Latest News - page 9

 

Renewables Not Expanding Fast Enough to Replace Fossil Fuels, COP30 Warns

Nov 20, 2025

The message could not have been clearer as protesters carried coffins labeled oil, coal and gas through Belém while negotiators met in the Amazonian city for the United Nations COP30 climate summit.It may be too early to declare the end of the fossil fuel era…

Strike Threat Looms Over Woodside’s Pluto 2 LNG Expansion

Nov 20, 2025

A union group applied to Australia's labour tribunal on Thursday for permission to strike at Woodside Energy's Pluto 2 project before the end of the year, in a battle over pay at the under-construction facility.A strike by construction workers…

Australia Opens Consultation on Decommissioning Planning and Finance

Nov 19, 2025

The Australian Government has published a consultation paper seeking feedback on reforms to Decommissioning and Financial assurance arrangements for the offshore oil and gas industry.Australia has up to A$60 billion of offshore oil and gas decommissioning…

TotalEnergies Boosts Stake in Nigerian Offshore Exploration Block

Nov 19, 2025

TotalEnergies has signed agreements with Conoil to acquire a further 50% interest in oil exploration block OPL 257 from its Nigerian partner, bringing its holding to 90%, the French group said on Wednesday.The deal is part of efforts to consolidate…

Ghana Seeks State Takeover of Springfield Oil Block In Hopes of Increasing Output

Nov 19, 2025

Ghana has initiated talks to take over Springfield Exploration's stake in an offshore block holding an estimated 1.5 billion barrels of oil, the energy ministry said, as the country seeks to reverse falling output to bolster its economic recovery…

BOEM Proposes Second Gulf of America Lease Sale

Nov 19, 2025

The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the second offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Big Beautiful Gulf, or BBG2, is scheduled to take place on March 11…

COWI Supports Landsvirkjun in Delivering Iceland’s First Large-Scale Wind Farm

Nov 19, 2025

COWI’s supervision and advisory role in the Vaðölduver project marks the first integration of wind energy into Iceland’s electricity generation portfolio. The 120 MWwind farm, led by Landsvirkjun, is the country’s first commercial-scale wind development…

Havila Shipping Banks Q3 Profit as Fleet Use Climbs

Nov 19, 2025

Havila Shipping delivered a stronger third quarter in 2025, reporting improved profit before tax and maintaining high fleet utilization despite softer day rates and several vessels undergoing planned maintenance.According to the company’s quarterly report…

Australian Offshore Decom Costs Set to Fall as Efficiency Improves, Xodus Finds

Nov 19, 2025

Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…

DeepOcean Gets Subsea Tie-Back Job in UK

Nov 19, 2025

Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the U.K. continental shelf.The field is being developed as a subsea tieback to an existing host facility…

Ithaca Energy Acquires 50% Stake in Shell’s Tobermory Discovery off Scotland

Nov 19, 2025

Ithaca Energy has signed a farm-in agreement with Shell UK for a 50% working interest in licenses P2629 and P2630, located in the West of Shetland basin, containing the Tobermory discovery.Following completion of the farm-in, Shell UK will continue…

Shell Buys Offshore Wind Power for Hydrogen Electrolyzer in Germany

Nov 19, 2025

Nordsee One has signed a five-year power purchase agreement (PPA) with Shell Energy Europe covering around one-third of the annual output from the 332 MW Nordsee One offshore wind farm.The agreement will start in June 2027. Part of the renewable…

BP Hires SLB OneSubsea for Deepwater Gulf of Mexico Job

Nov 19, 2025

SLB OneSubsea, joint venture between SLB, Aker Solutions, and Subsea7, has secured a contract from BP for subsea boosting system for the greenfield development of the Tiber project, located in the deepwater U.S. offshore region.The engineering…

Shelf Drilling’s Jack-Up to Restart Ops for Aramco as Suspension Ends

Nov 19, 2025

Offshore drilling contractor Shelf Drilling has received a notice from Saudi oil and gas giant Aramco to resume operations for the Harvey H. Ward jack-up rig in the Middle East.The rig’s operations were previously suspended by Aramco, effective September 2024…

BW Energy Confirms Liquid Hydrocarbons in Namibia’s Kudu Block

Nov 19, 2025

BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons.The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5…

Current News

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

EnerMech Hires Former SLB Executive to Lead Energy Solutions Division

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Jasmund Substation’s Topside and Jacket Sets Sail to Baltic Sea

Subscribe for OE Digital E‑News