Offshore seismic survey specialist Shearwater on Friday announced a new project with the Austrian oil firm OMV for a 'pioneering' towed streamer survey with Ocean Bottom Nodes over the Berling gas and condensate discovery in the Norwegian Sea…
Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in Germany worth a record 12.6 billion euros ($14.1 billion), allowing them entry to the central European market without a partnership.Previous auctions have been won by consortia…
The World Court on Thursday rejected a lawsuit by Nicaragua seeking to define and expand its deep sea economic rights beyond those previously established in a long-running maritime border dispute over a trio of Caribbean islands with Colombia…
Global offshore wind firm Orsted chose to exit a German seabed lease auction, its top executives said on Thursday, after the company expressed concerns about high prices.Germany on Wednesday announced the results of the tender for 7 gigawatts (GW) of capacity in the auction…
According to a new S&P Global Commodity Insights report, more than three-fourths of all oil and gas production in the United States Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average. GHG intensity from shallow…
Offshore wind service provider SeaRenergy has won a contract with the Spanish renewable energy giant Iberdrola for the Baltic Eagle offshore wind farm in the German Baltic Sea for two different service scopes. While SeaRenergy announced the news Thursday…
Jacktel, the owner of offshore accommodation rig Haven, has now formally secured a contract with the Norwegian oil firm Aker BP for the provision of accommodation services to the Valhall PWP - Fenris project.The contract was first announced in December 2022…
The Australian Government has declared an area in the Pacific Ocean off the Hunter, New South Wales (NSW) as suitable for future offshore wind development.The announcement follows the declaration of Gippsland off the Victorian coast and will improve energy security…
Iran's foreign ministry will follow up on the Durra gas field known as Arash in Iran, the country's Oil Minister Javad Owji said on Wednesday according to semi-official Tasnim news agency.Kuwait and Saudi Arabia have 'exclusive rights' in the Durra gas field in the Gulf…
UK North Sea-focused oil company Ithaca Energy has signed a deal to acquire a 40% stake in the Fotla Discovery it doesn't already own and three offshore exploration licenses from Spirit Energy.'The acquisition, which is subject to the satisfaction…
Six environmental groups on Wednesday asked the Biden administration to end the 'routine fast-tracking' of offshore oil and gas projects in the Gulf of Mexico, which they claim undermines environmental protections and safety.Earthjustice, the Sierra Club…
Australia's Woodside Energy Group has returned a deepwater block to the Trinidad and Tobago government after an exploration appraisal found it would be uneconomic to develop, a company spokesperson said on Wednesday.Trinidad and Tobago is pushing…
Norwegian oil group Aker BP on Thursday reported a rise in second-quarter earnings that matched expectations as record production offset weaker prices for oil and gas, and lifted its full-year production outlook. Norway's second-largest listed oil company…
Texas-based oilfield services company Weatherford has won a five-year contract to provide Intervention Services for Petróleo Brasileiro S.A. ('Petrobras') in Brazil.'Weatherford has performed Intervention Services in Brazil for more than 20…
The British government granted development consent for the Hornsea 4 offshore wind farm project on Wednesday. The project, being developed by Danish wind developer Orsted will be located off the Yorkshire coast in England. The wind farm will have a capacity of up to 2…
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