Papua New Guinea-focussed Oil Search Ltd said on Tuesday its A$8.8 billion ($6.21 billion) buyout by Santos Ltd received overwhelming support from its shareholders, getting over 95% votes in favor of the deal.Shares of Oil Search rose as much as 3…
BP supports the addition of U.S. oil crude grade WTI Midland to global dated Brent, suggesting the removal in the medium-term of Brent and Forties grades from the benchmark as flows have evaporated, according to a document seen by Reuters.Dated Brent…
Oilfield services firm Halliburton on Monday warned the world is headed for a period of energy scarcity following years of underinvestment in bringing more fossil fuels to market.'For the first time in a long time, we will see a buyer looking for a barrel of oil…
Saudi Arabian national oil company Saudi Aramco has awarded a contract extension to Australian engineering firm Worley’s services for support on Saudi Aramco’s offshore facilitiesUnder the contracts, Worley will continue to provide project management…
French offshore cable making and installation firm Nexans has confirmed it has won a contract to manufacture and install a power cable system that will deliver electricity directly from the Norwegian power grid to the Oseberg field center in the North Sea…
Swedish firm OX2 has applied for a permit under the Act on Sweden's Exclusive Economic Zone to build an offshore wind farm off the coasts of Falkenberg and Varberg in the Swedish economic zone.The wind farm is called Galatea-Galene and is divided into two sub-areas…
Dutch offshore installation and construction firm Heerema Marine Contractors (HMC) has renewed its Long-Term System Support Program (LTSSP) contract with Kongsberg Digital for another five years.The LTSSP is in support of a K-Sim Offshore Crane simulation system…
Offshore installation firm Jan De Nul Group has secured a contract with Vattenfall to transport and install 41 wind turbines of 8.4 MW each at the Vesterhav Nord & Syd offshore wind projects in Denmark.The offshore wind projects will produce…
Oslo-listed company Carbon Transition has appointed Nils Haugestad as interim CEO as of December 6, 2021. Haugestad will also remain in his position as CFO of the company.Haugestad has been with the company since April 2020, having joined from…
South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seismic oil exploration they say will threaten marine wildlife such as whales, dolphins, seals, and penguins on a pristine coastal stretch.A South…
The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp, which now controls the project, said on Monday.'We…
Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources told Reuters.But on Thursday Royal Dutch Shell…
Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine…
Oslo-listed firm Carbon Transition said Friday it had entered into a new multi-client seismic data licensing contract with an undisclosed customer.'Under the contract, the customer will license certain data from Carbon Transition’s Utsira multi…
Oslo-listed ocean bottom node seismic specialist Magseis Fairfield said Friday it had won a 4D Ocean Bottom Node (OBN) survey contract in the Gulf of Mexico from a repeat customer. It did not say who the client was.The survey will be conducted with Magseis Fairfield’s ZXPLR technology…
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