Australia's competition regulator approved Woodside Petroleum's agreed $28 billion merger with BHP Group's petroleum arm on Thursday, saying it would not reduce competition in the domestic gas market.The Australian Competition and Consumer Commission…
British oil services firm Petrofac Ltd said on Thursday it expects its revenue for the financial year to be down by about a quarter, as low order intake and the coronavirus pandemic continued to dent its operations.The company forecasts its annual revenue to come in at about $3 billion…
By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to DNV’s Ocean’s Future to 2050 report.'The exponential…
Oil and gas company Lime Petroleum received approval from the Norwegian authorities to acquire Repsol’s 33.8434 stake in the Brage field in the North Sea, offshore Norway.'With this approval, the acquisition is expected to be completed by December 31…
Vår Energi, the largest independent upstream oil and gas company on the Norwegian continental shelf, has said it has entered a joint industry project to develop a more environmentally friendly method for seismic data collection.'Seismic data…
Viaro Energy's subsidiary Rockrose UKCS 10 Ltd has struck a deal to sell its 28% non-operated stake in the Foinaven offshore oil field, west of Shetland, to BP.The Foinaven oil field sits 190 kilometers west of Shetland in water depths of between 350 and 520 meters and is operated by BP…
Belgium-based DEME Offshore has won a contract to deliver and install inter-array cables at the Dogger Bank C offshore wind farm in the UK.Dogger Bank C is the third phase of the 3.6 GW Dogger Bank Wind Farm which will be the world's largest offshore wind farm once fully complete…
Norway-based crane manufacturer Red Rock has won an order from shipbuilder Vard for equipment supply for a service operations vessel (SOV) ordered last week by North Star Renewables for work on the Dogger Bank offshore wind farm in the UK.As previously reported…
American Bureau of Shipping (ABS) has awarded China's Wison Offshore & Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines.Designed for use in the South China Sea to support the emerging Chinese offshore wind industry…
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil and 17.5 million cubic feet of gas, the Ivorian government said on Wednesday.Production will then ramp up in 2026 to between 75…
Five companies have applied to build carbon dioxide (CO2) storage on the Norwegian continental shelf, the country's oil and energy ministry said on Wednesday.The ministry proposed in September two offshore areas, one in the North Sea and one in the Arctic Barents Sea…
U.S.-based Helix Energy Solutions Group has secured an extension of its well intervention charter and services contracts with Brazil's Petrobras for the Siem Helix 2 well intervention vessel.'The initial four-year contract for the Siem Helix…
BP – the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) – has awarded contracts as part of its dual Front End Engineering Design (FEED) competition to two separate consortiums of engineering, carbon capture licensors…
UK-based tidal energy technology firm Orbital said Wednesday it would qualify multiple applications for submission into the UK Government’s Allocation Round 4 (AR4) of the Contracts for Difference (CfD) scheme.'Following a series of good news stories for tidal energy commercialization in 2021…
Oilfield consultancy company Oil Plus has said it has won a deal to develop the maintenance strategy and program for DeNovo’s renewable energy powered Zandolie platform, located offshore western Trinidad.The unmanned gas producing installation…
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