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Shell, Iberdrola Plan to Build Large-scale Floating Wind Farms in Scotland

Jul 16, 2021

Oil and gas major Shell and Iberdrola-owned Scottish Power said on Friday they had joined forces to bid to develop large-scale floating wind farms off the coast of Scotland.The companies said they had submitted proposals for the potential projects as part of Scotland's offshore wind leasing round, called ScotWind, which closed for submissions on Friday.Further details about the projects were not disclosed…

Talos Energy, Carbonvert JV Wins Rights to Manage Carbon Storage Site Offshore Texas

Aug 25, 2021

U.S. oil and gas company Talos Energy, focused on oil and gas assets in the Gulf of Mexico, said Wednesday it was its partners Carbonvert, the sole winning bidder for the Texas General Land Office's ('GLO') Jefferson County, Texas carbon storage site located near Beaumont and Port Arthur…

Ping to Buy Out Summit from Avalon Oil Field. Targets First Oil for 2023

Aug 13, 2021

Malaysian oil company Ping Petroleum, a subsidiary of DNeX, has agreed to buy the remaining 50 percent stake in the Avalon oil field in the UK North Sea, for $17 million.Ping will buy the 50 percent stake in the oil field from Summit Exploration and Production…

Shell, Petronas Carigali, Petros Get Hold of Offshore Block in Sarawak, Malaysia

Jul 28, 2021

Malaysia's Petronas has awarded Block SK437 offshore Sarawak, Malaysia to Petronas Carigali, Sarawak Shell Berhad, Petroleum Sarawak Berhad (Petros).Block SK437 is located to the southwest of the prolific Central Luconia province, measuring 2…

Wellesley, Equinor Swap Offshore Assets in Norway

Jul 27, 2021

Stavanger-based oil firm Wellesley Petroleum on Monday said it would swap certain oil and gas assets offshore Norway with the Norwegian energy giant Equinor. Equinor will take a 40% participating interest in licenses PL090 JS, PL248 I and PL925…

OGTC, Partners to Invest $1,4M in Hydrogen-enabling Technologies

May 13, 2021

Scotland-based OGTC has extended its latest Call for Ideas to June 14, with the organization set to invest up to £1million (around $1,4 million) 'in game-changing technologies which will accelerate Hydrogen production, transportation, storage and utilization…

Lebanon Expands Claim in Maritime Area Dispute with Israel

Apr 12, 2021

A senior cabinet minister said on Monday he had signed a document expanding Lebanon's claims in a row with Israel over their maritime border that has held up hydrocarbon exploration in the potentially gas-rich area.The amendment would add around 1…

Blue Gem Wind Pressing Ahead with Valorous Floating Wind Farm

Feb 24, 2021

Blue Gem Wind, a joint venture between French firm Total and Irish-based Simply Blue Energy, has filed an environmental scoping report for Valorous, a proposed 300 MW floating offshore wind farm in the Celtic Sea, off Wales.Valorous is the second…

Offshore Wind Firm Atlantic Shores Signs Deal with Six Unions to Train and Hire New Jersey Workers

Feb 18, 2021

Offshore wind developer Atlantic Shores Offshore Wind -  a U.S. joint venture between Shell and EDF, has signed a memorandum of understanding (MOU) with six unions operating in New Jersey as part of its bid submission, 'committing to help develop and employ a productive…

Aker Offshore Wind, Aker Horizon, Statkraft in Offshore Wind Pact

Jan 27, 2021

Norway's Aker Offshore Wind and its and its majority owner Aker Horizons have entered into a cooperation agreement with Statkraft to explore possibilities for collaboration on offshore wind power projects on the Norwegian Continental Shelf (“NCS”)…

Jersey Oil & Gas Sees 'Significant' Increase in Buchan Oil Field Resources

Jan 26, 2021

UK-focused oil and gas firm Jersey Oil & Gas (JOG), on Tuesday announced a significant increase in 2C contingent resource estimate for the Buchan oil field, within the Greater Buchan Area ('GBA') in the UK North Sea.Dynamic reservoir modeling…

Four Firms Looking to Develop Green Hydrogen Hub in Hamburg

Jan 22, 2021

Shell, Mitsubishi Heavy Industries (MHI), Vattenfall, and municipal company Wärme Hamburg are planning to jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity.  In addition…

Hibiscus Pushes North Sea Field Development FID to March 2021

Dec 09, 2020

Malaysian oil and gas operator Hibiscus Petroleum has said that the final investment decision for the development of its Marigold cluster in the UK North Sea, will be made in March 2021, and not in December 2020, as previously expected, citing Covid-19 effects…

Fugro Nets Survey Work at Netherlands’ Largest Offshore Wind Farm Zone

Dec 08, 2020

Dutch offshore survey services firm Fugro has won three geotechnical investigation contracts for IJmuiden Ver, the largest offshore wind farm (OWF) zone to be developed in the Dutch part of the North Sea. IJmuiden Ver Wind Farm Zone (IJVWFZ) is located 33…

Woodside, BHP Get Scarborough Production Licenses Offers

Nov 09, 2020

Australian oil and gas company Woodside has informed that the company and BHP, partners in the Scarborough offshore gas field in Australia, have received offers for the grant of petroleum production licenses for the blocks containing the gas field…

Current News

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GE Charters Acta Marine's SOV for French Offshore Wind Farm Work

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BSOG Installs Ana Platform in Black Sea, Offshore Romania

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