Construction of the Energean Power FPSO, destined for Energean's Karish field off Israel, has recently reached what has been described as a 'major milestone' with the installation of the flare on the FPSO in a Singapore shipyard.Technip Energies…
State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on Monday…
Production from the Apsara field, Cambodia's first producing offshore oil field, has been below expectations, and will almost certainly not meet the pre-development forecast of peak production of 7,500 bopd, according to KrisEnergy, the operator of the project…
Oil fell to below $64 a barrel on Monday as rising supply from OPEC+ and higher Iranian output countered signs of a strong economic rebound in the United States and expectations of a wider demand recovery in 2021.The Organization of the Petroleum Exporting Countries and allies…
U.S. Secretary of State Antony Blinken said in an interview broadcast on Sunday that it was ultimately up to those building the Nord Stream 2 natural gas pipeline whether to complete it despite opposition from Washington.On Wednesday, Blinken said he had told his German counterpart that U…
French oil and gas group Total said it would not stop producing gas on its Yadana fields in Myanmar as long as operations remained safe, in part to protect employees there who might otherwise risk repercussions from the military junta.Total…
Australian gas producer Santos has hired Goldman Sachs to sell a 20%-30% stake in its Dorado oil project and Bedout exploration portfolio offshore western Australia, according to a sales document seen by Reuters and confirmed by the group.Dorado…
Floatel, a provider of offshore accommodation rigs for the international offshore energy industry, has secured a contract extension for its Floatel Endurance semi-submersible unit in Norway.Floatel, which last week announced it had successfully…
Europe's biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.Thanks to early decisions to buy power grids and build renewable plants…
Norway-based Tampnet which operates offshore high-capacity communication networks has completed the acquisition of BP's Gulf of Mexico (GoM) offshore fiber cable network, in what Tampnet says is one of the most significant milestones in the history of the company…
Shallow water drilling rig contractor Borr Drilling said Wednesday it had entered into agreements potentially adding a total of $48 million over approximately 590 days to its rig contract backlog.For the jack-up rig 'Natt' Borr Drilling has…
Norway's minister of petroleum and energy, Tina Bru, has been diagnosed with COVID-19, along with her son and husband, she wrote on her Facebook page on Friday.'We are all feeling relatively well, and we obviously hope it will continue that way…
Offshore helicopter operator NHV Group has secured a contract in Ireland with PSE Kinsale Energy Ltd in support of its decommissioning operations in the Celtic Sea. PSE Kinsale Energy, a Petronas subsidiary, last in July said that the Kinsale…
British North Sea-focused oil producer EnQuest is 'confident' it will secure a refinancing deal needed to buy an additional 10,000 barrels per day of output capacity, it said on Thursday, as it reported a 43% drop in free cash flow in 2020.Last month…
Coatings manufacturer Hempel has completed the acquisition of Wattyl Australia and New Zealand, increasing its footprint in Australia and New Zealand.On 18 February 2021, Hempel A/S signed an agreement to acquire leading paint and coatings manufacturer…
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