Britain will phase out imports of Russian oil and oil products by the end of 2022, Prime Minister Boris Johnson said on Tuesday, joining other nations including the United States in reducing their energy dependency on Russia.In response to President Vladimir Putin's decision to invade of Ukraine…
U.S. President Joe Biden announced a ban on Russian oil and other energy imports on Tuesday in retaliation for the invasion of Ukraine, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices…
Construction of Seagreen, Scotland's largest fixed bottom offshore wind farm and the world's deepest of its kind, has reached another critical milestone with the installation of the 4,800-tonne offshore platform topside off the Angus coast.'The topside forms the backbone of the offshore wind farm…
Russia has warned it may shut off its main Nord Stream gas pipeline to Germany after Berlin halted approval of a second line across the Baltic Sea in response to Russia's invasion of Ukraine. The comment, from Russian deputy prime minister Alexander Novak…
Malaysian offshore services company Perdana Petroleum has secured contracts for three Anchor Handling Tug and Supply vessels with Petronas Carigali.Perdana Nautika will provide the three AHTS vessels with crews and equipment to perform 24-hour services for assisting and/or servicing drilling rigs…
Brazilian oil firm Petrobras last Friday signed a contract with its Chinese partner CNOOC for the assignment of 5% of its interest in the Búzios field, in the Santos Basin pre-salt area, offshore Brazil.The agreement is the result of the option to purchase an additional share…
Scana's subsidiary Seasystems, previously known as Scana Offshore, has received a letter of intent to deliver an anchoring system for a Brazil-bound FPSO.The delivery consists of anchoring equipment such as chain stops, jacks, and winches.Scana…
Oil major Shell said Tuesday it would withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas, and liquefied natural gas (LNG). The news follows Shell’s decision last week that it intends to end…
Norwegian offshore vessel owner Havila Shipping has won vessel contracts with Nexans Norway and Peterson Den Helder. The company also secured work of one AHTS with an unnamed client.Nexans Norway has chartered Havila Shipping's subsea vessel Havila Phoenix…
Japanese industry minister Koichi Hagiuda said on Tuesday that the Sakhalin energy projects 'will effectively freeze' given the exit of Western stakeholders and that Japan would therefore wait to see how the situation plays out to make any decision…
Australia-based BHP has booked Aquadrill's Vela drillship for a drilling operation in the U.S. Gulf of Mexico.The rig, managed by Seadrill, is currently in the Gulf of Mexico, on a contract with Equinor until May. After the expiration of the contract…
Libya's state-owned National Oil Corp (NOC) announced on Monday that oil and gas major BP agreed to resume oil operations in the country, a statement published on the company's website said.The statement added the two companies discussed resuming…
Gulf Island Fabrication, Inc., a steel fabricator and service provider to the industrial and energy sectors, today announced that its Chairman of the Board of Directors, Michael A. Flick, will retire effective upon the expiration of his current…
The U.S. House of Representatives is set to vote as soon as Tuesday on legislation seeking to ban the import of Russian energy products and suspend normal trade relations with Russia, a congressional aide told Reuters.The text of the proposal is expected later on Monday…
Danish energy firm Ørsted said on Monday it was preparing for potential disruptions to its gas supplies from Russia's Gazprom, due to sanctions, and would give any profits from the contract to humanitarian aid in Ukraine.Ørsted, which is 50…