Oil and gas company Valeura Energy has entered into a definitive agreement with PT Samudra Alam Transport to charter the MT Vula crude oil tanker to store oil produced from the Wassana oil field, offshore in the Gulf of Thailand.In Q2 2022,…
Norwegian energy firm Equinor's renewables business faces rising supply chain bottlenecks and strong rivalry for new projects, but will not compromise on its 4-8% investment return target, the head of the unit told Reuters.While still largely an oil and gas producer…
The Norwegian oil and gas company Aker BP said Friday it would vote in favor of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project, and the Utsira High projects…
Australia's Federal Court rejected on Friday an appeal by Santos Ltd to resume drilling on its $3.6 billion Barossa gas project off northern Australia after indigenous groups raised objections, potentially delaying other offshore projects.Three…
German oil and gas producer Wintershall Dea said on Thursday it was teaming up with other companies to expand carbon capture and storage activities around a hub near Hirtshals on Denmark's northern North Sea coast.The hub will be linked to the Danish Greensand CCS project…
TotalEnergies will cut its investment in British North Sea oil and gas projects by a quarter next year after the UK government hiked a windfall tax on the sector, the French firm's British exploration and production chief said on Wednesday.Energy…
The UK-based Offshore Renewable Energy (ORE) Catapult and the Net Zero Technology Centre said Thursday they'd examine potential pathways for the delivery of innovative floating offshore wind technology integrated with existing energy infrastructure…
Offshore energy industry services provider High Speed Transfers (HST) Marine has ordered three Fast Crew Suppliers 2710s from Damen Shipyards for an undisclosed fee.Damen Shipyards said that the vessels would be fitted with 190kW battery arrays…
Chinese oil company CNOOC said Thursday it had completed the acquisition of another 5% stake in the Production Sharing Contract of the Transfer of Rights (TOR) Surplus Volume related to the Búzios oil field, offshore Brazil.The Búzios oil field is located in the Santos Basin…
Energy industry logistics provider Peterson said Thursday it had won a three-year contract with ODE Asset Management (ODE AM) to provide integrated logistics services from the Port of Lowestoft in the UK.Peterson will provide quayside services…
Oilfield services firm Expro has secured a $50 million contract with oil and gas company Apache Corporation for work on its Beryl and Forties assets in the UK North Sea.The fully integrated well intervention and integrity services contract involves…
Vår Energi, a Norwegian oil and gas company, has awarded Floatel International a contract for its Floatel Superior offshore accommodation rig.The rig will support Vår Energi's lifetime extension program for the North Sea production vessel Balder FPU in 2023…
The German government wants to buy either a majority stake or all of the German subsidiary of Dutch power grid operator TenneT as part of Berlin's planned transition towards sustainable energy use, two German government sources told Reuters…
As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports. Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…
The leaders of Germany and Norway said on Wednesday they would jointly ask NATO to coordinate the protection of Europe's subsea infrastructure in light of the suspected attacks on the Nord Stream gas pipeline network.European countries have…
Subscribe
