Energy News


Yinson to Acquire Atlanta FPSO, Activating 15-year Charter with Enauta

Jul 14, 2023

Brazilian oil company Enauta said Friday it had received a letter from the Malaysian FPSO company Yinson, notifying the exercise of an option to acquire FPSO Atlanta, through the purchase of all the shares of AFPS B.V., the platform owner company…

Havila Shipping Secures Bareboat Charter Extension for Offshore Vessel in Brazil

Jul 14, 2023

Norwegian offshore support vessel operator Havila Shipping has secured a bareboat charter extension for its Havila Harmony vessel.Brazil's offshore service firm OceanPact has declared the option for one-year extension of the bareboat agreement on the Havila Harmony…

First Oil Flows from Jubilee South East Project Offshore Ghana

Jul 14, 2023

Oil and gas company Tullow said Friday that production had started from the Jubilee South East (JSE) Project, offshore Ghana.The first JSE production well has been brought onstream and a further two producers and one water injector are expected…

U.S. Probing Exxon Contractor in Guyana for Smuggling Drugs, Gold

Jul 14, 2023

U.S. government officials repeatedly warned Exxon Mobil to avoid doing business with two mining magnates in Guyana, who face a U.S. investigation on suspicions of money laundering, drug trafficking and gold smuggling, according to five people…

How Big Oil Won the Bidding for German Offshore Wind Sites

Jul 14, 2023

Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in Germany worth a record 12.6 billion euros ($14.1 billion), allowing them entry to the central European market without a partnership.Previous auctions have been won by consortia…

World Court Backs Colombia in Maritime Border Dispute with Nicaragua

Jul 14, 2023

The World Court on Thursday rejected a lawsuit by Nicaragua seeking to define and expand its deep sea economic rights beyond those previously established in a long-running maritime border dispute over a trio of Caribbean islands with Colombia…

Rosetti Marino to Build Green Hydrogen Platform for Dutch Offshore Wind Farm

Jul 13, 2023

Dutch offshore wind farm developer CrossWind has awarded Italy-based Rosetti Marino a new engineering, procurement, construction, installation and commissioning (EPCIC) contract for an offshore green hydrogen production and storage pilot plant - called the 'Baseload Power Hub…

Over 75% of Oil and Gas Production in US Gulf of Mexico Has Lower GHG Intensity than Average, Reports S&P Global

Jul 13, 2023

According to a new S&P Global Commodity Insights report, more than three-fourths of all oil and gas production in the United States Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average. GHG intensity from shallow…

SeaRenergy Supports Baltic Eagle Offshore Wind Farm Construction

Jul 13, 2023

Offshore wind service provider SeaRenergy has won a contract with the Spanish renewable energy giant Iberdrola for the Baltic Eagle offshore wind farm in the German Baltic Sea for two different service scopes. While SeaRenergy announced the news Thursday…

Jacktel to Provide Offshore Accommodation Rig for Aker BP's Valhall PWP - Fenris Project

Jul 13, 2023

Jacktel, the owner of offshore accommodation rig Haven, has now formally secured a contract with the Norwegian oil firm Aker BP for the provision of accommodation services to the Valhall PWP - Fenris project.The contract was first announced in December 2022…

Australian Gov't Says Hunter Area Suitable of Offshore Wind Farms

Jul 13, 2023

The Australian Government has declared an area in the Pacific Ocean off the Hunter, New South Wales (NSW) as suitable for future offshore wind development.The announcement follows the declaration of Gippsland off the Victorian coast and will improve energy security…

Iran Says Foreign Ministry will Follow up On Durra Field

Jul 13, 2023

Iran's foreign ministry will follow up on the Durra gas field known as Arash in Iran, the country's Oil Minister Javad Owji said on Wednesday according to semi-official Tasnim news agency.Kuwait and Saudi Arabia have 'exclusive rights' in the Durra gas field in the Gulf…

Ithaca Energy Takes Full Ownership of Fotla Discovery. Adds Three Offshore Blocks to Portfolio

Jul 13, 2023

UK North Sea-focused oil company Ithaca Energy has signed a deal to acquire a 40% stake in the Fotla Discovery it doesn't already own and three offshore exploration licenses from Spirit Energy.'The acquisition, which is subject to the satisfaction…

Biden Admin Urged to Stop 'fast-tracking' Gulf Oil and Gas Reviews

Jul 13, 2023

Six environmental groups on Wednesday asked the Biden administration to end the 'routine fast-tracking' of offshore oil and gas projects in the Gulf of Mexico, which they claim undermines environmental protections and safety.Earthjustice, the Sierra Club…

Woodside Returns Trinidad Offshore Exploration Block Found Uneconomic

Jul 13, 2023

Australia's Woodside Energy Group has returned a deepwater block to the Trinidad and Tobago government after an exploration appraisal found it would be uneconomic to develop, a company spokesperson said on Wednesday.Trinidad and Tobago is pushing…

Current News

BP-Eni JV Azule Inks Deal for Namibia Offshore License

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

BW Offshore Concludes Sale of FPSO Polvo

Subscribe for OE Digital E‑News