Equinor and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters.The firms want to boost future production from the Bacalhau oil field, Equinor's largest…
Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Monday.Woodside shareholders are set…
An investigation by the Norwegian offshore oil and gas industry safety regulator into an incident involving the discovery of cracks in the outer shell of second-stage gas coolers on Equinor's Troll C offshore platform in Norway in October 2021…
U.S. oilfield services company Weatherford International announced Monday that H. Keith Jennings, Executive Vice President and Chief Financial Officer, would leave the company on July 31, 2022. '[Jennings'] leaving the company is not the result…
Offshore drilling company Vantage Drilling International reported a net loss attributable to controlling interest of about $14.9 million in the first quarter of 2022.For comparison, in the first quarter of last year, Vantage Drilling's net loss attributable to controlling interest was $36…
Offshore accommodation company CBED has won a contract for its Wind Innovation vessel on the DanTysk and Sandbank offshore wind farms in the German North Sea.'With the operations and maintenance service contract with DanTysk Sandbank Offshore Wind GmbH & Co…
Norway's HydraWell and UK-based READ have agreed to merge to create a well integrity specialist focused on late-life oilfield activities, including permanent plugging and abandonment of hydrocarbon wells.According to a statement issued Monday…
Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace the Russian supply.The country is on track in the next few years to double production to about…
Shell’s revised plan for the development of the Jackdaw offshore gas field in the UK North Sea expected to be approved soon, according to a report by The Sunday Times.The Jackdaw is an ultra-high pressure/high-temperature gas condensate field in the Central North Sea…
Norway's Hammerfest LNG plant is now expected to restart on May 23, six days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco and operator Equinor said on Monday.'During the weekend…
German renewable energy company RWE said Monday it was taking part in the Dutch offshore wind tender for Hollandse Kust West (HKW).The news comes after the likes of BP, TotalEnergies, Orsted, Shell, and Eneco, announced their participation in the offshore wind tender…
Brazilian oil company Petrobras has decided not to sell its deepwater assets in the Sergipe-Alagoas Basin offshore Brazil, originally put up for sale in 2018.The company said Saturday it had decided to conclude the competitive process, which was in the binding phase…
Saudi state-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, helped by strong oil prices.Aramco, which is at par with Apple Inc as the world's most valuable company…
Cory, a UK-based waste management and recycling company, might soon ship carbon dioxide from its 'energy from waste operation' on the River Thames in London to Norway's Northern Lights subsea carbon storage facilities.Cory and Northern Lights…
Offshore wind turbine maker Siemens Gamesa Renewable Energy has hired Seajacks' offshore installation vessel Seajacks Zaratan for work offshore Taiwan.Seajacks Zaratan features 800t crane and 2,000m² deck space and is used for offshore wind farm construction and substation commissioning…