Norway's Aker BP has won permission to increase gas exports from its Skarv field, the country's energy ministry said on Monday, enabling the company to take advantage of high gas prices that now exceed the price of oil.Until now, Aker BP has…
UK-based oil and gas company Hurricane Energy said Friday it had signed a contract with Bluewater, the owner of the Aoka Mizu FPSO, for an extension to the bareboat charter beyond the current expiry date of June 4, 2022.The FPSO has been producing…
Offshore wind farm developer Ørsted will divest a 50% stake in its 1.3 GW Hornsea 2 offshore wind farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.Hornsea 2 is currently under…
The Newfoundland and Labrador Oil and Gas Industries Association, founded in 1977 to represent the supply and service sector of the offshore oil & gas industry in the region, is now called Energy NL, as the company earlier this week announced changes to its 'vision…
Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said Friday that a near-miss incident had occurred on March 20 aboard the Hibernia platform, offshore Canada.'Hibernia Management and Development Company (HMDC) has reported that on March 20…
The United States will work to supply 15 billion cubic meters of liquefied natural gas (LNG) to the European Union this year to help it wean off Russian energy supplies, the transatlantic partners said on Friday.The EU is aiming to cut its dependency…
Oilfield services firm Halliburton has won a contract with oil and gas firm Energean to assess the carbon storage potential of the Prinos basin in Greece.Halliburton said this week that its carbon capture, utilization, and storage (CCUS) experts…
Australian oil and gas firm Santos has completed drilling operations on the Pavo-1 well, drilled in the WA-438-P exploration permit, offshore W. Australia, where the company earlier this week announced a significant oil discovery.According to Carnarvon Energy…
BHP Petroleum has submitted an environment plan for the 'safe and sustainable' closure of the Griffin Gas Export Pipeline, offshore W. Australia.The Griffin Gas Export Pipeline is located within Pipeline Licence WA-3-PL, in Commonwealth waters…
Saipem will launch a 2 billion euro ($2.2 billion) capital increase this year and sell assets to help fund a turnaround plan to bring the troubled Italian energy services group back into the black.The company stunned investors in January when…
Dutch marine services company Boskalis has delivered the Hollandse Kust Zuid Beta substation topside to Tennet in the Netherlands after a long journey from Dubai, where it was built.This is the second High Voltage Alternating Current (HVAC) offshore transformer station topside…
Top Western oil producers could experience a hit to revenue if disruptions at a Russian Black Sea port curtail output from Kazakhstan's giant oilfields, highlighting the growing global supply risk after Moscow's invasion of Ukraine.Chevron, Exxon Mobil…
Japan aims to reduce its dependence on Russian energy, but Sakhalin oil and gas projects, in which the Japanese government and companies hold stakes, are important for its energy security, Japan's top government spokesman said on Friday.Shell…
Offshore drilling contractor Seadrill Limited has appointed Simon Johnson, former CEO of Borr Drilling, as its new President and Chief Executive Officer. Johnson will replace Stuart Jackson as President and Chief Executive Officer with immediate effect…
Offshore drilling contractor Diamond Offshore has received approval to relist its unrestricted common stock on the New York Stock Exchange (NYSE) under the ticker symbol 'DO.' 'The company expects the common stock to commence trading on or about Wednesday…
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