Oil and gas company Tullow Oil has decided to focus on its West African producing portfolio as part of its new strategy and plan to generate about US$7 billion of operating cash flow over the next ten years. In an update on the 25th…
Total has issued a conditional letter of award to Maersk Drilling for two deep-water rigs for exploration and appraisal in block 58 offshore Suriname. The campaign is set to start early next year, with an estimated firm duration (for the two rigs combined) of…
If America and the rest of the world are truly going to achieve the “energy transition” from fossil fuels to renewable energy sources in the coming decades, it will be important to excise the scams from the system. One of the most-abused scams to…
Venezuela has continued its crackdown on oil industry critics and whistle-blowers in an attempt to block information leaks about state-owned Petroleos de Venezuela (PDVSA), the country’s deteriorating oil facilities, and unsafe working conditions. On the 19th November Venezuelan authorities arrested Eudis Girot, an oil…
As part of its coal seam gas exploration programme in southern Mongolia, Elixir Energy Ltd, Adelaide, has discovered gassy coals in a new subbasin within its Nomgon IX production sharing contract area. This year, the company has drilled seven wells that intersected significant coal…
Greenlight Re hires former Canopius marine treaty head to lead new UK unit Cayman Islands-headquartered reinsurer Greenlight Re has established a UK marketing company – Greenlight Re UK – to increase its presence in the London market, hiring Andrew Gladwin to lead the venture. …
Odfjell Drilling reported on the 23rd November that it has signed final rig contracts for a pair of previously announced Equinor drilling campaigns on the Norwegian Continental Shelf. As Rigzone reported in July this year, Equinor and its Johan Sverdrup licence partners signed a…
The US government has launched a new collaboration for improved safety and environmental stewardship in offshore energy exploration and production operations, including offshore oil and gas, wind, and marine hydrokinetic energy production. On the 23rd November, the US Department of the Interior (DOI) Bureau…
Aker Solutions (Kvaerner) has contracted Bridon-Bekaert Ropes Group (BBRG) to supply long-term mooring lines for Equinor’s Hywind Tampen floating offshore wind project in the Norwegian North Sea. The company will supply 35 long-term mooring lines for 11 floating offshore wind turbines including spares. …
More than a dozen technology developers are looking to capitalise on the momentum behind floating offshore wind by adding other marine power concepts into the mix. The companies, which include Floating Power Plant of Denmark, Marine Power Systems of the UK and Pelagic Power…
