Denmark will launch offshore wind tenders with a capacity of three gigawatt (GW), enough to power three million homes, its energy ministry said on Monday, offering subsidies to developers of up to 55.2 billion Danish crowns ($8.32 billion).The…
Guyana's parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels.The bill, which passed with a majority of votes cast in a simple voice vote, is expected to soon be signed into law by President Irfaan Ali…
The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organizations to work together to realize the energy and carbon storage potential of the North Sea.The SoI,…
Indonesian energy company Medco Energi Internasional on Friday started production at its Forel and Terubuk fields in the Natuna Sea, officials said.The two fields are part of the South Natuna Sea Block B and will increase its production by 20…
STATS Group, a wholly owned subsidiary of Mitsui & Co, has developed mechanical pipe connectors, aimed at addressing increased demand in the Norwegian oil and gas sector.Titanium is better suited to high-stress corrosive environments found in…
Dutch oil and gas services firm SBM Offshore reported a 27% rise in its first-quarter revenue on Thursday, boosted by strong performance across all its segments, particularly in its turnkey unit.The Amsterdam-listed firm, which provides floating production services to the offshore energy industry…
Global energy technology company SLB has launched Electris - a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.Electris completions…
Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) to redevelop the Wassana oil field in the Gulf of Thailand, committing $120 million to replace aging infrastructure and boost production.The redevelopment plan for the field…
Eni has started gas production from the Merakes East field in the Kutei Basin offshore Indonesia, the Italian energy group said on Tuesday in a statement.The field is part of the East Sepinggan block, where Eni holds an 85% operating stake,…
Namibia expects French oil major TotalEnergies to take a final investment decision (FID) on its Venus discovery in the African country in the fourth quarter of 2026, the country's petroleum commissioner said on Tuesday.Maggy Shino said at a…
One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a field offshore Angola…
China Offshore Oil Engineering Co. (COOEC) has announced that the deepwater pipe-laying crane ship 'Offshore Oil 201' has set sail from Guangdong headed for an offshore pipeline operation site in the Middle East.This is the first time the ship has entered the international market…