Oil and gas firm TotalEnergies E&P UK, subsidiary of the French energy giant TotalEnergies, has chartered Prosafe's Safe Caledonia offshore accommodation rig for work in the UK North Sea.Under the 270-day contract, the Safe Caledonia will provide…
Schlumberger NV reported a rise in third-quarter adjusted income on Friday, buoyed by higher demand for the company's oilfield services and related equipment from producers looking to capitalize on a rebound in crude prices.Global crude prices rose 4…
Offshore wind farm development giant Ørsted has completed the installation of the Hornsea Two wind farm offshore substation and all 165 wind turbine foundations in the North Sea, 89 km off the Yorkshire coast. Dutch offshore installation contractor…
East Timor wants to press ahead with plans for a carbon capture and storage (CCS) project in a depleted oil and gas field off its coast as it races to fill a multi-billion dollar revenue hole starting in late 2023 when the field dries up.The…
Australian offshore vessel operator MMA Offshore has secured a contract with Oil Search Limited in Papua New Guinea.The contract is for the provision of diving inspection services. 'The works will leverage the successful working relationship between MMA and Oil Search…
The U.S. mediator for indirect talks on border demarcation between Lebanon and Israel said on Thursday that the negotiations he was hoping to revive should be concluded in a short period if they were to succeed.Amos Hochstein, speaking to Al Hadath TV during a visit to Beirut…
France-based offshore cable manufacturer and installation contractor Nexans is set to officially open its transformed high voltage subsea cable plant in Charleston, South Carolina on November 9. 'It will support the rapidly expanding US offshore wind market…
Oil producer Guyana could resume talks with India for a deal to sell the government's share of crude as output rises next year, the South American nation's vice president told Reuters.Earlier this year, Indian refiners bought at least two test cargoes of Guyana's Liza light sweet crude…
Oil and gas company Wellesley Petroleum has received regulatory approval from Norwegian Petroleum Directorate to drill an exploration well in the North Sea, off Norway.The well, formally named well 36/1-4 S, will be drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…
Offshore installation company Jan De Nul has completed a cable reburial project at Eneco’s Luchterduinen wind farm in the Dutch North Sea.The wind farm, located 23 kilometers off the coast of Noordwijk and Zandvoort, has been operational since 2015…
Britain received more than 74 billion pounds ($102 billion) in demand for its second green government bond, a month after its first green gilt drew a record 100 billion pounds in demand from investors.Proceeds from the sales - which only make…
Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the rally is looking overstretched.Helping to drive the latest gain, a supply report from the U…
Oil and gas company Neptune Energy on Thursday endorsed the World Bank’s Zero Routine Flaring by 2030 initiative.The initiative brings together governments, companies, and development institutions to eliminate routine gas flaring in oil production no later than 2030…
GMS, a provider of self‐propelled, self‐elevating support vessels for the offshore energy industries has secured a 12-month or an E Class vessel with an unamed engineering, procurement and construction cliane in the MENA region.The contract is due to start at the end of December 2021…
Woodside Petroleum slashed its gas reserves estimate for two fields at the Wheatstone project on Thursday, in an unexpected downgrade that knocked the top Australian oil and gas company's shares.The company also said it was on track to sell…