Seven oil and gas companies have submitted bids for nine blocks offered during the Timor-Leste Second Licensing Round period 2019/2022'The Minister of Petroleum and Mineral, Mr. Victor da Conceição Soares officially opened the Bid Submission…
The Biden's administration's sale of offshore wind development rights off the coasts of New York and New Jersey surged past all expectations on Thursday to reach more than $3.3 billion, with bidding still not complete.The auction, which began on Wednesday and is due to resume on Friday morning…
Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating and bottom-fixed wind turbine capacity and will identify additional offshore areas for development amid strong interest from energy firms.Utsira Nord…
Colombia received bids for 30 blocks from seven companies during its latest oil and gas auction, the government said on Wednesday, as the Andean country looks to maintain energy self-sufficiency amid a drive to develop renewable sources.The…
Alaska oil and gas lease sales offering tracts on the North Slope and Beaufort Sea drew almost no bids, state officials said Wednesday.Only six bids were submitted for onshore tracts in the central North Slope, and no bids were submitted for tracts in the Beaufort Sea or the Brooks Range foothills…
Brazil failed to sell off exploration and production rights in the most promising offshore oil blocks up for sale on Thursday, as its first oil auction since the start of the COVID-19 pandemic brought just 37.1 million reais ($6.7 million) into state coffers…
Update: Following the release of news that Petrobras has selected PetroRio SA and Cobra as winning bidders for the Albacora field acquisition, Petrobras released a statement denying this. Read more here.Brazil state oil giant Petrobras has chosen a consortium of PetroRio SA and Cobra…
Offshore drilling rig contractors Transocean Ltd and Dolphin Drilling have made a new offer to buy the assets of stricken rival Seadrill Ltd, Dolphin's chief executive said on Friday.Oslo-listed Seadrill, founded by Norwegian-born tycoon John Fredriksen…
Guyana received bids from 15 different companies aiming to market the government's share of the crude produced off the South American country's coast, according to Guyana's National Procurement and Tender Board Administration website on Wednesday…
Fred. Olsen Renewables and Vattenfall said Friday they'd teamed up to jointly bid in the upcoming leasing round for offshore wind in Scotland.Depending on the outcome of the bidding, the partners indicated they'd focus on maximizing value for…
U.S. oil major Chevron, and a consortium between France's TotalEnergies and Qatar's Qatar Petroleum have submitted winning bids for shallow-water offshore acreage in Suriname, Suriname's national oil company Staatsolie said Friday.Staatsolie…
France's TotalEnergies, Macquarie Group's Green Investment Group, and Scotland's Renewable Infrastructure Development Group said on Wednesday they will jointly bid for sites in Scotland’s next offshore wind leasing round.The companies have joined…
Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster, two sources told Reuters this week, following a rise in crude prices over the last several months.Golfinho is one of dozens of legacy production assets that Petroleo Brasileiro SA…
BP Plc is preparing to bid for the rights to build wind farms off Scotland, The Times reported early on Monday.BP Chief Executive Officer Bernard Looney told The Times the firm was looking at bidding in the forthcoming Crown Estate Scotland…
Malaysian national oil and gas company Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia bid round 2021 launch on February 26, 2021. Also included, Petronas said, are six discovered fields to incentivize…
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