An Italian judge accepted on Thursday a request filed by energy group Eni with prosecutors to pay 11.8 million euros ($14 million) to settle an investigation into oil permits in Congo Republic.'Eni reiterates that is pleased that the Milan Court…
INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million. The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…
Norwegian offshore survey company EMGS said Thursday it had won a 3D CSEM contract in Southeast Asia. 'This is EMGS's first CSEM data acquisition contract with this customer,' EMGS said without sharing who the customer was.'The company expects…
Norway's Equinor has awarded Tenaris the contract for the supply of tubulars for the Northern Lights CO2 transport and storage project offshore Norway.From its Dalmine mill in Italy, Tenaris will produce a 105km 12” Carbon Manganese (C-Mn) seamless line pipe for the project…
British North Sea-focused oil producer EnQuest is 'confident' it will secure a refinancing deal needed to buy an additional 10,000 barrels per day of output capacity, it said on Thursday, as it reported a 43% drop in free cash flow in 2020.Last month…
Jack-up drilling contractor Shelf Drilling has been awarded a two-year contract extension for its Trident 16 jack-up drilling rig.The Oslo-listed company said the contract extension was with Egypt's Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez offshore Egypt…
Offshore wind developer Ørsted has appointed Joanne Fernandez as Head of Government Affairs and Policy in New York.Fernandez will be responsible for setting and shaping the Ørsted legislative and regulatory agenda in New York as well as working…
Floatel International, a company providing offshore accommodation rigs for the oil and gas industry, said Wednesday it had successfully completed its comprehensive balance sheet restructuring.The company said it had secured a fully consensual deal among all key stakeholders…
The developers of what will be the world's largest offshore wind farm, the Dogger Bank wind farm in the UK, have revealed the design for Operations and Maintenance (O&M) Base in the Port of Tyne, that will serve the wind farm.Subject to planning approval…
Malaysian oil and gas company Petronas has become the first energy company to produce LNG from two floating LNG facilities, after the LNG shipment was delivered by its floating LNG facility PFLNG DUA on Wednesday, March 24.The cargo was loaded…
Fourteen U.S. states including Louisiana and Wyoming filed suits on Wednesday against President Joe Biden's administration to challenge his pause on new oil and gas leasing on federal lands and waters.The legal actions, which seek to restore regular federal drilling auctions…
Norwegian energy company Equinor has been granted consent to use the Transcoean Norge semi-submersible drilling rig for drilling and well operations on the Gullfaks field, in the North Sea, off Norway.The Petroleum Safety Authority Norway, which…
Vaarst, an offshore robotics technology spin-off from ROV-services firm Rovco, was formally launched Wednesday.Vaarst says its goal is to revolutionize the offshore robotics sector - 'leveraging intelligent data flows for smart asset management…
Renewables giant RWE has taken the Financial Investment Decision on its 1.4 gigawatt (GW) Sofia offshore wind farm in the UK, its largest offshore wind project to date. The project will feature the largest ever offshore wind turbines.RWE said the project…
Malaysian drilling contactor Velesto Drilling has won two offshore drilling rig contracts with Petronas Carigali.Under the contracts valued at $20.76 million in total, Petronas Carigali will hire Velesto's jack-up rigs Naga 2 and Naga 5.The Naga 2 jack-up…
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