Island Drilling Company announced it has signed a contract with Trident Energy to provide the Island Innovator drilling unit and associated services for a drilling campaign offshore Equatorial Guinea.Planned to start in September/October of 2023…
Offshore drilling contractor Valaris announced on Tuesday that it has received a payment of $40 million from its joint venture with Saudi Aramco, ARO Drilling, representing a partial early repayment of its shareholder notes receivable.Following this payment…
Companies in the renewables energy business have set out to determine whether a green ammonia floating production vessel can be deployed on certain offshore wind locations.Norway-based H2Carrier AS, developer of the unique P2XFloater concept…
EnQuest urged Britain under new premier Liz Truss to offer investment incentives to North Sea oil and gas companies in order to help the country secure its domestic energy supplies.Amjad Bseisu, CEO of the North Sea-focused oil producer, said…
TotalEnergies has lodged its production license application for Block 11B/12B offshore South Africa, the national petroleum regulator said on Tuesday, before a deadline expired which might have seen the oil major forfeit its right to develop the huge discovery…
Russian gas giant Gazprom said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed to push gas towards Germany through the Nord Steam 1 pipeline, no longer complied with safety requirements…
The U.S. Environmental Protection Agency has revoked the pollution control permit of Bluewater Texas Terminal, according to a letter sent by the EPA to the offshore oil terminal, following objections from environmental groups.The terminal, jointly…
International oil major Shell has, together with Malaysia's Petronas, reached a final investment decision (FID) to develop the Rosmari-Marjoram deepwater sour gas fields, discovered in 2014, offshore Bintulu, Sarawak, Malaysia.Shell,which is the operator of the project with an 80 percent stake…
South Korea issued weather advisories and raised its typhoon alert level on Monday as typhoon Hinnamnor neared, with heavy rain and strong wind already lashing southern parts of the country.The typhoon, travelling northward at a speed of 19 km per hour (12 mph)…
Satellites recorded another large methane leak at an offshore platform belonging to Mexico's Pemex in August, according to exclusive data shared with Reuters, even as pressure mounts on the state oil company to reduce these emissions. Three…
Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this…
The Kremlin blamed European politicians on Sunday for keeping shut the Nord Stream 1, one of its main gas supply routes, saying their economic sanctions on Russia had hindered Gazprom's maintenance of the pipeline.State-controlled Gazprom announced…
The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday as Russia's halt on gas supply down its main pipeline to Europe sparked concerns over energy prices and growth.The euro slid to $0…
Nord Stream flows halted for three days this weekDeliveries were due to resume on Saturday at 0100 GMTRussia blames sanctions for pipeline disruptionsBrussels says Moscow using gas as economic weaponRussia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany…
Scana-owned PSW Technology has secured a contract with offshore drilling contractor Odfjell Drilling for the delivery of marine risers to operations in West Africa. The deal includes the leasing of a complete riser package for a minimum of 18 months…
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