Japan’s first commercial floating offshore wind farm, rated at 16.8 MW, has started operations offshore Nagasaki Prefecture.The Goto offshore wind farm, located off Goto City, is operated by Goto Floating Wind Farm consortium. The project is…
Brazilian state-run oil company Petrobras has approved the final investment decision (FID) for Module 2 of its Sergipe Deep Waters (SEAP II) project in the Sergipe-Alagoas Basin, a move that will expand the availability of domestic natural gas…
Harbour Energy and its partner Petoro have proven gas condensate in the Camilla Nord prospect in the North Sea.The wildcat wells 35/8-8 S and A were drilled in production licenses 248 LS and 248 B, which are part of the Vega Unit in the North Sea…
Santos has agreed to divest two non-core gas assets in Australia as the oil and gas producer continues to optimize its portfolio and focus capital on priority growth projects.The company said it has executed a conditional sale and purchase agreement to sell its 42…
Shell is in advanced discussions to buy LLOG Exploration offshore in a deal valued at more than $3 billion. This would increase the oil major's portfolio of upstream oil and gas producers by acquiring one of the biggest privately owned oil and natural gas producers in the U…
Africa-focused oil and gas company VAALCO Energy has started its phase three drilling program offshore Gabon with the spudding of the ET-15 infill well on the Etame platform.As previously announced, the company secured a drilling rig in December…
Petrobras and Shell have increased their participation in Brazil’s Atapu and Mero pre-salt reservoirs after securing additional equity in an auction held by Pré-Sal Petróleo (PPSA).The consortium formed by Petrobras (80%), in partnership with Shell Brasil Petróleo (20%)…
EnergyPathways has applied for a gas storage license covering the natural gas and hydrogen storage components of its MESH energy project in the East Irish Sea, expanding the area targeted for salt cavern development nearly fourfold.The company…
QatarEnergy has signed a production sharing agreement for shallow-water Block S4 offshore Guyana. The block was awarded through the 2022 Guyana Licensing Round.Under the terms of the agreement, QatarEnergy will hold a 35% share, while its partners TotalEnergies will act as operator…
Nordsee One has signed a five-year power purchase agreement (PPA) with Shell Energy Europe covering around one-third of the annual output from the 332 MW Nordsee One offshore wind farm.The agreement will start in June 2027. Part of the renewable…
Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets…
Oil producers TotalEnergies, Qatar Energy and Petronas have signed a five-year agreement with Guyana's government to explore a shallow-water block, authorities and company executives said on Tuesday.Guyana has struggled to diversify its energy industry…
Renewables specialist FairWind has completed its acquisition of Cosmic Group, an Australian wind installation and maintenance provider.The move significantly boosts the company’s presence in Asia-Pacific (APAC), reinforcing its existing presence…
The Bureau of Ocean Energy Management announced key developments in its offshore critical minerals planning, with the completion of Area Identification offshore American Samoa and the release of a Request for Information and Interest for the Commonwealth of the Northern Mariana Islands…
Digital Dry-Docking: Tidewater Sees 60% Time Savings Using UniSea’s Maindeck AppTidewater is redefining how vessel dry-dockings are managed, estimating up to a 60% reduction in project time after deploying UniSea’s Maindeck digital platform…