Capricorn Energy said on Tuesday that Nicoletta Giadrossi has stepped down from the board as chairperson with immediate effect, along with Chief Executive Officer Simon Thomson and three other directors. The British oil and gas producer said James Smith will remain the chief financial officer…
Guyana is in talks with Qatar, Britain, the United Arab Emirates, and India on the possibility of directly allocating offshore blocks for oil and gas exploration in parallel with a bidding round this year, President Irfaan Ali said on Monday…
Mexican state oil company Pemex produced an average of 1.856 million barrels per day in January, President Andres Manuel Lopez Obrador said on Monday, reiterating that production has recovered since he took office in 2018. An energy nationalist…
Trinidad and Tobago will consider direct negotiations with energy companies for oil and gas exploration, possibly moving away from a competitive bidding round system, Prime Minister Keith Rowley said on Monday. The talks follow difficulties…
Norwegian marine seismic survey firm PGS has won a 3D seismic survey contract in the Mediterranean Sea, the company said on the Oslo stock exchange.PGS said the client was 'an international energy company.'The company's 104.2-meter-long and…
Norway-based offshore crane maker Red Rock said Monday it had received an order to deliver a 40t active-heave compensated offshore crane.The crane will be delivered in the first quarter of 2023 from Red Rock's workshop in Poland. After the test…
Spanish power company Iberdrola is considering the sale of a stake in its U.S. renewables business to help to finance new investments, two sources with knowledge of the matter told Reuters. One of the sources said that Iberdrola had appointed…
Baker Hughes Co on Monday reported results that missed Wall Street's fourth-quarter profit estimate but offered an upbeat outlook on rising demand for oil and natural gas.The oilfield services industry grew last year on higher activity in response to elevated oil prices…
Pipeline operators Gascade and Fluxys are stepping up the pace on plans for a green hydrogen pipeline in the North Sea by applying to the European Commission to qualify for fast-track approvals and funding, they said on Monday. Germany and the…
A CGX Energy Inc. and Frontera Energy Corporation consortium has started drilling the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.To remind, under the Corentyne block license terms, the joint venture was previously required to spud Wei-1…
Charges unveiled by two offshore wind sector leaders highlight the challenges the fast-growing renewables industry is facing, ranging from quality issues to cost inflation, that are hitting profit outlooks. Denmark's Ørsted, the world's No. 1 offshore wind farm developer…
An offshore oil worker went missing from a drilling rig in the UK North Sea, 100 miles southeast of the Aberdeen coast, on Sunday.The BBC reported Monday that a search and rescue operation had been launched after an alarm was raised at around 9 p…
The chief executive of Italy's Eni Claudio Descalzi is on course to secure Prime Minister Giorgia Meloni's backing for an unprecedented fourth term at the top energy group, sources told Reuters.Another three years in office would make Descalzi…
Danish offshore wind installation vessel owner Cadeler has awarded Semco Maritime a contract for vessel modifications as part of the upgrade of main crane capacity on Cadeler’s two O-class windfarm installation vessels (WFIV), Wind Orca and Wind Osprey…
The FPSO built for the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has set sail towards the project site off the coasts of Mauritania and Senegal.The FPSO departed the Cosco shipyard in Qidong, China, on Friday…