BP CEO Bernard Looney resigned on Tuesday with immediate effect after less than four years in the oil major's top job for failing to fully disclose details of past personal relationships with colleagues, the company said.Chief Financial Officer Murray Auchincloss will act as CEO on an interim basis…
Edda Wind held a naming ceremony for its new commissioning service operation vessel (CSOV) Edda Nordri.The 88.3-meter-long vessel is the third in a series of three purpose-built CSOVs built by Spain's Gondan Shipbuilders for Norway-based Edda Wind…
U.S. crude oil production is forecast to rise more than previously thought in 2023, while global oil inventories are expected to fall after Saudi Arabia extended output cuts this month, the Energy Information Administration said on Tuesday.U…
The UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved,a new report by Robert Gordon University has found…
Woodside Energy last week announced it would start seismic testing for its Scarborough gas project off Australia’s west coast, before reversing the decision in the face of a legal challenge from Traditional Owners.Seismic testing is highly controversial in marine environments…
Algeria, Egypt, and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects…
A planned maintenance outage at Norway's Troll field, Western Europe's largest, has been extended as scheduled work is taken longer than expected, operator Equinor said on Tuesday.'The reason for the extended maintenance period at Troll A is that modification projects have taken longer than planned…
The result of a recent subsidy auction for renewable energy projects does not threaten Britain's climate goals, its climate minister said on Tuesday, responding to criticism over a lack of demand for offshore wind development.Offshore wind developers stayed away from Friday's auction…
Offshore wind service provider WINDEA Offshore and marine data acquisition specialist Subsea Europe Service GmbH have recently entered a strategic sales partnership. With this agreement, the two partners intend to provide the European offshore…
Strategic partners Roll Group & Hebetec Engineering AG announced their shared patented solution for offshore wind farm load-outs during the SPE Offshore exhibition in Aberdeen last week.The solution was developed to provide efficient and cost…
Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance, Interfax news agency reported on Tuesday, quoting Gazprom's Deputy CEO Vitaly Markelov.The company has said it planned maintenance in July without providing a timeframe…
ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.'With increasing ROV asset investment across hydrocarbon and offshore renewable energy…
Maritime classification society ABS has joined a pioneering joint industry project (JIP) to collaborate on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets Class and statutory requirements with Ecolog Services Ltd…
Norwegian marine seismic survey services firm Seabird Exploration has signed a Letter of Award for a 2D contract in the Eastern Hemisphere with a repeat client. The duration of the contract is expected to be around three months. Pending customary permitting and prefunding approvals…
Offshore oilfield services firm Three60 Energy said Tuesday it had secured a plug and abandonment services contract from Equinor for work at Statfjord field, offshore Norway.Thomas Kibsgaard-Vatn, THREE60 Energy’s Discipline Owner P&A, commented…