Norwegian oil and gas company Vår Energi said Monday it had acquired 30% ownership in production licenses (PL) 820S and 820 SB north of the Balder field in the North Sea from Lime Petroleum, Pandion Energy, and Lundin Energy Norway AS (now Aker BP)…
Brazilian oil company Petrobras said Monday it had ordered an FPSO from Keppel Shipyard, for deployment at the Búzios offshore oil field in Brazil.The FPSO, named P-80 will be the ninth unit to be installed in the field, and, according to Petrobras…
At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned producer Saudi Aramco.He was not joking…
Norwegian oil company Aker BP has made an oil and gas discovery 14 km northeast of the Skarv field in the Norwegian Sea and 220 kilometers west of Sandnessjøen, Norway.The wildcat well 6507/3-15 encountered an oil and gas column totaling about 115 meters in the Fangst and Båt groups…
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins.Aramco joins oil majors such as Exxon Mobil Corp and BP that have reported…
Crews were expected to replace a damaged oil pipeline piece by the end of the day on Friday, a Louisiana port official said, allowing for the resumption of production at seven offshore U.S. Gulf of Mexico oil platforms.A failed flange connecting…
Malaysian offshore services company Sapura Energy has completed the sale of its pipe-laying and crane vessel Sapura 3000 for $71.5 million to Safeen Feeder Company – Sole Proprietorship LLC, a company in the Abu Dhabi Ports Group of Companies…
Abu Dhabi National Oil Company (ADNOC) on Thursday awarded a $1.17 billion (AED4.3 billion) contract to ADNOC Logistics & Services (ADNOC L&S) for the hire of 13 self-propelled jack-up barges.ADNOC said the jack-ups would help it drive offshore…
Germany's Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia's Woodside or U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.The strategy reflects efforts by companies and…
Belgium-based offshore installation firm DEME Offshore has installed the offshore substation of the Fécamp offshore wind farm, offshore France, using its new flagship vessel 'Orion.'The DP3 installation vessel Orion is equipped with a 5,000-tonne crane…
Australian state energy ministers said on Friday local gas production should be prioritized for the domestic market to ensure there is no shortfall, as forecast for 2023 and 2024, raising pressure on exporters to boost local supply.Comments from the ministers from the two most populous states…
Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to research published on Thursday.The study, by researchers at non-profit Carbon Mapper…
Oil and gas company Eco Atlantic said Friday it expected to start drilling at its Gazania-1 well off South Africa in September, as the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilized Friday. The Gazania-1 well is located in the Orange Basin in South Africa…
Denmark-based renewables company Copenhagen Energy has released details of a proposed offshore wind farm in Commonwealth and State waters north of Geraldton in Western Australia.The Midwest Offshore Wind Farm will comprise up to 200 turbines…
Offshore drilling company Aquadrill - ex-Seadrill Partners - has extended the charter hire agreement for its Auriga drillship with Diamond Offshore Drilling after reaching an agreement on the one-year mutually agreed option in the current underlying drilling contract…