Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…
The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project…
Six consortia have pre-qualified to take part in the tender for Denmark's largest offshore wind farm Thor, the Danish Energy Agency said Thursday.Thor will have a capacity of 800-1000 MW when it is fully installed and connected to the grid, which is expected to happen by 2027…
Wind turbine maker Vestas said on Thursday it will lay off 220 employees, primarily in Denmark and Britain, as part of the integration of its onshore and offshore operations.This follows the Danish company's October announcement that it would…
Norway's BW Energy has increased its stake in the Kudu License offshore Namibia from 56% to 95%, following the signing of a farm-in and carry agreement with the National Petroleum Corporation of Namibia (NAMCOR). NAMCOR will retain the remaining 5% working interest…
French oil giant Total and its partner Apache said Thursday they'd made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous offshore discoveries in the Block at Maka Central…
Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over-fishing, rising temperatures and pollution.Together, the companies generated $1.1 trillion in revenues in 2018…
Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260…
Nigeria's senate president said that despite forces 'working desperately' to derail a long-delayed oil overhaul bill, lawmakers will push the bill through the national assembly.The measure, 20 years in the making, underpins everything from oil exploration to gas pipelines and fuel regulation…
Offshore drilling contractor Stena Drilling has awarded a 'six-figure' fleet-wide deal to cloud reporting and analytics firm Independent Data Services, which will deploy solutions for near-real time rig and fleet-wide performance benchmarks…
Ørsted warned a return to more normal wind speeds this year would hit operating earnings after the world's biggest offshore wind farm developer raised its profit forecast for 2020.The Danish company said on Tuesday it now expected operating profit of about 18 billion Danish crowns ($2…
Shell's Malaysian subsidiary Sarawak Shell Berhad has extended the contract with Malaysian offshore vessel owner Dayang Enterprise for the use of the Dayang Opal accommodation workboat.The value of the contract is based on work orders issued…
The UK Oil and Gas Authority said Wednesday to would take a 'blended approach' when it comes to the companies' compliance with oil and gas license timelines, in the wake of the pandemic.The regulator had back in March 2020 said it would seek…
Germany-based marine data and equipment firm Subsea Europe Services and marine robotics and autonomous systems Cyprus Subsea Consulting and Services, based in Cyprus, have entered strategic cooperation.The cooperation will see the two companies…
Danish offshore support vessel operator Maersk Supply Service will continue providing marine support to The Ocean Cleanup, a nonprofit engineering and environmental organization working to rid oceans of plastic pollution.The Ocean Cleanup’s…
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