Norway's oil ministry on Monday said it had approved adjusted production permits for six offshore fields but that would not change the expected amount of gas Norway would export in 2022.The Nordic country expects to sell some 122 billion cubic meters of gas this year…
Norwegian oil firm Equinor has exercised further work for Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The Deepsea Stavanger now has six remaining wells to be drilled which are expected to occupy the rig into Q2 2023. Equinor…
Mexican oil and gas company Pemex has signed a letter of intent with the U.S.-based company New Fortress Energy to resume work on a $1.5 billion offshore gas project in Mexico, Pemex Chief Executive Octavio Romero said on Friday.The agreement…
A fire that broke out at Equinor's Mongstad oil refinery on Norway's west coast early on Sunday was now extinguished, the company said, affecting the unit producing gasoline.The fire broke out in a part of the refinery that produces gasoline…
Danish offshore wind turbine manufacturer Vestas is partnering up with Windcat Workboats to launch a pilot program to explore how 'the world’s first' hydrogen-powered crew transfer vessel (CTV) can help reduce carbon emissions from its offshore service operations…
More than two dozen crew on an engineering [reportedly an offshore wind] vessel [Fujing 001] with 30 people on board were missing after it snapped in two in waters off Hong Kong as tropical storm Chaba passed through, authorities said.Three crew members were rescued…
Asia Pacific-focused oil and gas company Jadestone Energy has resumed production from its Montara Venture FPSO in Australia, following a recent halt due to an oil leakdue to a 30 mm tank crack.Jadestone in June said that oil had spilled at Montara field offshore Australia…
Lebanon's Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig , which the Israeli military said it had intercepted. [Reuters illustrated the news with a photo of Stena Drilling's Stena IceMax drillship]…
Ithaca Energy has completed the previously announced acquisition of the UK North Sea focused oil and gas company Siccar Point Energy.The proposed acquisition was first announced in April, when it was said that Ithaca would pay for $1.1 billion…
A planned strike [this week] by Norwegian energy sector workers could cut the country's gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers' group the Norwegian Oil and Gas Association (NOG) said on Sunday.Oil output could be cut by 130…
Russia announced on Friday a decree that seizes full control of the Sakhalin-2 gas and oil project in the country's far east, a move that could force out Shell and Japanese investors and adds another bullish factor to prices in a tight global LNG market…
Offshore wind installation contractor Cadeler has entered into a Senior Secured Green Revolving Credit Facility (“RCF”) of a 3-year term loan of EUR 185 million (around $192,3 million). Together with the company’s cash and cash equivalents,…
Norwegian oil and gas company Aker BP has taken over Lundin Energy's oil and gas operations, creating the second largest operating oil and gas company on the Norwegian continental shelf.Aker BP said in December 2021 it had agreed to acquire Lundin Energy's oil and gas business…
Deirdre Michie OBE has decided to step down as Chief Executive of Offshore Energies UK, formerly known as Offshore Oil and Gas UK (OGUK).Michie will hand over the reins at the end of the year after almost eight years at the helm of the offshore energy industry trade body in the UK…
U.S. oil major ExxonMobil is set to install a subsea water alternating gas (WAG) jumper made from Strohm’s Thermoplastic Composite Pipe (TCP) on the Liza Phase 2 project offshore Guyana. This will be followed by a multi-jumper deployment campaign…