Oil major Shell has sold its 35% stake in Indonesia’s Masela offshore block to PT Pertamina Hulu Energi and Petronas. The sale includes the Abadi gas project. The completion of the sale follows regulatory approval from Indonesia’s Ministry of…
TotalEnergies-operated Tyra Redevelopment Project in Denmark is set to start production in the early first quarter of 2024, BlueNord, a partner in the project, said Wednesday.Tyra is Denmark’s largest natural gas field which has been processing…
An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, ending an impasse that had led workers to threaten renewed strikes this week.The Offshore Alliance…
The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development of an offshore gas project with Venezuela, the Caribbean country's Energy Minister Stuart Young said on Tuesday…
Exxon Mobil Corp. expects to make a final investment decision on its sixth oil project in Guyana by the first quarter of 2024, the company's country chief Alistair Routledge said on Tuesday.In August, Exxon and its partners proposed a plan to spend $12…
Finnish investigators looking into damage to a Finnish-Estonian gas pipeline said on Tuesday they are probing several ships, including one Chinese and one Russia-owned, which were present in the Gulf of Finland at the time.“Investigation measures have been focused on several vessels…
More than 20 companies including Exxon Mobil, a unit of Saudi Aramco, BP and Shell have submitted bids to compete for a contract to market Guyana's share of oil production, the government said on Tuesday.The 12-month contract, which allows the…
Costs have risen significantly in the past year for the Netherlands' multi-decade plan to connect its power grid to proposed North Sea wind farms due to rising interest rates, the country's Economic Affairs Ministry said on Tuesday.The global…
UK-based offshore well decommissioning specialist Well-Safe Solutions is looking to expand its capabilities and venture into the carbon capture, usage and storage (CCUS) and geothermal sectors too.To help facilitate this scope expansion, Well…
Italy's Eni said on Tuesday it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage (CCS) projects under development in the country.Eni is the carbon…
Offshore wind farm developer Ørsted has signed an agreement to divest 50% of the Gode Wind 3 Offshore Wind Farm in Germany to funds managed by Glennmont Partners from Nuveen.Glennmont is one of Europe’s largest fund managers, focused exclusively on investments in clean energy infrastructure…
Will the emergence of a floating offshore wind industry drive demand for newbuilds? When would these new vessels be needed? And will there enough qualified mariners to crew them? Philip Lewis, director of research at Intelatus Global Partners, weighs in.See the full video interview here.
Africa should be treated fairly while addressing global climate challenges as the continent contributes the smallest share to green house gas emissions globally, OPEC Secretary General Haitham Al Ghais said on Tuesday.Addressing an energy conference in Cape Town…
A tanker carrying liquefied natural gas (LNG) arrived at Finland's Inkoo terminal on Tuesday, vessel tracking data showed, the first such cargo to appear following the Oct. 8 outage of a Finnish-Estonian gas pipeline.The Maran Gas Vergina, carrying U…
Dutch offshore equipment and technology firm Huisman has launched a system that it says empowers crane operators with the ability to anticipate and react to approaching wind speeds, gusts, and direction during the installation process of turbine blades…
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