A consortium between the offshore engineering firm DORIS and the Korean shipbuilding and offshore engineering giant Hyundai Heavy Industries has won a Front-End Engineering Design (FEED) contract for a floating wind project in South Korea.The…
Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters on Thursday, as part of a broad shakeup at the state-run oil company under its new chief executive.It was not immediately clear if Colnago…
Australian oil and gas company Carnarvon Energy said this week it had identified more than 100 prospects across its Bedout Permits, offshore W. Australia, the top 20 of which could hold over 1.5 billion barrels of oil equivalent in total. 'More…
Major leaks that suddenly erupted in the Nord Stream gas pipelines that run from Russia to Europe under the Baltic Sea have generated plenty of theories but few clear answers about who or what caused the damage.Here is what we know and what has been said so far:WHO IS BEING BLAMED…
Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said that three new partners will be entering the North Field South (NFS) project in addition to the partner recently announced, adding that they will be announced in due course…
Noordgastransport (NGT) and NOGAT said Thurdsay they had become the first pipeline owners to receive the Certificate of Fitness for the transport of green hydrogen through their existing pipelines in the North Sea. The certificate was issued by Bureau Veritas Inspection & Certification…
U.S offshore wind developer Atlantic Shores Offshore Wind has selected wind turbine maker Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Atlantic Shores is a 50:50 partnership between Shell New Energies and EDF Renewables…
Corrects with Dana Petroleum spokesman comment to clarify deal refers only to Dutch business.Korea National Oil Corporation agreed to sell the Dutch assets of North Sea oil and gas producer Dana Petroleum to private firm Waldorf Production,…
French offshore cable-making and installation company Nexans has signed a firm contract to supply offshore wind export cables for phase one of the Empire Wind offshore wind project in the U.S., being developed by a 50-50 partnership between Equinor and BP…
OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.OPEC's de-facto leader Saudi…
Norwegian oil and gas company Equinor has received regulatory consent for the prolonged use of the Floatel Superior semi-submersible accommodation rig at the Grane field in the North Sea, offshore Norway.The Petroleum Safety Authority said that that it had granted its consent…
Russia's foreign ministry said on Thursday it was 'unthinkable' that an investigation into ruptures on the Nord Stream 1 and 2 gas pipelines would proceed without Russia's participation.Foreign Ministry Spokeswoman Maria Zakharova said the West…
The topside for the offshore wind transformer station Hollandse Kust (north) was installed this week on a jacket previously installed on the seabed, Dutch grid operator TenneT has informed. DEME Offshore's Orion vessel installed the topside…
Norway's production of oil liquids is expected to rise by 15% in 2023 as the Johan Sverdrup field is set to ramp up output by the end of this year, the government's draft budget showed on Thursday. 'The Norwegian continental shelf must continue…