Pancontinental Orange, a subsidiary of Australia-based petroleum exploration player Pancontinental Energy, has secured a one-year extension of its license off the coast of Namibia. The post Pancontinental picks up 12-month extension for Namibia’s Orange Basin permit appeared first on Offshore Energy.

Spirit Energy, an energy company with two shareholders consisting of Centrica (69%) and Stadtwerke München GmbH SWM (31%), has hired AG Consultancy and Apps (AG), an independent SAP consultancy, on a long-term assignment to support its assets in the North Sea.  The post Spirit Energy books AG on multi-year North Sea gig appeared first on Offshore Energy.

Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has revealed a contract extension for two LNG carriers and the start of an assignment for another vessel. The post Two Flex LNG vessels on duty until 2032 and one ship up to 2041 appeared first on Offshore Energy.

Swedish tidal energy developer Minesto has begun production from its 100 kW microgrid-scale powerplant […] The post Minesto’s microgrid-scale tidal energy powerplant begins producing in Faroe Islands appeared first on Offshore Energy.

Norwegian state-owned energy giant Equinor has unveiled a new oil discovery in the Barents Sea off the coast of Norway, which was drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player. The post More oil unearthed in Norwegian waters as Equinor strikes black gold again appeared first on Offshore Energy.

Acadia, the first U.S.-flagged, Jones Act-compliant subsea rock installation vessel (SRIV), owned by Texas-headquartered […] The post First US subsea rock installation vessel begins sea trials appeared first on Offshore Energy.

Italy’s energy giant Eni has struck two new gas discoveries off the coast of Libya, upping the North African country’s hydrocarbon potential. The post Fresh gas discoveries in North Africa give Mediterranean energy security a leg up appeared first on Offshore Energy.

The U.S. Bureau of Ocean Energy Management (BOEM) has taken a step to lay the groundwork for the proposed offshore well stimulation work at a platform off the coast of California. The post Stage being set for multi-well stimulation at offshore platform in California appeared first on Offshore Energy.

China National Offshore Oil Corporation (CNOOC) has awarded OneSubsea, a joint venture backed by […] The post New EPC contract for OneSubsea, this time offshore China appeared first on Offshore Energy.

Western Australia-headquartered and ASX-listed oil producer and explorer Triangle Energy has decided to restructure its portfolio by carving out its assets in the Philippines to give birth to a new Asian-focussed oil and gas explorer through the proposed new ASX-listed Tetragon Energy. The post New Asian oil & gas explorer emerges from Triangle Energy’s spin out move appeared first on Offshore Energy.