Norway's oil and gas firms have sharply raised their investment forecasts for 2023 after proposing more than a dozen new projects at the end of last year, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 187…
Houston-based firm SCF Partners has acquired Abedeen-based engineering, procurement and construction (EPC) service provider Global E&C, from Global Energy Group for an undisclosed sum.Global E&C employs more than 1,000 people, with more than…
Guyana, which has jumped into the forefront of offshore oil exploration, is using its inland forests to tap carbon markets, in a business the government sees as more profitable than using the acreage for mining or agriculture, Vice President Bharrat Jagdeo said on Wednesday…
Floating wind technology firm Hexicon has partnered up with IX Wind to provide services for the development and construction of a 1,300+ MW floating offshore wind project in Taiwan. The partnership will offer project management, consultancy and engineering services to the project…
Japanese oil refiners may buy Russian crude from the Sakhalin-2 oil and gas project, if needed, to secure a stable supply of liquefied natural gas (LNG), the president of the Petroleum Association of Japan (PAJ) said on Wednesday. But Russian oil…
British oil and gas producer Capricorn Energy on Wednesday pulled the plug on its planned merger with Israeli gas group NewMed Energy after months of shareholder pressure that also toppled Capricorn's leadership.Activist investor Palliser and…
Longboat Energy, an oil and gas company so far mostly focused on offshore oil and gas operations offshore Norway, is expanding internationally with the recent award of an offshore exploration block in Malaysia.Longboat said Wednesday it had won a Production Sharing Contract (“PSC”) for Block 2A…
Norwegian oil firm Equinor has chartered Havila Shipping's Havila Clipper platform supply vessel.Havila Shipping said Wednesday that the contract was for six months. Equinor will have two 2-month extension options after the expiration of the six-month charter…
German utility RWE's trading arm received its first cargo of liquefied natural gas (LNG) at Brunsbuettel port from Abu Dhabi National Oil Company (ADNOC) on Wednesday, saying the gas will be fed into to onshore pipelines from the end of this month…
Aker Solutions said Tuesday evening that its subsidiary CSE in Brazil had become the victim of a cyberattack that had impacted its IT systems. 'Aker Solutions is working to contain and neutralize the attack, but does not yet know the full extent of the situation…
Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged…
The Australian offshore oil and gas safety regulator NOPSEMA has accepted Santos' Offshore Project Proposal (OPP) relating to the Dorado project, one of the largest ever oil discoveries in Australia’s North Western Shelf.'Acceptance of the OPP…
Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, has awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project.The Snøhvit…
As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…
NATO should hold an emergency meeting to discuss recent findings about September explosions at the Nord Stream gas pipelines, Russia's Foreign Ministry spokeswoman Maria Zakharova said late on Saturday.Investigative journalist Seymour Hersh…