Britain has delayed until mid-July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project. The planned 2.6-gigawatt…
Russia will seek to gather more intelligence about Norway's oil and gas infrastructure as part of an effort to put pressure on European energy supplies, the Nordic country's police security agency (PST) said in its annual threat assessment on Monday…
ONGC Videsh (OVL) Ltd, the overseas exploration arm of India's Oil and Natural Gas Corp, is looking for exploration and production investment opportunities in Africa and Latin America, such as in Ghana and Surinam, managing director Rajarshi Gupta said…
U.S. natural gas futures held near a 21-month low on Tuesday, keeping the contract on track for its second-biggest monthly drop in history, as a decline in output from this week's extreme cold offset forecasts for warmer weather and less heating demand next week than previously expected…
Damen Shipyards Group and Compagnie Maritime Monégasque (CMM) announced a two-year offshore support contract for Damen Fast Crew Supplier (FCS) 7011 Aqua Helix. The vessel will transport personnel to and from offshore platforms in support of an oil and gas decommissioning project…
Capricorn Energy shareholders on Wednesday voted in favor of six new directors proposed by activist shareholder Palliser, and the British oil and gas company said the new board would conduct a strategic review of its businesses.The shareholder vote comes days after five directors…
General Electric recently filed a plan to build two new offshore wind manufacturing facilities in New York if it wins enough orders from companies in the state’s ongoing solicitation for up to 4.6 GW of offshore wind.GE proposed building the…
Purus Wind’s HST Marine has ordered a series of four hybrid crew transfer vessels from shipbuilder Strategic Marine, with options for two additional vessels.The BMT-designed parallel hybrid StratCat 27 (SC27) CTVs will be delivered in the first and second quarters of 2023…
Top oilfield services firm SLB on Friday reported results that topped Wall Street estimates for fourth-quarter profit on strong global demand for its drilling services and equipment.Formerly called Schlumberger, SLB has benefited from increased…
Germany boosted its offshore wind power capacity by 357 megawatts (MW) to 7,036 MW last year, inching towards a planned 30,000 MW by 2030, power grid operator TenneT said.The German arm of the Dutch transmission group will play a key role in achieving the target…
Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are…
An offshore oil worker went missing from a drilling rig in the UK North Sea, 100 miles southeast of the Aberdeen coast, on Sunday.The BBC reported Monday that a search and rescue operation had been launched after an alarm was raised at around 9 p…
Capricorn Energy said on Tuesday that Nicoletta Giadrossi has stepped down from the board as chairperson with immediate effect, along with Chief Executive Officer Simon Thomson and three other directors. The British oil and gas producer said James Smith will remain the chief financial officer…
Santos Ltd faces a new delay in developing the Barossa gas project off northern Australia after a regulator ordered it to evaluate environmental risks to underwater indigenous cultural heritage before starting pipeline construction.The Jan. 13 notice…
The chief executive of Italy's Eni Claudio Descalzi is on course to secure Prime Minister Giorgia Meloni's backing for an unprecedented fourth term at the top energy group, sources told Reuters.Another three years in office would make Descalzi…
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