Canada's CGX Energy on Monday reaffirmed it and parent Frontera Energy discovered an oil and gas reservoir off the coast of Guyana and said drilling on a second well could begin later this year.Its Kawa-1 well found approximately 177 feet (54…
Oil major Shell has exercised two options on the contract that will employ the Maersk Drilling's drillship Maersk Viking offshore Malaysia.The first option will be novated to TotalEnergies EP Malaysia for the drilling of one deepwater well at the Tepat project…
The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part of a broad effort to reduce U.S. climate warming emissions and improve health and safety in nearby communities…
Norwegian offshore wind services company Edda Wind has ordered three more Commissioning Service Operation Vessels (CSOV) in addition to the six vessels the company has under construction. The vessels are designed for service operations during the commissioning and operation of offshore wind farms…
BASF remains committed to a sale of its stake in oil and gas business Wintershall Dea AG on the stock market, it said on Monday, despite co-owner LetterOne opposing an initial public offering (IPO) in the short term.The disagreement between…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for the wildcat well well 35/4-3 in the North Sea, offshore Norway.Located in the production license 685, the well will be drilled using Odfjell Drilling’s Deepsea Nordkapp semi-submersible drilling rig…
Ocean Infinity has six HUGIN Autonomous Underwater Vehicles (AUVs) rated to 3,000 meters depth, Kongsberg Maritime has informed.The vehicles are equipped with a geophysical sensor suite and the latest generation Kongsberg batteries.The new vehicles will be mobilized for global operations…
German offshore wind development company wpd offshore has said it has become the first company in Romania to officially apply for the development of offshore wind energy projects in the Black Sea. The Black Sea 1 (500 MW) and Black Sea 2 (approx…
Norwegian offshore drilling company Odfjell Drilling said Monday it was contemplating spinning off its Well Services and Energy segments into a newly established company, Odfjell Technology. The plan is also to list the shares in Odfjell Technology on the Oslo Stock Exchange…
Samuel Terry Asset Management Pty Ltd has launched a takeover offer for W. Africa-focused oil and gas company FAR.Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund launched an offer to acquire FAR’s shares at 45c cash per share…
Siemens Gamesa, the world's largest maker of offshore wind turbines, expects current supply chain problems that have hit the global wind power sector to persist for a while, its chief executive said on Friday.'We are battling with raw material price increases…
Offshore installation firm Jan De Nul Group said Monday that its next-gen offshore jack-up installation vessel for offshore renewables and decommissioning had been launched at the COSCO Shipping Shipyard in Nantong, China. According to the vessel owner…
A beach in eastern Thailand was declared a disaster area on Saturday as oil leaking from an underwater pipeline in the Gulf of Thailand continued to wash ashore and blacken the sand.The leak from the pipeline owned by Star Petroleum Refining…
French oil and gas major TotalEnergies has agreed to sell to Kistos Energy a 20% interest in the Greater Laggan Area fields and in the Shetland Gas Plant in the UK, as well as interests in several nearby exploration licenses.Kistos will pay a firm consideration of $125 million…
Chevron Corp is reviewing a federal judge decision that invalidated the results of an oil and gas lease sale in the Gulf of Mexico [last] Thursday, saying the Biden administration failed to properly account for the auction's climate change impact…