Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…
Japan, the world's top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships travelling in Russian waters from Jan…
The Norwegian oil and gas companies OKEA and DNO Norge have signed a deal for OKEA to enter the offshore license in Norway containing the Brasse discovery, with a 50% stake effective January 1, 2023. Following the transaction, DNO and OKEA will each hold 50% WI in the (PL740)…
Neptune Energy has signed a Memorandum of Understanding with Ørsted and Goal7 to investigate using offshore wind-generated electricity to power new integrated energy hubs in the UK North Sea.Integrated energy hubs have the potential to combine multiple energy systems…
Trinidad and Tobago is preparing to reject four offshore exploration bids by BP Plc and Shell, according to people familiar with the matter, because they failed to meet the government’s minimum requirements. The island nation's government plans…
U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc's new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.The windfall profits tax is 'counter-productive'…
Brazilian oil company Petroreconcavo SA has agreed to buy Maha Energy's subsidiary in the Latin American country, the companies said on Wednesday, marking another step in the Brazilian firm's ongoing expansion.According to a securities filing…
Tekmar Group will supply Cable Protection Systems (CPS) for the Dogger Bank C offshore wind farm in the UK, under a contract with offshore installation firm DEME Offshore.This follows the existing contract with EPCI contractor DEME Offshore…
Indonesia has awarded another two oil and gas exploration blocks to domestic firms as it seeks to boost production to meet growing energy demand, the energy ministry's director general of oil and gas said on Wednesday. The Paus working area in offshore East Natuna…
President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap. The Group of Seven major powers…
UAE-based AD Ports Group and KMTF (Kazmortransflot), an offshore logistics and services subsidiary of the Kazakh National Oil Company (KazMunayGas), have signed a deal to launch a joint venture that will provide offshore and shipping services for energy companies in the Caspian Sea…
A keel laying ceremony was held Tuesday for the wind turbine installation vessel (WTIV) Boreas, being built for the Dutch marine and offshore services firm Van Oord.The ceremony took place at the YCRO yard in Yantai, China.The Boreas will be…
The Brazilian oil company Petrobras has launched a tender for the supply of two FPSOs for the shared reservoirs of Atapu and Sépia, with bids expected to be received in July 2023 and production to start in 2028. The offshore production units…
Production from the Njord field in the Norwegian Sea restarted at 16.30 on December 27th, following an upgrade project in which both the platform and the floating storage and offloading vessel (FSO) were brought ashore for extensive upgrades…
Ireland's Minister for the Environment, Climate and Communications, Eamon Ryan TD, on Friday issued Maritime Area Consents (MACs) to the first phase of seven offshore wind projects.The government said the MACs granting represented a significant…
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