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Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Nov 27, 2024

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at the Jasmine field in the Gulf of Thailand, increasing the production at the field for 26% with five new wells coming onstream.Valeura drilled a five well program…

Woodside Signs Revised EPC Contract with Bechtel for Louisiana LNG Project

Dec 05, 2024

Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the three train 16.5 million tonnes per annum foundation development of Louisiana LNG.Bechtel has worked on site before Woodside’s $1…

Jordan inks deal for Egyptian FSRU

Dec 02, 2024

Egypt and Jordan have signed an agreement to allow Jordan to use an Egyptian floating storage and regasification unit (FSRU) until 2026, Jordan's energy ministry said.The FSRU will help Jordan secure LNG supplies in case of emergencies ahead…

Akeng Deep Exploration Well Off Equatorial Guinea Results in Sub-Commercial Discovery

Dec 02, 2024

Kosmos Energy and its partners have concluded the drilling of Akeng Deep exploration well at Block S offshore Equatorial Guinea, which failed to deliver a commercial discovery.The well was drilled to a total vertical depth of approximately 4…

BP's Whiting IA Refinery Restart Delayed

Nov 19, 2024

The return to service of BP's BP.L Whiting, Indiana refinery has been delayed, industry sources said.BP started the planned turnaround work at its 435,000 barrel-per-day refinery in late September. The refinery began restarting units involved in the turnaround in early November…

Woodside: LNG Market to Grow by 50% in Next Decade

Nov 26, 2024

Australia's Woodside Energy WDS.AX expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade, its CEO said on Tuesday.'Over the last decade the LNG market grew by 50%. We anticipate it will grow by another 50% in the coming decade…

Poland to Open New Areas for Offshore Wind Development in Baltic Sea

Nov 22, 2024

Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to boost the security of its critical energy infrastructure, government officials said on Wednesday.'Maritime offices will submit analyses any moment…

Viaro CEO Facing Charges for Forging Documents to Steal Millions

Nov 19, 2024

The CEO of an independent British oil producer which is buying North Sea assets owned by Shell and Exxon Mobil is being sued by his former employer for allegedly forging documents to steal substantial sums.Viaro Energy CEO Francesco Mazzagatti…

Final Turbine Stands Tall at Moray West Offshore Wind Farm

Nov 18, 2024

Ocean Winds, a joint venture between Engie and EDP Renewables, has installed the 60th and final offshore wind turbine at its Moray West offshore wind project in northern Scotland.The turbines are Siemens Gamesa SG 14-222 DD type, each capable of generating 14…

Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29

Nov 19, 2024

The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there.  The Global Solidarity Levies Task Force (GSLT)…

India Defends Propping Up Russian Oil - Prices "would have hit the roof"

Nov 09, 2024

Global oil prices 'would have hit the roof' if big importer India had not bought oil from Russia following the Ukraine war, India's oil minister said, adding that prices would determine where the country buys oil from.India, the world's third largest oil importer and consumer…

Trident Energy Brings Ceiba Field’s Infill Well Onstream in Equatorial Guinea

Oct 31, 2024

Trident Energy has brought online the C-45 infill well at Ceiba field, part of Block G offshore Equatorial Guinea, which is already producing over 5,000 barrels of oil per day.The well first came Online on October 15, and according to Trident Energy…

Second Oil Train for Energean Power FPSO Completes Lift-Off (Video)

Oct 29, 2024

Oil and gas company Energean has lifted the second oil train for its floating production, storage, and offloading (FPSO) unit operating in the Mediterranean Sea, offshore Israel.The post-lift, installation and commissioning activities are expected to take up to six months to complete…

Akastor Buys Mitsui’s Stake in AKOFS Offshore

Nov 06, 2024

Norwegian company Akastor has signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into…

First Installation Campaign at Coastal Virginia Offshore Wind Farm Wraps Up

Nov 04, 2024

Dominion Energy has installed 78 monopile and four offshore substation foundations for as part of the first offshore construction campaign for the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project.CVOW, the largest offshore wind project under construction in the United States…

Current News

Shell Concludes Gulf of America Asset Sale

Shell Concludes Gulf of Americ

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Saudi Aramco Plans Standalone

Chevron Set to Start Seismic Surveys Offshore Greece in 2026

Chevron Set to Start Seismic S

South Korea Aims to Cut Middle East Crude Dependence to 50% by 2035

South Korea Aims to Cut Middle

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