Rockhopper wins extension for Falklands assets as it sheds two Italian ones

UK-based oil and gas exploration and production company Rockhopper Exploration has signed a share purchase agreement (SPA) with India’s Zodiac Energy to dispose of its two Italian assets and put in place an insurance policy as it awaits the resolution of a dispute with Italy over a third one. Additionally, the company has won extensions …

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Island Drilling rig finishes plug and abandonment gig offshore Africa

Island Drilling has wrapped up its plug and abandonment (P&A) campaign off the coast of Mauritania, Africa, which is being carried out with its 2012-built semi-submersible rig. The post Island Drilling rig finishes plug and abandonment gig offshore Africa appeared first on Offshore Energy.

Subsea7 employs new installation method at Aramco’s giant offshore oil & gas project (Gallery)

Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors on the seabed to complete installation works at an oil and gas project off the coast of Saudi Arabia. The post Subsea7 employs new installation method at Aramco’s giant offshore oil & …

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One multimillion-dollar offer for stake in UK player’s asset off Cameroon on the table with more anticipated as talks continue

The UK-based oil and gas company Tower Resources has received an updated and more detailed offer for the farm-out process regarding its production-sharing contract (PSC) off the coast of Cameroon. However, the firm’s discussions with other interested players are still ongoing, thus, it expects to receive at least one more offer soon. The post One …

One multimillion-dollar offer for stake in UK player’s asset off Cameroon on the table with more anticipated as talks continue Read More »

Japanese duo looking into energy-saving ship operations utilizing wind power

Sumitomo Heavy Industries Marine & Engineering (SHI-ME) and ORIX Corporation have begun a feasibility study on utilizing wind power for energy-saving operations on one of ORIX’s bulk carriers. The post Japanese duo looking into energy-saving ship operations utilizing wind power appeared first on Offshore Energy.

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