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…
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…
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 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…
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…
InduSuite introduced FloCloud, its latest application in its line of welding and cutting digital software solutions. FloCloud includes a combination pressure and flow sensor system that digitally tracks the pressure, temperature, consumption…
Dominion Energy has completed the sale of 50% noncontrolling interest in 2.6 GW Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak.Dominion Energy will retain full operational control of the construction and operations of the project…
India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.'We will not buy (supply from) Arctic LNG 2. We are not buying any sanctioned commodity…
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap…
President Joe Biden's administration on Thursday announced final approval of a wind project off the coast of Maryland, bringing the U.S. halfway to its goal of deploying 30 gigawatts of the clean energy technology by 2030.The project is the 10th approved by Biden's Interior Department…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) ha started production from its Wushi 17-2 oil field development project in Beibu Gulf in South China Sea.The main production facilities include a new wellhead platform and an oil and gas processing terminal…
Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake…
FourPhase, a specialist in solids and production performance for the oil and gas industry, announced it has secured three new or extended service contracts with international operators, reinforcing its role in maintaining sand-producing wells…
China’s Mingyang Smart Energy has started towing what’s said to be the world’s largest single-capacity floating wind platform, rated at 16.6MW, to the the Qingzhou IV offshore wind farm site in South China Sea.The floater, dubbed OceanX, features…
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately…
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