India's state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil's national oil company Petrobras PETR4.SA to help it diversify its crude oil sourcing.Indian state refiners rarely buy Brazilian oil. The Memorandum…
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday.Though the initial amount to be delivered is relatively small…
Maersk Drilling has secured a contract extension with Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) for the Maersk Viking drillship in Malaysia. The drillship will also work for PTTEP.Shell's Malaysian subsidiaries have have…
India's Oil and Natural Gas Corp ONGC.NS said on Monday there was no clarity on the resumption of its oil and gas project Sakhalin-1.Production at Sakhalin-1 was 'minimized' shortly after the Ukraine war started and there is no clarity or timeline yet when it could be resumed…
Stephen Chazen, who rose to the top of Occidental Petroleum OXY.N during a lengthy career and after his retirement started and ran a Texas shale-oil producer, has died aged 76 after an illness.Chazen was chief executive and chairman of Houston-based Magnolia Oil and Gas Corp…
The Norwegian arm of Austrian energy and petrochemicals company OMV has confirmed that the Oswig exploration well in the Norwegian North Sea has made a gas-condensate discovery. OMV (Norge), as operator, said that it and its partners had now…
Maersk Drilling has been awarded a contract with INEOS E&P A/S drilling two development wells and intervention work offshore Denmark. The contract is for use of the harsh-environment jack-up rig Maersk Resolve. The two development wells will be drilled at the Solsort field…
TechnipFMC has been awarded a significant engineering, procurement, construction and installation (EPCI) contract by Shell for the Jackdaw development in the UK North Sea.The contract covers pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform…
A rig contract for drilling the OMV-operated Velocette exploration well in the Norwegian Sea has been signed, according to partner in the project North Sea oil and gas company Longboat Energy.The company says that Velocette (PL 1016) will be drilled using the semi-submersible Transocean Norge…
Zenith Energy has made an offer to the Republic of Benin operate Block 1 containing the 'largest and most prospective oilfield in the country'. The shallow water block in the Gulf of Guinea contains the Sèmè oilfield, which was discovered in 1968 and produced for 14 years…
Norwegian energy firm Equinor has extended two contracts for the use of floating accommodation units with Norway-based Floatel International. The contracts are for the Floatel Endurance and the Floatel Superior, both in the Norwegian North Sea…
Floating wind developer Hexicon has appointed China's Mingyang as the preferred wind turbine generator (WTG) supplier for its TwinHub project in the Celtic Sea. Hexicon has also awarded the firm the WTG front end engineering and design (FEED) contract for the project…
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator.The pilot was launched yesterday (September 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot…
Talos Energy Inc said on Thursday it will buy EnVen Energy Corp, a private producer in the deepwater U.S. Gulf of Mexico, in a $1.1 billion deal including debt.The acquisition will add 24,000 barrels of oil equivalent per day of production for…
Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market…