Chinese oil and gas company CNOOC has started production from the Buzzard Phase II development in the UK North Sea.Buzzard Phase II sits around 100 kilometers northeast of Aberdeen, Scotland, with an average water depth of approximately 96 meters…
Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday.The oil and gas blocks had a total capacity of…
Denmark will hold a lottery on Dec. 1 to pick the winner of a contest to build the 1 gigawatt Thor offshore wind farm, which will be the country's largest, after several bids were made at a minimum subsidy price close to zero, it said on Thursday…
Lebanon re-launched a second offshore oil and gas licensing round for eight remaining blocks on Friday, with the deadline for submission of bids set for June 15, 2022, the Lebanese Petroleum Administration said on its website.The round was initially…
Thailand's state-owned oil firm PTT is set to expand further into pharmaceuticals as part of a consortium acquiring a unit of drugmaker Alvogen, the parent of Taiwan's Lotus Pharmaceutical, PTT said on Friday.A consortium of PTT and Icelandic…
NEO Energy has struck a deal to buy JX Nippon Exploration and Production (U.K.) Limited from its Japan-based parent company JX Nippon Oil & Gas Exploration Corporation, part of Eneos Group.JX UK holds non-operated interests in several producing…
Australian engineering firm Worley said Thursday that Tiernan O'Rourke would assume the position of Chief Financial Officer (CFO) on November 29.O'Rourke's appointment was announced back in August when Worley said he'd start in the position 'later this calendar year…
Oil and gas company Neptune Energy hosted Norway’s recently appointed Minister of Petroleum and Energy, Marte Mjøs Persen, and senior industry figures at the official opening of the Neptune-operated Gjøa P1 and Duva fields in the Norwegian North Sea…
Australia's parliament on Thursday passed legislation setting a framework for developing offshore wind farms and transmission lines, in a big boost to several multibillion-dollar proposed projects as the country looks to replace coal-fired power…
Danish offshore energy industry services firm Bladt Industries has won a deal with wind farm developer Vattenfall to deliver Transition Pieces (TP) for the two Danish offshore wind farms, Vesterhav Syd and Vesterhav Nord.The contract is for…
Serica Energy, an oil and gas company focused on the UK North Sea, has announced that the first production has been achieved from its Columbus offshore field.The Columbus field area is located 35km northeast of Shell's Shearwater production platform…
Norwegian oil and gas company Equinor has with its partners, submitted an amended plan for development and operation (PDO) to the minister of petroleum and energy Marte Mjøs Persen for the further development of the Oseberg field, with an increased focus on gas production…
Add Energy, an asset management consultancy, service, and software provider, has been hired by an unnamed 'leading FPSO operator' to complete the master data and maintenance management regime build within the company’s computerized maintenance management system (CMMS) for its new FPSO…
Brent slid nearly 4% to below $80 a barrel on Friday as a new COVID-19 variant spooked investors, adding to concerns that a global supply surplus could swell in the first quarter following the release of crude reserves by the United States and others…
Norwegian offshore vessel owner Siem Offshore has secured another offshore wind contract for its multi-purpose support vessel Siem Dorado.According to Siem Offshore, the new contract has already started and will keep the vessel utilized into the first quarter of 2022…
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