Guyana extended to Sept. 12 a deadline for companies to submit bids for its first competitive auction of oil blocks, the government said in a statement on Wednesday.The South American nation has delayed the offer of 14 offshore blocks four times before…
WSG said Friday it had sold its Well Intervention division and would use the proceeds raised to lay the foundations for a period of international expansion for the rebranded WSG Energy Services (WSGES).The company has divested its traditional…
French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month, despite industry criticism, CEO Patrick Pouyanne said on Thursday while presenting second-quarter results.'In Germany…
The Australian state of Victoria will ban natural gas connections to new homes from next year as part of a plan to cut emissions and lower energy bills, the state climate action minister said on Friday.Australia's second-most populous state…
Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel…
Italian energy services group Saipem on Thursday said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.The project, which would be the first onshore development of a LNG plant in the African country…
Kuwait oil minister Saad Al Barrak told SkyNews Arabia on Thursday that his country will start drilling and begin production at the Durra gas field without waiting for border demarcation with Iran. Al Barrak has previously said that Kuwait and…
UK North Sea-focused oil and gas company Ithaca Energy said Thursday it had discovered hydrocarbons at its K2 prospect, located in Block 22/14c of the Central North Sea of the UK Continental Shelf.Upon entering the reservoir, Ithaca Energy, acting as the operator…
Brazilian state-run oil company Petrobras said on Wednesday its second-quarter crude oil production fell 0.6% compared to the same period last year. The firm pumped 2.10 million barrels per day (bpd) between April and June, it said in a securities filing…
Shell and TotalEnergies reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins and trading results all weakenedOil and gas prices soared last year in the wake of Russia's invasion of Ukraine…
UK North Sea oil explorer Deltic Energy said Thursday that Capricorn Energy, its partner in five Southern North Sea gas exploration licenses Capricorn Energy had decided to withdraw from the licenses, following its recent strategic focus shift…
The chief executive officer of Mexican state energy oil Pemex on Wednesday sought to downplay an oil spill in the Gulf of Mexico this month, saying it was quickly fixed and less serious than academics had calculated.Pemex has been under intense…
Europe's outlook for gas supply is looking good for the coming winter given high gas reserves and plentiful access to supplies, Equinor CEO Anders Opedal told Reuters, but could tighten next summer due to lower reserves. With European gas storages currently 85% full and rising…
Germany raised installed offshore wind capacity by 3.1% to 8,385 megawatts (MW) in the first half of 2023, industry lobbies said on Tuesday, demanding better revenue guarantees to maintain a build-out pace and ensure it will reach a 30,000 MW target by 2030…
Oilfield service firm SLB and the Italian oil firm Eni, through its subsidiary Enivibes, have announced an alliance to deploy Eni Vibroacoustic Pipeline Monitoring System (e-vpms) technology, a vibroacoustic wave detection system capable of providing real-time analysis…
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