Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday…
Oil and gas company BP has chartered Prosafe's offshore accommodation rig Safe Zephyrus for work in the UK North Sea.The Safe Zephyrus, with beds for 450 persons, in single man cabins, will provide gangway-connected operations to support Neptune…
Shell has completed the geophysical site survey over the planned Pensacola exploration well location on Licence P2252 in the Southern North Sea, off the UK, Shell's partner Deltic Energy said Monday.The survey was conducted by Fugro. Data collection…
Jack-up drilling rig contractor Shelf Drilling has secured a three-year drilling contract with India's ONGC for the Parameswara jack-up rig.The contract is for operation in the Mumbai High area, offshore India's west coast. The planned start-up of operations is Q1 2022…
Germany-based food retailer REWE has signed a 10-year power purchase agreement with Ørsted to procure 100 MW of electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025.The deal marks REWE Group’s…
U.S. energy firms this week added oil and natural gas rigs for a second week in a row although the number of offshore units in the Gulf of Mexico remained unchanged after Hurricane Ida slammed into the coast over two weeks ago.Fourteen offshore…
Offshore seismic data company ION Geophysical has this week said its Board of Directors has started a process to evaluate a range of strategic alternatives to strengthen its financial position and maximize stakeholder value 'as the company continues…
RWE Renewables has pre-qualified as a bidder for the upcoming French tender for a commercial floating offshore wind project off the coast of South Brittany with a capacity of up to 270 megawatts (MW). RWE said Thursday it was looking forward…
Malaysian offshore drilling contractor Velesto has confirmed that the $8 million contract with ConocoPhillips for its Naga 7 jack-up rig that sank off Malaysia in May is now officially terminated.Naga 7 sank on May 3, while gearing up to start drilling for ConocoPhillips off Malaysia…
Norwegian oil and gas company Aker BP has received approval from the Norwegian Petroleum Directorate to drill offshore wells 7/11-14 S and A, in the North Sea, off Norway.Aker BP will use Maersk Drilling's Maersk Integrator jack-up drilling…
Offshore wind developer Parkwind has selected the Port of Mukran as a service base that will serve its Arcadis Ost I wind farm, in the Baltic Sea, offshore Germany.Earlier this week, Parkwind, wind turbine maker Vestas, and construction firm…
A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, as Moscow awaits for regulatory clearance for gas flows to begin…
Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.The…
UK-based renewable energy firm SSE Renewables has decided to merge two proposed offshore wind farms in Scotland into one 'super project development.'Berwick Bank and Marr Bank offshore wind farms, off the east coast of Scotland, have been brought…
Renewable energy firm RWE has informed that Triton Knoll offshore wind farm in the UK has installed its final turbine.The last of the Vestas 9.5 megawatts (MW) turbines was erected early on Friday at what is the most powerful offshore wind farm being constructed by RWE…