Brazilian state-run company Petrobras and international oil major Shell will work together to identify potential opportunities to explore for and produce crude and natural gas, Petrobras said on Thursday. Under a memorandum of understanding signed by the companies…
U.S. shipyard General Dynamics NASSCO has signed a memorandum of understanding (MOU) with Navantia Seanergies, the green energy division of Spanish state-owned shipbuilder Navantia, in pursuit of opportunities in U.S. offshore wind.The partners…
Activist shareholders opposed Australian oil and gas explorer Santos' growth strategy on Thursday, saying executive incentives are driving up investments in upstream growth projects, potentially raising carbon emissions and reducing shareholder value…
Oil and gas company Energean said Thursday that the first gas had been delivered at North El Amriya and North Idku ('NEA/NI'), in the Mediterranean Sea, offshore Egypt. Energean sanctioned the project in January 2021, representing a development…
Norwegian offshore vessel owner Siem Offshore has secured a medium-term contract for the AHTS Siem Topaz for client Helix Robotics Solutions Inc. in Taiwan. The contract will start during March 2023. The contract has a firm period reaching into the fourth quarter of 2023…
Offshore well decommissioning firm Well-Safe Solutions said Thursday it was supporting the decommissioning of two suspended wells in BP’s Kate field in the North Sea, 220 kilometers from Aberdeen.Under the program, Well-Safe Solutions will provide well-engineering support services…
German renewable energy company RWE has selected Siemens Gamesa's offshore wind turbines with recyclable blades for its Sofia offshore wind farm in the UK.Siemens Gamesa said it would supply 44 SG 14-222 DD (14MW) wind turbines with 132 recyclable blades…
Shell's former chief executive, Ben van Beurden, received a pay package of 9.7 million pounds ($11.5 million) last year, up 53% from 2021, the group said in its annual report on Thursday.The oil major delivered a record $40 billion profit in 2022…
Offshore drilling firm Dolphin Drilling said Thursday it had secured a new contract for Blackford Dolphin with Peak Petroleum in Nigeria.The contract with Peak Petroleum will extend the rig's stay in Nigeria and is in direct continuation of…
Oslo-listed jack-up drilling rig leasing firm Shelf Drilling said Wednesday that it had secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.The contract value for the firm period, including mobilization revenue, is approximately $118 million…
Hess Corp indicated the consortium that controls Guyana's oil production, of which it is a member, is prepared to relinquish 20% of the Stabroek oil block, but not any areas where it now produces or intends to produce oil in the future. An Exxon Mobil-led consortium controls the 6…
Offshore wind is a bad bet due to the complications of installing and maintaining infrastructure at sea and the high cost of transmitting electricity back to shore, NextEra Chief Executive John Ketchum said on Wednesday.'It's very capital intensive…
Malaysian FPSO provider Yinson has partnered up with industrial software firm AVEVA to enable Yinson to develop 'fully autonomous and sustainable' Floating Production Storage and Offloading (FPSO) solutions.'AVEVA’s software, in combination with [Yinson's] FPSO expertise and extensive data sets…
The Belgian companies DEME, Tractebel, and Jan De Nul on Wednesday introduced a new harsh-environment offshore floating solar technology called SEAVOLT.According to the three firms, SEAVOLT technology (patent pending) can withstand harsh offshore…
A discussion with France's TotalEnergies Chief Executive Patrick Pouyanne at an energy industry conference was briefly disrupted by a protestor on Wednesday. The protestor unfurled a banner and shouted, 'stop your greenwashing and lies'. She…
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