The Celtic Sea is well positioned to maximize its position as an early hub for floating offshore wind. Still, it’s’ going to be a huge industrial challenge not unlike the oil industry faced when developing the Brents in the 1980s, today’s Floating Offshore Wind conference in Aberdeen heard…
Malaysia's Petronas has signed a Production Sharing Contract (PSC) with TotalEnergies, Petronas Carigali, and Shell for Block 2K, an ultra-deepwater block off the coast of Sabah, Malaysia.According to Petronas, Block SB 2K, with a depth of up to 3…
Norwegian police on Thursday responded to a threat made by telephone against the Nyhamna gas processing plant, one of Europe's largest energy export facilities, and later said the incident had been resolved. The threat came amid heightened concerns…
President Vladimir Putin said on Wednesday that Russia could redirect supplies intended for the damaged Nord Stream pipelines to the Black Sea to create a European gas hub in Turkey, or even use the one intact part of Nord Stream 2 to supply the EU…
Egypt is aiming to take over the development of Gaza's offshore natural gas field, Egyptian and Palestinian officials said, in what would be a boost for the cash-strapped Palestinian economy. While Egypt and Israel have been producing gas in the eastern Mediterranean for years…
Abu Dhabi National Oil Company awarded a contract worth $980 million to ADNOC Drilling to hire two jack-up offshore rigs, the company said on Thursday. The award will support the expansion of ADNOC's production capacity as it responds to the…
Norway-based Havila Shipping ASA said it has entered into contracts with Peterson Den Helder BV for two of its platform supply vessels (PSV), Havila Borg and Havila Herøy.Havila Borg has been chartered for a fixed period of six months, plus one optional period of 12 months…
Top Israeli ministers on Wednesday endorsed a U.S.-brokered deal to delineate a maritime border with Lebanon, paving the way for a potentially fractious two-week parliamentary review before it goes into force.Prime Minister Yair Lapid's security cabinet said the deal should be 'urgently' green-lit…
The Philippines is seeking to revive its moribund upstream oil industry with the redevelopment of an oil field that last produced in the early 1990s, as it hopes to wean itself off fuel imports, energy officials said on Wednesday. With the Southeast…
UK-based subsea equipment rental and solutions specialist Ashtead Technology has appointed James Christie as the new leader for its Mechanical Solutions service line.Ashtead Technology said that Christie, who is Regional Director for Ashtead…
Copenhagen Infrastructure Partners (CIP) has selected Stiesdal Offshore’s TetraSub floating foundation structure for the 100MW Pentland Floating Offshore Wind Farm project, to be located off the coast of Dounreay, Caithness, Scotland.The technology…
Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billions of pounds for consumers.The 'Cost-Plus-Revenue Limit' forms part of a broader energy…
Israel and Lebanon have reached 'a historic agreement' on their maritime border, Israeli Prime Minister Yair Lapid said on Tuesday. “This is a historic achievement that will strengthen Israel’s security, inject billions into Israel’s economy…
India is offering 26 oil and gas blocks and 16 coal bed methane blocks in its latest exploration licensing round, according to the country's upstream regulator, as the world's third largest oil consumer seeks to boost local output.'There is…
India maintains a 'healthy dialogue' with Russia and will look at what is offered following an announced ownership revamp to the Sakhalin-1 oil and gas project, Petroleum Minister Hardeep Singh Puri told Reuters. Russia last week issued a…
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