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China Oil Giant CNOOC Plans $5.5B Shanghai Listing

Mar 31, 2022

CNOOC, China's top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises energy security amid rising geopolitical risks…

Sparrows Wins Offshore Maintenance Deal in Angola

Mar 31, 2022

UK-based company Sparrows Group, a provider of engineering and maintenance services for the energy industry, said Wednesday it had secured a three-year crane operations and maintenance services contract offshore Luanda, Angola.The agreement…

Pluto Gas Processing Starts at Australia's North West Shelf, Woodside Says

Mar 31, 2022

Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…

Shearwater to Survey Equinor’s Mariner Field

Mar 30, 2022

Offshore seismic services company Shearwater GeoServices announced Wednesday it has been awarded a 4D seismic monitor project at Equinor’s Mariner field in the U.K. North Sea.The one-month project will be executed during the 2022 North Sea summer season…

Aqueos Opens Boston Office to Serve Offshore Wind

Mar 30, 2022

Offshore services provider Aqueos Corporation is moving into its new office facility in Boston to support the growing offshore wind industry in the U.S. Northeast.Broussard, La.-based Aqueos has primarily provided marine construction, commercial diving…

TenneT's HKZ Transformer Platforms in Dutch North Sea Hit Major Milestones

Mar 30, 2022

Dutch grid operator TenneT has this week installed the topside of the second offshore transformer platform built to serve Vattenfall's Hollandse Kust Zuid offshore wind farm in the Dutch North Sea.Following the installation of the first transformer platform…

Gazprom Offices Targeted in EU Antitrust Raids

Mar 30, 2022

Russian gas company Gazprom's GAZP.MM offices were raided by EU antitrust regulators, a person familiar with the matter said on Wednesday, as the EU watchdog ramped up its investigation into the company's gas supplies to Europe.EU antitrust…

Equinor Hires Eidesvik PSV Viking Prince

Mar 30, 2022

Norwegian offshore vessel operator Eidesvik Offshore said Wednesday it has been awarded a contract for its 2012-built platform supply vessel (PSV) Viking Prince.The deal with Norwegian energy company Equinor is for a firm six-month period, plus options for further extensions…

BSOG to Start Production Offshore Romania From Q2

Mar 30, 2022

Black Sea Oil & Gas (BSOG) will start extracting gas from its Romanian offshore project in the second quarter, later than planned, its chief executive said, warning that continued efforts to amend regulations for producers were undermining investment…

UK Regulator Extends License for North Sea Cambo Oil Prospect

Mar 30, 2022

The British oil and gas regulator has extended by two years the license for the Cambo oilfield prospect in the North Sea which is owned by Shell and Siccar Point, Shell said on Wednesday.'The North Sea Transition Authority has awarded Siccar…

Too Early to Consider Investment in Russia, CNOOC Says

Mar 30, 2022

It is too soon for China's CNOOC to discuss fresh investment in Russia, though its 10% stake in a liquefied natural gas (LNG) project in the Russian Arctic is proceeding normally, Chairman Wang Dongjin said on Wednesday.Wang had been asked if…

OPEC Chief Encourages OPEC+ to Stay the Course

Mar 30, 2022

OPEC Secretary General Mohammad Barkindo said OPEC+ participants should 'stay the course' regarding the group's decisions, ahead of an OPEC+ meeting on Thursday where the group is expected to stick to its existing deal of gradual output increases…

Swire Energy Services Names Harrestrup Head of Commercial for Wind Division

Mar 30, 2022

Since the acquisition of ALL NRG in August 2021, Swire Energy Services Wind division has seen several new senior appointments, with the most recent being that of Jan Harrestrup as Head of Commercial.Leading the commercial team, Harrestrup will be responsible for global business development…

China's CNOOC Reports Record Profit, Output for 2021

Mar 30, 2022

China's CNOOC Ltd posted record annual net profit for 2021, with earnings nearly tripled from 2020, supported by rapidly rebounding oil and gas prices as global energy demand recovered from the pandemic.The state-controlled offshore oil and gas specialist posted a net profit of 70…

Shell Filed Appeal Against Landmark Dutch Climate Ruling

Mar 29, 2022

Energy major Shell has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts to force climate action.While Shell had set itself a target to reach net zero carbon neutrality by 2050…

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