Britain on Friday launched its first oil and gas exploration licensing round since 2019 on Friday to try and boost domestic hydrocarbon output as Europe weans itself off Russian fuel.The British North Sea, home to the global Brent benchmark grade…
A consortium between the offshore engineering firm DORIS and the Korean shipbuilding and offshore engineering giant Hyundai Heavy Industries has won a Front-End Engineering Design (FEED) contract for a floating wind project in South Korea.The…
Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters on Thursday, as part of a broad shakeup at the state-run oil company under its new chief executive.It was not immediately clear if Colnago…
Australian oil and gas company Carnarvon Energy said this week it had identified more than 100 prospects across its Bedout Permits, offshore W. Australia, the top 20 of which could hold over 1.5 billion barrels of oil equivalent in total. 'More…
Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said that three new partners will be entering the North Field South (NFS) project in addition to the partner recently announced, adding that they will be announced in due course…
U.S offshore wind developer Atlantic Shores Offshore Wind has selected wind turbine maker Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Atlantic Shores is a 50:50 partnership between Shell New Energies and EDF Renewables…
Corrects with Dana Petroleum spokesman comment to clarify deal refers only to Dutch business.Korea National Oil Corporation agreed to sell the Dutch assets of North Sea oil and gas producer Dana Petroleum to private firm Waldorf Production,…
French offshore cable-making and installation company Nexans has signed a firm contract to supply offshore wind export cables for phase one of the Empire Wind offshore wind project in the U.S., being developed by a 50-50 partnership between Equinor and BP…
Singapore-based shipbuilder Strategic Marine has delivered a new 40-meter Fast Crew Boat (FCB) to Malaysia-based Blue Petra.Blue Petra is a subsidiary of Great Ocean, a licensed Petronas contractor and a supplier to the Malaysian oil and gas industry…
OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.OPEC's de-facto leader Saudi…
Norwegian oil and gas company Equinor has received regulatory consent for the prolonged use of the Floatel Superior semi-submersible accommodation rig at the Grane field in the North Sea, offshore Norway.The Petroleum Safety Authority said that that it had granted its consent…
The topside for the offshore wind transformer station Hollandse Kust (north) was installed this week on a jacket previously installed on the seabed, Dutch grid operator TenneT has informed. DEME Offshore's Orion vessel installed the topside…
Lebanon and Israel are closer than ever to signing a deal demarcating their maritime border, opening the door to new oil and gas exploration, after years of U.S.-brokered negotiations.While limited in scope, the agreement is set to ease security and economic concerns in both countries…
Oil and gas company Energean said Thursday it had made a commercial gas discovery at the Hermes exploration well in the Mediterranean Sea, offshore Israel.The Hermes exploration well, located in block 31 offshore Israel, has discovered between 7 and 15 bcm of gas…
Subscribe
