Just a few days after South Korea's shipbuilder Samsung Heavy Industries said it had found a potential buyer for a drillship originally ordered in 2014, without revealing the buyer's name, drilling firm Stena Drilling confirmed the deal on Tuesday…
Romanian OMV Petrom could postpone a final investment decision over its Black Sea deep water gas project until 2023 if lawmakers do not amend an offshore law by the end of this year as agreed, its chief executive said on Wednesday.OMV Petrom…
Believe it or not, the UK’s oil and gas industry is the nation’s best bet for building a green and low-carbon future – and that includes opening new oil fields like Cambo, writes Katy Heidenreich, operations director at Oil & Gas UK (OGUK) which represents the UK offshore industry…
Abu Dhabi National Oil Company (ADNOC) has awarded Technip Energies a contract to update the Front-End Engineering Design (FEED) for the Ghasha mega project including accelerating the integration of carbon capture into the development.This project…
The German government, to be sworn in on Wednesday, has presented plans to step up climate protection efforts entailing far-reaching reforms for the utility sector and across manufacturing industries, buildings, transport, and agriculture.The targets are radical…
Norwegian offshore vessel owner Solstad Offshore has secured long-term contracts with Santos for two of its offshore vessels in Australia.The AHTS Far Senator and PSV Far Seeker have been awarded a contract by Santos in support of its drilling activities…
Marine services and towage firm KOTUG Canada Inc., a partnership between KOTUG International and Canada’s Horizon Maritime Inc., has won a long-term agreement with Trans Mountain, operator of Canada’s only oil pipeline servicing the West Coast…
Australia's Alinta Energy said on Tuesday it is considering building a A$4 billion ($2.8 billion) offshore wind farm to supply Alcoa Inc's (AA.N) Portland aluminum smelter and the country's east coast grid.The project is at a very early stage…
U.S. officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.The White House said…
Reach Subsea has agreed to buy OCTIO AS, a provider of monitoring solutions for oil and gas producing fields and CO2 storage reservoirs, from Equinor Ventures.OCTIO performs the geophysical studies that lead to overall monitoring strategies…
A coming transition from oil and gas to renewables will be 'messy' for many years and lead to sharp energy price volatility as demand and supply clash, top energy executives said on Tuesday.The World Petroleum Congress, a gathering to discuss the future of oil and gas and explore new technologies…
Walt Disney Co on Tuesday named former Pentagon press secretary Geoff Morrell to the newly created position of chief corporate affairs officer, overseeing corporate communications, government relations, and global public policy.Morrell is currently…
Australian wave energy tech firm Carnegie Clean Energy has been selected to receive a contract under the EuropeWave Pre-Commercial Procurement (PCP) program via its subsidiary CETO Wave Energy Ireland Limited.EuropeWave PCP is a competitive…
Finland-based marine technology company Wärtsilä will supply the seven thrusters for Eneti's new Wind Turbine Installation Vessel (WTIV) being built at the Daewoo Shipbuilding & Marine yard in South Korea.'By providing outstanding thrust, robust station-keeping capability…
Norwegian oil and gas firm Equinor has agreed to buy all of Spirit Energy’s production licenses in the Statfjord area which spreads across the Norwegian and UK Continental Shelves.The Statfjord area is developed through three integrated production platforms (Statfjord A…