U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by one to 604 in the week to May 17…
North Sea oil and gas producers are merging and shifting overseas as Britain's windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election.The change of strategy could accelerate the decline of domestic production…
The specialized vessel Sapura Ônix is on its way to Atlanta Field in Santos Basin, offshore Brazil, where it will carry out the installation of subsea equipment to support the oil production, targeted for August 2024.Brazilian oil and gas company…
AV Dawson, owner and operator of Port of Middlesbrough, has signed a 10-year partnership agreement with Italian offshore cable manufacturer Prysmian. Prysmian first started using Port of Middlesbrough 10 years ago. Over the years, as the offshore…
Gulfstream LNG Development (Gulfstream LNG), a greenfield liquefied natural gas (LNG) export project under development in Louisiana, has received the U.S. Federal Energy Regulatory Commission (FERC) approval to start the pre-filing permitting process…
UK-based oil firm Serica Energy has received final approval from the North Sea Transition Authority (NSTA) to develop its fully owned and operated Belinda field in the North Sea.The field will be tied back to the Triton FPSO following the drilling…
Boskalis has installed the first XXL monopile foundation for Ørsted's Revolution Wind offshore wind farm using its crane vessel Bokalift 2.Boskalis will install 66 more XXL monopiles and two offshore substations for the 704 MW project.The company…
Norway's $1.6 trillion sovereign wealth fund urged Shell on Friday to give investors more information about its revised climate targets, but said it would not back a call by a group of 27 shareholders for the oil company to strengthen those targets…
Offshore installation services company Jan De Nul has ordered another XL cable laying vessel (CLV), identical to the Fleeming Jenkin, which boasts ‘unrivalled cable-carrying capacity’.Like the Fleeming Jenkin, the vessel will be 215 meters long and can transport 28…
Sif and Dillinger have strengthened their collaboration which aims to make offshore wind monopiles fully circular by signing several agreements which relate to securing low-emission steel plates for the foundations, developing decommissioning process for such infrastructure…
Australian oil and gas explorer Carnarvon Energy is seeking a buyer for the company or its assets, including its share in the Dorado oil field co-owned with local producer Santos, a document prepared by adviser JPMorgan showed.The company's strategic review…
Doris, Rosen and Spiecapag have joined force to create the Pipeline Transition Alliance, a partnership dedicated to re-purposing natural gas infrastructure to hydrogen service.As part of the alliance, Rosen will be responsible for pipeline inspection…
Hy2gen USA, the U.S. subsidiary of German-based green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a memorandum of understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind…
Italian offshore energy services firm Saipem has secured a contract from Azule Energy, a joint venture between Eni and BP, for the development of Ndungu field as part of Agogo Integrated West Hub Project, offshore Angola.Saipem’s scope of work entails the engineering…
The U.S. departments of Energy (DOE), Interior, Commerce, and Transportation has released a report summarizing their progress toward the goals of the Floating Offshore Wind Shot™, an interagency initiative to drive U.S. leadership in design…
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