Oil and gas company Hartshead Resources plans to conduct site surveys at two locations in the UK North Sea at the Anning field site.According to a notice to mariners issued by Charles Keiller & Associates Limited, the 1km x 1km survey would be conducted in Block 49/17b…
Trillion Energy International, an oil and gas firm focused on the Turkish section of the Black Sea, said Tuesday it had started drilling the Bayhanli-2 well at the SASB offshore gas field.Bayhanli-2 is the fifth gas well in the company's multi-well drilling program at the SASB gas field development…
TotalEnergies is considering a bid for private equity-backed gas and oil producer Neptune Energy Group, Bloomberg News reported on Thursday, citing people familiar with the matter. The French company is among the suitors that have held early-stage talks with Neptune…
Viaro Energy's subsidiary RockRose Energy has struck a farm-in agreement with Hartshead Resources, to acquire a 60% working interest in Production Licence P.2607 containing the Anning and Somerville fields in the UK North Sea. Hartshead will retain a 40% working interest in the offshore license…
British North Sea-focused oil producer EnQuest said on Wednesday that its 2022 free cash flow jumped 31% from the previous year to $519 million on the back of higher prices, beating guidance, but a windfall tax weighed on its accounts. EnQuest has deferred drilling on its Kraken field…
Petrofac Ltd said on Wednesday it expects to report a wider operating loss of about $150 million to $170 million for 2022, after a review of its portfolio of contracts and contractual and commercial issues revealed increased costs. The oilfield…
Scotland's new First Minister Humza Yousaf and Just Transition Secretary Màiri McAllan this week visited Port of Aberdeen's £400 million South Harbour expansion.According to Port of Aberdeen, the duo heard firsthand how the port 'supports Scotland's…
China's CIMC Raffles, best known to Offshore Engineer readers for its offshore drilling rig construction project, has recently launched and delivered China's first semi-submersible offshore floating solar power platform.According to CIMC, the…
UK-based oil and gas company Harbour Energy and oil major BP on Monday said they had agreed to develop the Viking CCS transportation and storage project in the UK.Harbour continues as operator of Viking CCS with a 60%, with BP acquiring a 40% non-operated share…
Britain set out plans to boost energy security and tackle emissions on Thursday, but critics said a lack of new investment and incentives meant it failed to provide any new boost for the country's green energy sector.Britain's net zero start…
New rules that cap total Australian greenhouse gas emissions and curb some new gas and coal investments in the country will come into effect on 1 July after parliament passed an upgraded emissions reduction plan on Thursday.The 'Safeguard Mechanism'…
Oilfield services giant Baker Hughes said this week it had completed the acquisition of Norway-based well intervention specialist Altus Intervention.'Today, we are pleased to announce the completion of the Altus Intervention acquisition. This…
Offshore cable maker NKT won a contract to deliver the high-voltage DC on- and offshore export cable system for Ørsted's Hornsea 3 offshore wind project in the UK. NKT said that the final order has an estimated contract value of approximately…
China's CNOOC more than doubled its net profit in 2022, benefiting from a year of elevated international oil and gas prices following Russia's invasion of Ukraine. The company, one of China's three largest state-controlled oil and gas companies…
French oil major TotalEnergies has spudded the 'highly prospective' Benriach Well in the Laggan Tormore area, west of Shetland, UK.This is according to Kistos, TotalEnergies' partner in the project, who said Tuesday that TotalEnergies had started drilling at the exploration well…
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