Jadestone Energy, an Asia Pacific-focused oil and gas company, has taken a step toward restarting production from its Montara Project offshore Australia.The company shut down production from the Montara Venture FPSO last year, first, to allow…
The Danish Energy Agency has suspended reviewing existing and new applications to install new wind farms and other renewable energy projects in the country over a potential conflict with European Union law, it said in a statement late on Monday…
ONGC Videsh (OVL) Ltd, the overseas exploration arm of India's Oil and Natural Gas Corp, is looking for exploration and production investment opportunities in Africa and Latin America, such as in Ghana and Surinam, managing director Rajarshi Gupta said…
Archer Limited and Baker Hughes Limited have signed official agreements for Archer to buy Baker Hughes' coil tubing and pumping (CT&P) business in the United Kingdom.The definitive agreement follows a term sheet signed in January.Baker Hughes…
Israel's NewMed Energy forecast on Tuesday that the country's nascent sovereign wealth fund will get a 52 billion shekel ($15 billion) injection in the coming decade from its two main natural gas fields. NewMed Energy Chief Executive Yossi Abu said that the company…
TDI-Brooks International, Inc. announced it has appointed Paul Walker as its director of laboratory operations, tasked with leading the company's geotechnical, geochemical and environmental labs.Walker began his career at Humble Geochemical where he was tasked with method development…
Norwegian offshore engineering and construction company Aker Solutions has signed a firm contract with oil firm OKEA for the electrification of OKEA's Draugen platform in the Norwegian Sea, offshore Norway.The Draugen oil field sits in about 250 meters of water…
Offshore wind turbine maker Siemens Gamesa and South Korea's Doosan Enerbility, formerly known as Doosan Heavy Industries, have signed an agreement to collaborate on offshore wind projects in South Korea.Siemens Gamesa offshore wind business…
Golar LNG agreed to acquire New Fortress Energy's (NFE) ownership stake in FLNG Hilli in exchange for Golar's remaining 4.1 million shares in NFE and $100 million in cash.Golar will also take over approximately $323 million in debt obligations linked to Hilli…
BW Ideol, a company building concrete foundation for floating wind industry, said Monday that its 5-year-old Floatgen demonstrator continued strong operations, showing a capacity factor of nearly 60% over the last three months and a production of 25GWh since its 2018 commissioning…
NOV's Marine and Construction business unit has come up with a 'new and flexible' Modular Service and Operations Vessel (MSOV) concept to 'optimize offshore wind farm operations and maintenance.' NOV says the vessel's features resemble those of a sea otter…
Norwegian subsea services company Reach Subsea said Monday it had won a 6-month firm contract from a 'major renewable energy company' for delivery of offshore wind-related services. 'In order to be able to serve this contract, Reach increases…
Brazilian President Luiz Inacio Lula da Silva said on Monday his government would promote recovery in the country's shipbuilding and oil and gas sectors, with more investment from state-run oil firm Petrobras SA and development bank BNDES. 'Petrobras…
BP on Tuesday reported a record profit of $28 billion for 2022, lifted by the surge in energy prices since Russia's invasion of Ukraine, while boosting its dividend in a sign of confidence as it scaled back plans to reduce oil and gas output by 2030…
Norwegian energy firm Equinor and its UK partner SSE Renewables have started early scoping work to explore options for developing a fourth phase, Dogger Bank D, of what will be the world’s largest offshore wind farm.Equinor and SSE Renewables each own 50% of the proposed Dogger Bank D development…
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