An early visit by Prime Minister Andy Burnham to meet North Sea energy operators and their workforce could mark a crucial turning point in government attitudes towards home-grown energy and the future of the offshore industry, says David Whitehouse, Chief Executive of Offshore Energies UK (OEUK). OEUK has requested an urgent prime ministerial visit to operators in Scotland and supply-chains in […]
Italian energy services giant Saipem has secured a $260 million offshore drilling contract from Eni’s Ivorian subsidiary, paving the way for one of the world’s most advanced ultra-deepwater drillships to begin a long-term drilling campaign off the coast of Côte d’Ivoire from early 2027.
Delays at the Rosebank oilfield, now expected to push first production to at least 2027, have put a spotlight on stocks tied to North Sea projects.
MODEC said it will supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique.
A floating storage and offloading (FSO) unit has left a shipyard where it was undergoing construction and set sail toward an oil field off the coast of Vietnam, Southeast Asia.
South African upstream oil and gas company PetroSA is investigating the possibility of restarting operations at a Mossel Bay gas-to-liquid fuel plant.
Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) is pleased to provide the following update on activities across its portfolio:
Tullow Oil plc (Tullow) is pleased to announce that its wholly owned subsidiary, Tullow Overseas Holdings BV (TOHBV), has agreed to increase the consideration for the shares in Tullow Kenya B.V. sold to Auron Energy E&P Limited by a further $9 million.
A Greek-owned liquefied natural gas carrier was involved in an “incident” in the Strait of Hormuz at the end of last week while exiting the waterway, the owner company said in a statement, as quoted by Reuters.
Kuwait produced 1.971 million barrels of crude oil daily in July, Reuters has reported, citing unnamed sources. That was up from 1.65 million barrels daily in June, the report noted, which in turn was up from just 580,000 barrels daily in May.