Libya's National Oil Corporation (NOC) said on Monday it was considering declaring force majeure in the Gulf of Sirte area within 72 hours unless production and shipping resume at the oil terminals there.Mustafa Sanallah, chairman of the state oil firm…
France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian squeeze of energy supplies that has spiked prices, a French presidency official said on Monday.It also wants a planned mechanism to cap the price…
Ukrainian forces have attacked a drilling platform in the Black Sea owned by a Crimean oil and gas company, Tass news agency cited local officials as saying on Sunday, the second strike in a week.The platform is operated by Chernomorneftegaz…
Flows of Russian gas to Europe via the Nord Stream 1 pipeline and deliveries through Ukraine remained steady on Monday morning, operator data showed.Physical flows to Germany through the Nord Stream 1 pipeline across the Baltic Sea stood at 29…
Well management firm Exceed has, in partnership with Mermaid Subsea Services UK, secured a vessel-based well plugging and abandonment campaign to be carried out on behalf of four operators on the UK continental shelf.Exceed said this was the company’s largest vessel-based well P&A campaign to date…
Jack-up drilling rig owner Borr Drilling has signed a binding letter of intent with an unnamed buyer for the sale of three high-spec jack-up drilling rigs currently under construction with Keppel FELS shipyard for $320 million.Borr Drilling…
Renewable energy company RWE Renewables France and offshore vessel services provider Bourbon Subsea Services have agreed to jointly bid for the Mediterranean floating offshore wind auction.The two companies have applied to be selected as eligible bidder for the A06 tender…
Norwegian oil company Equinor has been granted a drilling permit to drill the exploration well 6607/12-5 in the Norwegian Sea, offshore Norway.The well site is located in the production license 943. The drilling permit was granted on June 24…
Oil and gas company BW Energy has agreed to buy Saipem's Cidade de Vitoria FPSO for $73 million in cash. The vessel is currently owned by Saipem and operated for Petrobras in the Golfinho field offshore Brazil.The sale and purchase of the FPSO…
Shanghai Electric Wind Power Group Co., Ltd. said Friday its first EW8.X-230 offshore wind turbine generator had recently rolled off the production line at the Putian manufacturing facility.The wind turbine generator is designed for the medium…
Dutch and British wholesale gas prices mostly fell on Friday morning, correcting gains made the previous day after Germany triggered the second phase of its emergency gas plan.The benchmark Dutch wholesale gas contract for July delivery was down 4…
ION Geophysical has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its Mauritania 3D reprocessing program. The multi-client program was undertaken through an exclusive agreement with the Ministry of Petroleum…
Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), has signed an agreement with Vietnamese construction and infrastructure group FECON for a proposed 500 MW offshore windfarm in Ba Ria…
Oil spilled last week at Jadestone's Montara field offshore Australia, during crude oil transfer between two crude oil tanks onboard the Montara Venture FPSO, forcing the company to shut down production from the offshore fied.'During the transfer…
Five oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea, are looking to build a 1GW floating wind farm in the Troll area, with the plan to use the wind farm to power oil and gas installations. The final investment decision could be made in 2023…
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