Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank's first such high-profile deal in the emirate since 2019.Goldman Sachs' investment banking…
After years of delays, and hefty cost overruns Equinor's Martin Linge oil and gas field in the North Sea off Norway, has come on on stream.The field, which was originally expected to start producing in 2016, finally started production on Wednesday at 21…
A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.Britain's Channel 4…
Africa-focused oil and gas company Chariot has appointed David Brecknock to the role of Drilling Manager, to lead the company's planned Anchois gas appraisal well drilling within the Lixus licence, offshore Morocco.The objectives of the drilling…
U.S. liquefied natural gas (LNG) developer Delfin LNG asked federal energy regulators for a third extension until September 2022 to bring into service the onshore facilities of its proposed floating LNG export plant off the coast of Louisiana…
Danish shipowner Esvagt said Thursday its newbuilt offshore wind service vessel Esvagt Alba was set to start its contract in the UK with wind turbine maker Vestas.The Esvagt Alba service operations vessel, delivered last week by Havyard, will…
Norway's BW Energy Ltd and Brazil's DBO Energy have submitted binding offers for Petrobras' Golfinho offshore oilfields, two sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA, as Brazil's state-run oil company is formally known…
The OPEC+ group of oil producers meets on Thursday to decide on a further easing of output cuts next month and could also consider extending its overall supply pact beyond April 2022, sources within the group told Reuters.The group comprising…
Norwegian Engineering and construction groups Aker Solutions and AF Gruppen have signed a Letter of Intent (LOI) to merge the two firms’ existing offshore decommissioning operations.They've agreed to merge the offshore decommissioning operations…
New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7…
Angola has accumulated around $1 billion in debt to western oil companies operating its oilfields, with the bill prompting the African country’s recently launched sale of stakes in its flagship offshore blocs, three industry sources told Reuters…
Norwegian oil and gas company Aker BP has filed a plan for development and operation (PDO) for Kobra East & Gekko (KEG) offshore development in the North Sea, offshore Norway.Total investments in the project are projected at around NOK 8 billion (appr…
Offshore wind turbine maker Vestas said Wednesday it had finalized the turbine supply deal with Spanish renewables giant Iberdrola for the Baltic Eagle offshore wind farm in Germany.The wind farm is being developed off the island of Rügen, in German waters of the Baltic Sea…
Norwegian oil and gas firm Equinor has, with its partners Petoro, Vår Energi and Total E&P Norge, decided to develop the Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field, in the Norwegian Sea offshore Norway…
Tidal technology companies Nova Innovation from Scotland and Sabella from France, have signed a Memorandum of Understanding (MoU) to speed up the development of tidal energy sites for both Scottish and French companies.The company said they'd…
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