INEOS Energy has completed the $615 million sale of its oil and gas business in Norway to Poland's PGNiG.The deal, first announced in March 2021, includes all INEOS Oil & Gas interests in production, licenses, fields, facilities, and pipelines…
Oil and gas company Rockhopper Exploration on Thursday affirmed its intention to press ahead with the development of the Sea Lion offshore oil field in the Falkland Islands, a week after its partner decided to pull out.Rockhopper Exploration…
The Australian government on Thursday committed to provide A$250 million ($180 million) in grants to support the development of carbon capture, use, and storage (CCUS) projects, part of a broader technology push to help cut carbon emissions…
Qatar Petroleum has signed a long-term LNG sales deal with China's CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).QP will supply of 3.5 million tons per annum (MTPA) of LNG to CNOOC over a 15-year period starting January 2022…
Offshore installation and construction firm McDermott has joined AquaVentus, a consortium of more than 70 companies, organizations, and research institutions collaborating toward green hydrogen energy production in the North Sea.The aim of AquaVentus…
Chinese oil company CNOOC said Thursday it had made a 'large-sized' discovery at Kenli 10-2 site in Bohai Bay, offshore China.The Kenli 10-2 oilfield is located in Laizhou Bay Sag in Southern Bohai Bay, with an average water depth of about 15…
MatthewsDaniel, a services provider for the marine and energy industries and applicable insurers, announced it has opened a new office in Aberdeen to enhance its offering to North Sea clients.David Cox, MatthewsDaniel CEO, said, “Aberdeen and the North Sea have a rich oil and gas history…
Hellenic Cables has awarded Tekmar Energy a contract for Bend Restrictor supply for subsea cable projects in Denmark and Greece.Tekmar Energy will design, manufacture, and supply Bend Restrictors for the KBH02 “København02” submarine cable project in Denmark…
Hurricane Energy, the operator of the Lancaster field west of Shetland, has said that the annual output from the field would be at the upper end of the 8,500 - 10,500 bopd guidance.The company issued output guidance on Wednesday, taking into…
Norwegian seismic data acquisition company PGS has said that it has on behalf of the PGS-TGS joint venture acquired over 10 000 sq. km of 3D GeoStreamer data offshore Newfoundland and Labrador between May and September this year. The data from…
Russian oil firm Lukoil has agreed to acquire a stake in a BP-operated offshore project in the Azerbaijan part of the Caspian Sea.Lukoil will take a 25% stake from BP, which will retain a 25% stake and remain the operator of the project called…
Norway's Socialist Left Party said on Wednesday it had pulled out of talks to form a majority coalition government following this month's election, a move likely to lead to the formation of a minority centre-left administration.Labour, the Centre…
Briggs Marine has acquired Forth Engineer, a Damen FCS 2610 fast crew supply vessel, bringing its wholly-owned fleet to a total of 40. 'This addition to the fleet allows Briggs Marine to extend its remit further into the renewable energies sector…
Singapore's Keppel Offshore & Marine has completed the construction of two offshore substations for offshore wind giant Ørsted.The two unmanned 600MW offshore wind farm substations will be deployed in Taiwan’s Greater Changhua 1 & 2a Offshore Wind Farms…
Offshore equipment provider OEG Offshore (OEG) has acquired Lowestoft‐based offshore communications specialist Fern Communications (Fern), which designs and manufactures offshore communications systems The deal comes a week after Fern signed…