Shell Plc on Wednesday told workers at its Prelude floating liquefied natural gas (FLNG) facility it would stop paying them as of Monday after they extended industrial action for two more weeks over a long-running wage dispute.Shell last week began shutting down the 3…
Norwegian oil company Aker BP posted upbeat second-quarter results on Wednesday and said it will raise its dividend payments in the second half of the year, as it continued to benefit from high oil and gas prices due to the war in Ukraine.Earnings before interest…
Indonesia is offering five exploration oil and gas working areas and one exploitation working area across the country in its first bidding round of this year, a senior energy official said on Wednesday.The oil and gas blocks have a total potential resources of 3…
The UK government on Tuesday gave green light for six fixed offshore wind projects, with the potential to generate renewable electricity for more than 7 million households.The Secretary of State for Business, Energy and Industrial Strategy gave…
Workers at Shell Plc's Prelude floating liquefied natural gas (FLNG) facility off northwestern Australia have extended industrial action to Aug. 4 over a prolonged pay fight, the Offshore Alliance said on Wednesday.Shell last week began shutting down the 3…
Norwegian oil company Equinor has awarded further work for Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The deal is awarded under the continued optionality mechanism provided for in the contract entered into by the two companies in May 2021…
Russian gas flows via the Nord Stream 1 pipeline are seen restarting on time on Thursday after the completion of scheduled maintenance, two sources familiar with the export plans told Reuters.The pipeline, which accounts for more than a third of Russian natural gas exports to the European Union…
Offshore installation and decommissioning contractor Allseas said Tuesday it had successfully removed and transported to shore Repsol Norge’s 30,000-tonne Gyda platform 'in a matter of days.'According to the company, Allseas' Pioneering Spirit…
Farhat Bengdara, who was declared chairman of Libya's National Oil Corp last week by the Government of National Unity in Tripoli, said his appointment did not change the company's legal position after its validity was challenged.'I am aware…
Oilfield services provider Halliburton Co on Tuesday posted a nearly 41% rise in second-quarter adjusted profit compared to the first quarter, and predicted multiple years of growth in demand for drilling.Driven by high oil prices, the increase…
Italian prosecutors on Tuesday dropped criminal proceedings over a $1.3 billion Nigerian oilfield deal, clearing energy majors Eni and Shell, as well as managers, including Eni Chief Executive Claudio Descalzi.Attorney General Celestina Gravina…
Norwegian oil and gas company Equinor has restarted oil production from the Peregrino offshore field after it was suspended in April 2020.The field was brought back online on June 16, 2022. Production was shut down in April 2020 and Equinor has since thenexecuted a major program of maintenance…
Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has agreed to buy interests in two shallow-water offshore blocks in Angola from the Croatian oil company INA - Industrija Nafte.To remind, Afentra in April agreed to buy a 20% non-operated interest in Block 3/05…
Dutch marine services firm Van Oord has, via its offshore wind subsidiary Van Oord Offshore Wind, awarded Eidesvik Offshore a five-year contract for its Subsea Viking multi-purpose support vessel.The contract, of an undisclosed value, will start in the first quarter of 2023…
Sparrows Group said Tuesday it had secured a contract worth approximately £50 million (around $60 million) with a major UKCS operator to provide crane management services across its operating assets in the North Sea. It did not say who the client was…
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