Wintershall Dea and its partners Petoro and Sval Energi have received approval from the Norwegian Ministry of Petroleum and Energy (MPE) for their plans to develop the Dvalin North field and the second phase of the Maria field in the Norwegian Sea…
Guyana-focused oil and gas companies CGX Energy and Frontera Energy Corporation said Wednesday they had discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. 'The Joint Venture…
Japanese shipping company Mitsui O.S.K Lines (MOL) 9104.T has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit (FSO) from the American Bureau of Shipping, its Chief Executive Takeshi Hashimoto said on Wednesday…
Italy's Prysmian has adopted a net zero carbon target by 2050 and slightly upped its emission reduction targets for the near term, the world's largest cable maker said on Wednesday.Prysmian - which supplies cables for industries including high voltage power transmission…
Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said in a letter seen by Reuters. The country is expected to roughly double…
Owners of floating offshore oil drilling rigs on Wednesday began a final round of wage talks with three Norwegian labor unions in a bid to prevent the outbreak of strike action that could disrupt exploration, but not production, negotiators said…
UK-based Sparrows Group, a company providing engineering and maintenance services for global energy and industrial sectors, has secured a three-and-a-half-year contract with INEOS FPS.Under the contract, Sparrows will provide crane and lifting equipment operations…
Norway's government said on Wednesday it had given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come…
Brazil aims to pass a regulatory framework for offshore wind and green hydrogen by the end of this year, the country's energy minister told Reuters on Tuesday, as Latin America's largest nation seeks to unlock new sectors to power its energy transition…
Aquila Holdings, through its subsidiary Axxis Multi Client AS, on Tuesday announced a USD 0.34 million - net to Aquila Holdings - multi-clientseismic data licensing contract with an existing customer. Under the contract, the customer will license…
Oil and gas company PetroNor E&P ASA has agreed to farm out 100 per cent of its participating interest in the two exploration licenses offshore Guinea-Bissau to an SPV owned by Apus Energy DMCC, a subsidiary of Petromal.According to the agreement…
FORCE Technology introduced a new generation of its P-Scan ultrasound scanner for subsea inspections. P-Scan 5 is designed to be easier to configure for a wider range of geometries and asset integrity applications, including regular inspection of submerged pipelines…
Italian oil and gas giant Eni said Tuesday it had signed a deal to sell to Perenco its participation interest in several non-core permits in the Republic of Congo.'The transaction value is approximately $300 million, including firm and contingent consideration…
Italian power cable making and installation group Prysmian Group has chosen the name Monna Lisa for the new 171-meter cable-laying vessel that is currently under construction in Romania. The vessel is the sister ship to Prysmian's Leonardo da Vinci cable layer…
Synergia Energy Ltd. said Tuesday that the North Sea Transition Authority ('NSTA') had confirmed that the Camelot carbon storage license application made by Synergia had been successful. The license application was made jointly with Synergia's 50:50 partner…
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