Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume.In June 2022, BW Energy signed an agreement…
The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition.The…
U.S. oilfield services firm Halliburton said Thursday it had recently provided offshore wireline services for Croatian INA Group in the Adriatic Sea. According to Halliburton, the wireline team completed logging operations on four wells, including 17 successful combined runs without any health…
ASX-listed oil and gas company 3D Oil has completed the farmout of 80% interest and operatorship of VIC/P79 offshore block in Australia to ConocoPhillips, after the approval of the transfer of title documentation by the National Offshore Petroleum Titles Authority ('NOPTA')…
Offshore hydrogen production is paramount to meet the substantial increase expected in European hydrogen demand, as hydrogen is due to play a significant role as a low-carbon energy carrier – not only to decarbonize hard-to-abate sectors, but also to boost security of energy supply in Europe…
Romania's gas pipeline operator will build a new pipeline worth an estimated 500 million euros ($529.30 million) meant to bring offshore Black Sea gas to the national grid once the two gas producers make a final investment decision, Prime Minister Nicolae Ciuca said on Thursday…
Norway's Green Yard Kleven has completed and delivered two retrofit projects for the Brazilian shipowner Oceanica. Oceanicasub Vlll and Oceanicasub lX have been rebuilt from offshore supply vessels to advanced offshore vessels for ROV- and crane operations…
A keel laying ceremony was held earlier this week for a Construction Service Operation Vessel ordered by Olympic in 2022 from Ulstein.The ceremony was held on March 14 at the hull yard CRIST. This is vessel number two, yard number (yno) 319…
Norwegian firms Eidesvik Offshore and Reach Subsea said Thursday they had completed the previously announced acquisition of the subsea inspection repair and maintenance vessel Viking Reach (ex-Edda Sun).The 85,30 meters long vessel was built…
Floating offshore wind developer BlueFloat Energy said Thursday that its 1GW ‘Winds of September’ floating wind project had taken a step further by deploying a floating LiDAR in the waters off Hsinchu, Taiwan. The project was named after the…
Scottish Power, a UK subsidiary of Iberdrola, a Spanish renewables giant, on Wednesday signed a framework agreement worth over €200 million with Haizea Wind Group, for Haizea Bilbao to supply 50 monopiles to the East Anglia Three offshore wind farm in the UK…
Asia-pacific focused oil and gas company Jadestone Energy expects to resume production from its Montara field offshore W. Australia in approximately one week.The company shut down production from the Montara Venture FPSO in 2022, first to allow…
DNV said Thursday it was assisting Korea Electric Power Corporation (KEPCO) Research Institute in the development of a long-term offshore power grid plan to deliver renewable offshore wind power to South Korea. The project is scheduled for completion by mid-2025…
UK-based Prax Group has reached a deal to acquire Hurricane Energy, the operator of the producing Lancaster oil field, west of Shetland.Hurricane has one asset, the Lancaster oil field, that produces from a single well (“P6”) and riser. As at ERCE…
Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…
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