Tullow Oil has signed a production sharing contract (PSC) for Ivory Coast's offshore exploration license CI-803.Tullow will operate the license with 90% equity, with the remaining 10% held by PetroCi. The CI-803 offshore block covers an area of 1…
The Brazilian oil and gas company Enauta said Tuesday that classification society DNV had issued the recertification for the Petrojarl I FPSO, enabling a contract extension for the production unit.The Petrojarl I FPSO is an early production system used for production at Enauta's Atlanta field…
Romanian gas producers OMV Petrom and state-owned Romgaz filed paperwork on Tuesday that edged them closer to the extraction of a long-awaited deepwater gas field in the Black Sea, Petrom said.The two companies jointly own the Neptun Deep offshore project…
HSBC will no longer provide new lending or capital markets finance for new oil and gas fields, the British bank said on Wednesday, as part of a wider update to its energy policy. The bank said it will continue funding natural gas projects for now…
Norwegian Electric Systems (NES) has signed a contract with Norwegian offshore vessel owner Volstad Maritime to supply a battery pack and related control system for battery charging for Volstad's Grand Canyon II offshore construction vessel…
The largest recycling project of offshore installations in Denmark’s history has been successfully completed, TotalEnergies Denmark has informed.Namely, the company is the operator of the Tyra gas condensate field redevelopment project in the Danish North Sea…
China's COSCO Shipping (Qidong) Offshore Co., Ltd. has awarded Huisman another contract for the design and construction of a 3,000+mt Leg Encircling Crane (LEC).The crane, of an undisclosed value, will be installed on Danish offshore wind installation…
Oil and gas company Wintershall Dea, with its partners Petoro and Sval Energi, have filed a plan for development and operation for the Dvalin North field in the Norwegian Sea.According to the partners, the Dvalin North, which they describe as the largest discovery in Norway in 2021…
Crown Estate Scotland said on Tuesday that a total of 19 applications have been made for its Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process, aimed at cutting emissions from offshore oil and gas platforms in the UK North Sea…
U.S. offshore wind developer Atlantic Shores, a 50:50 partnership between Shell and EDF, has executed a Pre-Commitment and Capacity Reservation Agreement (PCCRA) with EEW American Offshore Structures Inc. (EEW-AOS) to serve as the manufacturing company for monopiles on its 1…
Philippe François Mathieu has been appointed executive vice president for Exploration and Production International (EPI), with effect from 1 January 2023.Mathieu succeeds Al Cook, who will leave the company to pursue a CEO position outside the company…
Abu Dhabi National Oil Company (ADNOC) has invited investment banks to pitch for roles in the initial public offering (IPO) of its gas business next year, two sources familiar with the matter told Reuters. Bankers familiar with the matter said…
Dutch energy company VTTI said on Monday it plans to build a new floating liquefied natural gas (LNG) terminal in the Netherlands with capacity to import 5 billion cubic meters of gas annually. On Friday the Dutch government said it was in talks…
Mainstream Renewable Power, BP and Statkraft have signed a memorandum of understanding (MoU) with Windport in Mandal, Norway, to 'position the port at the forefront of offshore wind development.' Mainstream, BP, and Statkraft are partnering…
Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for $475 million to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in…