Italy's Eni ENI.MI and its Norwegian unit Vaar have agreed to buy private-equity backed Neptune Energy in a deal valuing the assets of the gas and oil producer at $4.9 billion including debt, the two groups said on Friday.The acquisition, which is expected to be completed at the start of next year…
Norwegian offshore services provider Atlantic Offshore has agreed to a fleet-wide roll-out of Inmarsat’s all-in-one Fleet LTE service to ensure continuous connectivity in the North Sea.Inmarsat Maritime, a Viasat business, said the commitment…
The first electricity has been produced from the large Hollandse Kust Noord offshore wind farm, companies running the project said on Monday.In a statement, the CrossWind consortium led by Shell and Mitsubishi subsidiary Eneco said it had delivered…
Analysts at major global banks have been upgrading their share price expectations for Brazil's state-run oil firm Petrobras PETR4.SA as they evaluate that the new leftist government's policies are not as unfriendly to investors as some had feared…
Differentials for some grades of Nigerian crude rose on Friday, while Chinese refiners stepped up purchases of crude from other West African exporters.At least around 35 cargoes of Nigerian crude for loading in June and July have yet to find a buyer…
The United States learned of a Ukrainian plan to attack the Nord Stream natural gas pipelines three months before they were damaged last September by underwater explosions, The Washington Post reported on Tuesday, citing leaked information posted online…
Italian energy group Eni has intensified talks with several investors over a potential sale of a minority stake in its renewables and retail business Plenitude, three sources with knowledge of the matter said on Wednesday.Two of the sources…
The Kremlin, commenting on a report that the United States had known last year of a Ukrainian plan to attack the Nord Stream natural gas pipelines, said on Thursday it had already raised the possible involvement of 'Anglo-Saxons.' Unexplained…
The Russian embassy in the United States said on Wednesday that a report the United States knew of a Ukrainian plan to attack the Nord Stream natural gas pipelines was part of a coordinated Western attempt to confuse the world over the truth…
Kazakhstan's Energy Minister Almasadam Satkaliyev said on Tuesday that the central Asian country is pressing ahead with $16.5 billion in claims against international oil companies over disputed project costs.The new claims are the latest in…
Barryroe Offshore Energy, an oil and gas company focused on developing the Barryroe offshore oil and gas field in Ireland, dubbed one of Europe's largest undeveloped offshore oil fields, might not be there to see the field brought online.The company…
Indonesian state energy firm Pertamina is finalizing an acquisition of Shell's shares in the country's Masela gas project, its chief executive officer said on Tuesday.Indonesia's energy minister on Monday said Pertamina was leading a consortium…
ABB said Monday it had secured a large order from Yantai CIMC Raffles Offshore Ltd., to deliver an integrated bridge-to-propeller technology for Havfram Wind’s two new NG20000X-HF Wind Turbine Installation Vessels (WTIVs). The vessels will be…
Spanish renewable energy company Iberdrola said this week it was making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States, with the receipt of the first shipment of components…
Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…
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