U.S. oil company ConocoPhillips and Polish firm PGNiG last Friday received consents from the Petroleum Safety Authority Norway to drill their respective exploration wells offshore Norway.ConocoPhillips received approval to drill the Lamba exploration well in block 25/7 in the North Sea…
Lebanon said on Monday it would invite a U.S. mediator to Beirut to continue negotiations over a disputed maritime boundary with Israel to prevent any escalation after accusing Israel of encroaching on contested waters.The issue flared up on…
Charles Rattray has been appointed the CEO of Star of the South, Australia’s first planned offshore wind project, and will start his role in August.Rattray was previously the Managing Director of Nexif Energy, where he oversaw energy projects…
Impact Oil & Gas is considering selling its 20% stake in a large block in deep water off the coast of Namibia where TotalEnergies made a significant oil discovery this year, four industry sources told Reuters.Impact, which is privately owned and focused on exploration in Africa…
The Crown Estate for England, Wales, and Northern Ireland said Monday it has committed £50million (around $62,7 million) to enable the coexistence of offshore wind farms with a thriving marine environment.Since the launch of the UK Government’s…
The Timken Company said Monday it was designing and supplying main shaft bearings for GE Renewable Energy's Haliade-X, the world's most powerful offshore wind turbine.Each Haliade-X turbine will have a capacity of up to 14 MW and be able to generate up to 74 GWh of clean energy a year…
Norwegian energy giant Equinor said Monday that the first of 11 floating wind turbines that will make up its Hywind Tampen floating wind farm in the Norwegian North Sea, had reached the offshore location.As Offshore Engineer reported last week…
China's Dajin Heavy Industry has signed a binding contract for the construction and delivery of XXL monopiles for the 860MW Moray West offshore wind farm in the UK.According to Dajin, the XXL Monopiles will be 'one of the largest to be installed…
VAALCO Energy on Monday announced the successful drilling of the South Tchibala 1HB-ST well, offshore Gabon. The well was drilled from the Avouma platform in the Etame field, offshore Gabon. The company said it had discovered significant columns of multiple hydrocarbon-bearing sands in the Dentale…
Lebanon warned Israel on Sunday against any 'aggressive action' in disputed waters where both states hope to develop offshore energy, after a ship arrived off the coast to produce gas for Israel.President Michel Aoun said any activity in the…
Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.Ahead of drilling, the Sasanof prospect…
Oil futures jumped on Monday, with Brent rising above $120 a barrel after Saudi Arabia hiked prices for its crude sales in July, signaling tight supply even after OPEC+ agreed to accelerate output increases over the next two months.Brent crude was up 91 cents…
The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on Friday.The handling of Zama, a deposit holding some 900 million barrels and located offshore in the southern Gulf of Mexico…
Oil and gas company SapuraOMV has recently completed drilling operations at the Kanga-1 well offshore Western Australia without encountering commercial hydrocarbon volumes.SapuraOMV used the Diamond Offshore Ocean Apex semi-submersible drilling rig…
The Guyanese economy has recovered well after the COVID-19 pandemic thanks to an oil boom, the International Monetary Fund (IMF) said on Friday, but the country must be wary of over-dependence on oil income.The tiny South American nation has…
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