BP said on Monday it plans to set up a large-scale green hydrogen production plant in northeast England, generated with wind, water and solar energy to aid Britain's move away from fossil fuels.The project, dubbed HyGreen Teesside, aims to produce…
Thai oil company PTTEP said Tuesday it had made a gas discovery at Nangka-1, its second exploration well in Block SK417, offshore Malaysia. The block is located in the shallow waters of Baram Province, around 180 kilometers off the coast of Sarawak…
French energy industry giant TotalEnergies on Tuesday announced the start-up of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan. TotalEnergies joined this project, operated by wpd, with a 23% interest in May…
Brazilian oil company Petrobras has signed contracts with the Dutch FPSO specialist SBM Offshore for the chartering and provision of services of the FPSO Alexandre de Gusmão.This will be the fourth definitive floating production system to be installed in the Mero field…
Seanovent Engineering and Strohm have signed a memorandum of understanding (MOU) to collaborate on offshore wind-to-hydrogen developments.The duo said it would focus on developing safe and dependable hydrogen transfer solutions that enable and improve the distributed green hydrogen concept…
Lhyfe, a company specializing in renewable green hydrogen production, and DORIS, an offshore engineering firm, have partnered up in an offshore hydrogen production project.Lhyfe and DORIS plan to launch the first floating wind turbine for integration…
Nigeria's Seplat Energy along with a partner is in talks to buy ExxonMobil's shallow-water oilfields in the African nation, the company said on Monday, cautioning there was no certainty about the outcome.In recent years, Exxon has been exiting…
The Biden administration proposed a slew of changes on Friday to the nation's federal oil and gas leasing program, including hiking fees on drilling companies and limiting their access to sensitive wildlife and cultural zones.The recommendations…
Oil rebounded by more than 5% on Monday to above $76 a barrel as some investors viewed Friday's slump in oil and financial markets on concern about the Omicron coronavirus variant as overdone.Top officials from the Organization of the Petroleum Exporting Countries and its allies…
Marine seismic contractor PXGEO has completed the Sapinhoa 4D Baseline ocean bottom node program in the deepwater Santos Basin, offshore Brazil, for the BMS-9 consortium, which is controlled by Petrobras.The four-month project, which used PXGEO's Manta OBN technology…
Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy.The transaction is organized through a share sale of Equinor Energy Ireland Limited, a company 100% owned by Equinor ASA…
Germany said on Sunday it was continuing to work closely with the United States on implementing a deal on the Nord Stream 2 pipeline, which runs under the Baltic Sea and carries gas from Russia to Germany.Germany's foreign ministry said it continued to coordinate closely with the U…
Offshore engineering and construction company McDermott said Monday it had completed a liquefied natural gas (LNG) construction study for Shell, 'identifying tangible reduction pathways toward net-zero construction emissions.'The results of…
Morgan Stanley on Monday cut its first quarter 2022 Brent crude price forecast to $82.50 per barrel from $95 on market expectations that the Omicron coronavirus variant could turn into a major headwind for oil demand.The market appears to be…
Oilfield services firm Expro said Monday it had secured four 'significant' subsea well access contracts in Malaysia and Australia worth more than $50 million. Two contracts are in Australia and two in Malaysia. One contract is with Shell in Malaysia…
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