The Golar Gimi FLNG unit, being built for BP's Tortue Ahmeyim project in Senegal/Mauritania offshore area, is set to sail away next month.According to Golar LNG, tasked with delivering the unit, the FLNG Gimi conversion works 97% complete. Golar…
HAL, the Dutch investment subsidiary of HAL Holding, has agreed to sell 60% in IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets.HAL acquired IQIP from Royal IHC in March 2023…
The comfort that had characterised natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian liquefied natural gas (LNG) plants.In the blink of eye, a market…
Danish power cable maker NKT has won a contract to design and produce the offshore export power cable system for the Polish offshore wind project Baltic Power.'The project is important for the transition to renewable energy in Poland and the…
Norway will narrowly avoid a power deficit the next five years despite few production additions, as the last two years' high prices led to more permanent demand cuts, the Norwegian Water Resources and Energy Directorate (NVE) predicted on Monday…
Private equity firm Endless has acquired the Aberdeen-based logistics and materials management firm ASCO. ASCO supports the energy industry with solutions for their logistics and material management requirements with stevedoring, environmental services…
The Danish Energy Agency has postponed the second tender round for offshore licenses for the exploration and use of the subsoil for the geological storage of CO2 in the North Sea.The tender was set to open on August 15th 2023 according to the executive order on CO2 storage license tenders…
The United Nations said on Friday it had completed the removal of more than 1 million barrels of oil from a decaying supertanker off Yemen's Red Sea coast, averting a potential environmental disaster.U.N. officials and activists have been warning…
U.S.-based Oil and gas company Talos Energy has discovered oil and gas at the Sunspear prospect in the U.S. Gulf of Mexico.Talos Energy shared the news of the discovery this week in its second-quarter results presentation.According to Talos…
Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon liquefied natural gas (LNG) facilities if workers vote in favor of such a step, fuelling concerns the country's exports could be cut.The Fair Work…
Guyana’s parliament on Thursday passed long-awaited oil legislation that grants the natural resources minister extensive power over its multi-billion-dollar oil industry. The new rules will be applied to future projects in the South American country…
Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert strikes at Australian liquefied natural gas (LNG) facilities that together account for around 10% of global production.Concerns over industrial action…
Indonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas projects will jumpstart their development, as it races to more than double gas production by 2030.The Masela and Indonesia Deepwater Development (IDD) projects…
Danish offshore wind turbine maker Vestas said Thursday it had entered into a conditional agreement to deliver wind turbines for the offshore wind power project Baltic Power in Poland with a capacity of up to 1.2 GW.'If and when the agreement translates into a firm and unconditional order…
Asia Pacific-focused Jadestone Energy, which last month shut down production from its Montara Venture FPSO off Western Australia due to an issue with the FPSO's 4S ballast water tank,is still working to address the defect in the tank.Jadestone Energy said Thursday that since the shutdown…
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