VAALCO Energy said Monday that the Government of Equatorial Guinea has approved the Venus - Block P Plan of Development (“POD”). VAALCO has an 80% participation interest in the project and is the operator. Upon the execution of final documents…
India's state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil's national oil company Petrobras PETR4.SA to help it diversify its crude oil sourcing.Indian state refiners rarely buy Brazilian oil. The Memorandum…
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday.Though the initial amount to be delivered is relatively small…
U.S. oil firm Hess has started gas production from the North Malay Basin (NMB) Phase 3 project in Block PM302, located 290 kilometres offshore Peninsular Malaysia.Malaysian oil and gas giant Petronas shared the news of production startup on Monday…
India's Oil and Natural Gas Corp ONGC.NS said on Monday there was no clarity on the resumption of its oil and gas project Sakhalin-1.Production at Sakhalin-1 was 'minimized' shortly after the Ukraine war started and there is no clarity or timeline yet when it could be resumed…
State-owned QatarEnergy on Saturday signed an agreement with French supermajor TotalEnergies for the North Field South (NFS) expansion and its chief executive said more partnerships would be announced for the project later.QatarEnergy chief Saad Sherida Al-Kaabi said TotalEnergies would have a 9…
The Norwegian arm of Austrian energy and petrochemicals company OMV has confirmed that the Oswig exploration well in the Norwegian North Sea has made a gas-condensate discovery. OMV (Norge), as operator, said that it and its partners had now…
Maersk Drilling has been awarded a contract with INEOS E&P A/S drilling two development wells and intervention work offshore Denmark. The contract is for use of the harsh-environment jack-up rig Maersk Resolve. The two development wells will be drilled at the Solsort field…
TechnipFMC has been awarded a significant engineering, procurement, construction and installation (EPCI) contract by Shell for the Jackdaw development in the UK North Sea.The contract covers pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform…
A rig contract for drilling the OMV-operated Velocette exploration well in the Norwegian Sea has been signed, according to partner in the project North Sea oil and gas company Longboat Energy.The company says that Velocette (PL 1016) will be drilled using the semi-submersible Transocean Norge…
Zenith Energy has made an offer to the Republic of Benin operate Block 1 containing the 'largest and most prospective oilfield in the country'. The shallow water block in the Gulf of Guinea contains the Sèmè oilfield, which was discovered in 1968 and produced for 14 years…
Norwegian energy firm Equinor has extended two contracts for the use of floating accommodation units with Norway-based Floatel International. The contracts are for the Floatel Endurance and the Floatel Superior, both in the Norwegian North Sea…
Floating wind developer Hexicon has appointed China's Mingyang as the preferred wind turbine generator (WTG) supplier for its TwinHub project in the Celtic Sea. Hexicon has also awarded the firm the WTG front end engineering and design (FEED) contract for the project…
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator.The pilot was launched yesterday (September 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot…
President Emmanuel Macron on Thursday said he will cut red tape to halve the time it takes in France to get renewable projects off the ground, stressing that was crucial at a time when Europe faces a serious energy crunch amid the war in Ukraine…
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