Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell.In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules…
Chinese shipbuilder China Merchant Heavy Industries (CMHI) has contracted TMC Compressors (TMC) to deliver the completed marine compressed air system to a newbuild FPSO the Chinese yard is constructing for the Dutch FPSO leasing firm SBM Offshore…
Equinor's CEO said on Wednesday the European gas market will remain volatile this winter, and will face a lot of variables, but is in a stronger position than last year.Global gas prices leapt to all-time highs last year after Russia cut its gas supply to Europe…
Australia's Woodside Energy on Wednesday narrowed its annual production forecast range and capital expenditure outlook after posting a lower-than-expected quarterly revenue.The country's top independent oil and gas explorer now expects to produce…
Norwegian engineering firm Moreld Apply has won a topside tie-in contract with the Norwegian oil firm Equinor in relation to its Eirin offshore field development.Two new wells from the Eirin field will be tied back to the Gina Krog platform through a flexible flowline…
Norwegian oil and gas company Aker BP, and its Austrian partner OMV, have completed the acquisition of a 3D seismic survey over the Poseidon CCS license area (licence EXL005) in the Norwegian North Sea, OMV said Wednesday.The Poseidon CCS license…
The final investment decision has been reached for Porthos, a major carbon transportation and storage project in the Netherlands.Porthos is a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority. Porthos will provide transport…
Oil major Shell has sold its 35% stake in Indonesia’s Masela offshore block to PT Pertamina Hulu Energi and Petronas. The sale includes the Abadi gas project. The completion of the sale follows regulatory approval from Indonesia’s Ministry of…
TotalEnergies-operated Tyra Redevelopment Project in Denmark is set to start production in the early first quarter of 2024, BlueNord, a partner in the project, said Wednesday.Tyra is Denmark’s largest natural gas field which has been processing…
An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, ending an impasse that had led workers to threaten renewed strikes this week.The Offshore Alliance…
The United States has granted an amendment requested by the government of Trinidad and Tobago to a license allowing the joint development of an offshore gas project with Venezuela, the Caribbean country's Energy Minister Stuart Young said on Tuesday…
Exxon Mobil Corp. expects to make a final investment decision on its sixth oil project in Guyana by the first quarter of 2024, the company's country chief Alistair Routledge said on Tuesday.In August, Exxon and its partners proposed a plan to spend $12…
More than 20 companies including Exxon Mobil, a unit of Saudi Aramco, BP and Shell have submitted bids to compete for a contract to market Guyana's share of oil production, the government said on Tuesday.The 12-month contract, which allows the…
Costs have risen significantly in the past year for the Netherlands' multi-decade plan to connect its power grid to proposed North Sea wind farms due to rising interest rates, the country's Economic Affairs Ministry said on Tuesday.The global…
Offshore wind farm developer Ørsted has signed an agreement to divest 50% of the Gode Wind 3 Offshore Wind Farm in Germany to funds managed by Glennmont Partners from Nuveen.Glennmont is one of Europe’s largest fund managers, focused exclusively on investments in clean energy infrastructure…
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