Colombian energy producer Ecopetrol ECO.CN aims to boost its oil and gas output by just over 40% to around 1 million barrels of oil equivalent per day (boepd) in 2030 and plans to start a pilot carbon capture storage (CCS) project, a senior company executive said…
The United Arab Emirates is eyeing investments in Turkey's energy sector, ports and railways, Foreign Minister Abdullah bin Zayed Al Nahyan said on Friday.Speaking at a joint press conference with Turkish counterpart Mevlut Cavusoglu in Istanbul…
Oil and gas company Trident Energy said Thursday it had completed its first Brazilian subsea campaign to connect the MA-34 production well to the P-08 semi-sub platform, as part of its plans to enhance production on its Pampo field.'Trident…
The FPSO Atlanta, contracted by the Brazilian oil company Enauta to Malaysia's Yinson for conversion to service the Atlanta Field offshore Brazil, will be operated under ABS Class.The Atlanta, which will serve as the Definity Production System at the Atlanta Field in the Santos Basin…
UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total. Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study…
Australian oil and gas company Western Gas has started drilling the Sasanof-1 exploration well offshore W. Australia, using Valaris' MS-1 semi-submersible offshore drilling rig.Western Gas said Friday that the well had been spudded with the jetting of the 36” conductor at a water depth 1068…
Subsea services provider DeepOcean and the Norwegian offshore vessel owner Østensjø Rederi have agreed for Østensjø's Edda Freya vessel to remain with DeepOcean for longer, on a new 2-year charter.“We are pleased that we have come to an agreement with DeepOcean for Edda Freya…
Independent directors of the Chevron Board have selected Dr. Wanda M. Austin as lead independent director, effective May 25, 2022. Dr. Austin succeeds Dr. Ronald D. Sugar in that role, who will remain on the Chevron Board. Austin has served on the Chevron Board since December 2016…
FPSO supplier BW Offshore said Thursday that Shell had awarded it limited notice to proceed (LNTP) by Shell and its partners for early-stage engineering and supplier reservations for the supply of an FPSO for the Gato do Mato (Wild Cat) oil and gas field offshore Brazil…
Offshore installation services company Subsea 7 said Thursday it had won a major contract with Petrobras in Brazil. Subsea 7 defines a major contract as being over $750 million.The contract is related to the development of the Búzios 8 field…
The Biden administration on Thursday proposed auctioning five areas off the coast of California for offshore wind development, a critical milestone in expanding the nascent U.S. industry to Pacific waters.It is the latest in a government effort to put wind turbines along every U…
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a package of support for households struggling to meet rising energy bills.The announcement marks a change of heart for Prime Minister Boris Johnson's…
RWE Renewables has informed that Awel y Môr offshore wind farm, which could provide power for up to 500,000 homes, has passed a key milestone after proposals were submitted to, and accepted for consideration by the UK Planning Inspectorate…
Norway's Equinor plans to make a final investment decision on what would be its first offshore wind farm in South Korea as early as 2024, and is now considering a third, larger project in the country, the head of its local unit said.'We are…
The Petroleum Safety Authority Norway (PSA), the Norwegian offshore oil and gas safety watchdog, has launched an investigation into an incident involving a gas leak on Equinor-operated Statfjord B platform in the North Sea, off Norway. According to the PSA…
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