Italian oil and gas giant Eni said Tuesday it had signed a deal to sell to Perenco its participation interest in several non-core permits in the Republic of Congo.'The transaction value is approximately $300 million, including firm and contingent consideration…
Italian power cable making and installation group Prysmian Group has chosen the name Monna Lisa for the new 171-meter cable-laying vessel that is currently under construction in Romania. The vessel is the sister ship to Prysmian's Leonardo da Vinci cable layer…
Synergia Energy Ltd. said Tuesday that the North Sea Transition Authority ('NSTA') had confirmed that the Camelot carbon storage license application made by Synergia had been successful. The license application was made jointly with Synergia's 50:50 partner…
French oil and gas services provider Technip Energies on Tuesday agreed to resolve its outstanding matters with the French Parquet National Financier (PNF).The agreement on the form of a Convention Judiciaire d'Intérêt Public (CJIP) was signed on June 22…
Cloud enterprise software company IFS said Tuesday that Havfram, the Norwegian offshore wind company with its two subsidiaries Havfram Wind and Kontiki Winds, has chosen to implement IFS Cloud.Havfram opted for the solutions to manage the urgent needs around its subsidiaries` core businesses…
French oil major TotalEnergies has been named the upstream industry's most admired explorer and has received the Discovery of the Year award in Wood Mackenzie's annual Exploration Survey. This is TotalEnergies' third time winning the most-admired explorer award…
The Norwegian offshore safety body, the Petroleum Safety Authority Norway (PSA), has started investigating a recent fire in a utility room within the living quarters of Equinor's Gina Krog offshore platform in the North Sea, off Norway.The PSA…
German renewable energy group RWE has appointed Dr. Thomas Michel Chief Operating Officer (COO) of the company’s Offshore Wind business as of September 1, 2023. 'Michel will take on responsibility for this newly created Board division as a very…
Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first.The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic…
Norway's Linjepartner has been selected as a partner for the delivery of overhead lines in Aker BP's Yggdrasil power from shore project. Yggdrasil is an offshore oil development in the North Sea, off Norway.According to a press release issued Tuesday…
Oilfield services firm TechnipFMC said Monday it had won a significant contract with Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola.For TechnipFMC, a “significant” contract is between $75 million and $250 million…
TotalEnergies, Petronas and Mitsui have signed an agreement to develop a carbon storage project in Southeast Asia. The partners plan to evaluate several CO2 storage sites in the Malay Basin, including both saline aquifers and depleted offshore fields…
Trinidad & Tobago-based oil and gas company Trinity Exploration & Production Trinidad and Tobago has commissioned Petrofac to undertake a Concept-Screening to develop further reserves in its Galeota Block, offshore East Coast Trinidad.The Galeota…
Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said on Tuesday.About 60-70% of its production is natural gas and will remain so going forward…
Brazil's state-run oil company Petrobras PETR4.SA has won its appeal in the Supreme Court against a 2018 labor conviction, avoiding billions of dollars in payments.Petrobras was charged in 2018 by Brazil's top labor court for divergences in…
