TotalEnergies and its partners in the Danish Underground Consortium (DUC) have confirmed that Tyra II redevelopment project is on schedule to restart operations in March 2024.DUC – a partnership between TotalEnergies (operator, 43.2%), BlueNord (36…
U.S. Gulf of Mexico-focused oil and gas company W&T Offshore has completed the accretive acquisition of six oil fields in shallow waters of the Gulf of Mexico for $72 million.W&T Offshore was the successful bidder for certain synergistic assets in the Gulf of Mexico offered by MLCJR…
The U.S. Department of Energy's (DOE) Water Power Technologies Office (WPTO) and Wind Energy Technologies Office (WETO) have released a $14.5 million funding opportunity to support foundational research at higher education institutions related to marine renewable energies…
Three permits given by the Norwegian government to develop new offshore oil and gas fields were found to be invalid on Thursday because their environmental impact was not sufficiently assessed, in a ruling that could set a precedent for new fields…
UK-based company HydroWing has designed an innovative new barge that aims to cut costs of installation and maintenance for its patented tidal stream array technology.HydroWing technology features a wing system that streamlines operations and…
The Norwegian Offshore Directorate has released figures for 2023, saying production was somewhat lower than was expected a year ago.This is largely due to unplanned and extended maintenance shutdowns at multiple onshore facilities and fields…
Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.Due to expire in 2028, the Ketapang PSC extension was officially…
Ryan Conger, Technical Sales Manager for APM at ABB Energy Industries, explains how reactive asset performance management (APM) has evolved into APM 4.0, and why partnering with a trusted technology provider can help oil and gas operators avoid costly downtime and maximize profitability…
TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir…
Russian energy giant Gazprom said on Wednesday it set a new daily record the previous day for gas supplies to China through the Power of Siberia pipeline.Gazprom did not provide a figure for the new daily record but said total gas exports to China via the pipeline amounted to 22…
Oil and gas company PetroNor E&P ASA has confirmed the completion of the Guinea Bissau farm-out transaction with Apus Energy DMCC for exploration licenses offshore Guinea-Bissau, and secured license for PNGF Bis in Congo.Over the Christmas holiday period…
Akkrake Petroleum, a fully-owned subsidiary of Rex International-Monarch Marine Holding joint venture Porto Novo Resources, has signed a production sharing contract for operatorship and working interest in an oil field offshore Benin, West Africa…
Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling…
Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation…
HSM Offshore Energy announced it hosted a steel cutting ceremony in Schiedam, the Netherlands, to mark the start of construction on the offshore substation and the jacket for RWE's THOR Offshore High Voltage Station (OHVS) project. HSM, together…