An activist shareholder who last year convinced a majority of ConocoPhillips investors to approve a measure calling for emission cuts said the oil major did not fully follow through and said he expects to win even more support this year for a similar proposal…
Angolan state oil company Sonangol has sold one of its May-loading cargoes and trimmed offers of others to boost sales, traders said on Tuesday.Angolan oil has experienced one of its slowest trading cycles in years with April volumes just about…
China's top offshore oil and gas producer CNOOC Ltd. is preparing to exit its operations in Britain, Canada, and the United States, because of concerns in Beijing the assets could become subject to Western sanctions, industry sources said.Ties…
Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country's leading economic institutes said on Wednesday, and the government said the war in Ukraine poses 'substantial risks' for Europe's largest economy…
Norwegian oil company Aker BP produced 208,200 barrels of oil equivalents per day (boepd) in the first quarter, up from 207,000 boepd in the previous three months, the company said on Wednesday.However, output remains below the company's guidance of 210…
Malaysian engineering company MTC has said it has, as part of a consortium, secured the bid to deliver an FPSO for Medco Energi's Forel field in South Natuna Block B, offshore Indonesia. A consortium consisting of MTC Engineering, PT Hanochem Tiaka Samudera…
Offshore drilling firms Maersk Drilling and Noble Corporation, which are working to merge their businesses, might need to sell certain offshore rigs in the North Sea to obtain antitrust clearance from the UK Competition and Markets Authority…
Dutch offshore installation company Heerema Marine Contractors has completed the lifting and installation of the three Tyra West wellhead and riser platforms, the utility- and living quarters, and two bridges at TotalEnergies' Tyra redevelopment project in the Danish North Sea…
Spanish power utility Iberdrola is seeking buyers for minority stakes in its three offshore wind projects in the German Baltic Sea, two sources with knowledge of the matter said.Iberdrola earns most of its income from renewable energy and power…
Danish offshore vessel operator Maersk Supply Service has won a call-off contract with Moreld Ross Offshore in Norway for the use of the Maersk Minder AHTS.'Already one of the newest, most fuel-efficient, and eco-friendly vessels in our fleet…
U.S. oil firm Murphy Oil Corporation has started oil production from the Khaleesi, Mormont, and Samurai field development project in the deepwater section of the U.S. Gulf of Mexico.Production has started flowing this month from the Murphy-operated King’s Quay floating production system…
OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signaled it would not pump more.European Union officials…
UK-based company EnerMech has won a five-year contract in Australia with Japanese oil and gas company INPEX for the provision of inspection and maintenance services at Ichthys gas project.Under the contract, of an undisclosed value, EnerMech…
Oilfield services group Hunting has won a contract to provide titanium stress joints for ExxonMobil's Yellowtail oilfield development project in the Stabroek Block offshore Guyana.Hunting said its Direct Pull-Through installation methodology…
French TotalEnergies and Polish KGHM have partnered up to take part in a tender for the development of offshore wind projects in Poland.The Polish government has launched a new auction scheme covering 11 areas in the Polish Baltic Sea, representing an expected total capacity of over 10 GW…
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