Oil major Shell has made a significant discovery at the Leopard prospect in the deepwater U.S. Gulf of Mexico, some 245 miles (394 km) south-southeast of Houston.According to Shell, the Leopard well encountered more than 600 feet (183 meters) net oil pay at multiple levels…
Total signed an agreement with wpd to acquire a 23% interest in Yunlin Holding GmbH, the owner of Yunlin offshore wind farm located off the coast of Taiwan, around 200 km southwest of Taipei. The project, currently under construction, represents…
Western Europe's largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.'Phase 1 production capacity is about to step-up to 535…
Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…
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…
Norwegian offshore oil and gas company Vår Energi has received regulatory approvals to drill four wells in the production license 229, in the Norwegian section of the North Sea.The Norwegian Petroleum Directorate said Tuesday it had granted Vår Energi a drilling permit for wells 25/8-20 S…
Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…
Oil and gas exploration and production company Neptune Energy on Monday revised down the estimated size of its Dugong offshore oil discovery made last year in the Norwegian part of the North Sea.The company, which had previously estimated recoverable…
BP Chief Executive Bernard Looney's remuneration was 1.735 million pounds ($2.4 million) in 2020 after it scrapped all bonuses during his first year in office due to the pandemic, the energy group said in its annual report.Looney's pay included 1…
Oil and gas company Neptune Energy has teamed up with Environmental Defense Fund (EDF) in a scientific collaboration that will see the use of drones for measuring oil and gas methane emissions from offshore oil and gas facilities.EDF will coordinate…
Offshore services providers Oceaneering and Stork have won integrity management and fabric maintenance contracts on Neptune Energy's Cygnus platform, offshore the UK. The contracts are worth around $6.5 million.Oceaneering will supply integrity management services covering pressure systems…
Neptune Energy announced appraisal drilling commenced Monday on the Dugong discovery, one of the largest on the Norwegian Continental Shelf in 2020.The well is being drilled by the Deepsea Yantai, a semi-submersible rig owned by CIMC and operated by Odfjell Drilling…
The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization…
Italian oil and gas company Eni has completed the acquisition of a 20% stake in total in the Dogger Bank A & B offshore wind projects in the UK, which are part of the world's largest offshore wind project in development.As previously reported…
Bulgartransgaz, the operator of the national natural gas transmission network of Bulgaria, has officially taken a 20% share in Greek company Gastrade that is developing an LNG floating storage and regasification unit (FSRU) offshore Alexandroupolis…
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