A Russian pipe-laying vessel, Fortuna, has arrived at the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea, Refinitiv Eikon data showed on Friday, with work on the project set to resume.There are also several procurement vessels near the site…
The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration officials said on Wednesday…
Ocean energy technology developer Ocean Power Technologies's stockholders have appointed Clyde W. Hewlett, Diana G. Purcel, and Peter E. Slaiby to its Board of Directors.Terence J. Cryan, Chairman of the Board of OPT, a company that builds buoys that harvest and store wave energy…
London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September…
The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.The French oil firm is one of the partners in the Northern Lights project, which…
Russia's Nord Stream 2 said on Saturday it planned to resume pipe-laying work on a 2.6 kilometer (1.62 mile) stretch of the stalled Moscow-backed gas pipeline to Europe in Germany's Exclusive Economic Zone.The 1,230 km pipeline under the Baltic Sea…
This year was like no other for oil prices. Even as global prices end the year at about $51 a barrel, near the average for 2015-2017, it masks a year of volatility. In April, U.S. crude plunged deep into negative territory and Brent dropped below $20 per barrel…
Partners in Australia's North West Shelf (NWS) project have executed gas processing agreements for processing third-party gas through the NWS Project facilities.The agreements were signed with Woodside Burrup Pty Ltd (Woodside Burrup), in respect of gas from the Pluto fields…
The Norwegian Government on Tuesday today announced its funding decision for the Northern Lights CO2 transport and storage project, led by Equinor, Shell, and Total.The three oil companies made a conditional investment decision on the Northern Lights CO2 transport and storage project in May 2020…
Russian pipe-laying vessel Akademik Cherskiy stopped on Saturday near the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea, Refinitiv Eikon data showed on Saturday.The consortium led by Gazprom building the 1,230 kilometers…
Edison Chouest Offshore (ECO) has entered into a contract with an oil major to install battery systems aboard one of its Jones Act platform supply vessels (PSV), the U.S.-based shipowner announced Monday. With the long-term deal in hand, ECO…
The sale of a Nigerian oilfield to Eni and Royal Dutch Shell was legally 'perfect' and there was no proof of any corruption, a lawyer for former Nigerian oil minister Dan Etete said on Wednesday.Antonio Secci told a Milan court that prosecutors…
Environmental activists took Royal Dutch Shell to court on Tuesday, as they demand the energy firm drastically reduces the production of oil and gas to limit its effects on climate change.Seven activist groups, including Greenpeace and Friends of the Earth Netherlands…
Norway's risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States, it said on Thursday.Nord Stream 2 runs alongside…
After a turbulent 2020 for the oil and gas industry, 2021 is expected to see a modest rise in investment in the UK and Norway offshore sectors, assuming a US$50 per barrel average oil price.Exploration activity could recover to 2019 levels and investment in new developments is set to increase…
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