TotalEnergies and the Lebanese government have reached a deal handing the French oil major temporary majority control of an offshore exploration block and paving the way for negotiations with Qatar over a stake in the gas project, two sources said…
Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.Norway…
The Celtic Sea is well positioned to maximize its position as an early hub for floating offshore wind. Still, it’s’ going to be a huge industrial challenge not unlike the oil industry faced when developing the Brents in the 1980s, today’s Floating Offshore Wind conference in Aberdeen heard…
Shell has pulled out of two offshore wind projects in the west of Ireland operated by Simply Blue Group a year after the British company acquired stakes in the developments. Shell and Simply Blue said in a joint statement on Saturday that Shell's…
Major leaks that suddenly erupted in the Nord Stream gas pipelines that run from Russia to Europe under the Baltic Sea have generated plenty of theories but few clear answers about who or what caused the damage.Here is what we know and what has been said so far:WHO IS BEING BLAMED…
A crime scene investigation of the Nord Stream 1 and 2 gas pipelines from Russia to Europe found evidence of detonations, strengthening suspicions of 'gross sabotage', Sweden's Security Service said on Thursday. Swedish and Danish authorities have been investigating four leaks after the pipelines…
Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, has appointed Joris Veldhoven as the company’s first Chief Executive Officer.The joint venture is working to develop offshore wind projects on the U…
Shell has turned to the head of its gas and renewables business to drive its transition to a lower-carbon future, picking Wael Sawan to replace Ben van Beurden as chief executive. Sawan's appointment comes at a pivotal time for the oil giant…
Danish offshore drilling firm Maersk Drilling has secured a contract with Shell Brasil for the semi-submersible rig Mærsk Developer in the Campos basin offshore Brazil.The offshore drilling rig will drill one exploration well and perform subsea well interventions at the BC-10 field…
Norway's Aker ASA said on Wednesday it was no longer part of a consortium that had made an unsolicited offer in July to buy most of Austrian oil and gas firm OMV's exploration and production business. Austrian newspaper Kurier on Tuesday reported that Aker…
Baker Hughes Co posted a quarterly loss on Wednesday, compared with a profit a year ago, hit by $230 million in restructuring and impairment charges relating to the oilfield services provider's latest reorganization. The company during the recent…
Mozambique expects to ship its first liquefied natural gas (LNG) exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region…
Gas started flowing to Poland through the new Baltic Pipe pipeline from Norway via Denmark and the Baltic Sea on Saturday morning, Polish gas pipeline operator Gaz-System said. The pipeline is at the centre of Poland's strategy to diversify…
A spokesperson for Russian energy giant Gazprom said on Monday that a mine destroyer discovered at the Nord Stream 1 offshore gas pipeline in 2015 belonged to NATO. Nord Stream reported on that date in 2015 that a 'munitions object' had been cleared by the Swedish armed forces…
Shell and Exxon Mobil have launched a joint sale process of a large package of offshore natural gas assets in the southern UK and Dutch North Sea, three industry and banking sources said.The two companies have hired investment bank Jefferies to run the sale…