The Biden administration on Monday challenged a federal judge's decision in June to block the Interior Department's pause on oil and gas leasing on public lands and waters - a critical piece of its climate change policy - but will proceed with leasing during the appeals process…
The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed South Fork Wind project offshore New York and Rhode Island.South Fork Wind - proposed by Orsted and Evercore - would be New York’s first…
Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil, the production chief of state-controlled Petrobras said in an interview.Brazil oil…
Santos Ltd expects its planned takeover of Oil Search, creating a A$20 billion ($15 billion) company, will help the combined group weather the energy transition better than if they remained separate.The companies agreed an all-scrip deal earlier…
Major U.S. oil industry groups on Monday sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to hold regular sales.The American Petroleum Institute (API)…
Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources familiar with the matter said on Monday.Potential…
Belgium-based offshore installation firm Deme Offshore has informed that the jacket for the Saint-Nazaire offshore wind substation in France has been successfully installed over the weekend. DEME said Monday that the 48 meters tall jacket would be held in place by four foundation piles…
Nigerian President Muhammadu Buhari signed into law an oil overhaul bill that has been in the works for nearly two decades, a presidential spokesman said on Monday.The package overhauls nearly every aspect of the country's oil and gas production…
TotalEnergies nad Macquarie’s Green Investment Group (GIG) and have recently secured an electricity business license (EBL) for their floating offshore wind project located off the coast of Ulsan, South Korea.This is the first floating offshore…
Brazilian oil company Petrobras has awarded Fugro a three-year contract for subsea inspection, repair, and maintenance (IRM) services in Brazil.The contract is set to start in the fourth quarter of Q4 2021.Fugro will deploy the Fugro Aquarius…
Oil major Chevron Corp is postponing the full return of employees in California and Texas, joining a clutch of companies like Facebook Inc and Amazon.com Inc that have done the same because of a resurgence in coronavirus cases related to the fast-spreading Delta variant…
Fredrik Amundsen has resigned from his position as CFO of TGS, a Norwegian oil and gas seismic data company.Amundsen had been the CFO since February 2020, having previously served as Executive Vice President (EVP) Europe at TGS.'The company…
KDS JV, a joint venture between offshore vessel owner DOF Subsea and offshore equipment maker and service provider Aker Solutions, has secured a subsea decommissioning contract for DNO at the Norwegian Continental Shelf. The contract includes engineering…
Oil and gas producers in the U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers who had been seen as the industry's future.The dominance of…
Australian oil company Woodside confirmed Monday it has been in talks with BHP over the potential acquisition of BHP's oil and gas business.'Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum…
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