Indonesia will launch a second auction of oil and gas blocks this year as it seeks to cash in on high energy prices and boost output after decades of decline due to a lack of exploration and investment, officials said on Wednesday.Southeast…
The first of two subsea compression stations built for Shell's Ormen Lange offshore field has arrived at Horsøy, OneSubsea’s Centre of Excellence, outside of Bergen.This is according to Mads Hjelmeland – Managing Director, OneSubsea Processing…
Infinity Fuel Cell and Hydrogen said Wednesday it was actively exploring new markets for its air-independent non-flow-through hydrogen fuel cells in the unmanned underwater vehicle (UUV) market.'Infinity has been developing technology for this market with funding from the U…
Canadian province Nova Scotia has set a target to offer leases for five gigawatts of offshore wind energy by 2030.“Setting this target sends a clear signal to the world that Nova Scotia is open for business and becoming an international leader in offshore wind and green hydrogen development…
Germany confirmed the nationalization of struggling gas importer Uniper at a cost of 8 billion euros ($7.9 billion) on Wednesday as it scrambles to secure power for Europe's largest economy after Russia cut back supplies.Nationalizing Germany's…
Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in what Santos called a 'disappointing' setback for the $3.6 billion project.Traditional…
Norway's crude oil output in August missed the official forecast, while gas output exceeded expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.Crude oil output rose to 1.77 million barrels per day (bpd) in August from 1…
Offshore drilling contractor Odfjell Drilling has signed a contract with Shell in Norway for the use of the offshore drilling rig Deepsea Yantai.The 2019-built rig is owned by China's CIMC and managed by Odfjell Drilling.The contract, announced Tuesday…
The UK-based National Oceanography Centre (NOC) has started conducting research with the robot submarine ‘Boaty McBoatface’ on end-of-life oil fields off the coast of the Shetland Islands to help monitor and protect the marine environment in…
UK-based Certex UK said Monday it had secured a major framework to supply statutory inspection and maintenance of Balance of Plant (BoP) equipment at the 114-turbine, 1,075MW Seagreen Offshore Wind Farm, located off the coast of Angus in the North Sea firth…
Mubadala Energy on Tuesday confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas…
Dutch firm Damen Shipyards said Tuesday it was working to develop a new class of vessel that will be capable of supporting the growing floating wind industry.Damen has cited forecasts which indicate that by 2050 over 200GW or around 13,500 units…
Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…
Exxon Mobil Corp is uncertain whether it will bid for new offshore areas Guyana wants to explore, a person close to the matter said, as the oil major ramps up production faster than expected and the South American country wrestles with fixing terms of new oil leases…
An innovative wind turbine installation vessel (WTIV) design from Houston-based naval architecture and marine engineering firm Friede & Goldman (F&G) has earned approval in principle from classification society DNV.The review and AIP confirms…