The Norwegian government has approved Equinor's plan for the development and operation of the Breidablikk field in the North Sea, off Norway.Equinor estimates it will take around NOK 18.6 billion (around $2,17 billion) to develop the field.…
Nigeria's senate will present a long-awaited oil overhaul bill to the full chamber for passage on Tuesday, according to an order paper seen by Reuters.The president sent the bill to the National Assembly in September last year, and presentation…
Oil and gas major Shell is taking the role of Technical Developer for the Acorn Carbon Capture and Storage (CCS) Project in Scotland, the partners in the project said Tuesday.The carbon capture and storage project in the UK, run by Storegga…
Oslo-listed drilling firm Shelf Drilling has secured a contract for the Baltic jack-up rig with TotalEnergies in Nigeria.TotalEnergies local subsidiary Total E&P Nigeria Limited will use the jack-up drilling rig for five wells, plus extension options…
Australia's oil industry lobby group on Tuesday slammed as 'extreme' the amount the government has proposed as a levy on all of the country's offshore oil producers to cover the cost of decommissioning an offshore field.The levy was announced in May…
AqualisBraemar LOC, energy and marine industry consultants, said Tuesday it had wrapped up its work on the Sable Project decommissioning and removal campaign off the coast of Nova Scotia, Canada.The Sable Offshore Energy Project was developed…
CessCon Decom, a Scotland-based firm specializing in decommissioning of oil and gas structures, has taken delivery of the DP3 and DP4 offshore platforms from Spirit Energy’s Morecambe Bay development in the East Irish Sea.Allseas’ single-lift…
Australian oil and gas company Santos on Tuesday announced the start of Front-End Engineering and Design (FEED) for the Dorado field development in the Bedout Sub-basin, offshore Western Australia. Contracts are expected to be awarded in the next few months…
Fred. Olsen Ocean (FOO), including its subsidiaries Fred. Olsen Windcarrier (FOWIC) and Global Wind Service (GWS), on Tuesday announced a partnership with Shimizu Corporation (Shimizu) to support growth and development in the offshore wind industry in Japan and worldwide…
FPSO specialist Bluewater has secured a contract extension for its Bleo Holm FPSO with Repsol Sinopec Resources UK Limited and its JV Partner RockRose Energy.The FPSO, deployed in the UK, will see the contract extended until December 31, 2024…
The Caspian region – home to 6 million barrels of oil equivalent per day of liquids and gas production – has been near the forefront of the global energy sector since the 19th century. It is core to most of the majors and has a resource base that should be primed for longevity…
Oil and gas company Eco Atlantic has agreed to acquire a stake in JHI Associates, which owns a share in the Canje block, offshore Guyana, where ExxonMobil is drilling for oil.Eco will acquire up to a 10% interest in JHI and appoint Keith Hill…
Qatar Petroleum has hired a group of banks to arrange a four-tranche issuance of U.S. dollar-denominated bonds, a document showed, for what will be its debut public bond sale months after it signed a contract to boost its liquefied natural gas output…
Abu Dhabi National Oil Company (ADNOC) will reduce the volume of crude oil it supplies to Asian term buyers by 15% in September, according to six sources with direct knowledge of the matter.The cut was much deeper compared with a reduction of…
Aberdeen Renewable Energy Group (AREG) has appointed David Rodger as CEO.The organization said it sought to further develop support to members and increase links with stakeholders to assist net-zero strategies across northeast Scotland and beyond…