New Zealand has awarded its first new offshore petroleum exploration permit since the government reversed a ban on offshore oil and gas exploration, granting EnZed Energy rights to explore a prospect in the offshore Taranaki Basin.The 12-year petroleum exploration permit…
CS Wind has delivered the first transition pieces for Vattenfall's Nordlicht offshore wind project, marking the start of shipments to what is set to become Germany's largest offshore wind development.The transition pieces were loaded out from…
Shearwater Geoservices has been awarded a contract to conduct a 3D seismic survey to support appraisal of carbon storage potential in the Bonaparte Basin offshore northern Australia.The survey is scheduled to begin in the third quarter of 2026…
Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China…
A drone caused the fire that engulfed two gas vessels at Egypt's Mediterranean port of Damietta, the Egyptian cabinet said on Thursday, confirming for the first time that the blaze which erupted a day earlier was the result of an attack rather than an accident…
BP has started production from its Atlantis Major Facility Expansion project in the U.S. Gulf of America, adding new water injection capacity to boost oil recovery and extend the life of one of the company's flagship offshore assets.The project adds two new subsea water injection wells…
Oil prices rose for a second day on Thursday as renewed attacks between the United States and Iran disrupted oil flows through key shipping routes.Brent futures LCOc1 rose $1.06, or 1.17%, to $91.80 a barrel as of 0812 GMT after touching a low of $89…
A QatarEnergy-controlled liquefied natural gas tanker exited the Strait of Hormuz overnight, the first such vessel recorded by ship-tracking data leaving the waterway since July 11, data from analytics firms showed on Thursday.The Al Areesh…
Shell's net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility during the Middle East conflict.Higher oil and gas prices, stronger…
Uniper has signed a long-term agreement to purchase 2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Canada's proposed Ksi Lisims LNG project, marking the first major long-term LNG supply arrangement between Canada and Germany…
Dragon Oil, Carlyle Group, Energean and Artemis Energy are among the groups expected to bid this week for assets in BP's West Nile Delta natural gas development off Egypt, three sources familiar with the sale process said.British oil major BP…
TGS has been hired for an ocean-bottom node (OBN) seismic survey in the Africa, Mediterranean and Middle East (AMME) region, with offshore operations scheduled to begin in the fourth quarter.The company said a deepwater acquisition crew is due to mobilize in the fourth quarter…
Dutch offshore contractor Allseas has secured a contract by Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline, a key component of the planned Ksi Lisims LNG export project in northwest Canada…
Northern Lights joint venture has taken delivery of its fourth dedicated liquefied CO2 (LCO2) carrier, completing the vessel fleet required for the first phase of its carbon capture and storage (CCS) transport and storage operations.The Northern…
BC Ventures, a 50/50 joint venture between Borr Drilling and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up drilling rigs from Fontis Finance for $287 million, expanding…