UK North Sea-focused oil company Ithaca Energy has completed the acquisition of the remaining 40% stake in the Fotla offshore discovery and three exploration licenses - P.213 Area C, P.345 Area A and P.2536 - from Spirit Energy. The acquisition…
Portugal has kicked off the preparatory process for its first auction of licenses to build wind farms off the Atlantic coast by inviting companies to present non-binding declarations of interest by Nov. 14.The environment ministry said in a…
FPSO leasing company BW Offshore said Thursday that the hull of BW Opal, one of the largest FPSO hulls ever built and destined for Santos' Barossa gas project in Australia, had set sail from a yard in South Korea and was en route to Singapore for topside integration…
Shell is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters.The British oil and gas major filed the claim in London's High Court…
Italian steel pipe maker Tenaris late on Wednesday posted a 10% decline in third-quarter net profit due to a slowdown in North and South America and lower shipments to offshore projects and Argentina.The company's shares were up 7.9% by 0833 GMT…
NOAA Marine and Aviation Operations will hold a hiring event in Norfolk, Virginia to recruit professional mariners to work aboard NOAA’s ocean research ships. The event will be held on Nov. 15 at the NOAA Marine Operations Center - Atlantic…
A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses…
France's Technip Energies on Thursday reported a lower but still slightly better-than-expected third-quarter revenue, supported by project deliveries and growth in order backlog despite Russian-exit headwinds. The energy infrastructure firm posted adjusted revenue of 1…
The U.S. on Tuesday imposed a form of sanctions on Myanma Oil and Gas Enterprise (MOGE), the U.S. Treasury Department said, but stopped short of imposing full blocking sanctions on the ruling junta's main source of foreign revenue.The action…
Lloyd's Register (LR) will classify two methanol-ready Commissioning Service Operations Vessels (CSOVs) being built by VARD for the UK-based offshore vessel operator North Star.'The new tonnage will increase North Star’s offshore wind capabilities…
Equinor on Friday cut its full-year oil and gas output guidance while posting a bigger-than-expected profit for the third quarter, boosted by the company's trading unit.The Norwegian energy group's adjusted earnings before interest and tax for July-September fell to $8…
Energy company Repsol's REP.MC adjusted net profit fell 27% year-on-year in the third quarter because of lower oil and gas prices, it said on Thursday, adding it would further diversify into renewables to offset fossil fuel volatility.The company reported an adjusted net profit of 1…
Brazilian state-run oil company Petrobras said on Thursday that its crude oil production during the third quarter rose 9.6% from the same period last year.Petrobras pumped 2.32 million barrels per day (bpd) in the July-to-September period, the firm said in a statement…
Subsea 7 said Tuesday that its subsidiary Seaway 7, offering services in offshore renewables, had secured a 'substantial' contract with Norway's Equinor and its Polish partner Polenergia for the inter-array cables of the MFW Bałtyk II and MFW Bałtyk III bottom-fixed offshore wind projects…
MAN Energy Solutions has won the contract for the delivery of three integrally-geared compressor trains (IGC) for Porthos, the first large-scale carbon capture and storage (CCS) project in the Netherlands. The Port of Rotterdam Authority, Energie Beheer Nederland B…
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