Subsea 7 has secured contract by Equinor for a front-end engineering and design (FEED) study with engineering, procurement, construction and installation (EPCI) option for the Fram Sør development project, offshore Norway.The study will finalize…
The National Audubon Society has released a report that shares clear strategies and policy recommendations for balancing clean energy demand with conservation in order to combat climate change while protecting birds and their habitats.The report…
Offshore accommodation rig provider Prosafe has signed a contract extension with Petrobras for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil.The original 650-day firm period was due to complete in February 2025…
The Danish Energy Agency has launched the fourth licensing round for exploration and CO2 storage in three areas near the Danish coast.The licensing round for exploration and use of the subsurface for geological storage of CO2 covers Jammerbugt…
The North Sea Transition Authority (NSTA) has imposed a penalty of $154,000 on CNOOC Petroleum Europe for venting without consent at its Buzzard field, 60 miles north-east of Aberdeen, on two separate occasions in a two-week period.On May 31…
Norway's natural gas production rose by 6.9% in 2024 to a record 124 billion cubic metres (bcm) but is expected to ease slightly this year, the Norwegian Offshore Directorate (NOD) said on Thursday.Norway became Europe's largest supplier of natural gas following Russia's invasion of Ukraine in 2022…
TotalEnergies will start drilling an exploration well on Suriname's Block 64, the company's country manager Artur Nunes da Silva said on Wednesday, adding final costs and further well operations were still being organized.Suriname is working to build its offshore oil and gas industry…
Irish ocean data company XOCEAN has secured $118.3 million investment to support its expansion across multiple offshore segments including wind development and operations, asset integrity assurance, CCUS, and civil hydrography.XOCEAN partnered with S2G Ventures to structure the round…
Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan…
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp ONGC on Thursday.ONGC named…
Kongsberg Discovery has reached agreement to acquire Naxys Technologies, a Bergen-based subsea company that specializes in technology for recognizing the sound of oil and gas leaks.Martin Wien Fjell, CEO of Kongsberg Discovery, points to the…
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.Shell told Reuters that discovered oil and gas…
The U.S. state of Alaska has sued the Biden administration for what it calls violations of a Congressional directive to allow oil and gas development in a portion of the federal Arctic National Wildlife Refuge (ANWR).Monday's lawsuit in the U…
U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the Energy Information Administration (EIA) said on Wednesday.Crude inventories fell by 959,000 barrels to 414.6 million barrels in the week ended Jan…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
Subscribe
