Spanish renewable energy company Iberdrola said this week it was making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States, with the receipt of the first shipment of components…
Baron Oil's subsidiary SundaGas, which operates the Chuditch PSC, offshore Democratic Republic of Timor-Leste, has been granted a further six-month extension to Contract Year Two of the PSC by the relevant Timor-Leste national authority, Autoridade Nacional do Petróleo e Minerais ('ANPM')…
Canada's second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year, aiming to reduce costs and improve its financial performance, the Globe and Mail reported on Thursday, citing details from the Canadian Press…
Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said on Thursday.The United States…
Norwegian offshore engineering and construction firm Aker Solutions and its compatriot oil and gas company Aker BP have agreed to extend a frame agreement for the provision of Subsea Production Systems until December 31, 2028. The original agreement…
Norway's Equinor plans to restart production at its Arctic liquefied natural gas (LNG) plant in Hammerfest on June 8 after it was shut down on May 31 due to a gas leak, the company said in a market message on Thursday. The facility will be unavailable until 2100 GMT on June 8…
Norwegian oil and gas company Equinor has drilled a dry well in the production license 923, in the North Sea, offshore Norway.The information was shared by the Norwegian Petoleum Directorate on Thursday.According to the NPD, the wildcat well 31/2-23 S (prospect name Eggen)…
QatarEnergy’s LNG trading arm, QatarEnergy Trading, has signed a long-term LNG Sale and Purchase Agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) to supply about 1.8 million tons per annum (MTPA) of LNG to Bangladesh for 15 years…
Grand Isle LNG is proposing to build an LNG export facility, thirteen miles south of Grand Isle, Louisiana, in Plaquemines Parish, promising significant economic benefits to the region.The proposed deepwater port is a platform-based modular design…
Germany and Denmark have signed an agreement to connect at least 3 gigawatts of wind energy generation capacity on the Danish island of Bornholm to the mainland by the beginning of the 2030s, the German economy ministry said on Thursday. 'The…
Malaysian offshore drilling firm Velesto Drilling has received the Letter of Award from Vestigo Petroleum for the provision of jack-up drilling rig.The contract is for Velesto's jack-up drilling rig NAGA 2, with an estimated contract value of $10…
U.S.-based offshore service firm Helix Energy Solutions has secured a 39-well decommissioning contract in the U.S. Gulf of Mexico shelf with an unnamed client. The project, awarded to Helix's Louisiana-based subsidiary Helix Alliance, is expected to start in mid-2023…
Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade…
Valeura Energy said Thursday it had signed two key contracts relating to its Jasmine oil field offshore Thailand.Namely, Valeura’s charter of the field’s FPF-003 floating production storage and offloading vessel (“FPSO”), and a contract for…
Prysmian Group Finland Oy has selected YIT as its implementation phase partner for the construction of the Prysmian cable tower in Kirkkonummi municipality in southern Finland. The implementation phase will continue the cooperation from the development phase…