Empyrean Energy has started drilling at the high-impact Jade prospect at its 100% owned Block 29/11 permit, offshore China.Using the COSL NH-9 semi-submersible drilling rig, the LH 17-2-1 well spudded on Jade prospect at 19:30 on 10 April 2022…
Lamprell, a UAE-based company specializing in the construction of offshore energy facilities, has signed an agreement with NOV, to support its delivery of three 1 gigawatt (GW) offshore floating wind farms for Cerulean Winds, the UK-based floating…
Chinese oil giant CNOOC Ltd said on Monday it will raise 28.08 billion yuan ($4.41 billion) in a share listing in Shanghai, after setting the price for what will be mainland China's 11th-biggest public stock offering.Fundraising will be expanded to 32…
Danish offshore drilling contractor Maersk Drilling has won plug and abandonment contracts for its harsh environment jack-up rig Maersk Resolute in the Dutch sector in the North Sea.The contracts are for the plugging and abandonment of 31 wells…
Sif, a Dutch manufacturer of monopiles and transition pieces (TP) for offshore wind turbines, has signed an agreement with Pict Offshore to integrate their Get Up Safe (GUS) motion-compensated lifting system, as standard, into Sif's Skybox TP-less monopile foundation…
Norway on Friday announced a new area for CO2 storage in the North Sea, due to growing interest from the industry.'Several companies expressed interest for licenses under the carbon storage regulations, and new store locations are vital. Carbon…
An offshore wind turbine rotor with three blades detached from its nacelle and fell into the sea earlier this week at Ørsted's Anholt offshore wind farm in Denmark, spurring an investigation by the wind turbine maker Siemens Gamesa and wind farm developer Ørsted…
Offshore accommodation rig provider Prosafe has won a bidding process for a four-year contract with Petrobras for the supply of a semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe, which plans to deploy the Safe Notos semi-submersible floated for the contract…
Danish energy group Ørsted on Friday reiterated that it has no intention of paying Russia's state-controlled gas company Gazprom in roubles and said the decision was not politically motivated.Russian President Vladimir Putin has demanded foreign…
Green hydrogen production firm Lhyfe and wind farm developer wpd Offshore AB have agreed to establish and directly connect a facility for green hydrogen production to wpd's planned offshore wind farm, Storgrundet, in Sweden's Söderhamn. 'The goal is to achieve a total installed capacity of 600 MW…
COSL-owned NH9 semi-submersible rig has arrived on location at the Empyrean's Jade prospect offshore China, in preparation for the long-awaited drilling start.The drilling operation will target what Empyrean says is 'a world-class' conventional oil target in the Jade Prospect…
Australian oil and gas company Santos has started drilling at the Apus-1 well offshore W. Australia, using the Noble Tom Prosser jack-up drilling rig.The rig recently moved to the Apus-1 well site from the Pavo-1 well where Santos, and its partner Carnarvon…
Israeli energy conglomerate Delek Group said on Thursday its North Sea subsidiary Ithaca has acquired private equity-backed Siccar Point Energy for $1.1 billion [plus contingent payments totaling a maximum of USD 360 million].The acquisition…
The Canadian government on Wednesday approved a $12 billion offshore oil project proposed by Norway's Equinor, after an environmental assessment concluded it would not cause significant adverse effects.The Bay du Nord project would involve building…
Brazil's government on Wednesday tapped Jose Mauro Coelho, a high-ranking technocrat with expertise in the nation's oil and gas sector, as the next chief executive of state-run oil company Petrobras.The appointment comes amid a hectic several days for Petroleo Brasileiro SA…