Estimates for progress and costs at Norway’s Snøhvit Future project have been revised, with the gas project delayed and projected costs rising by around $390 million (NOK 4 billion) compared with 2024.The Snøhvit Future project, which includes…
Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project:'The Coastal Virginia Offshore…
Shell and INEOS Energy have confirmed an oil discovery in the Norphlet formation in the Gulf of America that could be tied back to the Appomattox production platform.The Nashville exploration well, operated by Shell with a 79% working interest…
Harbour Energy has entered into an agreement to acquire LLOG Exploration Company for $3.2 billion, marking its entry into the deepwater U.S. Gulf of America and strengthening its global offshore portfolio.The deal, which includes $2.7 billion in cash and $0…
Harbour Energy and its partner Petoro have proven gas condensate in the Camilla Nord prospect in the North Sea.The wildcat wells 35/8-8 S and A were drilled in production licenses 248 LS and 248 B, which are part of the Vega Unit in the North Sea…
The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply…
Velesto has entered into a sale and purchase agreement with PT Indonesia Drilling Energy for the sale of its jack-up drilling rig, NAGA 3, for a total cash consideration of $63 million.The divestment of NAGA 3, built in 2010, is in line with the group's ongoing fleet optimization…
BW Energy has, in a consortium with Maurel & Prom, signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy.Within this transaction, BW Energy’s net share will be 10% in Block 14 and 5% in Block 14K…
Harbour Energy has agreed to acquire all the subsidiaries of Waldorf Energy Partners and Waldorf Production for $170 million, strengthening its position in the UK North Sea and adding oil-weighted production.The assets are being acquired from administration…
A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U…
Swedish wave energy developer CorPower Ocean has been put in charge of $35 million (€30 million) European project aimed at improving the competitiveness and bankability of wave energy farms, with large-scale validation work planned in U.K. waters…
Harbour Energy has agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to Prime Group for $215 million in cash, as the U.K.-listed producer continues to streamline its portfolio…
Great British Energy, a state-owned energy company, unveiled a five-year strategic plan on Thursday aimed at accelerating the country’s transition to renewable power to help meet its climate targets.Britain is seeking to largely decarbonize its power sector by 2030…
Harbour Energy, a North Sea-focused producer, said on Monday it expected to cut 100 offshore jobs as part of an organisational review of its UK business.Lower commodity prices and an uncompetitive tax regime have pressured the UK oil and gas sector…
Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner…
Subscribe
