Shares of Australia's Woodside Energy were up nearly 4% on Wednesday after the gas producer posted first-quarter revenue above estimates.Perth-based Woodside reported revenue of $3.32 billion for the quarter ended March 31, beating a Visible Alpha consensus estimate of $2…
Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches towards a final go-ahead.Woodside acquired the project…
While the U.S. Offshore Wind market – and really most renewable energies – have been in the legislative crosshairs since January 20, 2025 and the emergence of Trump 2.0, there remain opportunities and pockets of hope. Phil Lewis, Director of Research…
Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day offshore subsea construction vessel (OSCV)…
Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field, offshore Brazil.PRIO, Brazil’s largest independent oil and gas company…
Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. The Southern Energy…
MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.MODEC and Sumitomo Heavy Industries signed…
Ørsted has expanded its Group Executive Team with the appointment of two new members, enabling the representation of the full offshore wind value chain, including development, construction, and generation.Effective from May 1, 2025, Amanda Dasch…
Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and rising global trade uncertainty, said four people familiar with the matter.Two of the sources…
Vietnam's state oil firm PetroVietnam will invite oil companies to bid to develop three offshore oil blocks, the government said on Friday.They include Block 17 in Cuu Long Basin and Block 10/11 and Block 10&11-1 in Nam Con Son Basin, all on Vietnam's continental shelf…
OMV and its partners have drilled a dry well on the Horatio prospect in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The well 35/6-6, dubbed Horatio, is located in production license 1109, operated by OMV with 30% working interest…
MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows…
Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities.The oil…
Equinor and its partners have made an oil discovery at Mistral exploration well, located in the southern Norwegian sea.The well 6406/6-7S in the PL1119 license was drilled using Odfjell Drilling’s Deepsea Atlantic drilling rig.The well was drilled to a vertical depth of 4…
Vår Energi and its partners have drilled a dry well on the Kokopelli prospect, south of the Sleipner area, in the North Sea.The wildcat well 7/1-4 S is located in the North Sea in production license 1190. Two exploration wells have previously been drilled within this area…
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