Eversource Energy has sold the uncommitted lease area of approximately 175,000 developable acres located 25 miles off the south coast of Massachusetts to Danish offshore wind farm developer Ørsted for $625 million in an all-cash transaction…
The Norwegian oil and gas DNO has appointed Christopher Spencer as Managing Director as Bjørn Dale steps down as part of a planned management transition initiated last year.Spencer has been DNO’s Chief Operating Officer since 2021. Before joining DNO six years ago…
Workers at Chevron's liquefied natural gas (LNG) projects in Australia went on strike on Friday after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.No further talks were scheduled between the unions and the U…
Gulf of Mexico-focused oil and gas exploration firm Arena Energy and drilling contractor White Fleet Drilling recently christened and mobilized a refurbished jack-up drilling rig in the U.S. Gulf of Mexico. White Fleet, Arena's strategic partner…
Energy companies Chevron and Repsol decided to quit offshore oil and gas exploration areas in Mexico, the regulator for the sector said on Thursday, joining more than a dozen other companies after disappointing results.Both had won the blocks in the Gulf of Mexico in a tender process…
TDI-Brooks said Thursday it had completed phase four of a deepwater geotechnical coring and CPT project for DenAr Ocean Engineering S.A. TDI-Brooks used its Jumbo Piston Cores (JPC) and CPT Stinger geotechnical tools and operators to the ongoing project off Turkey in the Black Sea…
Oil and gas company Hartshead Resources NL and its partner Rockrose Energy said Monday that the Gardline vessel “OceanObserver” had mobilized to the Anning and Somerville field locations in the UK North Sea to start a survey of the pipeline routing for the gas offtake from the fields…
Singapore is planning to expand a pilot project that boosts the ocean's capacity to absorb carbon dioxide emissions, using one of several emerging technologies that supporters hope can play a decisive role in the global battle against climate change…
The Petroleum Safety Authority Norway, the Norwegian offshore industry safety watchdog which will bear a new name from January 1, 2024, has this week granted Aker BP consent for exploration drilling in block 30/12 in the North Sea.Aker BP is…
Japan's JERA, one of the world's biggest buyers of liquefied natural gas (LNG), expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand, a top executive said on Thursday.'I think the real impact is not much…
Norway's offshore oil and gas safety body, the Petroleum Safety Authority Norway (PSA), will change its name on January 1, 2024 to the Norwegian Ocean Industry Safety Authority (Noisa).“This new designation points our way forward,” says director general Anne Myhrvold…
Oil and gas drilling services company KCA Deutag has won a one-year contract extension worth $60 million, for the provision of drilling operations and maintenance services on two offshore platforms in Angola with an undisclosed client.The award…
Cable maker Prysmian Group has been awarded a new contract worth around €630 million by Terna Rete Italia S.p.A., a company fully owned by Terna S.p.A., the Italian power grid operator (TSO).The Adriatic Link project includes the design, supply…
Mediterranean-focused oil and gas producer Energean aims to double its size in the coming years, including through expansion of production in Israel, CEO Mathios Rigas said on Thursday.The company reported a 41.2% slump in first-half profit…
The value of Danish energy company Orsted, the world's largest offshore wind farm developer and a big player in the U.S., has plunged about 31% since it declared $2.3 billion in U.S. impairments in late August due to supply delays, high interest rates and a lack of new tax credits…