The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.In a statement, Petroleo Brasileiro SA, as the company is officially known…
Occidental Petroleum Corp expects its low-carbon business to generate earnings equal to its oil and gas production business in the coming decades, Chief Executive Vicki Hollub told analysts on Tuesday.Occidental has been an early mover among U…
Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters…
3D at Depth, a company specializing in commercial Subsea LiDAR (SL) laser technology, and a provider of underwater survey services and 3D data solutions, on Tuesday announced the launch of its offshore Geophysical Survey Services division. According to 3D at Depth…
CWind, offshore wind crew transfer specialist, on Tuesday announced the delivery of what it described as 'the world’s first hybrid-powered Surface Effect Ship (SES),' the CWind Pioneer crew transfer vessel.CWind said that the crew transfer vessel…
Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…
Danish energy infrastructure investments firm Copenhagen Infrastructure Partners is looking to build what it says is Europe’s largest production facility of CO2-free green ammonia, with the final product aimed at the shipping and agriculture sector as a means to reduce emissions…
UK-based oil company Premier Oil said Monday that all of the regulatory conditions relating to its merger with Chrysaor 'have now been satisfied and all of the requisite anti-trust approvals have been received.'Premier oil said following receipt of notice from the Oil and Gas Authority (OGA)…
Belgian offshore installation company DEME Offshore has been awarded a substantial contract to deliver foundations for Parkwind's offshore wind farm in the Baltic Sea, offshore Germany.DEME Offshore will be responsible for engineering, procurement…
Oil and gas company Neptune Energy said Tuesday it had brought online the Gjøa P1 development in the Norwegian sector of the North Sea.Gjøa P1 has been developed via a new subsea template, tied back to existing infrastructure on the Gjøa field…
Oilfield services company TechnipFMC has won a 'substantial' contract by Petronas Carigali in Malaysia for the provision of subsea systems and associated equipment for the Limbayong deepwater development offshore Malaysia. TechnipFMC will, through its subsidiary FMC Wellhead Equipment…
Brazilian oil and gas company Enauta has resumed production from its Atlanta offshore oil field, in the Santos Basin, in Brazil.Enauta, previously known as Quireoz Galvao, had in November 2020 announced the 'preventive suspension' of Atlanta field’s production…
UK-focused oil company Tailwind has reached a final investment decision (FID) on its Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA last week.The Evelyn field is part of the Triton Cluster. Tailwind…
Poland is racing against the clock to authorize subsidies for Baltic offshore wind power projects totaling 5.9 gigawatts by mid-2021, the climate minister said on Monday, as the country tries to shift away from its heavy dependence on coal.The…
Italian offshore energy services contractor Saipem has received from Qatargas a letter of award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East coast of Qatar peninsula. The contract is worth approximately $1…
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