Angola expects its oil production to temporarily increase next year on the back of recent private investments in the sector, but output will remain below 1.5 million barrels per day, its finance minister told Reuters on Thursday.Beyond next year…
Guyana's closely watched auction of 14 offshore oil blocks faces a delay with the South American country pushing back the deadline for oil explorers to submit bids to mid-July.The three-month delay is in response to industry feedback and the…
TotalEnergies is considering a bid for private equity-backed gas and oil producer Neptune Energy Group, Bloomberg News reported on Thursday, citing people familiar with the matter. The French company is among the suitors that have held early-stage talks with Neptune…
Oil major BP has started oil production at its Argos offshore platform in the deepwater U.S. Gulf of Mexico.With a gross production capacity of up to 140,000 barrels of oil per day, Argos is BP’s fifth platform in the Gulf of Mexico and the…
Subsea autonomous robot maker Nauticus Robotics on Thursday announced the start of commissioning exercises for the first of three second-generation Aquanauts, dubbed the ‘Mark 2’ (MK2).Nauticus, which builds autonomous robots using artificial…
The Dutch oil and gas company ONE-Dyas has awarded subsea services firm N-Sea a contract to install a subsea power cable between the Riffgat offshore wind farm and the new to be built N05-A gas production platform in the Dutch North Sea.N-Sea's scope comprises of survey…
Corio Generation, part of Macquarie’s Green Investment Group, said Thursday it was joining the Global Offshore Wind Alliance, an international coalition founded by the Government of Denmark, the International Renewable Energy Agency (IRENA)…
Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country. Oil…
RWE and Northland Power have selected offshore installation firm Havfram Wind as the preferred supplier for their German North Sea offshore wind cluster of up to 1.6 gigawatts (GW). The cluster will consist of four wind farms.Havfram Wind will…
A 250kg wave buoy associated with the metocean survey at the West of Orkney Wind Farm site in Scotland has broken free of its mooring, according to a notice to mariners issued Wednesday by Xodus Group, on behalf of the wind farm developer Offshore Wind Power Limited (OWPL) said…
UK-based offshore well decommissioning firm Well-Safe Solutions has deployed its Well-Safe Defender semi-submersible plugging & abandonment unit for work in the North Sea for Spirit Energy.This is the first contract for the Well-Safe Defender semi-submersible rig…
U.S. oil producer ConocoPhillips on Wednesday unveiled a 10-year plan that raised its targets for greenhouse gas reductions and put its annual capital expenditure at about $10 billion on average, ahead of an investor meeting.Houston-based ConocoPhillips…
Qatar's state-owned energy firm QatarEnergy has signed a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, dubbed the largest project in the history of the LNG industry…
Oil and gas company Trinity Exploration & Production said Wednesday that a generator-related fire occurred on its Bravo Platform in the Trintes Field, in the Galeota Block, offshore east coast Trinidad at around 21:15 local time.'Production from the Bravo platform was halted…
Japanese companies and climate groups called on the nation's government on Wednesday to step up the introduction of renewable energy and quickly adopt carbon pricing to tackle global warming.The Japan Climate Initiative (JCI), an alliance of companies…
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