Norwegian offshore oil and gas producing firm Vår Energi has acquired Feistein CCS – a company specializing in maturing large-scale, cost-efficient CO2 storage opportunities, in a push to accelerate decarbonisation efforts through carbon storage…
Offshore drilling firm Noble Corporation said Tuesday that Shell's Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) had exercised three one-well options on the current Noble Viking drillship contract in Malaysia…
Norway's oil and gas industry safety watchdog Petroleum Safety Authority Norway (PSA) has concluded its investigation into a January 2023 incident at Equinor's onshore processing plant in Mongstad, where a worker fell from scaffolding from a height of 23…
Malaysian firm Velesto Drilling, a subsidiary of Velesto Energy, has secured a contract from the Thai-based oil firm PTTEP to provide a jack-up drilling rig for its offshore drilling program in Malaysia.In a statement on Tuesday, July 11, 2023…
In a first, Brazilian oil company Petrobras last week reportedly sold the P-32 FPSO for sustainable recycling in Brazil, paving the way for the development of the local ship recycling industry.The sale of the floating unit P-32 reportedly took place on July 7…
Africa Oil Corp. has entered an agreement to increase its operated working interest (“WI”) in Block 3B/4B, located in the Orange Basin offshore South Africa and, the company says, on trend with the Venus, Graff, La Rona and Jonker oil discoveries in the nearby Namibia…
Danish green investment company Copenhagen Infrastructure Partners (CIP) has raised 5.6 billion euros ($6.13 billion) for its latest fundand expects to meet its full 12 bln euro target amid undiminished global investor appetite, it said on Monday…
Norwegian oil and gas company DNO on Monday announced a significant gas and condensate discovery on the Carmen prospect, claiming it to be the largest discovery offshore Norway since 2013.Wellesley Petroleum the operator of the offshore license PL1148 in the North Sea…
Dutch offshore crane maker Huisman has won another contract from Havfram Wind, an offshore wind turbine installation contractor, for the delivery of two packages of Auxiliary Cranes for both of the company’s NG-20000X-HF Wind Turbine Installation Vessels…
Kuwait and Saudi Arabia have 'exclusive rights' in the Durra gas field in the Arabian Gulf, Kuwait Oil Minister Saad Al Barrak said on Sunday, and he called on Iran to validate its claim to the field by demarcating its own maritime borders first…
Oil and gas companies are set to spend $58 billion on well intervention – a way to extract additional resources from an existing well instead of drilling a new one – in 2023, the Norwegian energy intelligence group Rystad Energy said.Rystad…
Unite the union confirmed Friday that offshore workers employed by Petrofac Facilities Management Limited in the UK will be balloted on strike action.Around 80 Unite members contracted to work on Ithaca Energy’s FPF1 platform, Captain WPP, Captain floating production…
Oil and gas company PetroNor E&P said Monday that production from the Perenco-operated PNGF Sud field complex offshore the Republic of Congo (Congo Brazzaville), grew to 30,330 bopd in the first half of 2023.'This is equivalent to 5,105 bopd…
French oil major TotalEnergies and its partner SOCAR, Azerbaijan's national oil firm, have started production of the first phase of development of the Absheron gas and condensate field in the Caspian Sea, around 100 km south-east of Baku.This…
Anasuria Hibiscus UK Limited, a subsidiary of the Malaysian oil and gas company Hibiscus Petroleum said it has received the consent for the Environmental Statement for the Teal West Development in the UK.The consent was granted by the Offshore…
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