Dutch dredging and marine services firm Boskalis on Thursday slightly raised its 2022 profit outlook after a half-year earnings beat, as the West seeks to replace Russian gas with other energy sources.The group, which offers marine services…
Services firm Bilfinger on Monday announced it has been awarded a multimillion dollar annual contract for the routine mechanical maintenance scope for Shell‘s oil and gas platforms in the Gulf of Mexico (GOM). The industrial services provider…
Houston-area marine technology company Nauticus Robotics said it has reached a deal with oil major Shell to advance to the qualification phase for a more efficient means of acquiring subsea integrity data utilizing Nauticus’ Aquanaut and Hydronaut robotic platforms…
A U.S. energy regulator on Friday gave Berkshire Hathaway Inc, the company controlled by billionaire Warren Buffett, permission to buy up to 50% of oil company Occidental Petroleum Corp's OXY.N common stock.Occidental's share price soared 9…
Three projects, of 2,8 GW in total, will be offered seabed agreements for offshore wind projects following Crown Estate Scotland’s ScotWind clearing process. Clearing saw the ‘NE1’ area east of Shetland made available for ScotWind applicants…
Nigeria's President Muhammadu Buhari has withheld his initial approval of Exxon Mobil's sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent.Buhari on Monday consented to the $1…
Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic meters this winter, as the company's own export and production continues to fall amid Western sanctions.Gas flows from Russia…
Germany's Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia's Woodside or U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.The strategy reflects efforts by companies and…
Shell UK has signed a one year contract, with a year extension option, with Stena Drilling for the use of the Stena Don in the UK North Sea. The contract is due to start in Q2 2023 and will cover well activities, including a combination of plugging…
OPEC+ is set to raise its oil output goal by 100,000 barrels per day, an amount analysts said was an insult to U.S. President Joe Biden after his trip to Saudi Arabia to ask the producer group's leader to pump more to help the United States and the global economy…
QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Exxon, ConocoPhillips, and Eni…
Chevron Corp increased its share buyback guidance on Friday after posting its biggest quarterly earnings ever, built on strong fuel margins and high prices for natural gas and oil.Chevron's move on potentially boosting share repurchases follows those of other oil majors…
Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy, the chief executive said on Thursday…
HydrogenOne Capital Growth, dubbed the first LSE-listed investment fund dedicated to clean hydrogen, has agreed to invest £8.4m (EUR 10m) in Strohm, a company manufacturing Thermoplastic Composite Pipes (TCP) for offshore energy applications…
Nigeria's state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater blocks that officials said could produce up to 10 billion barrels over the next 20 years…
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