Oil major Shell has this week announced 'a material' discovery at the Blacktip North prospect in the U.S. Gulf of Mexico, ~220 miles SSE of Houston. Blacktip North is located in OCS block Alaminos Canyon (AC) 336, approximately 4.5 miles northeast of the recently appraised Blacktip discovery…
Oilfield services giant TechnipFMC has signed three flexible pipe frame agreements with Brazil's Petrobras.'Altogether, the frame agreements form a large contract for TechnipFMC,' the company said. For TechnipFMC, a “large” contract is between $500 million and $1 billion…
Norwegian low-carbon tech firm Horisont Energi has entered a collaboration agreement with oil firms Equinor ASA and Vår Energi to develop the carbon transportation and storage project Polaris, off the coast of Northern Norway. As part of the agreement…
Oil major Chevron and the government of Equatorial Guinea have signed a production-sharing agreement for an offshore block in the Douala Basin, oil minister Gabriel Mbaga Obiang Lima said on Thursday.The agreement grants Chevron 80% ownership over block EG-09…
Brazil's energy policy council CNPE authorized oil regulator ANP to put 11 pre-salt blocks in the Campos and Santos basins up for sale permanently, with a total signing fee estimated at 1.3 billion reais ($233 million), the government said on Thursday…
The first offshore wind turbine has been installed at Seagreen, an SSE-TotalEnergies project which will become Scotland’s largest and the world’s deepest fixed bottom offshore wind farm once complete.The installation of the first Vestas V164-10…
French oil major TotalEnergies has completed the sale of the Cap Lopez Terminal and non-operated offshore field in Gabon to Perenco.'After receiving the approval of Gabonese authorities, TotalEnergies announces the closing of its agreement…
The Norwegian offshore oil and gas safety regulator PSA Norway has granted Lundin Energy Norway consent to drill an exploration well in block 6306/9 in the Norwegian sea.Lundin Energy will use Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig for the operation…
Uncrewed surface vessel specialist SEA-KIT International has announced plans to build another of its X-class, 12m USVs as a fleet vessel for launch in 2022. This build, the sixth X-class to be constructed at the company’s Essex base, will pave…
NEO Energy has completed the previously announced acquisition of a portfolio of non-operated oil and gas assets in the UK Central and Northern North Sea from ExxonMobil. The company made the announcement on Wednesday.North Sea-focused oil company…
Norwegian firm Aker Solutions has won a contract with Equinor to deliver engineering, procurement, and construction (EPC) of a subsea compression module to be installed subsea at the Åsgard gas field, offshore Norway. The scope covers EPC of…
Danish engineering firm R&D Test Systems has said it has designed and delivered the world’s largest, most powerful highly accelerated lifetime testing (HALT) test bench for wind turbine nacelles at the Danish test center Lindø Offshore Renewables Centre (LORC)…
Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects its hydrocarbon production to exceed 100 million tonnes of oil equivalent this year, reaching a record high, it said on Thursday.Gazprom Neft had aimed to reach the 100 million…
Climate activists, including a former oil refinery worker, accused the UK government in the high court on Wednesday of illegally subsidizing fossil fuel producers through tax incentives which undermine its climate goals.Climate activists are…
Polish oil firm PGNiG has drilled a dry well in the production licence 937, in the Norwegian Sea.The well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - was drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…