The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies.The auction, which began on Wednesday and stretched into Friday afternoon…
Oil and gas firm Chariot has been formally awarded the Rissana offshore license in Morocco, after agreeing on key terms in December 2020.The company has won a 75% interest and operatorship of the Rissana license in partnership with the Office…
The U.S. Coast Guard medevaced an oil platform worker last Thursday near Breton Sound, Louisiana.Coast Guard Sector New Orleans watchstanders received a notification at approximately 6:25 p.m. from the oil platform Breton Sound 21 of a worker sustaining serious injuries to the arm…
U.S. offshore oil producer Talos Energy Inc on Friday said it aims to file permit applications for several carbon capture projects this year, a key step to developing carbon sequestration hubs along the Gulf Coast.Talos is developing plans to…
Brazilian oil company Enauta said Friday that it had exercised the option for the Alpha Star drilling rig to drill two wells for Atlanta’s Full Development System, in the Santos Basin, offshore Brazil.As previously reported, Enauta said earlier…
Norwegian oil and gas company Equinor said Monday it had decided to stop new investments into Russia and to start the process of exiting Equinor's Russian Joint Ventures.'We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world…
OIl and gas company Neptune Energy has started drilling on the Hamlet exploration well in the Norwegian part of the North Sea.The well, formally named well 35/9-16S is being drilled by the Deepsea Yantai semi-submersible drilling rig, owned by China's CIMC and operated by Norway's Odfjell Drilling…
BP said on Sunday it plans to abandon its 19.75% stake in oil giant Rosneft in the wake of Russia's invasion of Ukraine, marking an abrupt and costly end to 30 at times fraught years operating in the oil-rich country.The British oil and gas giant did not say how it planned to exit its stake…
The Bureau of Ocean Energy Management's (BOEM) New York Bight auction concluded February 26, 2022, a sale where six bidders committed to payments of close to $4.4B in total for the right to develop wind lease areas offshore New York and New Jersey…
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey continued to shatter all records on Friday, reaching over $3.8 billion with one single block fetching over $1 billion.The auction, which began on Wednesday…
Swedish offshore vessel operator Viking Supply Ships said Friday its contract for four anchor handling tug supply (AHTS) vessels announced earlier this month could be postponed or canceled due to the Russian invasion in Ukraine. Viking Supply…
The U.S. Coast Guard rescued nine people Thursday from a burning jack-up drilling rig near Sabine Pass, Texas.Coast Guard Sector Houston-Galveston watchstanders received a notification at 12:51 p.m. from the dredging vessel Ohio that the Pride…
Italian oil company Eni has started production from the Ndungu Early Production (EP) development offshore Angola.The field, located in Block 15/06 of the Angolan deep offshore has been developed via the Ngoma FPSO vessel.'The start-up of Ndungu EP is yet another example of how Eni Angola…
The UK-based Offshore Wind Growth Partnership (OWGP) on Friday announced the winners of its first Innovation Grant Funding Competition in which eleven UK firms secured a share of OWGP's £3m Innovation Grant funding pot.Launched in September 2021…
When bidding for six leases in the New York Bight commenced on Wednesday morning, the minimum option price to secure development rights was set at close to $49 million. After the first day, 13 active bids had resulted in cumulative bids of over $1…
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