Offshore drilling contractor Shelf Drilling, through its subsidiary Shelf Drilling (North Sea) (SDNS), has secured a contract for the Shelf Drilling Winner jack-up rig with Tenaz Energy for operations in the Dutch North Sea.The firm term of the contract is one year…
Europe's gas market could tighten further ahead of the winter season as storage levels remain well below last year and the continent faces competition from Asia for LNG shipments, the CEO of Norway's Equinor told Reuters on Wednesday.Europe's…
Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.S. President Donald Trump's hostility to wind power.The 60 billion crowns ($9…
Germany's economy ministry published plans on Tuesday to diversify the sourcing of crucial components used mainly in offshore wind turbines by 2035 to reduce dependency on China.The move is part of the government's broader 'de-risking' strategy amid geopolitical tensions with China…
Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil and gas fields, the Financial Times reported on Tuesday…
The heads of Russia's Gazprom and China's energy company CNPC discussed future Russian gas supplies to China during talks in Beijing, Gazprom said on Friday, as Moscow seeks stronger ties with the world's biggest energy consumer.Russia, the holder of world's largest gas reserves…
Onshore wave energy technology firm Eco Wave Power has completed the installation of floaters for its first U.S. wave energy project at the Port of Los Angeles.With this critical milestone achieved, the company is moving full speed ahead toward the official unveiling on September 9…
Engineering company Monadelphous Group has secured new contracts in the energy sector valued at more than $100 million, including work at Shell’s Crux gas platform and Origin Energy’s LNG project.Monadelphous signed a contract with Technip Energies…
Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.The oil major applied for authorisation last year and plans to drill exploration or appraisal wells…
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy.Once hindered by technical and operational challenges, FLNG projects…
TotalEnergies reported a 23% fall in second-quarter earnings on Thursday, as expected, the French oil major's worst performance in four years, as higher upstream production failed to offset lower earnings caused by the recent plunge in oil and gas prices…
BP has appointed Shell’s former chief financial officer (CFO) Simon Henry as its non-executive director.Effective September 1, 2025, Henry will join BP’s board. He is currently a non-executive director of Rio Tinto plc and Rio Tinto Limited…
Eco Wave Power Global has signed an agreement with C&S Welding, a California-based industrial and maritime contractor, for the installation of its wave energy floaters and the company's energy conversion unit at the Port of Los Angeles.The agreement…
Cyberhawk, a drone-based inspection and survey services and visual data management software specialist, has renewed a five-year global agreement with Shell.The contract will extend Shell’s and Cyberhawk’s collaboration to projects and assets…
Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years.On Friday, the U.S. oil producer closed its $55-billion acquisition…
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