Oil major Shell has partnered with Kongsberg Ferrotech in a project that is developing tools to repair subsea assets using 3D printing technology.'Since 2021, Kongsberg Ferrotech has worked in a joint industry project with the partners Equinor…
An appeals court in Milan on Friday rejected Nigeria's $1.092 billion compensation request against Italian energy group Eni and Shell in civil proceedings relating to a $1.3 billion oilfield deal. The decision was read out in court. In July…
An initial public offering (IPO) for oil and gas producer Wintershall Dea is off the cards for the next six months, Chief Executive Mario Mehren told business daily Handelsblatt.The company, owned jointly by BASF and investor group LetterOne…
Houston-based Bleutec Industries, a company which describes itself as the builder, owner, and operator of Jones Act-compliant offshore wind turbine installation vessels, said Thursday it had secured 'a significant capital commitment' from EnCap Investments L…
Shell said on Friday it signed an agreement with Chinese state refiner Sinopec and steel group Baowu as well as German chemical giant BASF to study a carbon capture, utilisation and storage project (CCUS) in East China. Parties intend to conduct…
North Sea oil and gas producer Ithaca Energy's planned initial public offering (IPO) in London is set to be priced at the bottom of the range at 250 pence per share, a bookrunner on the deal said on Tuesday.Ithaca's market debut will be watched…
Shell has completed the sale of its stake in the Malampaya offshore gas field in the Philippines to Malampaya Energy XP Pte Ltd (MEXP), a subsidiary of Prime Infrastructure Capital Inc (Prime Infra). Shell Petroleum signed an agreement to sell interest in Malampaya…
Investigators have found traces of explosives at the site of the damaged Nord Stream pipelines, confirming that gross sabotage had taken place, a Swedish prosecutor said on Friday. Swedish and Danish authorities are investigating four holes in the Nord Stream 1 and 2 pipelines…
The Norwegian oil company Equinor said on Tuesday it is evaluating the impact of Britain's windfall tax on its oil and gas projects, including the giant Rosebank development. 'The British government's decision last week to raise the windfall…
FPSO leasing firm BW Offshore said Thursday that Shell and its partners have extended the limited notice to proceed (LNTP) period with BW Offshore and Saipem in relation to the supply of an FPSO for the Gato do Mato oil and gas field offshore Brazil…
Chinese oil and gas major CNOOC has sounded out potential buyers of its interests in U.S. oilfields, two sources said, stepping up its retreat from Western nations amid sanctions concerns and calls for domestic investment. Reuters reported in…
Chevron Corp could win U.S. approval to vastly expand operations in Venezuela as soon as Saturday once the Venezuelan government and its opposition resume political talks, three people familiar with the matter said on Wednesday. A U.S. authorization…
A U.S. watchdog in a report made public on Thursday asked the federal regulator of offshore oil and gas infrastructure to come up with a cybersecurity strategy for the more than 1,600 facilities under its oversight. The Government Accountability…
France's first commercial-scale offshore wind farm started operating on Wednesday, adding 480 megawatts of capacity to the grid at a time when Europe is scrambling to secure energy supplies following Russia's invasion of Ukraine. The Saint-Nazaire wind farm…
After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and subsea equipment specialist in Western Australia, Adam Naylor had had enough.He had watched his pay go backward and conditions worsen during the pandemic…
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