French oil and gas group Total and U.S. energy company Chevron have suspended some payments from a gas joint venture that would have reached Myanmar's junta, earning praise from pro-democracy activists for taking an important first step.International…
Indonesia offshore vessel operator Wintermar has secured five-year contracts for two of its offshore support vessels with an unnamed multinational oil and gas firm in Indonesia.Under the contracts, the two Anchor Handling Tug Supply vessels…
Danish offshore drilling firm Maersk Drilling has won further work for its Maersk Intrepid jack-up rig with Equinor in Norway.Namely, Equinor has exercised an option to add well intervention work at the Martin Linge field offshore Norway to…
Abu Dhabi National Oil Company (ADNOC) said it raised $1.64 billion by issuing exchangeable bonds and additional shares to investors in its listed retail unit ADNOC Distribution on Wednesday.It issued about $1.2 billion in senior unsecured bonds due in 2024…
Spanish shipbuilder GONDAN said Wednesday that its yard in Figueras launched a new commissioning service operation vessel (CSOV) for Norwegian shipowner Edda Wind AS. The newbuild is the first in a series of four CSOVs scheduled for delivery from 2022…
The Nigerian National Petroleum Corp renewed Oil Mining Lease 118 [Bonga] with the local subsidiaries of Shell, Total, Exxon, and Eni for another 20 years, the West African country’s state oil firm said in a statement on Tuesday.The deal signals…
Norwegian oil firm Equinor has awarded offshore drilling company Odfjell Drilling a contract for Deepsea Stavanger semi-submersible drilling rig, adding to the previously awarded deals for two other Odfjell Drilling rigs.The contract for the…
Exxon Mobil Corp's bid to stave off a tiny activist fund challenging its board and response to growing climate concerns is too close to call just hours before the oil giant's annual meeting, people familiar with the matter said.Exxon's 12 directors…
Oil major Shell has chartered an offshore accommodation rig from the Swedish company Floatel for work in the Philippines.Floatel said Tuesday that Shell Philippines Exploration had awarded it a contract for the Floatel Triumph accommodation unit…
Sparrows, a provider of energy industry engineering and maintenance services, has been awarded a contract by Chevron Australia to work on the Gorgon and Wheatstone natural gas projects.Sparrows said Wednesday it would support the safety and…
The U.S. offshore safety regulator BSEE has formed a panel to investigate a fatal incident that happened earlier this month at a Fieldwood Energy-operated oil platform, in the Gulf of Mexico, offshore Louisiana.As previously reported, an offshore worker died on Saturday…
Oil and gas firms in Norway have increased their 2021 and 2022 investment forecasts during the last three months as more projects are being developed, a national statistics office (SSB) survey showed on Wednesday.The biggest business sector in Norway now expects to invest 181…
Benthic, part of Acteon's geoservices division, has said it has completed geotechnical site investigation services for Santos at the Dorado field off the coast of Western Australia.Benthic said this week that the work at the Dorado site involved…
U.S. President Joe Biden on Tuesday said he decided to waive sanctions against the company behind the Nord Stream 2 gas pipeline because the project was nearly complete, and doing so could have harmed ties with Europe.Biden, who is preparing…
British renewable power generator and network operator SSE Plc said on Wednesday it was on track to invest 7.5 billion pounds ($10.6 billion) in low-carbon projects up to 2025.The company turned its focus to renewable power generation and networks…