Tower Resources Cameroon SA, a wholly-owned subsidiary of Africa-focused Tower Resources Plc, has hinted at good progress on the ongoing discussions with potential farm-in parties into the Thali PSC offshore Cameroon.The progress in the negotiations鈥
云顶赌场老虎机 vessels were designed and built to support the offshore oil and gas industry. Whether that鈥檚 platform supply vessels (PSVs) supplying offshore installations, anchor handlers (AHT/AHTS) moving mobile offshore drilling units (MODUs) and other offshore structures鈥
North Sea private equity player, Hitecvision 鈥 the firm behind the rise of well-known E&P players and suppliers 鈥 has decided to bundle 20 of its oilfield suppliers into a well-capitalized industrial group with other-than-offshore aims.Hitec said the offshore suppliers would live on in a new鈥
Malawi鈥檚 2019 Presidential election was annulled early this year by the Constitutional Court with directions to Malawi Electoral Commission asked to hold a fresh poll in five months. The question in the minds of many in the oil and gas exploration鈥
Projects worth $4.2 billion in capital expenditure (capex) are expected to get underwater offshore India this year and next, an event in Aberdeen this morning was told.The projects, across India鈥檚 Krishna Godavari (KG) Basin in the Bay of Bengal鈥
Decommissioning in Southeast Asia and Australia offers a US$100 billion opportunity out to 2040 with a million tonnes of steel to be removed and thousands of wells to be sealed, a business breakfast in Aberdeen was told this morning.Blair Miller鈥
A slew of reports so far this year suggest a confluence of the right factors for a strong, sustained surge in contracting activity 鈥 especially in drilling 鈥 seems to be developing, at least in Europe.Several indicators were in January pointing to key some snowballing of new activity鈥
UK (and Norwegian) taxpayers are largely footing Equinor鈥檚 wind-energy success by helping the offshore oil, gas and renewables player operate a healthy profit and hand out dividends, Norwegian news reports have been trumpeting of late.It was Stavanger Aftenblad鈥
BP's phase three of the $12 billion West Nile Delta project offshore Egypt will come online by the end of this year, nearly 12 months behind the earlier scheduled deadline, the company said in a conference call this week.The third phase includes the development of the Raven field鈥
2020 will be a peak year for floating production, storage and offloading unit (FPSO) demand with up to 14 awards forecast in Wood Mackenzie鈥檚 base case scenario, half of which will be located offshore Latin America. Only two of these facilities are expected to be Petrobras units鈥
A handful of Norway-based arctic oil and gas explorers and their hydrocarbon finds might be the last at today鈥檚 recognized Barents Sea鈥檚 ice edge, if an expert group鈥檚 recommendation to bring offshore activity south gains political traction鈥
Increasing activity, led by scaled down, accelerated projects and subsea tiebacks is helping drive an increasing business in the subsea industry. But there鈥檚 slim chance of revisiting the boom days of 2013, the Society of Underwater Technology鈥檚鈥
鈥淔it at 50鈥, 鈥渓ife begins at 70鈥 and 鈥渢he swinging 60s鈥 were all slogans chosen to reflect oil price market sentiment in 2017, 2018 and 2019, respectively. This year, at the Society of Underwater Technology鈥檚 (SUT) annual Global Subsea Market Outlook Business Breakfast鈥
The swollen number of orders felt in 2019 for floating production, storage and offloading vessels (FPSO) was, it turns out, well above the average number of yearly go-aheads seen in over the past 10 years, a new floater report says.Oil prices鈥
The long awaited first ever offshore licensing by Senegal has finally been launched as the West Africa country inches closer to achieving its national medium- and long-term hydrocarbon sector investment plan and drive to transform the upstream resource into a source of clean electricity generation鈥
