Shares in European-listed companies with major business exposure to Israel fell on Monday on concerns over the potential for their operations there to be affected by a possible escalation of the conflict in the Middle East.Energean fell as much as 16…
Dutch and British wholesale gas prices rose on Monday morning as workers at Chevron liquefied natural gas (LNG) facilities voted to restart strikes, expectations of colder weather, and amid fears of tension in the Middle East region.The Dutch November contract rose by 3…
Preparations were underway to inspect a subsea gas pipeline connecting Finland and Estonia after a sudden drop in pressure was detected, Finnish gas system operator Gasgrid said on Monday.The Balticconnector link was shut early on Sunday on…
Repairing a subsea gas pipeline connecting Finland and Estonia that was shut on Sunday due to a suspected leak could take months or more if a puncture is confirmed, Finnish gas system operator Gasgrid said.The Balticconnector pipeline suffered a sharp drop in pressure…
The United Arab Emirates is refashioning the state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximize earnings for the Gulf state…
Danish offshore wind turbine maker Vestas has recently secured a 960 MW firm order for its flagship offshore wind turbine, V236-15.0 MW.The order includes 64 V236-15.0 MW wind turbines for the He Dreiht project located in the German waters of the North Sea…
Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia's Gazprom will be producing gas, according to a draft government document seen by Reuters.The new timeline casts fresh doubts…
Macquarie is considering selling its 25% stake in Race Bank, a 573-megawatt offshore wind farm located off Britain's Norfolk coast, according to two sources with knowledge of the matter.The infrastructure group is working with advisors on the sale…
Norwegian offshore vessel owner DOF has chartered the Stril Explorer vessel from Simon Møkster Shipping. The charter is a bareboat with a firm duration of 3 years plus 4 annual options. Financial details were not disclosed.'The vessel will be utilized on the recently awarded PIDF project…
Oilfield services company TechnipFMC has recently secured a contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil.TechnipFMC said the contract was a significant one, which for TechnipFMC means it is worth between $75 million and $250 million…
U.S. Deputy Interior Secretary Tommy Beaudreau is stepping down from his role at the end of October, the Interior Department said in a statement on Wednesday, without giving a reason for his departure or saying how the vacancy would be filled…
Norwegian partners are planning to build a series of zero-emissions platform supply vessels (PSV) equipped with Amogy's ammonia-to-power technology.Green Ships AS, a consultancy specialized in the design and construction of environmentally friendly vessels…
Workers at Chevron's two liquefied natural gas (LNG) facilities in Western Australia voted to restart strikes on Friday, endorsing a similar move by colleagues at a meeting less than 24 hours earlier.Night-shift workers at Chevron's Gorgon and…
Petrolia Noco has signed an agreement with Vår Energi ASA to acquire Vår Energi’s 12.2575% participating interest in the Brage field offshore Norway with an effective date of January 1, 2023.Net production (12.2575% WI) from the Brage field in the first half of 2023 was 1…
The Biden administration on Thursday said it would hold an auction of oil and gas leases in the Gulf of Mexico on Nov. 8 following a court order to expand the sale.In a statement, the U.S. Bureau of Ocean Energy Management said the sale would offer about 72…