Woodside Petroleum Chief Executive Peter Coleman expects to remain in the top job for around two or three more years, with the company grappling with a review of its project timeline and possible acquisitions, he said on Tuesday.While the company weighs acquisitions…
Abu Dhabi National Oil Company (ADNOC) said on Tuesday it had signed a $10 billion gas infrastructure deal with a consortium of investors, while its chief executive told Reuters the company would keep a tight lid on costs amid low oil prices…
Offshore wind turbine maker MHI Vestas Offshore Wind will source high voltage switchgear from within Taiwan, in support of offshore wind projects the company will be supplying wind turbines for.MHI Vestas Offshore Wind said Tuesday it had finalized…
Engineering and construction firm KBR Inc will exit most of its liquefied natural gas (LNG) construction and other energy projects, it told investors and employees, as customers pull back on energy investments.The company will refocus on government contracts and technology businesses…
Spanish renewable energy giant Iberdrola has struck a deal giving it an option to acquire stakes in up to eight offshore wind projects in Sweden.Iberdrola has signed the agreement with the renewables company Svea Vind Offshore AB (SVO) for the…
Malaysian national oil company Petronas is in talks to finalize a deal with an energy rich province to settle a dispute over the payment of sales tax, a lawyer for the company said on Tuesday.Petronas had been fighting Sarawak state's demand…
Australian oil and gas company Woodside has reiterated that its $4.2 billion Sangomar project offshore Senegal, is still on track to produce first oil in 2023.The company was responding to media reports stating that Senegal has been forced to…
The UK-based provider of ROV services to the offshore energy industry has opened a new office and operational base in Edinburgh, Scotland to serve its current portfolio of offshore renewable and energy projects renewable and energy projects…
Woodside Petroleum's Chief Executive Peter Coleman said the Australian firm aims to play a decisive role in Chevron Corp's plan to sell a stake in the North West Shelf (NWS) project, operated and co-owned by Woodside.Chevron last week put its…
Norwegian oil and gas company Equinor has awarded oilfield services provider Technip two contracts and a letter of intent worth up to NOK 1.8 billion ($187,1 million).Under the contracts and the letter of intent, TechnipFMC will provide pipelaying…
Dutch offshore installation specialist Heerema Marine Contractors will transport and install Dana Petroleum's P11-Unity platform, under a contract awarded by HSM Offshore.Heerema will use the Sleipnir, the world's largest semi-submersible crane vessel…
Russian oil company Lukoil has kicked off drilling operations at the Shirotno-Rakushechnaya prospect structure, in the Caspian Sea.The well is located to the north of the V.I. Grayfer field, and sits in a water depth of 5 meters. Lukoil is using the Astra offshore rig…
Norwegian oil company Aker BP has completed the drilling program at its Valhall Flank West project in the North Sea, offshore Norway.Aker BP said last Friday that, over the course of 11 months, the Maersk Invincible drilling rig had set 12 conductors…
China aims to produce 1% more crude oil this year than in 2019 and to boost natural gas output by 4.3%, official targets showed on Monday, as the country seeks to safeguard energy security even after a coronavirus-driven collapse in oil prices…
Offshore wind developer Innogy has chosen giant 14 megawatt (MW) offshore wind turbines for its flagship 1.4 gigawatt (GW) Sofia Offshore Wind Farm, located 195 kilometers from the UK coast on Dogger Bank in the shallow area of the central North Sea…
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