for BP off West Africa. Pål Magne Hisdal, Andre Midtun and Ivar K. Hanson explain. Image from the installation phase…
Energean Oil & Gas has signed US$19 million exploration and production contract with State of Montenegro for two blocks off the Montenegrin coast. Rigas, Sekulic signing the exploration contract…
Energean Oil & Gas's exploration license over the West Katakolon field has been converted to a 25-year exploitation license with immediate effect. The West Katakolon Exploitation area is part of the Katakolon Concession Area and covers 60sq km area with about 10 MMbbl recoverable oil…
Greek explorer Energean Oil & Gas has reached an agreement with the Ministry of Economy of Montenegro upon Hydrocarbons Exploration and Production for offshore blocks 4219-26 and 4218-30. The proposed concession contract, joint operating…
Restrictions on offshore exploration in Italian waters have been reintroduced, according to UK-based explorer Rockhopper Exploration. The firm says the Italian Parliament has approved its 2016 Budget Law, which reintroduces restrictions…
Jerry Lee reports on all the exploration and production activity currently ongoing in the Mediterranean and North Africa. The Maersk Discoverer drilling in Egypt’s East Mediterranean Sea. Photos from BP…