Qatar's state-owned energy company on Wednesday signed a deal to acquire from ExxonMobil stakes in two Canadian offshore explorations block, the latest in the Gulf state's efforts to expand its global oil and gas portfolio.QatarEnergy, the world's largest producer of liquefied natural gas (LNG)…
BP and Abu Dhabi's state oil giant ADNOC on Tuesday made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion.The offer would involve acquiring NewMed's free floating shares and taking the company…
Brazilian oil company Enauta Participações has concluded the production ramp-up of the new well in its Atlanta field offshore Brazil., Enauta had said earlier this week that it had connected the new well 7-ATL-5H-RJS (“5H”) to the FPSO Petrojarl I…
China's WuHu Shipyard has cut the first steel for an Orca series heavy lift vessel being built for an alliance between SAL Heavy Lift GmbH and Jumbo Shipping.Back in September 2022, SAL and Jumbo said they had signed building contracts for four…
Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for the well 6406/5-2 S, in the Norwegian Sea, off Norway.NPD said Monday the drilling would start in March, using Odfjell Drilling's semi-submersible drilling rig Deepsea Stavanger…
A federal judge has dismissed a lawsuit filed by New York and New Jersey residents challenging preliminary government plans for offshore wind farm development off the Atlantic coast.U.S. District Judge Dabney Friedrich in Washington, D.C., said [last] Thursday that the U…
A deteriorated bollard led to a Valaris drillship breaking away and colliding with a bulk carrier in Pascagoula, Miss. last year, the National Transportation Safety Board (NTSB) said Thursday.On March 12, 2022, the mobile offshore drilling unit…
The Brazilian oil company Petrobras has exercised a charter extension option for DOF Subsea's diving support vessel Skandi Achiever, including ROV and diving services. The new commitment will now run until February 2024.This is the second vessel deal for DOF Subsea in Brazil in as many weeks…
Five companies have applied for an area in the Norwegian section of the North Sea for potential storage of CO2, The Norwegian Ministry of Petroleum and Energy said Monday.According to the plan, acreage will be awarded in the first half of this year…
Petrobras could face lawsuits for breach of contract after the company halted planned asset sales at the request of Brazilian leftist President Luiz Inacio Lula da Silva's government, specialist lawyers said on Friday.Petroleo Brasileiro SA…
The offshore oil and gas sector is back and is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up, the Norwegian energy industry intelligence firm Rystad said in a report Tuesday…
Brazilian oil company Enauta announced the Petrojarl I floating production storage and offloading unit (FPSO) is back online following preventative maintenance.The FPSO, used as an early production system at Enauta's Atlanta field, required a brief period of work on its water-cooling system…
French oil and gas services provider Technip Energies announced on Thursday lower annual revenue and guidance for 2023, citing the impact of its exit from a major LNG project in Russia. While the project withdrawal had no financial impact on the company in 2022…
Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery 'brings another hundred million tons of reserves.'Bozhong 26-6 oilfield is located in the south of the Bohai Sea…
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