Abu Dhabi National Oil Company (ADNOC) announced on Wednesday a $127 billion capital spending plan for 2022-2026, as it reported an increase in the United Arab Emirates' (UAE) oil and natural gas reserves.The state-owned company said national…
Thor Wind Farm I/S, a consortium RWE AG, RWE Renewables GmbH, RWE Renewables Management UK Limited, has won the concession to build Thor offshore wind farm in Denmark, after Denmark held a lottery to decide the winner on Dec. 1.Thor offshore…
Africa-focused oil and gas company Chariot has informed that the Stena Don semi-submersible drilling rig has started its mobilization to Morocco.The drilling rig was recently used by the UK-focused oil company Tailwind to drill the Evelyn field development well…
Swedish oil company Lundin Energy has awarded a one-well contract to Odfjell Drilling for the use of the Deepsea Stavanger drilling rig off Norway.The rig owner said Wednesday that the well had been exercised as part of the options agreed in…
Dutch offshore crane maker Huisman has secured a contract from China's COSCO Shipping (Qidong) Offshore Co., Ltd. to design and build two >2,000mt Leg Encircling Cranes (LEC) for Cadeler's recently ordered two new build X-class vessels.The identical…
China's State Power Investment Corp (SPIC), the country's top green power operator, connected two newly built offshore wind farms off south China's Guangdong province to the state grid on Tuesday, the company said on its official Wechat account…
Offshore drilling company Maersk Drilling and oil firm Petrogas North Sea have exercised the previously agreed exclusive option to employ the harsh-environment jack-up rig Maersk Resilient to drill an appraisal well at the Birgitta field in the UK sector of the North Sea…
TotalEnergies has spudded the Venus-1X offshore exploration well in Namibia's Block 2913B (PEL 56). The well, seen as potentially transformational for the Namibian oil industry, is being drilled in 3,000 meters water depth.The news of the drilling…
Swedish oil and gas company Lundin Energy is considering a potential sale, Bloomberg News reported on Monday, citing unnamed sources.Lundin, which has a market value of about $10 billion, is studying strategic alternatives that could also include a merger or asset disposals…
Australian oil and gas company Carnarvon Energy, which earlier this month changed its name from Carnarvon Petroleum, is set to receive the Valaris JU-107 jack-up drilling rig 'within the next two weeks' and start drilling at the Buffalo-10 well-site…
Energy industry consultancy and provider DNV is working with Wintershall Noordzee and the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines in the southern North Sea can be used for future carbon dioxide (CO2) transport…
The oil and gas industry risks a huge workforce shortage as more than half of workers in the sector seek to move into the renewable energy industry, a survey published on Tuesday showed.The survey conducted as part of a report by recruitment firm Brunel and Oilandgasjobsearch…
Exports of Norway's major crude stream Johan Sverdrup will drop sharply in January to 471,000 barrels per day (bpd) compared with 536,000 bpd in December, a loading program showed on Tuesday.The program is the smallest since July this year.…
Singapore's Keppel Offshore & Marine has signed a framework agreement with offshore wind industry giant Ørsted for future offshore substation (OSS) projects.'The agreement is part of a strategic initiative to strengthen the long-term partnership…
Marine-i said Tuesday it was providing support to the offshore specialist Reflex Marine, which is developing a new system for anchoring floating offshore wind (FLOW) installations called the JAVELIN.Part-funded by the European Regional Development Fund…