Italy's commissioner for the set up of a new regasification terminal is confident the infrastructure could get the green light by the end of October, in time for extending the country's LNG capacity at the beginning of 2023.Under the government's energy plan…
Exxon Mobil Corp is uncertain whether it will bid for new offshore areas Guyana wants to explore, a person close to the matter said, as the oil major ramps up production faster than expected and the South American country wrestles with fixing terms of new oil leases…
Odfjell Drilling announced that on behalf of CIMC OFFSHORE AS, it has agreed a contract with OMV Norge AS for the use of the drilling rig Deepsea Yantai to drill one firm well Eirik in PL 817 in the North Sea, plus one optional well in 2023 or 2024…
Vaar Energi's Balder X oil and gas project will cost $1.2 billion more than previously expected with petroleum output delayed by about nine months to the third quarter of 2024, the company said on Monday, sending its shares sharply lower.The changes reflect increased work scope…
Swiss private equity firm Partners Group said it has agreed to sell its 20% stake in Dutch offshore windfarm Borssele III / IV to Swiss Life Asset Managers.Borssele is a fully operational offshore windfarm located 55 kilometers from the Port of Vlissingen in the Netherlands…
Helix Energy Solutions Group, Inc. announced on Monday that it entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil…
French supermajor TotalEnergies has approved the final investment decision (FID) for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.Through its Total Austral affiliate, TotalEnergies operates the project with a 37…
Brazilian oil company Petrobras' Chief Executive Caio Paes de Andrade has been diagnosed with cancer, local media reported.The executive has started treatment to fight a head and neck carcinoma, according to the reports, citing a Petrobras internal statement…
Bursa Malaysia-listed firm Ranhill Utilities said Wednesday that its affiliate firm Perunding Ranhill Worley had won a contract with the Thai oil firm PTTEP to provide front-end engineering and design (FEED) services for offshore facilities for SK410B Lang Lebah development project…
Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…
Edward Heerema, founder and president of the offshore installation services firm Allseas, has decided to step aside after nearly forty years at the helm. His eldest son Pieter will assume the role of president of the Allseas Group. According to Allseas…
Offshore drilling firm Stena Drilling has secured a drilling contract with China's CNOOC for its drillship Stena IceMax in Gabon.The contract is with CNOOC's subsidiary CNOOC Africa Holding Ltd. (CNOOC).According to Stena Drilling, the two-well program is scheduled for Q1 2023…
U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with how to power their development with clean energy.'We are not saying no gas…
TotalEnergies 11B/12B offshore gas field could make a direct annual contribution of at least 8 billion rand ($457 million) to South African government finances, the country's petroleum regulator said on Thursday.'That is not just the overall…
Renewable energy firm RWE and Latvia state-owned electric utility company Latvenergo have partnered up to develop, construct and operate offshore wind projects off the Latvian coast. 'The equal partnership represents a strong combination of experience and expertise in offshore wind development…