Carbon Catalyst Limited (CCL) said Friday it had reached an agreement with Summit Energy Evolution Limited (SEEL), a subsidiary of Sumitomo Corporation, to farm out a 10% working interest in the Orion carbon storage license located in the Southern North Sea sector of the UK Continental Shelf…
Oil and gas company NEO Energy said Friday it had agreed to buy Dana Petroleum's full equity in the Western Isles FPSO in the UK. NEO Energy plans to redeploy the FPSO at the Buchan field redevelopment in the UK North Sea.The transaction is subject to the satisfaction of certain conditions…
Ghana plans to introduce a more flexible oil royalties regime as soon as next year to spur investment and reduce risk for energy companies, the head of the state oil sector regulator said on Thursday.Egbert Faibille Jr, CEO of Ghana's Petroleum Commission…
Venezuela's state-run oil company PDVSA is offering to sell up to 1 million barrels of Corocoro crude through an intermediary, sources said on Wednesday, which could become the first sale of that grade in two years.Since Washington temporarily eased oil sanctions on the country last month…
Corvus Energy, a Norway-based provider of battery energy storage solutions and fuel cell systems for the marine sector, has been awarded a Type Approval from DNV for its Cyber Security Notation on the Control and Monitoring System of Corvus Energy's Orca Energy Storage System (ESS)…
Danish offshore energy industry service provider Semco Maritime has been awarded a balance-of-plant service contract covering operations andmaintenance on the offshore wind farm Butendiek located in the North Sea around 32 kilometers from the Island of Sylt near the German-Danish border…
Norwegian offshore drilling firm Odfjell Drilling said Thursday that Equinor had exercised options for seven wells to extend the use of its Deepsea Aberdeen offshore drilling rig on the Breidablikk field in the North Sea, offshore Norway.The…
Seven groups of energy companies have sought pre-qualification for Norway's first commercial offshore wind farm tender, the government said on Wednesday, while several others dropped out of the race as soaring costs dampened interest.The tender…
The Chief Executive of French energy giant TotalEnergies TTEF.PA said on Tuesday that the liquefied natural gas (LNG) market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.'Prices are volatile…
Danish offshore wind installation services company Cadeler said Monday it had entered into an unsecured green loan facility with HSBC. The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class…
Norway-based Aker Solutions said Tuesday it had won a sizeable contract from Vattenfall for the Norfolk Vanguard East Offshore Wind Farm off the coast of Norfolk, UK.Aker Solutions defines a sizeable contract as being between NOK 0.5 billion and NOK 1…
Norwegian offshore vessel owner DOF Group has secured a long-term charter for one of its construction vessels and has agreed to add another construction vessel to its fleet via a two-year charter.First, DOF said that it had secured a charter…
KOTUG said Tuesday it had, via its Guyanese subsidiary KOTUG Guyana strengthened its position in Guyana with the arrival of three additional Offshore Terminal Tugs to support ExxonMobil Guyana’s offshore operations.With the arrival of KOTUG-owned ‘SD Grace’…
Harlyn Solutions said Tuesday it had completed the first phase of the offshore substation transport for the Moray West Wind Farm, with the two substations now in the Cromarty Firth awaiting their installation at the offshore wind farm.Harlyn Solutions…
Danish offshore wind installation services firm Cadeler said Monday evening it had received notice of termination of the Aflandshage offshore wind project in Øresund, Denmark, which in turn led to the cancellation of its turbine installation contract…