Oil and gas company Energean, focused on bringing online the Karish gas field offshore Israel, said Monday it had signed a supply agreement with the Israel Electric Company, the largest Israeli buyer of natural gas.'IEC will now have the right to purchase natural gas from Energean’s fields…
HAL Holding said Thursday it intended to launch an offer for the Dutch marine services and dredging giant Boskalis' all issued and outstanding ordinary shares of Boskalis, at €32.50 per share.HAL, which currently holds 46.2% of the issued Boskalis shares…
Nigeria's Seplat Energy is on track to buy Exxon Mobil's offshore shallow water business in the country for $1.28 billion, Seplat's chairman told Reuters on the sidelines of the CERAweek energy conference by S&P Global.The comments come amid…
Russia said it could cut gas deliveries to Germany through the Nord Stream 1 pipeline amid rising tensions over the Ukraine crisis, disrupting a route that accounted for 60% of Russian gas supplies to Europe in the first two months of this year…
The Hongkong based Unmanned Surface Vessel manufacturer OceanAlpha is showcasing its innovative USV portfolio for inland hydrography survey, offshore operation and maintenance (O&M) and smart rescue solutions at the Oceanology International (OI2022) held from March 15 to 17 in London Excel…
BP, Shell, Exxon, Equinor flag Russia exitsTotalEnergies sticks with Russian natgas assetsLNG central to TotalEnergies' strategyFrance's TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from the country after its invasion of Ukraine…
Engineering firm, a major supplier to the oil industry, has decided to pay a regular dividend and buy back stock as it swung to a full-year profit in 2021 and its outlook improved, the company said on Thursday.Subsea 7 said it 'firmly' believed…
Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…
Malaysian offshore oil and gas services provider Alam Maritim has won a contract with Petrofac to provide transportation, installation, and pre-commissioning of flexible risers for the Cendor pipeline project in Malaysia. The total contract value is RM52 million (around $12…
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey continued to shatter all records on Friday, reaching over $3.8 billion with one single block fetching over $1 billion.The auction, which began on Wednesday…
Oil major BP has started up production from its Herschel Expansion project in the Gulf of Mexico, in what is the first of four major projects scheduled to be delivered by BP globally in 2022.The first phase of the Herschel Expansion project…
The logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) will supply a floating storage unit to LNG logistics company AG&P to launch the Philippines' first LNG import terminal in July, the companies said on Wednesday.Singapore-based Atlantic…
Britain sees a 'good, solid' future for the North Sea's oil and gas industry and will issue new licenses to expand output in the future, Energy Minister Greg Hands said on Tuesday.'We need continued investment into the North Sea,' Hands told the International Energy Week online conference…
A group of four saturation divers from the U.K. recently rowed across the Atlantic Ocean to tackle a challenge of lifetime while raising money for a local cancer charity.Chris Ayres, Lewis Locke, James Piper and Andy Taw—all employed by Helix…
Oil has spilled from an Eni-operated oil pipeline in the Irish Sea, the UK Energy & Climate Change Minister Greg Hands MP said on Twitter Tuesday.'I am being kept regularly updated following a release of oil from a pipeline in the Irish Sea…
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