Oil companies in Norway must increase their exploration activity in remote regions like the Arctic Barents Sea for the country to find the remaining reserves of oil and gas beneath its oceans, the Norwegian Petroleum Directorate said on Thursday…
Belgium-based offshore installation company DEME Offshore and Norway-based offshore services firm Havfram have signed a memorandum of understanding to jointly offer construction services to the offshore wind farm sector in Norway. 'Both DEME…
Military-ruled Myanmar earned $800 million from natural gas exports mainly to China and Thailand, between April and July, the junta said in the state newspaper on Thursday.The country has been embroiled in chaos since the military overthrew…
Harbour Energy, the UK North Sea's biggest oil and gas producer, increased a share buyback program by 50% to $300 million on Thursday as it reported first-half free cash flow of $1.4 billion.Harbour, which is set to produce just over 200,000…
East Timor is confident the Australian government will support plans for gas from the massive Greater Sunrise offshore field to be processed in Timor rather than Darwin, the country's petroleum authority head said on Thursday.Greater Sunrise…
Gas production in the United Kingdom rose 26% in the first half of this year compared to the same period last year, an industry body said on Wednesday, as Britain cuts Russian energy imports in response to Moscow's invasion of Ukraine.The 3…
Guyana's president Irfaan Ali on Monday visited ExxonMobil's Liza Unity FPSO - Guyana's second FPSO in production - where he praised the Guyanese crew aboard.According to Guyana's Department of Public information, he told the Guyanese crew on…
Norwegian oil and gas company Aker BP has awarded Semco Maritime a contract for the provision of Offshore Personnel Service in 2022-2027 for the company’s oil & gas installations on the Norwegian Continental Shelf.'Semco Maritime has provided…
Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports over Moscow's invasion of Ukraine, its energy minister said on Tuesday.'I expect that we can maintain the production levels we are at now until 2030…
Norwegian offshore drilling company Odfjell Drilling has secured a five-year contract with Aker BP ASA for its Deepsea Stavanger semi-submersible drilling rig, for drilling programs scheduled to start in early 2025.The day rates for the contract will be market-based…
Australia has awarded Japan's Inpex Corp, France's TotalEnergies and Woodside Energy Group offshore acreage permits for assessing carbon emissions storage as the government pushes to speed up emissions reductions.While environmental groups say…
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…
Helix Robotics Solutions Limited, the U.K. Robotics division of Helix Energy Solutions Group, and the Norwegian shipowner Volstad Maritime have agreed on five-year charter extensions for both the Grand Canyon II and Grand Canyon III construction…
A U.S. court upheld a tribunal's $8.75 billion award to U.S. oil producer ConocoPhillips COP.N over the expropriation of its Venezuelan oil assets, granting a default judgment in the case on Friday.The decision gives the U.S. company new authority to collect on a 2019 award by a World Bank tribunal…
Houston-based engineering, commissioning, and field services firm Gate Energy has won a commissioning management and execution contract for LLOG's Salamanca development in the U.S. Gulf of Mexico.The scope of this work includes pre-commissioning…
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