Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…
Malaysian oil giant Petronas has announced its plan to achieve net-zero carbon emissions by 2050.The company' President and Group Chief Executive Officer, Tengku Muhammad Taufik said: 'As the world contends with the many challenges brought about by energy transition…
Malaysia's Hibiscus Petroleum completed the St Joseph minor sands infill and major sands redevelopment infill drilling campaign in its North Sabah PSC, Malaysia.The offshore drilling campaign involved the drilling and completion of four infill…
Offshore wind has the potential to impact North America's entire offshore energy, maritime, ports and logistics value chain. An October 22 webinar presented by World Energy Reports, Ørsted and American Bureau of Shipping (ABS) will deliver insights on the current progress…
Oil and gas major BP has started gas production from its Qattameya gas field in the East Nile Delta offshore Egypt.The field, discovered in 2017 and located in the North Damietta offshore concession, is expected to produce up to 50 million cubic feet of gas per day…
Oil and gas company Wintershall Dea has started drilling the first of what will be six development wells at its Nova field in the Norwegian part of the North Sea.The Nova field, operated by Wintershall Dea which holds a 45% stake, will be developed…
Norwegian energy firm Equinor said on Tuesday it had submitted two bids in New York's second offshore wind auction, following a deal it signed with BP last month to cooperate on offshore wind in the United States.Equinor said it was bidding for two projects off the U…
ADM Energy, an AIM-listed oil and gas investing company with interest in the Aje oil field offshore Nigeria, has appointed Lionel Therond as its Chief Financial Officer.West Africa-focused ADM said this week that Therond had 35 years' experience in the oil & gas sector and investment banking…
Offshore engineering and construction firm McDermott on Thursday announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for Japans' Modec.The new shipment comes just weeks after the first…
Australian oil and gas company Santos has executed documentation to enter into a new US$750 million syndicated bank loan, to refinance existing debt facility established for the acquisition of ConocoPhillips’ northern Australian and Timor-Leste assets…
Dutch offshore installation contractor Heerema Marine Contractors has installed two jackets for wind farm developer Ørsted. The jackets will provide the foundation for the Hornsea 2 offshore wind farm’s RCS and OSS platforms.Heerema used its…
Australian oil and gas company Triangle Energy has started works to bring back online two wells at the Cliff head offshore field in the Perth Basin, Australia.The two wells, CH-6 and CH-7, were shut in June. CH-6 was shut due to a pump failure…
U.S. Gulf of Mexico focused oil company LLOG on Monday reported 'continued successful drilling results' at its Spruance offshore discovery, as well as the finalization of development plans for the field. The Spruance discovery is located in…
Tyra – Denmark’s largest gas and condensate field and main gas processing hub – was, a few years ago, on the verge of being decommissioned, which would have, according to reports back then, wiped out thousands of jobs.The field located 225km west of Esbjerg…
Longitude, the engineering and design branch of LOC Group, has appointed James Sugden as head of the Marine Systems Engineering team.Longitude said the appointment expands the company’s expertise in the design and engineering of marine systems on ships…
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