Azerbaijan has signed a new deal with Turkey to supply gas from its giant offshore Shah Deniz I field, Azerbaijan's energy minister Parviz Shahbazov told Reuters on Thursday.Azerbaijan halted gas supplies from Shah Deniz I to Turkey in April after the contract expired…
If we want to reach net zero by 2050, there is an increasingly high risk that some of the oil and gas infrastructure investments (i.e. in platforms, pipelines, processors, storage sites etc) made today will result in stranded assets.In other words…
Personal protective equipment provider Red Wing has said that giving female workers men's PPE puts women at risk, and has called for the North Sea offshore industry to close the gender PPE gap and improve the safety of women’s kit.According to Red Wing…
The hull of the Prosperity FPSO has recently arrived from China where it was built to Singapore where Keppel will mate it with topside modules, after which the vessel will set sail for Guyana, to become the South American country's third FPSO in production…
Dutch offshore services firm Fugro has secured accreditation from the UK Civil Aviation Authority (CAA) and Helideck Certification Agency (HCA) as an approved supplier of helideck monitoring systems (HMS) conforming to the new 2021 UK CAA standards…
Danish drilling contactor Maersk Drilling has been selected as the preferred supplier of drilling rig services for the Greensand offshore carbon storage project offshore Denmark.The framework agreement for drilling rig services has been signed with the Nini Joint Venture…
Suriname state oil company Staatsolie on Wednesday said it had signed a 30-year production sharing contract with U.S. producer Chevron Corp for the South American country's offshore Block 5.Chevron Exploration Suriname Ltd and a consortium by TotalEnergies and Qatar Petroleum (QATPE…
Occidental Petroleum Corp agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corp, the oil and gas producer said on Wednesday, as it looks to cut the debt it took on with its purchase of Anadarko Petroleum…
French energy industry major TotalEnergies and floating wind developer Simply Blue Group, a pioneer in floating offshore wind, have launched a joint venture, TotalEnergies SBE US, 'to unlock the vast potential for floating offshore wind projects in the United States…
Wood, a UK-based provider of consultancy and engineering services to the international offshore energy industry, has secured two Front End Engineering and Design (FEED) contracts to support Beach Energy’s Trefoil field development opportunity in the Bass Basin…
President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the region's bloc called an emergency summit to tackle skyrocketing prices.Energy demand has surged as economies have rebounded from the pandemic…
Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Wednesday.A minority coalition of the leftwing Labour Party and the…
Offshore wind developer Ørsted has signed a contract with offshore installation firm Jan De Nul for the transport and installation of 107 monopile foundations and one offshore substation topside at Gode Wind 3 and Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea…
Spanish floating wind technology company X1 Wind has completed the rotor assembly for its 'downwind' floating wind system.'Fitted with a specially adapted V29 Vestas turbine, the unique ‘downwind’ system is able to ‘weathervane’ and orientate passively with the wind to maximize energy yields…
The Kremlin said on Wednesday that Russian gas giant Gazprom was supplying gas to Europe at maximum levels under existing contracts and any increase would need to be negotiated with the company.'Nothing can be delivered beyond the contracts…
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