Oil and gas company Wintershall Dea has found no hydrocarbons Brage South exploration well (31/4-A-13 C), offshore Norway, and will plug and abandon it. The news was shared by the Norwegian oil and gas company OKEA, which in May entered into…
A financial agreement was reached on Thursday to build the first power cable linking Britain and Germany, with construction set to begin later this year as the two countries work to reduce dependency on Russian gas and increase the use of green energy…
Japanese oil and gas company Inpex said Friday it had signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, where the Ichthys LNG Project’s onshore gas liquefaction plant is located…
UK-based offshore well plugging & abandonment company Well-Safe Solutions said Thursday it had secured a contract to plug and abandon (P&A) 14 wells on the UK continental shelf. The work is expected to secure 60 new offshore positions.The deal…
Australia's Woodside Energy Group trimmed its production outlook for 2022 on Thursday and flagged a possible delay to a U.S. oil project inherited with BHP Group's petroleum assets, sending its shares down 4%.Woodside, now a top 10 global independent oil and…
Physical flows of Russian gas through its biggest pipeline to Germany resumed on Thursday after a 10-day outage, and eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany increased, operators' data showed.Europe has been on…
Norwegian marine seismic survey contractor PGS said Thursday it had won a significant 3D exploration acquisition contract offshore Indonesia with a major energy company. Also, PGS said it had secured a major 4D acquisition contract offshore Australia with an international energy company…
The Biden administration on Wednesday said it had identified 700,000 acres for possible offshore wind energy development in the Gulf of Mexico, seeking to expand a growing clean energy industry to a major U.S. oil and gas hub.It also said President…
ConocoPhillips is exploring a sale of its stake in the Ursa platform and Princess subsea well in the Gulf of Mexico, people familiar with the matter said on Wednesday, in what would mark its exit from deepwater energy production off the U.S…
Shell is exploring a sale of its stakes in two U.S. Gulf of Mexico oil and gas developments which could raise as much as $1.5 billion for the energy major, people familiar with the matter said on Wednesday.Potential divestments of some aging…
An oil platform worker was medevaced Wednesday morning approximately 20 miles southeast of Southwest Pass, La.The U.S. Coast Guard said its watchstanders at Sector New Orleans received notification at 11:38 p.m. Tuesday from the oil platform…
Africa-focused oil and gas company Chariot on Wednesday announced a 'material increase' in gas resource estimates for its assets offshore Morocco, as it works to reach a final investment decision for the Anchois gas field development.The company…
Offshore drilling firm Valaris said Tuesday that its Valaris MS-1 semi-submersible drilling rig had reached Santos' Barossa gas field offshore Australia.'On July 16, the VALARIS MS-1 completed the tow from Dampier to the Barossa Field offshore…
Spanish offshore engineering firm Saitec Offshore Technologies and renewables giant RWE on Wednesday marked the completion and the launching operation of their DemoSATH floating wind unit. SATH Technology is based on a concrete platform concept with a plug-and-play Single Point Mooring…
ConocoPhillips' chief executive on Tuesday warned of looming crude oil shortages and price volatility, citing limited spare capacity among the Organization of the Petroleum Exporting Countries and slow U.S. output gains ahead.Ryan Lance, head of the largest U…
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