Namibia expects the first oil from major offshore finds by 2030 and is considering a Floating Production Storage and Offloading (FPSO) platform to help it export the crude oil, its petroleum commissioner said on Wednesday.Namibia, which has yet to produce any oil and gas…
Malaysian oil and gas company Hibiscus Petroleum has received UK regulator approval to acquire a stake in a UK North Sea license from Rapid Oil, as proposed in late August 2023.Hibiscus Petroleum's subsidiary Anasuria Hibiscus, and Ping Petroleum on August 30…
Norwegian oil and gas company Vår Energi has contracted technology supplier Vissim to implement upgraded oil spill detection technology at its offshore installations in Norway.Vissim will provide a new and upgraded oil spill detection solution…
Dutch firm SBM Offshore said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following…
New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for existing contracts to sell power.The state denial could…
A gas pipeline and a data cable connecting Finland and Estonia under the Baltic Sea sustained damaged on Sunday due to 'outside activity' according to Helsinki, stoking concern over the security of energy supply in the region.Finland's neighbor Norway is Europe's largest gas exporter…
The Baltic Power offshore wind farm project, a joint venture of ORLEN Group and Northland Power Inc., has awarded the EPCI contract for the two offshore substations for the Baltic Power Project to a consortium consisting of Bladt Industries…
North Star, a UK-based offshore vessel owner, with a growing fleet of offshore wind support vessels, has hired sustainable shipping specialist Dr Tamara Topić to lead on the implementation of its environmental, social, and corporate governance (ESG) strategy…
Norway and Lithuania tightened security at onshore energy installations, following Sunday's gas pipeline gas leak in the Baltic Sea, while Finland recommended energy operators to be more aware of security.On Tuesday, Helsinki said damage caused…
Japan's Marubeni Corp has pledged to invest 10 billion pounds ($12.3 billion) with partners over the next decade in clean energy in the United Kingdom, according to a memorandum of understanding (MoU) signed on Wednesday. Marubeni and the UK government signed the MoU…
COSCO SHIPPING Heavy Transport shared images on Wednesday of its semi-submersible heavy lift and transportation vessel carrying a massive semi-submersible drilling rig.The company, which specializes in the handling of heavy cargoes, did not…
Oceaneering's Brazilian subsidiary, Marine Production Systems do Brasil, has secured a five-year contract from the Brazilian oil company Petrobras for the operation of three existing drill pipe riser (“DPR”) systems to support intervention and completion operations in Brazil…
Oil and gas company Kosmos Energy has made an oil discovery at the Tiberius exploration well in the U.S. Gulf of Mexico near the Occidental-operated Lucius SPAR production facility.According to Kosmos, the Tiberius exploration well tested a four-way structural trap in the outboard Wilcox trend…
Between 2017-2022 renewables met 51% of new energy demand, while the remaining demand was supplied by fossil fuels, according to DNV’s Energy Transition Outlook.'Renewables are still just meeting increased demand rather than replacing fossil fuels…
NATO will discuss damage to a gas pipeline and data cable running between member states Finland and Estonia, and will mount a 'determined' response if the cause is proven to be a deliberate attack, NATO Secretary General Jens Stoltenberg said on Wednesday…
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