Offshore wind installation company Eneti said Tuesday it has terminated talks with a shipyard in the United States to build a Jones Act-compliant Wind Turbine Installation Vessel. Eneti in May 2021 ordered a $330 million Wind Turbine Installation…
TotalEnergies CEO Patrick Pouyanne said on Monday the French firm aimed to restart a $20 billion liquefied natural gas (LNG) project in the north of Mozambique that was halted by an insurgent group with links to Islamic State almost a year ago…
Shares in Italian energy services group Saipem slid to their lowest level in three decades after a shock profit warning left leading shareholders scrambling to find a way to bolster the company's finances.At 1045 GMT the shares were down 4%…
Norwegian oil and gas company Equinor has filed an impact assessment for the development and operation of the Wisting oil field in the Barents Sea. The plan for development and operation (PDO) is planned to be completed at the end of 2022.The…
Canada's CGX Energy on Monday reaffirmed it and parent Frontera Energy discovered an oil and gas reservoir off the coast of Guyana and said drilling on a second well could begin later this year.Its Kawa-1 well found approximately 177 feet (54…
Oil major Shell has exercised two options on the contract that will employ the Maersk Drilling's drillship Maersk Viking offshore Malaysia.The first option will be novated to TotalEnergies EP Malaysia for the drilling of one deepwater well at the Tepat project…
The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part of a broad effort to reduce U.S. climate warming emissions and improve health and safety in nearby communities…
BASF remains committed to a sale of its stake in oil and gas business Wintershall Dea AG on the stock market, it said on Monday, despite co-owner LetterOne opposing an initial public offering (IPO) in the short term.The disagreement between…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for the wildcat well well 35/4-3 in the North Sea, offshore Norway.Located in the production license 685, the well will be drilled using Odfjell Drilling’s Deepsea Nordkapp semi-submersible drilling rig…
German offshore wind development company wpd offshore has said it has become the first company in Romania to officially apply for the development of offshore wind energy projects in the Black Sea. The Black Sea 1 (500 MW) and Black Sea 2 (approx…
Samuel Terry Asset Management Pty Ltd has launched a takeover offer for W. Africa-focused oil and gas company FAR.Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund launched an offer to acquire FAR’s shares at 45c cash per share…
A beach in eastern Thailand was declared a disaster area on Saturday as oil leaking from an underwater pipeline in the Gulf of Thailand continued to wash ashore and blacken the sand.The leak from the pipeline owned by Star Petroleum Refining…
French oil and gas major TotalEnergies has agreed to sell to Kistos Energy a 20% interest in the Greater Laggan Area fields and in the Shetland Gas Plant in the UK, as well as interests in several nearby exploration licenses.Kistos will pay a firm consideration of $125 million…
Chevron Corp is reviewing a federal judge decision that invalidated the results of an oil and gas lease sale in the Gulf of Mexico [last] Thursday, saying the Biden administration failed to properly account for the auction's climate change impact…
Italian energy services group Saipem is talking to investors about a possible funding package, the group said on Monday after warning it will take a heavy loss for 2021, triggering a halt in its shares to prevent a stinging sell-off.Saipem has…
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