Norway on Wednesday announced an area in the North Sea for applications related to the injection and storage of CO2 on the Norwegian continental shelf.Minister of Petroleum and Energy Terje Aasland said there was a great interest from companies…
Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to Britain hitting its emissions targets. Power giant Orsted aims to build a huge offshore windfarm to help the country meet renewable goals…
Germany imported 12.3% less natural gas in 2022 than the previous year, at 1,449 terawatt hours (TWh), as the withdrawal of Russian export supplies of fossil fuels triggered an energy crisis, the country's energy regulator said on Friday. Norway took over from Russia as the number one supplier…
Europa Oil & Gas, a company that owns an offshore block in Ireland containing what it says is the 'significant' Inishkea gas prospect, has hired advisors to help it find a partner to drill at the prospect.Europa has engaged Llamas and Bannister…
The Norwegian offshore drilling company Odfjell Drilling has, on behalf of the China-based rig owner CIMC Offshore, signed a contract with the Polish oil firm PGNiG for the Deepsea Yantai offshore drilling rig.PGNiG will use the semi-submersible drilling rig to drill one firm well…
Offshore drilling company Transocean has secured contracts and extensions worth $488 million in total for five offshore drilling rigs.In the U.S. Gulf of Mexico, the ultra-deepwater drillship Deepwater Invictus has won a 100-day, three-well contract with an unnamed independent operator…
TotalEnergies encountered hydrocarbons upon entering the reservoir during recent appraisal drilling at the Isabella discovery in the UK North Sea, about 270 km southeast of Aberdeen.This was shared by Ithaca Energy, TotalEnergies' partner in the Isabella discovery (P1820) in Block 30/12d-12…
Offshore drilling firm Borr Drilling said Friday it had secured new contracts for two of its premium jack-up drilling rigs. 'These awards increase the company's backlog by approximately 2,030 days, excluding optional periods,' Borr Drilling said…
Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the world’s second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed…
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…
Oil and gas company Neptune Energy has awarded a two-well contract extension for the semi-submersible drilling rig Deepsea Yantai.The rig, owned by China's CIMC Raffles, is managed by the Norwegian offshore drilling firm Odfjell Drilling.Odfjell…
Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy.Marubeni Corporation has been implementing this first utility…
Marijana Sosic, Manager, Technical Marketing at Transocean, discusses some of the outstanding features of the Deepwater Atlas – Built in Singapore at Sembcorp Marine's Jurong Shipyard and flying the Marshall Islands flag – and sister-ship Deepwater Titan…
Dutch FPSO leasing company SBM Offshore said Tuesday that production had resumed from its FPSO Cidade de Anchieta, offshore Brazil, after a lengthy shutdown.The Cidade de Anchieta, under contract with Petrobras in Brazil, has been shut down since January 22…
Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media.The reported oil workers’ protests, which Reuters could not verify, come…