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…
HAL Holding, which on March 10 announced plans to launch a takeover offer for the Dutch marine services and dredging giant Boskalis' all remaining shares, said Thursday it was making good progress with the offer preparation.The company had said…
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…
Austrian energy group OMV said on Friday it would take a 2-billion-euro ($2.17 billion) hit in the first quarter of this year from its business in Russia as it seeks to distance itself from the country after the invasion of Ukraine.Last month…
Australian gas producer Woodside Petroleum Ltd's agreed merger with BHP Group's petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40 billion.Global miner BHP agreed to…
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…
Offshore wind developer Ørsted and vessel owner Esvagt on Friday announced an investment in what they claim to be the world’s first service operation vessel (SOV) that can operate on green fuels. 'The SOV will be powered by batteries and dual fuel engines…
Oil and gas company Neptune Energy said Friday it would double gas output from the Duva field in the Norwegian part of the North Sea, supporting increased supplies to the UK and Europe.'The partnership has worked closely with the Norwegian authorities…
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…