Australian oil and gas company Woodside, the operator of the offshore area in Senegal containing the Sangomar oil field development, has blocked India's ONGC from joining the project.To remind, FAR, Woodside's partner in the project, in November…
Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…
London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September…
E-commerce and cloud computing giant Amazon has signed a 10-year corporate power purchase agreement with offshore wind firm Ørsted.In what has been described as Europe's largest ever offshore wind power purchase deal, Amazon has committed to…
U.S. oil and gas company ConocoPhillips has via its Norwegian subsidiary ConocoPhillips Scandinavia brought online its Tor II project, a redevelopment of the Tor field, which was in production from 1978 through 2015. The field is located in the Norwegian part of the North Sea…
OPEC+, a group of leading oil-producing countries, will hold informal online talks on Saturday prior to meetings scheduled for next week, a source with the knowledge of the matter said.OPEC+ is debating whether to ease oil output cuts from Jan…
Motive Offshore, a UK-based marine equipment provider has acquired subsea equipment experts, Flowline Specialists, for an undisclosed sum.Motive, based in Boyndie, Banff, Scotland, said that the deal is the latest development in Motive’s growth trajectory…
Mitsubishi Heavy Industries (MHI) is not in discussions to gauge Siemens Energy's interest to sell all or parts of wind turbine maker Siemens Gamesa, the group said on Tuesday.Spanish newspaper Expansion a day earlier had cited financial sources…
Australian oil company Triangle Energy has restarted production from its CH-7 well at the Cliff Head offshore oil field in the Perth Basin, Australia.The company in October said it had begun operations to bring back online two wells at the Cliff head offshore field…
Oil major BP and Ithaca Energy have started production from the Vorlich offshore oil field in the North Sea.The 30-million-barrel field has been developed through two wells with peak production expected to reach 20,000 barrels of oil equivalent gross per day…
OPEC and Russia on Thursday agreed to slightly ease their deep oil output cuts from January by 500,000 barrels per day but failed to find a compromise on a broader and longer-term policy for the rest of next year.The increase means the Organization of the Petroleum Exporting Countries and Russia…
Dutch marine services provider Boskalis will expand its offshore fleet with the multipurpose DP2 offshore construction vessel Boka Tiamat.The company said Thursday that the vessel would arrive in its fleet in January 2021 and that it would be deployed on offshore wind projects in Taiwan…
OPEC and Russia have moved closer to a compromise over oil supply policy for 2021 after talks earlier this week failed to yield a decision on how to tackle weak oil demand amid a second coronavirus wave, OPEC+ sources told Reuters.The Organization of the Petroleum Exporting Countries…
Australia's Woodside [Energy] has changed tack on plans to sell assets to help fund its $11 billion Scarborough gas project, now targeting infrastructure investors instead of energy companies amid a slump in oil and gas prices.Woodside said…
Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest-ever impairment, and slash project spending next year to its lowest level in 15 years.The oil major is reeling…
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