Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas. 'The new LNG landing place is a big step towards a secure energy supply…
The Norwegian oil and gas company OKEA cut its output guidance for 2023 on the back of the news that the Wintershall Dea Norge-operated Nova field offshore Norway may have limited production next year.The Nova subsea field, sits about 120 kilometers northwest of the city of Bergen…
Commonwealth Wind said late Monday it will move forward with a submitted but not yet approved power purchase agreement with Massachusetts electric companies and its 1,232-megawatt offshore wind project.Commonwealth made its announcement after…
Kent, an energy services company, said on Wednesday that INEOS UK SNS Ltd. had awarded it a three-year framework contract for structural integrity analysis modeling services.Kent will support the safe and sustainable structural integrity management…
The Brazilian oil company Enauta has announced that production has resumed from one of the wells at its Atlanta offshore oil field in Brazil following a recent interruption.On November 7, informing of the output interruption, Enauta said that…
BP is paying more tax as it is making more profit, its UK head Louise Kingham told the Reuters Energy Transition Europe 2022 event on Wednesday.'It's right that (the government) should think about how they protect the most vulnerable and taxation is not for companies to determine…
Siemens Energy on Wednesday reported a record order backlog of nearly 100 billion euros ($104 billion), boosting its shares and overshadowing a widening net loss blamed on its struggling wind turbine division, Siemens Gamesa. Siemens Energy…
Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…
Ocean Challenger, the asset management company owned by the Chinese offshore rig builder CIMC, said Wednesday it 'has tied new knots' with the Italian energy services firm Saipem to deploy the 300-foot jack-up rig Gulf Driller IV in the Middle East…
Norwegian offshore support vessel operator Eidesvik Offshore posted what it said was the second consecutive quarter with a revenue level not seen since 2016.The company's revenue was NOK 190.4 million, an increase of 9% compared to Q3 2021. EBITDA increased by 12% to NOK 91 million vs NOK 81…
Offshore installation services firm Jan De Nul said Wednesday it had recently rescued 15 people drifting on a sloop in the Mediterranean Sea, offshore Algeria.'During a sea journey from Turkey to Belgium, Jan De Nul crew on board the offshore…
Tullow Oil narrowed its annual production forecast range and cut capital investment expenditure estimate on Wednesday, as the West Africa-focused oil producer attempts to bring down costs after two strategic wells returned disappointing results…
The Norwegian energy industry giant Equinor has awarded international engineering firm COWI a contract to serve as “Owner’s Engineer” for the Firefly floating wind project offshore Ulsan, South Korea. The Firefly project is located 70 km off…
Oil and gas company Neptune Energy said Wednesday it had found hydrocarbons in the Calypso exploration well in the Norwegian Sea. The well is located within the Neptune-operated PL938 license.'Having entered the reservoir, logs proved the presence of hydrocarbons…
The Norwegian offshore oil and gas safety regulator, Petroleum Safety Authority Norway (PSA), has launched an investigation into an incident involving serious personal injury on the Linus jack-up drilling rig on November 10, 2022.'An incident…