GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated.The statement comes as the company has been grappling with fallout from three separate blade accidents in four months…
Eni and Snam, as part of the equal joint venture, have started of CO2 injection activities in the reservoir for Phase 1 of Ravenna Carbon Capture and Storage (CCS) project.Designed to support industrial decarbonization, Ravenna CCS is the first project for the capture…
Santos has concluded negotiations for the divestment of partial stake in an offshore gas project to TIMOR GAP, which will join the Bayu-Undan project as partner.Santos said the Bayu-Undan Joint Venture (BUJV) and TIMOR GAP have agreed terms…
The partners in the offshore Aphrodite natural gas field have submitted a plan to the Cypriot government to develop the project at a cost of about $4 billion, Israel's NewMed Energy said on Sunday.NewMed said that together with partners Chevron…
Operator TotalEnergies has repaired the intermediate pressure compressor transformer at Tyra II that was subject to an operational occurrence in April 2024 which delayed ramp-up to maximum capacity.It was repaired onshore and is now back at the Tyra facilities offshore Denmark…
Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker BP and TotalEnergies.The Norwegian authorities have received applications from…
Offshore drilling contractor Constellation has secured a new contract with Shell for its Alpha Star ultra-deepwater drilling rig offshore Brazil.The contract is for approximately 30 days, having started on August 30, 2024.The new contract will…
Britain's windfall tax on North Sea oil and gas companies' profits is causing irreversible damage to the industry, EnQuest's CEO said on Thursday, adding his voice to critics of the levy the government is poised to increase.On Thursday, EnQuest reported a profit after taxation of $30…
Petrobras has signed 26 concession contracts, acquired in partnership with Shell, for the blocks located in the Pelotas Basin, offshore Brazil.The concession contracts are part of the fourth Permanent Concession Offer Cycle of the public session held by the National Agency of Petroleum…
Norway's Equinor may reconsider investing in oil and gas in Britain if the Labour government changes the industry's tax regime, a top company executive told Reuters.Equinor's head of international operations said it may not be as attractive…
A Chevron-led consortium that holds licensing rights over a gas field off Cyprus will present an updated development plan within days, one of the partners said on Monday, after Cyprus gave them a three-month deadline to comply.There have been…
Equinor plans to invest 60 billion-70 billion crowns ($5.7 billion-$6.7 billion) per year offshore Norway towards 2035 as it expects continuing strong demand for oil, it said on Monday.Norway is Europe's largest gas supplier and a major producer of oil…
Deliveries for exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway had a value of more than NOK 134 billion ($12.8 billion) in 2023, 94% of which were invoiced by Norwegian suppliers.The…
DOF Subsea (DOF) on Friday announced a contract extension and a contract award securing further backlog for the Asia-Pacific (APAC) region.A contract extension has been secured for dive support vessel Skandi Singapore with the vessel fully committed…
The United States is advancing plans for a second regional offshore wind energy auction in the Central Atlantic.On Wednesday, the Interior Department's Bureau of Ocean Energy Management (BOEM) announced it will issue a Call for Information and Nominations for the Central Atlantic 2 sale…
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