A Dutch climate activist group launched a new court case against Shell on Tuesday in the Netherlands, demanding that the British energy major immediately end its investments in new oil and gas projects.Like a number of its peers seeking to capitalise…
Norway's combined oil and gas production exceeded an official forecast by 2.8% in March, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Oil and gas producer Sable Offshore said on Monday it was ramping up production across its California assets as more wells come online and a third platform is set to begin operations later this year.Its shares were up 3.7% in premarket trading…
Jadestone Energy has signed a gas sales and purchase agreement with PV Gas, a subsidiary of state-owned Petrovietnam, for the supply of gas from the Nam Du and U Minh discoveries offshore Vietnam.The agreement sets out terms for gas sales, with…
Mermaid Subsea Services (UK) has extended its contract for the subsea support vessel Island Valiant, reinforcing its position in the North Sea decommissioning market.The vessel has supported Mermaid’s operations in the region for the past three years…
China-based offshore wind foundations manufacturer Dajin Heavy Industry has launched a 40,000 DWT deck carrier, KING TWO, at its Panjin shipbuilding facility.The vessel, launched on April 19, is the second large-scale deck carrier built at the facility…
Data and intelligence firm TGS has extended the ongoing multi-year proprietary Ocean Bottom Node (OBN) acquisition contract in the Gulf of America.TGS said the OBN acquisition contract has been extended for three more years.“This continuation…
Norwegian oil and gas firm OKEA has agreed to sell its 20% working interest in the PL1119 license, which contains Mistral discovery, to Japex Norge for $30 million.The transaction, effective from January 1, 2026, is subject to customary government…
Offshore drilling contractor Odfjell Drilling has reported an equipment handling incident on its Deepsea Atlantic rig, which caused a blowout preventer (BOP) to drop to the seabed and prompted a suspension of operations.The incident occurred on April 18 while running the BOP…
A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 billion project…
The stop-start shipping traffic through the Strait of Hormuz underscores the profound uncertainty hanging over the world’s most critical oil and gas chokepoint. But one thing is already clear: even if the guns fall silent, flows through the…
Oil prices jumped more than 6% in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted…
Italy’s Eni has made a gas discovery offshore Indonesia with estimated resources of about 5 trillion cubic feet (tcf) of gas and 300 million barrels of condensate.The discovery was made by the Geliga-1 exploration well in the Ganal block in the Kutei Basin…
Astro Offshore has added a new ultra-deepwater multi-purpose support vessel (MPSV) to its fleet, strengthening its subsea capabilities and expanding into international markets.The vessel, Energy Savannah, which will be renamed Astro Atlas, is…
Brazil’s Petrobras has signed an agreement to acquire a 75% stake and assume operatorship of Block 3 offshore São Tomé and Príncipe from Oranto Petroleum.The block is currently held by Oranto, which has a 90% interest and acts as operator, alongside…
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