Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…
The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off Florida, the first of three measures it is considering, which would also ban drilling off the Pacific coast and in Alaska's Arctic National Wildlife Reserve…
Late last week, a large Equinor spending allotment passed under the radar of many a news stream: the Norwegian offshore operator was given a $230 million grant by largest shareholder, Oslo, to pursue wind projects, or at least one in particular…
Mayflower Wind, a joint venture of Shell and EDPR Offshore North America, has submitted proposal to the state and utility company to deliver energy from offshore wind installations.The provider of cleaner energy solutions using the power of…
French energy producer Total could invest up to $10 billion in the North Sea over the next five years but cost discipline must be maintained as a matter of urgency, Chief Executive Officer Patrick Pouyanne said on Tuesday.As part of its efforts…
TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract by Shell for the deepwater PowerNap project, located in the US Gulf of Mexico, the services company announced on Thursday.The award, an integrated…
Operator Siccar Point Energy said it has awarded an exclusive front-end engineering and design (FEED) contract to Sembcorp Marine for the design of a Sevan cylindrical floating production, storage and offloading unit (FPSO) for its Cambo field development on the UK Continental Shelf…
Norway's Equinor and its partners in the Northern Lights underground carbon dioxide (CO2) storage project offshore Norway have signed preliminary agreements with seven potential industrial customers for the venture.The agreements are a crucial…
Offshore equipment and services company Deep Down announced it has received an order from Shell for work related to its Kaikias development in the U.S. Gulf of Mexico.The order is for the design, engineering, manufacturing and installation of…
The U.S. Bureau of Ocean Energy Management (BOEM) as approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash…
The Oil & Gas Technology Center, in partnership with industry, will create a new Net Zero Solution Center to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UKCS as the first net zero oil and gas basin globally…
Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore Europe 2019 said they will invest to secure a more sustainable energy mix.In another encouraging sign that the energy…
In June, the Hydrone R started a six-month trial in Saipem’s underwater “play park” near Trieste, northeast Italy. Later in the year, or early next year, its FlatFish design is also expected to enter the water, ahead of deep-water trials in 2021…
Canadian-Norwegian battery maker Corvus Energy announced that it has finalized an investment deal with Shell Ventures.The investment is a step towards Shell’s ambition to decrease the carbon footprint of the energy products they sell by around 20% by 2035 and by around 50% by 2050…
Offshore drilling contractor Valaris has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million.The largest offshore drilling and well drilling company in the world, formerly known as EnscoRowan…
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