Shell has authorized contractor McDermott International to start engineering work on its Manatee gas field development project off Trinidad and Tobago's east coast, the contractor disclosed on Tuesday.Trinidad is Latin America's largest LNG exporter…
Shell has almost finished extensive maintenance at its Prelude floating liquefied natural gas (FLNG) facility off Australia and is set to resume exports next month, according to industry sources and shipping data.The timing of the giant floating…
Esgian has published its Week 48 Rig Market Roundup highlighting that new contract awards were revealed for a Velesto Drilling jackup, two Seadrill drillships and a Dolphin Drilling semisub. Meanwhile, Wintershall Dea is planning to drill a new carbon storage well in Norway…
Shell Egypt said Tuesday it had completed the drilling of the first well in its three-well exploration campaign, Mina West, located in the North East El-Amriya block, in the Mediterranean Sea, discovering a gas bearing reservoir. Drilling activities…
World oil demand will rise faster than expected next year, the International Energy Agency (IEA) said on Thursday, a sign that the outlook for near-term oil use remains robust despite this week's COP28 agreement to transition away from fossil fuels…
Esgian has published its Week 49 Rig Market Roundup highlighting new drilling activity in the North Sea and a new licensing deal in Morocco.Drilling Activity and DiscoveriesSerica Energy is continuing with plans for its four-well drilling campaign in the UK North Sea…
Van Oord completed the installation of the Hollandse Kust Noord offshore wind farm, located 18.5 km off the west coast of the Netherlands near Egmond aan Zee.CrossWind, a joint-venture between Shell and Eneco, contracted Van Oord in 2020. As a Balance of Plant contractor…
The Marine Energy Test Centre (METCentre) in Norway has been granted final approval for new test concessions for floating wind.'This is a big day for the global floating wind industry and a big day for Norway. With this important expansion of our test activities…
Subsea 7 said Monday it had secured a sizable contract from Shell for the decommissioning of subsea infrastructure associated with the FPSO Fluminense offshore Brazil.The FPSO is located at the Bijupirá and Salema fields of the Campos Basin…
Analyses show that the Barents Sea contains significant resources, probably more gas than oil. What needs to be done if Norway is to supply Europe with the requested volumes of gas?The Barents Sea is like a separate petroleum province on the Norwegian shelf…
Norway still has vast proven natural gas resources without development plans, the Norwegian Petroleum Directorate (NPD) said on Wednesday, urging exploration companies to find ways of producing it despite technological challenges.As this year's COP28 U…
Russia is waiting for the outcome of an investigation into the sabotage of the Nord Stream gas pipelines before making any request for compensation, the RIA state news agency cited a foreign ministry official as saying on Tuesday.The pipelines…
The navies of Britain, Finland and Estonia were practising subsea infrastructure protection in the Baltic Sea region on Monday together with the Finnish Border Guard, Finland's Defence Forces said in a statement.In early October a gas pipeline…
ExxonMobil will target annual project spending of between $22 billion and $27 billion through 2027, the company said in an update that largely continues existing spending and production goals.The plan leaves out projected gains from the $60 billion acquisition of Pioneer Natural Resources PXD…
Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said…
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