Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billions of pounds for consumers.The 'Cost-Plus-Revenue Limit' forms part of a broader energy…
Offshore drilling contractor Seadrill announced on Tuesday that it has received approval to relist its common shares on the New York Stock Exchange under the ticker symbol 'SDRL'.The company voluntarily delisted from the NYSE in June 2020, several…
In a recent interview with Offshore Engineer TV, to be published in the September/October edition of Offshore Engineer, Carl Trowell, CEO, Acteon Group, discusses how his company is balancing the transition to 'new energy,' putting in perspective…
Lebanese caretaker energy minister Walid Fayyad said that French gas giant TotalEnergies would begin the process of exploring for gas in Lebanese waters as soon as a maritime border deal with Israel is concluded.Fayyad made the comments after meeting a senior TotalEnergies delegation in Beirut…
Israel and Lebanon have reached 'a historic agreement' on their maritime border, Israeli Prime Minister Yair Lapid said on Tuesday. “This is a historic achievement that will strengthen Israel’s security, inject billions into Israel’s economy…
India is offering 26 oil and gas blocks and 16 coal bed methane blocks in its latest exploration licensing round, according to the country's upstream regulator, as the world's third largest oil consumer seeks to boost local output.'There is…
India maintains a 'healthy dialogue' with Russia and will look at what is offered following an announced ownership revamp to the Sakhalin-1 oil and gas project, Petroleum Minister Hardeep Singh Puri told Reuters. Russia last week issued a…
A spokesperson for Russian energy giant Gazprom said on Monday that a mine destroyer discovered at the Nord Stream 1 offshore gas pipeline in 2015 belonged to NATO. Nord Stream reported on that date in 2015 that a 'munitions object' had been cleared by the Swedish armed forces…
Kraken Robotics said that its PanGeo Subsea subsidiary completed an acoustic coring (AC) campaign for ONE-Dyas in the North Sea, the company's second AC survey at ONE-Dyas's GEMS development, supporting foundation engineering of the N05-A gas platforms…
Eneti's offshore installation services firm Seajacks International has recently completed the installation of all 33 wind turbines at the Akita & Noshiro offshore wind farm located off the Japanese Akita Prefecture coastline.The self-propelled jack up vessel…
Offshore drilling firm Shelf Drilling has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf.The contract value for the firm period, including mobilization revenue…
Energy intelligence group Westwood said Tuesday it saw skyrocketing offshore wind growth with 135 GW of new capacity on offer to developers, equivalent to nearly 2.5 times today’s 55 GW market.This is bolstered by new market expansion with over…
Malaysia Marine and Heavy Engineering (MMHE) has secured a contract from Shell in Malaysia for the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram gas project. The project is located off the coast of Sarawak…
The head of QatarEnergy, who is also Qatar's energy minister, said on Monday the company wants to speed up the development of two oil wells it discovered off the Namibian coast with joint venture partners earlier this year.Saad al-Kaabi said…
Japan will decide what to do about the Sakhalin-1 oil and gas project in Russia's Far East in consultation with its partners as it reviews details of a decree by Moscow, Japanese industry minister Yasutoshi Nishimura said on Tuesday.Russia last…