Wintershall Dea on Wednesday announced it has started production from the Dvalin gas field in the Norwegian Sea together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market.The field helps underpin…
Jadestone Energy said it is making progress toward resuming production from the Montara Venture floating production storage and offloading (FPSO) unit offshore Australia.The Asia Pacific-focused independent oil and gas production company in…
Subsea 7 has signed a three-year strategic partnership with Talos Energy to deliver commercial solutions for subsea engineering, construction and installation projects in the U.S. Gulf of Mexico.Under the agreement, the companies will collaborate…
Norwegian energy firm Equinor and its partners inaugurated the world's largest floating offshore wind farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions.The Hywind Tampen wind farm…
The U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) on Tuesday approved the construction of a 704-megawatt (MW) wind farm off the coast of Rhode Island, the fourth major offshore wind project the agency has greenlit…
Singaporean shipbuilder Seatrium New Energy, formerly Keppel FELS, on Tuesday announced it has delivered a new jackup rig to the UAE's ADNOC Drilling.The rig, named AlSila, is among five that Seatrium had been building for Borr Drilling. In 2022…
Woodside has released its half-year financial results which show a net profit after tax (NPAT) of US$1,740 million. Underlying NPAT was US$1,896 million, up 4% on the corresponding period in 2022, reflecting a full period of results with Woodside’s expanded operations portfolio…
Exxon Mobil Corp and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the South American country.The floating production platform for the so-called Whiptail…
A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday.The system, named Potential Tropical Cyclone 9, was about 480 miles (770 km) east-southeast of Port Mansfield…
While trouble areas continue to emerge in the young U.S. offshore wind industry, analysts at Intelatus Global Partners maintain an optimistic outlook for the industry in the long term.The business intelligence and consulting firm said in its latest U…
Offshore drilling contractor Diamond Offshore announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…
Norwegian oil and gas firm Equinor has received consent from the Petroleum Safety Authority Norway for exploration drilling in the Norwegian Sea.The consent is for drilling in the production license 1058 for the JDE prospect (Well 6307/1-2 JDE)…
Colombia needs to rebuild trust between communities, businesses and the government to successfully execute its energy transition, Minister of Mines and Energy Andres Camacho told journalists on Thursday. Camacho, an electrical engineer who previously worked in the ministry as an adviser…
The Norwegian Ministry of Petroleum and Energy awarded one CO2 storage license in the North Sea to Sval Energi AS, Storegga Norge AS, and Neptune Energy Norge AS.'Carbon capture and storage of large amounts of CO2 is important to reach our climate…
Swiss-based firm Implenia and NorSea's WindWorks Jelsa have signed an agreement to develop a production and assembly facility for large concrete or steel structures for the floating offshore wind industry at Norway’s west coast.Implenia and NorSea will become equal minority shareholders (approx…