Norway's minority government should withdraw its proposal to open a vast Arctic offshore area to deep sea mining and call at least a ten-year moratorium on the activity, its key backer in parliament, said.Norway could become the first nation…
BP CEO Bernard Looney's abrupt resignation has thrown the British oil major into a leadership crisis with no groomed front-runner to succeed him, company and industry sources said on Wednesday.Several current and former BP insiders were seen as potential candidates to succeed Looney…
Seadronix, a company specializing in artificial intelligence (AI) solutions for the maritime industry, said Wednesday it had won a tender to install its AI situational awareness solution on a wind turbine installation vessel (WTIV). 'This will…
The chief executive of French oil major TotalEnergies will meet Suriname's President Chan Santokhi on Wednesday to discuss a promising oil project that could inaugurate the South American country's offshore production.Suriname's Foreign Affairs…
Avangrid, Inc., a U.S. offshore wind developer and part of the Spanish Iberdrola Group on Wednesday announced the start of the wind turbine installation campaign for Avangrid’s Vineyard Wind 1 project offshore Massachusetts, the first commercial-scale offshore wind farm in the United States…
Chevron has asked Australia's Fair Work Commission (FWC) to intervene in its dispute with workers on strike at two major liquefied natural gas facilities, banking on new laws that came into effect in June and which empower the industrial arbitrator…
BP's interim CEO Murray Auchincloss said on Wednesday the company won't be derailed from its energy transition strategy by former leader Bernard Looney's abrupt resignation amid misconduct allegations.BP scaled back its energy transition strategy…
The UK government has approved BP's proposed development of the Murlach oil and gas field in the UK North Sea.The Murlach Field Development will be a redevelopment of the Murlach Field (part of Marnock-Skua), located in the Central North Sea…
The European Union will put forward a package of measures to support Europe's wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday…
Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia ('Block 2A') to 52…
Oil and gas company BW Energy has brought online the fourth well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. 'Well performance is in line with expectations with current production at approximately 6,500 barrels per day…
Drillship-owning firm Deep Value Driller AS has delivered its 7th generation drillship 'Deep Value Driller' to Saipem under a bareboat charter deal signed earlier this year.Saipem has chartered the drillship for an estimated firm period of three years…
Malaysia's Bumi Armada on Wednesday said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of liquefied natural gas (LNG)…
West Africa-focused Tullow Oil on Wednesday reduced the upper end of its production outlook for this year to 58,000-60,000 barrels per day (bpd) from 58,000-64,000 bpd.The reduction was because of lower than expected production from its Jubilee…
Australian oil and gas firm Woodside said Wednesday its Shenzi North project has started production in the deepwater US Gulf ofMexico.Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase the production capacity of the asset…
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