Russian President Vladimir Putin reiterated on Tuesday after meeting German Chancellor Olaf Scholz that the Nord Stream 2 gas pipeline, which is still awaiting regulatory approval, is a 'purely commercial' project which will strengthen Europe's energy security…
Danish offshore vessel owner Maersk Supply Service said Tuesday it had secured an integrated solutions contract with Shell in Brazil, for a station-keeping assignment during the removal of the emergency Gas Lift Riser on the FPSO Fluminense…
Germany aims to speed up wind and solar energy projects, a document seen by Reuters showed on Monday, as the war in Ukraine underscores the need to reduce reliance on Russian gas.Cutting back on Russian gas has been tricky for Europe's largest…
BP is sticking with its Russian oil and gas business, which has so far been unaffected by simmering tensions between Russia and the West, Chief Executive Bernard Looney said on Monday.BP is the largest foreign investor in Russia with a 19.75% stake in the country's national oil company Rosneft…
The boss of oil and gas firm Wintershall Dea plans to join talks scheduled for early March between Russian President Vladimir Putin and German top-level executives, he said, adding open lines of dialogue were crucial in the current situation…
Austria is sticking with its opposition to including the Nord Stream 2 gas pipeline in a package of sanctions against Moscow that the European Union is preparing in the event Russia invades Ukraine, Foreign Minister Alexander Schallenberg said on Friday…
The Bureau of Ocean Energy Management's (BOEM) New York Bight auction concluded February 26, 2022, a sale where six bidders committed to payments of close to $4.4B in total for the right to develop wind lease areas offshore New York and New Jersey…
French oil major TotalEnergies said Thursday it had made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia.TotalEnergies said that its Venus…
Gazprom Neft, the oil arm of Russian energy firm Gazprom, expects to restore oil drilling to pre-pandemic volumes this year with the help of new technologies, a company senior manager told Reuters on Tuesday.Analysts and company sources have…
Swedish offshore vessel operator Viking Supply Ships said Friday its contract for four anchor handling tug supply (AHTS) vessels announced earlier this month could be postponed or canceled due to the Russian invasion in Ukraine. Viking Supply…
Namibia aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell, a senior energy official told Reuters on Monday.Shell on Friday said the exploration well off the…
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies.The auction, which began on Wednesday and stretched into Friday afternoon…
OCTIO, as of recently a subsidiary of Reach Subsea, has secured a multi-year geophysical monitoring contract with Shell in Norway for the Ormen Lange offshore field. “OCTIO welcomes the opportunity to continue to support A/S Norske Shell at Ormen Lange…
U.S. President Joe Biden said on Monday that the Nord Stream 2 gas pipeline would be halted if Russia invades Ukraine and stressed unity with German Chancellor Olaf Scholz as the West rallies to avert a war in Europe.At a White House press conference with the new German leader…
Oil major BP has started up production from its Herschel Expansion project in the Gulf of Mexico, in what is the first of four major projects scheduled to be delivered by BP globally in 2022.The first phase of the Herschel Expansion project…
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