The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy procurement, making it an unlikely place to expand one of the most expensive forms of clean energy…
Norwegian oil and gas company Equinor said on Monday it has acquired a 25% stake in Bayou Bend CCS LLC, a U.S. project to capture and store carbon dioxide (CO2) emissions along the Gulf Coast in southeast Texas.The acquisition adds to Equinor's…
Eni has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d’Ivoire.The milestone comes less than two years after the discovery in September 2021 and less than a year and a half after final investment decision…
State-backed export credit agency Export Finance Norway (Eksfin) has provided loan guarantee financing to Spanish energy company Iberdrola, a transaction that supports Norwegian exporters’ participation in the East Anglia Three wind park project in the UK…
Danish offshore charging solutions company Stillstrom has signed an MoU with UK offshore support vessel operator North Star to accelerate the adoption of offshore charging and vessel electrification technologies for service operation vessels (SOVs) in the offshore wind sector…
As the pace of offshore wind installation accelerates globally, all eyes turn to tools and techniques that will enable efficient installation and lifecycle protection of offshore wind towers. Balmoral, with decades of experience protection offshore oil and gas infrastructure…
Sarawak Shell Berhad, a subsidiary of Shell plc, has announced that gas production has started at its Timi platform in Malaysia under the SK318 production sharing contract.Timi features Shell’s first wellhead platform in Malaysia that is powered by a solar and wind hybrid power system…
Singapore-based Seatrium Oil and Gas International has signed a Letter of Intent with Shell Offshore for construction work relating to Shell’s Sparta project in the Gulf of Mexico.Sparta is a deepwater development approximately 170 miles off the Louisiana coast…
Cyprus rejected Chevron Corp's plan to develop the island nation's offshore Aphrodite natural gas field, Bloomberg News reported on Friday, citing Energy Minister Giorgos Papanastasiou.Papanastasiou told Bloomberg that the concerned parties…
Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.The average…
Hellenic Cables announced it has been awarded an EPCI contract for the grid interconnection of the Western Offshore Substation of Gennaker Offshore Wind Farm in the Baltic Sea, off Germany.Hellenic Cables, the cables segment of Cenergy Holdings…
U.N. experts sent a letter of concern to Saudi Arabian oil giant Aramco, saying its expansion of fossil fuel production and ongoing exploration threaten human rights, a document posted on Friday showed.The company did not immediately respond to a Reuters request for comment…
With just days to go until the 50th anniversary edition of SPE Offshore Europe 2023 launches, excitement is building for the milestone event.Register now for the free-to-attend conference and exhibition which will be held at P&J Live, Aberdeen…
Unions at Chevron's LNG facilities in Australia warned on Friday that work stoppages could cost the U.S. energy major billions of dollars if demands over wages and conditions were not met.The warning came even as workers at a nearby Woodside…
Vår Energi has changed its executive management team, with Nick Walker will be joining Vår Energi as CEO and current CEO, Torger Rød, is transfering to the new role as COO.Walker most recently held the position as CEO of European E&P independent…