Russian gas company Gazprom's GAZP.MM offices were raided by EU antitrust regulators, a person familiar with the matter said on Wednesday, as the EU watchdog ramped up its investigation into the company's gas supplies to Europe.EU antitrust…
Black Sea Oil & Gas (BSOG) will start extracting gas from its Romanian offshore project in the second quarter, later than planned, its chief executive said, warning that continued efforts to amend regulations for producers were undermining investment…
The British oil and gas regulator has extended by two years the license for the Cambo oilfield prospect in the North Sea which is owned by Shell and Siccar Point, Shell said on Wednesday.'The North Sea Transition Authority has awarded Siccar…
Offshore wind installation company Cadeler said its 2021 revenue had tripled compared to 2020. The Danish firm also said it had returned to profitability.The revenue for 2021 totaled EUR 61 million, an increase of 212% against EUR 19.5 million in 2020…
Subsea services provider DOF Subsea said Tuesday it had won several new contracts in both the oil and gas and renewables sectors in the North Sea.The projects, to be delivered in 2022, total more than 185 vessel days excluding any optional work…
The European Union has launched its first ever challenge against Britain at the World Trade Organization over its former member's green subsidy scheme.The European Commission, which oversees trade policy for the EU's 27 members, said that criteria…
Norway's Aker BP has won permission to increase gas exports from its Skarv field, the country's energy ministry said on Monday, enabling the company to take advantage of high gas prices that now exceed the price of oil.Until now, Aker BP has…
About 28,500 workers at Norwegian shipyards, oil industry fabrication plants, and other manufacturers will go on strike from April 1, unless labor unions and employers reach a new wage deal, a state-appointed mediator said on Monday.Firms that…
Offshore wind farm developer Ørsted will divest a 50% stake in its 1.3 GW Hornsea 2 offshore wind farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.Hornsea 2 is currently under…
Saipem will launch a 2 billion euro ($2.2 billion) capital increase this year and sell assets to help fund a turnaround plan to bring the troubled Italian energy services group back into the black.The company stunned investors in January when…
Dutch marine services company Boskalis has delivered the Hollandse Kust Zuid Beta substation topside to Tennet in the Netherlands after a long journey from Dubai, where it was built.This is the second High Voltage Alternating Current (HVAC) offshore transformer station topside…
Top Western oil producers could experience a hit to revenue if disruptions at a Russian Black Sea port curtail output from Kazakhstan's giant oilfields, highlighting the growing global supply risk after Moscow's invasion of Ukraine.Chevron, Exxon Mobil…
Japan aims to reduce its dependence on Russian energy, but Sakhalin oil and gas projects, in which the Japanese government and companies hold stakes, are important for its energy security, Japan's top government spokesman said on Friday.Shell…
A second man convicted in Britain over how oil contracts were secured in post-occupation Iraq has had his conviction overturned by a London court, further unraveling a blockbuster bribery case prosecuted by the UK Serious Fraud Office (SFO)…
TotalEnergies, which is maintaining assets in Russian gas projects even after Russia's invasion of Ukraine, is now looking into sourcing its gas from the United States and projects in the North Sea, its chief executive said on Thursday.'There…