Canada has secured the surrender of the last remaining permits for oil and gas development off its Pacific Coast, the federal natural resources minister said on Wednesday, after Chevron Canada voluntarily relinquished 23 permits this month.Energy…
Prime Ministers come and go. Energy Ministers are appointed and promptly booted out of the job as if they were never there. Net Zero roadmaps are published, tweaked, and then eventually shelved by the Government and opposition alike. But amidst the permacrisis of Westminster…
Wintershall Dea and its partners TotalEnergies and Pan American Energy have completed the installation of the Fénix platform offshore Argentina.The platform was installed around 60 kilometer off the coast of Tierra del Fuego, in 70-meter water depth…
As part of the refurbishment for the operations and maintenance (O&M) base for the Rampion offshore wind farm, Inland and Coastal Marina Systems (ICMS) has installed a floating concrete breakwater within the Port of Newhaven to provide safe berthing facilities for crew transfer vessels (CTV)…
Nigeria will this year open bids for new offshore oil blocks, the second such auction in two years, the head of its petroleum regulator said on Tuesday, as Africa's biggest oil producer seeks to draw more investment into deepwater projects.Nigeria has struggled to increase its oil output…
Island Drilling has started evaluating all legal recourse at its disposal to contest the termination of contract for its Island Innovator semi-sub rig, by Trident Energy and its partners in the Block G offshore Equatorial Guinea, deeming the claims on safety issues with the unit ‘not accurate’…
Japan’s largest power generation company JERA has signed a memorandum of understanding (MoU) to collaborate on LNG value chain development in Indonesia with PT PLN Energi Primer Indonesia (PLN EPI), a subsidiary of PT PLN Persero.Collaboration to establish a value chain for LNG…
DNV has published a substantial revision to the ‘go-to standard’, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets.The new…
BP reported on Tuesday fourth-quarter earnings of $3 billion, exceeding forecasts thanks to strong gas trading, as the energy company increased the pace of its share repurchases.The quarterly results lifted the energy giant's 2023 profit to $13…
Shell has confirmed that a rig contract has been signed with Valaris for the drilling of both the Selene exploration well and the Pensacola appraisal well in the North Sea, expected to start in summer 2024.The two wells will be drilled using the Valaris 123…
A Canadian offshore oil regulator said on Friday it has licensed an oil discovery by Equinor ASA off the country's coast, an area of around 14,900 hectares.The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said that the…
Paratus Energy Services, through its subsidiary SeaMex Holding, has secured a one-year contract for the Titania jack-up rig in Mexico.The new contract will contribute approximately $55 million in backlog and is expected to start around mid-February 2024…
Shell on Thursday reported a 2023 profit of $28 billion, a 30% drop from the previous year's record as energy prices and demand cooled, but still allowing the firm to increase its dividend by 4% and extend share repurchases.The British company's…
North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.The agreement marks…
U.S. Customs and Border Protection has issued a ruling to New Fortress Energy, confirming that the transportation of LNG produced at the its FLNG facility located offshore Altamira in Mexico by non-U.S. qualified vessels would not violate the Jones Act…
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