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Talos Energy, Carbonvert JV Wins Rights to Manage Carbon Storage Site Offshore Texas

Aug 25, 2021

U.S. oil and gas company Talos Energy, focused on oil and gas assets in the Gulf of Mexico, said Wednesday it was, with its partner Carbonvert, the sole winning bidder for the Texas General Land Office's ('GLO') Jefferson County, Texas carbon storage site located near Beaumont and Port Arthur…

Ping to Buy Out Summit from Avalon Oil Field. Targets First Oil for 2023

Aug 13, 2021

Malaysian oil company Ping Petroleum, a subsidiary of DNeX, has agreed to buy the remaining 50 percent stake in the Avalon oil field in the UK North Sea, for $17 million.Ping will buy the 50 percent stake in the oil field from Summit Exploration and Production…

Shell, Iberdrola Plan to Build Large-scale Floating Wind Farms in Scotland

Jul 16, 2021

Oil and gas major Shell and Iberdrola-owned Scottish Power said on Friday they had joined forces to bid to develop large-scale floating wind farms off the coast of Scotland.The companies said they had submitted proposals for the potential projects as part of Scotland's offshore wind leasing round…

Hibiscus Pushes North Sea Field Development FID to March 2021

Dec 09, 2020

Malaysian oil and gas operator Hibiscus Petroleum has said that the final investment decision for the development of its Marigold cluster in the UK North Sea, will be made in March 2021, and not in December 2020, as previously expected, citing Covid-19 effects…

Petrobras Launches Binding Phase for Ceará Cluster Fields Sale

Nov 04, 2020

Brazilian oil firm Petrobras has announced the start of the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster, located in the state of Ceará, Brazil.The fields comprising the Ceara Cluster are Tuna, Curimã…

Greece Extends Deadline for Offshore Gas Storage Bids

Sep 25, 2020

Greece has pushed back a deadline for the submission of non-binding bids for a contract to run an underground gas storage facility in the northern Aegean Sea.Privatization agency HRADF, which manages the concession, said on Friday it had extended the deadline for initial bids to Oct…

Lebanon Postpones Offshore Licensing Round Again

Jun 01, 2020

Lebanon has again postponed the deadline for the submissions of applications for its second offshore licensing round, citing the effects of the COVID-19 pandemic and the decline in oil prices.Lebanon had in January postponed the deadline from…

Petrobras: Binding Phase Starts for Papa-Terra Field Sale

Apr 20, 2020

Brazilian oil company Petrobras has started the binding phase for the sale of its share in the Papa-Terra field located in the deepwater area in the Campos Basin, offshore Brazil.The binding phase starts following a teaser for the sale Petrobras had announced back in February…

Lebanon in Another Offshore Round Delay

Apr 06, 2020

Lebanon has postponed the deadline for submissions of applications for its second offshore licensing round once again.Lebanon had in January postponed the deadline from January 31 to April 30 to allow international firms more time to pursue administrative…

Offshore Wind Challenge Open for Submissions

Mar 12, 2020

U.S. cleantech incubator Greentown Labs, and offshore wind developer Vineyard Wind have started accepting applications for their Offshore Wind Challenge. Greentown Labs and Vineyard Wind are seeking submissions from startups that are innovating in marine mammal monitoring…

Lebanon Delays Offshore Round Bidding Deadline

Jan 14, 2020

Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…

Court Reviewing Bourbon Takeover Bids

Nov 22, 2019

Takeover offers for the assets and activities of French offshore services company Bourbon will be reviewed by the Marseilles Commercial Court next month, Bourbon said in a a company update.Four candidates have submitted an offer concerning assets…

Ofgem Rejects 600MW Shetland Cable Gig

Oct 24, 2019

Energy regulator Office of Gas and Electricity Markets (Ofgem) has been 'unable to approve' plans for two huge subsea cables to take energy from the Scottish islands to the mainland.The transmission links from Shetland and the Western Isles…

PGS Releases 3D GeoStreamer Survey Data

Oct 21, 2019

Norwegian seismic services provider Petroleum Geo-Services (PGS) said that beam migrated data is now available for viewing on its latest 3D GeoStreamer seismic survey over Angola blocks for the 2021 bid round.Modern imaging will unlock links between onshore and offshore presalt and postsalt plays…

Crown Estate Opens Offshore Wind Round 4

Oct 14, 2019

The Crown Estate has officially opened the Offshore Wind Leasing Round 4, which will offer seabed rights for at least 7GW of new projects in the waters around England and Wales.'The Pre-Qualification Questionnaire (PQQ) for Offshore Wind Leasing…

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