Russia will create a firm which will take over all rights and obligations of the Sakhalin Energy Investment Company amid Western sanctions imposed on Moscow, a decree signed by President Vladimir Putin said on Thursday.The 5-page decree indicates…
The Biden administration on Thursday delayed the rollout of a proposed five-year offshore oil and gas development plan that had been promised by the end of the month, according to sources.Interior Department Secretary Deb Haaland in May had…
A state agency in Australia has backed a plan to extend the life of the country's biggest liquefied natural gas plant by 50 years, so long as it achieves net zero carbon emissions for the rest of this decade, partly to protect ancient indigenous rock art…
Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%.'The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results…
Ørsted and Eversource, two companies that have partnered up to buiild offshore wind farms in the U.S. said Thursday they'd signed contracts with Boskalis to support the construction of their offshore wind project in the U.S.The work with Boskalis…
French oil and gas seismic data firm CGG said Thursday it had secured a four-year contract extension for its dedicated reservoir services center for Petrobras in Rio de Janeiro, Brazil.'[CGG's] in-house team of reservoir characterization specialists…
Some 74 Norwegian offshore oil workers at Equinor's Gudrun, Oseberg South and Oseberg East offshore platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway's oil production.The announcement by Lederne…
Norwegian oil and gas company Vår Energi on Thursday signed strategic partnership agreements with Aker Solutions AS, Havfram, and Saipem for SPS/SURF deliveries, in preparation for record high activity level on the Norwegian Continental Shelf (NCS)…
Members of the Lederne labour union representing Norwegian oil workers have voted against a wage deal negotiated with oil companies, a state-appointed mediator said on Thursday.It was not immediately clear if Lederne's members would go on strike as a result of the vote…
The U.S. Interior Department has recommended to the White House that all federal offshore oil and gas drilling auctions over the next five years be located in the Gulf of Mexico, where the drilling industry has already been focused for decades…
Norwegian offshore wind company Deep Wind Offshore has signed an agreement with South Korea's East West Power, to collaborate on projects totalling more than 4GW of floating and bottom fixed offshore wind in South Korea. 'We are extremely excited to collaborate with EWP on these projects…
Offshore installation contractor Seajacks said Wednesday it had signed three new contracts for work on the 3.6GW Dogger Bank wind farm in the UK.Dogger Bank will use one of the Seajacks self-propelled NG2500X class jack-up vessels to accommodate…
Subsea and hydrographic survey services firm Rovco has signed a contract with the Dutch marine services contractor Van Oord to carry out subsea investigation works on Dutch offshore wind farm Hollandse Kust Noord. Rovco will perform an unexploded…
Norwegian offshore vessel owner Solstad Offshore has secured charters for the construction support vessels Normand Cutter and Normand Sentinel.The Normand Cutter has been awarded a contract with an unnamed customer in South America. The firm…
Suriname's state oil firm Staatsolie is getting ready to offer 60% of the country's offshore blocks for auction over the next 12 months, starting with a deepwater round in the fourth quarter, a company executive said on Wednesday.The Guyana…
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