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Talos Makes Oil and Gas Discovery at Sunspear Prospect in U.S. Gulf of Mexico

Aug 11, 2023

U.S.-based Oil and gas company Talos Energy has discovered oil and gas at the Sunspear prospect in the U.S. Gulf of Mexico.Talos Energy shared the news of the discovery this week in its second-quarter results presentation.According to Talos…

VIDEO: Offshore Wind Turbine Catches Fire in UK

Aug 15, 2023

A wind turbine at RWE's Scroby Sands offshore wind farm in the UK reportedly caught fire Tuesday.Drone footage, shared by Oliv3r Drone Photography, showed the turbine's nacelle and blade engulfed in flames, releasing thick smoke into the air…

Tullow's Gabon Licenses Extended to 2046

Aug 09, 2023

Oil and gas firm Tullow said Wednesday it had received approval from the Government of Gabon for the extension of several of its Gabon licences to 2046.'The license extensions increase the value of Tullow's resource base through the addition of c…

Indonesia's Gas Ambition Faces Investor Test with Shell, Chevron Exits

Aug 11, 2023

Indonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas projects will jumpstart their development, as it races to more than double gas production by 2030.The Masela and Indonesia Deepwater Development (IDD) projects…

How Would a Strike at Australian LNG Facilities Affect Gas Markets?

Aug 11, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert strikes at Australian liquefied natural gas (LNG) facilities that together account for around 10% of global production.Concerns over industrial action…

Harbour Energy Bids Farewell to Vietnam: Big Energy Steps In

Aug 10, 2023

UK-based oil firm Harbour Energy said Thursday it would sell its business in Vietnam to Big Energy Joint Stock Company for a consideration of $84 million.  Harbour Energy's Vietnam business includes a 53.125 percent interest in the Chim Sao and Dua producing fields in Block 12W…

Britain Boosts Latest Renewable Power Subsidy Round by 22 Million Pounds

Aug 03, 2023

Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.The move comes after Britain’s…

ROVCO Wins Survey Work at Proposed 1.4GW Floating Wind Farm Site

Aug 09, 2023

Rovco, a UK-based subsea robotics and survey firm, has won a contract with Flotation Energy to carry out a geo-environmental survey at its planned Cenos floating offshore windfarm, 200 kilometers off the north-east coast of Scotland.Located in the Central North Sea…

Shelf Drilling Wins $17M Contract for Offshore Drilling Rig in UK North Sea

Aug 02, 2023

Offshore drilling company Shelf Drilling has won a contract for the Shelf Drilling Fortress jack-up drilling rig with a European subsidiary of the Chinese oil company CNOOC in the UK North Sea.Under the contract, the rig, owned by Shelf Drilling's subsidiary Shelf Drilling North Sea…

India's GAIL Close to Finalizing Qatar LNG Purchase Deal

Aug 03, 2023

GAIL (India) Ltd is close to finalizing a long-term liquefied natural gas (LNG) import deal with Qatar to buy at least 1 million metric tons per year, potentially for more than 20 years, three industry and trade sources said.The deal would be…

UK to Grant Over 100 North Sea Oil and Gas Licenses

Jul 31, 2023

Britain will grant more than 100 new oil and gas licences in the North Sea as part of efforts to tap domestic supplies and become more energy independent, the government said on Monday. Prime Minister Rishi Sunak said the move was compliant with the government's environmental targets…

Yinson Acquires Atlanta FPSO. First Oil in Mid-2024

Aug 02, 2023

Malaysian FPSO leasing firm Yinson Production has acquired the Atlanta FPSO, a floating, production, storage, and offloading vessel that will serve as a production unit at Enauta's Atlanta field in Brazil.Yinson acquired the FPSO through the acquisition of AFPS B…

OMV Sets the Drill Bit in Motion for Velocette Well Offshore Norway

Aug 08, 2023

Austrian oil and gas company OMV has started drilling operations on the Velocette exploration well in production license 1016, offshore Norway.The news of the drilling start was shared Tuesday by Longboat Energy, a 20% partner in the offshore block…

Floatel Bags 4-Month Contract to Support Shell's Offshore Operations in the UK North Sea

Aug 08, 2023

Offshore accommodation rig firm Floatel International has secured a 4-month charter to provide accommodation support to Shell in the UK North Sea.Floatel, which owns and operates five semisubmersible accommodation units, said the contract was…

Protesters Drape Home of UK PM Sunak in Black Fabric over Energy Policy

Aug 03, 2023

Greenpeace protesters draped the private home of British Prime Minister Rishi Sunak in black fabric on Thursday, stepping up their campaign against his government's policy on drilling for oil.A picture posted by Greenpeace UK on messaging platform X…

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