Abu Dhabi National Oil Company (ADNOC) said it raised $1.64 billion by issuing exchangeable bonds and additional shares to investors in its listed retail unit ADNOC Distribution on Wednesday.It issued about $1.2 billion in senior unsecured bonds due in 2024…
Spanish shipbuilder GONDAN said Wednesday that its yard in Figueras launched a new commissioning service operation vessel (CSOV) for Norwegian shipowner Edda Wind AS. The newbuild is the first in a series of four CSOVs scheduled for delivery from 2022…
The Nigerian National Petroleum Corp renewed Oil Mining Lease 118 [Bonga] with the local subsidiaries of Shell, Total, Exxon, and Eni for another 20 years, the West African country’s state oil firm said in a statement on Tuesday.The deal signals…
Norwegian oil firm Equinor has awarded offshore drilling company Odfjell Drilling a contract for Deepsea Stavanger semi-submersible drilling rig, adding to the previously awarded deals for two other Odfjell Drilling rigs.The contract for the…
Horisont Energi, a Norwegian carbon capture technology firm, said on Wednesday that it had wrapped up a feasibility phase of the Barents Blue project, laying the groundwork for what it claims will be Europe's first large-scale carbon-neutral ammonia plant with offshore carbon storage…
Exxon Mobil Corp's bid to stave off a tiny activist fund challenging its board and response to growing climate concerns is too close to call just hours before the oil giant's annual meeting, people familiar with the matter said.Exxon's 12 directors…
Oil major Shell has chartered an offshore accommodation rig from the Swedish company Floatel for work in the Philippines.Floatel said Tuesday that Shell Philippines Exploration had awarded it a contract for the Floatel Triumph accommodation unit…
Offshore drilling contractor Dolphin Drilling said Wednesday it's become 'the first company of its kind' to secure Energy Management System ISO 50001:2018 certification.The company, which owns a fleet of offshore drilling rigs, said the certification…
Turkey's Foreign Minister Mevlut Cavusoglu said he will visit Greece on May 31 as the NATO members seek to improve ties after a dispute last year that stoked regional tensions, Turkish media reported on Wednesday.Tensions flared last year over…
A Dutch court on Wednesday ordered Royal Dutch Shell to significantly deepen its planned greenhouse gas emission cuts, in a landmark ruling that could pave the way for legal action against energy firms around the world.At a courtroom in The Hague…
Sparrows, a provider of energy industry engineering and maintenance services, has been awarded a contract by Chevron Australia to work on the Gorgon and Wheatstone natural gas projects.Sparrows said Wednesday it would support the safety and…
The U.S. offshore safety regulator BSEE has formed a panel to investigate a fatal incident that happened earlier this month at a Fieldwood Energy-operated oil platform, in the Gulf of Mexico, offshore Louisiana.As previously reported, an offshore worker died on Saturday…
Oil and gas firms in Norway have increased their 2021 and 2022 investment forecasts during the last three months as more projects are being developed, a national statistics office (SSB) survey showed on Wednesday.The biggest business sector in Norway now expects to invest 181…
Benthic, part of Acteon's geoservices division, has said it has completed geotechnical site investigation services for Santos at the Dorado field off the coast of Western Australia.Benthic said this week that the work at the Dorado site involved…
U.S. President Joe Biden on Tuesday said he decided to waive sanctions against the company behind the Nord Stream 2 gas pipeline because the project was nearly complete, and doing so could have harmed ties with Europe.Biden, who is preparing…
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