Australian state energy ministers said on Friday local gas production should be prioritized for the domestic market to ensure there is no shortfall, as forecast for 2023 and 2024, raising pressure on exporters to boost local supply.Comments from the ministers from the two most populous states…
Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to research published on Thursday.The study, by researchers at non-profit Carbon Mapper…
Oil and gas company Eco Atlantic said Friday it expected to start drilling at its Gazania-1 well off South Africa in September, as the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilized Friday. The Gazania-1 well is located in the Orange Basin in South Africa…
Denmark-based renewables company Copenhagen Energy has released details of a proposed offshore wind farm in Commonwealth and State waters north of Geraldton in Western Australia.The Midwest Offshore Wind Farm will comprise up to 200 turbines…
Offshore drilling company Aquadrill - ex-Seadrill Partners - has extended the charter hire agreement for its Auriga drillship with Diamond Offshore Drilling after reaching an agreement on the one-year mutually agreed option in the current underlying drilling contract…
Singaporean conglomerate Keppel Corp said on Friday it would spend 305 million euros ($314.7 million) along with a unit for a 50.01% stake in a special purpose vehicle (SPV) that owns 50% of Borkum Riffgrund 2, an offshore wind farm in Germany…
Singapore's Sembcorp Marine Ltd (Sembmarine) said on Friday its half-year loss narrowed 78% from a year earlier, as the oil rig builder finished delayed projects after pandemic curbs were eased while also benefiting from cost management.The…
Marcus Smedley has been named president and chief operating officer of Deepsea Technologies, Inc. (DTI). The Houston-based firm engineers and manufactures a wide range of subsea products and equipment used in the offshore oil and gas industry…
ScottishPower Renewables has started the onshore construction of its East Anglia THREE offshore windfarm, which will power around 1.3 million homes, it said on Thursday.East Anglia THREE, off the Suffolk coast in England, will have a capacity of 1…
RWE is holding talks with a larger number of suppliers of liquefied natural gas (LNG), not just Qatar and North America, CEO Markus Krebber said, as Germany's largest power producer continues its efforts to replace Russian gas volumes.RWE earlier…
Nigeria's President Muhammadu Buhari has withheld his initial approval of Exxon Mobil's sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent.Buhari on Monday consented to the $1…
Lime Petroleum, a subsidiary of Rex International Holding, has agreed to buy a 10 percent stake in the Yme oil field in the North Sea, offshore Norway, from Kuwait’s KUFPEC. Rex said Lime would pay post-tax fee $68.053 million (about NOK 633 million)…
By Akif Chaudhry, Principal Analyst, Corporate Research, Wood MackenzieNo longer in its infancy, offshore wind is a proven technology on course to play a key role in the decarbonisation of the global economy. Over the next decade, the industry will attract almost US$1 trillion in new investment…
Equinor's Johan Castberg floating production, storage, and offloading (FPSO) vessel suffered only minor damage during a fire on Wednesday, and the project's timeline will not be affected, a company spokesperson said on Thursday.The vessel is under construction at a shipyard in western Norway…
Norwegian offshore vessel owner Eidesvik Offshore will manage the construction support vessel Viking Neptun it recently agreed to sell to DEME.The company has now signed a two-year ship management agreement with DEME under which Eidesvik will provide full technical management…
Subscribe
