BP and Abu Dhabi National Oil Co's (ADNOC) $2 billion bid to acquire a 50% stake in Israeli gas producer NewMed Energy remains on track, a BP executive has told investors.BP remained 'very optimistic' about the deal despite the escalation of…
Namibia expects the first oil from major offshore finds by 2030 and is considering a Floating Production Storage and Offloading (FPSO) platform to help it export the crude oil, its petroleum commissioner said on Wednesday.Namibia, which has yet to produce any oil and gas…
Malaysian oil and gas company Hibiscus Petroleum has received UK regulator approval to acquire a stake in a UK North Sea license from Rapid Oil, as proposed in late August 2023.Hibiscus Petroleum's subsidiary Anasuria Hibiscus, and Ping Petroleum on August 30…
The Copenhagen Infrastructure Partners-led Pentland Floating Offshore Wind Farm project in Scotland has submitted an application to vary its Section 36 consent and associated marine licenses as a result of further survey work and advancements in project design…
Norwegian oil and gas company Vår Energi has contracted technology supplier Vissim to implement upgraded oil spill detection technology at its offshore installations in Norway.Vissim will provide a new and upgraded oil spill detection solution…
Dutch firm SBM Offshore said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following…
Survivors and relatives of victims of a 2021 insurgent attack in Mozambique have filed a complaint against TotalEnergies for negligence and indirect manslaughter, saying the company had failed to ensure the safety of subcontractors.TotalEnergies rejected the allegations…
A gas pipeline and a data cable connecting Finland and Estonia under the Baltic Sea sustained damaged on Sunday due to 'outside activity' according to Helsinki, stoking concern over the security of energy supply in the region.Finland's neighbor Norway is Europe's largest gas exporter…
The Baltic Power offshore wind farm project, a joint venture of ORLEN Group and Northland Power Inc., has awarded the EPCI contract for the two offshore substations for the Baltic Power Project to a consortium consisting of Bladt Industries…
Angola's largest private oil and gas company Azule Energy plans to raise production by around 14% to 250,000 barrels per day (bpd) by 2026, its CEO said on Thursday, in a boost to the country's plans to turn around flagging output.Azule Energy…
Norwegian Offshore Wind, a Norway-based representative offshore wind body, has signed two agreements in the Polish offshore wind market.At Baltexpo event, the Polish Offshore Wind Energy Society (PTMEW) signed a collaboration agreement with Norwegian Offshore Wind…
North Star, a UK-based offshore vessel owner, with a growing fleet of offshore wind support vessels, has hired sustainable shipping specialist Dr Tamara Topić to lead on the implementation of its environmental, social, and corporate governance (ESG) strategy…
Offshore installation firm Jan De Nul Group has, in partnership with cable maker Hellenic Cables, won a contract to design, manufacture, transport, and install a package of four 220 kV HVAC export cables to connect the Polish offshore wind farms Baltyk II and Baltyk III to shore…
Norway and Lithuania tightened security at onshore energy installations, following Sunday's gas pipeline gas leak in the Baltic Sea, while Finland recommended energy operators to be more aware of security.On Tuesday, Helsinki said damage caused…
Japan's Marubeni Corp has pledged to invest 10 billion pounds ($12.3 billion) with partners over the next decade in clean energy in the United Kingdom, according to a memorandum of understanding (MoU) signed on Wednesday. Marubeni and the UK government signed the MoU…