Talos Energy Inc said on Thursday it will buy EnVen Energy Corp, a private producer in the deepwater U.S. Gulf of Mexico, in a $1.1 billion deal including debt.The acquisition will add 24,000 barrels of oil equivalent per day of production for…
Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market…
Spanish utility and Naturgy and Norway's Equinor are targeting a 200MW floating offshore wind project in the Canary Islands.Following an agreement to work together, made earlier this year, the firm's are targeting the Floating Offshore Wind…
The North Sea oil and gas industry is on track to meet early emissions reduction targets after posting cuts of more than a fifth between 2018-21, according to the UK regulator, the North Sea Transition Authority (NSTA). But bold measures will be needed to hit a 2030 goal of halving emissions…
UK regulator the North Sea Transition Authority (NSTA) has announced that 26 bids were submitted in the UK's first carbon storage licensing round by a total of 19 companies. On offer were 13 areas, off the coasts of Aberdeen, Teesside, Liverpool and Lincolnshire…
TotalEnergies E&P Suriname has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to its contract for the Maersk Drilling's Maersk Valiant drillship. The contract extension is expected to start in January 2023…
The UK Government has announced it will support a new oil and gas licensing round in the North Sea that is expected to be launched in October. It has also lifted a moratorium on shale gas production in England. In a statement, the government said…
Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico.The firm's pipelay vessels, Pioneering Spirit, Hidden Gem and Solitaire, will install the 36-inch pipeline…
The UK arm of Italian energy group Eni has has applied for a carbon capture and storage (CCS) license for the depleted Hewett gas field in the Southern North Sea. Eni says that the application, submitted through the North Sea Transition Authority (NSTA)…
Norway's AF Gruppen has been awarded a decommissioning contract from TotalEnergies EP Nederland for the removal and recycling of 10 platforms in the Dutch sector of the North Sea.The contract includes engineering, preparatory works, removal…
St. Johns Ship Building earlier this month began building the first in a series of new crew transfer vessels (CTV) for Rhode Island-based Atlantic Wind Transfers (AWT).The Palatka, Fla. shipbuilder held a keel laying ceremony on September 8…
Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW), Environment Minister Duarte Cordeiro said on Wednesday, aiming to 'move faster' on the country's energy transition.In June, Cordeiro put the capacity on offer at the auction due next year at 6-8 GW…
The Biden administration on Wednesday revealed plans to hold an auction of oil and gas drilling rights for up to 1 million acres in the Cook Inlet off the coast of Alaska in December.The sale is among the concessions to the oil and gas sector included in U…
Indonesia will launch a second auction of oil and gas blocks this year as it seeks to cash in on high energy prices and boost output after decades of decline due to a lack of exploration and investment, officials said on Wednesday.Southeast…
Purus Marine on Wednesday announced the acquisition of HST Marine, a UK-based provider of Crew Transfer Vessels (“CTVs”) to the offshore wind industry.HST’s fleet of includes one of the industry’s first battery hybrid CTVs, the Chartwell-designed HST Ella…
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