Australian oil and gas company Woodside said that its shareholders voted to approve the proposed merger with BHP's oil and gas business at its Annual General Meeting on Thursday, with 98.66% of the votes in favor of the merger.'All conditions…
Gas producers in Australia are dusting off plans for new projects as Asian customers fret over energy security following Russia's invasion of Ukraine and seek gas with lower carbon credentials.With sanctions on Moscow stalling Russian liquefied natural gas (LNG) export projects…
Vallourec is starting a process to close its German manufacturing sites as it had failed to find a 'credible' buyer for the assets, the French steel pipe maker said on Wednesday.Vallourec also said it would close its heat treatment line in Saint-Saulve in France and a site in Scotland…
Offshore accommodation rig provider Prosafe has agreed with China's Cosco shipyard to extend delivery flexibility for the Safe Nova and Safe Vega flotels, under the deal first entered in August 2018.'It remains the intention that Prosafe will…
Fuel management solutions company FUELTRAX reports it has named Integrated Marine Solutions (IMS) as its Saudi Arabian partner to focus on sales and installation for clients in the region.Located in northeastern Saudi Arabia, along the Arabian Gulf…
The European Commission on Wednesday unveiled a 210 billion euro [about $220 billion] plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away from Moscow to quicken its transition to green energy.The invasion of Ukraine by Russia…
Oilfield services company Petrofac has won a contract with Tullow Oil to provide well-decommissioning services in Mauritania, taking over from Danish company Maersk Decom, which said it would close down the company.The contract, with a potential total value of more than $60 million…
Offshore engineering company Worley has won a three-year engineering and procurement (EP) services contract with Shell in the U.S. to support five of its assets in the Gulf of Mexico.'The contract will support Shell’s transition to a digitized…
Australia's vast liquefied natural gas (LNG) sector is betting its future on carbon capture and storage (CCS), a technology it says is vital to decarbonization and is proven.Convincing everybody else is going to be the tricky part, especially…
Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…
Inpex Corp, Japan's top oil and gas producer, wants to grow in Australia through expansion of its liquefied natural gas (LNG) output as well as hydrogen and nature-based carbon offset projects, a senior executive said on Wednesday.Inpex's $40…
Italian gas group Snam has signed a contract with Golar LNG under which Golar will deliver the existing LNG Carrier 'Golar Arctic' as a floating storage and regasification unit (FSRU).Snam will install the FSRU in the port area of Portovesme…
U.S.-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country's flagship offshore projects, five people close to the matter said.The dispute erupted…
The West Hercules semi-submersible drilling rig has started drilling the first of two exploration wells offshore Canada. Seadrill, the drilling contractor that manages the SFL-owned rig, shared the news on Tuesday in a social media post.The drilling is being conducted in the Flemish Pass Basin…
U.S.-based offshore oil and gas services firm Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration…
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