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…
Ghana is looking to boost its oil and gas production by selling more exploration rights, aiming to avoid leaving valuable fossil fuels in the ground and generate revenue to fund its energy transition, a Ghanaian official said on Tuesday.The…
Oilfield services and technology company SLB said Wednesday that a multi-year three-way collaboration agreement was signed to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on Amazon Web Services' (AWS) cloud infrastructure…
Italian energy group Eni raised its guidance on Friday for full-year earnings before interest and taxes (EBIT) and cash flow, while also announcing an acceleration of its share buyback program.The group beat analysts' expectations for third…
Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago but up from the prior quarter as oil prices recovered.Earnings at the largest U.S. oil producer have benefited from higher…
MAN Energy Solutions has won the contract for the delivery of three integrally-geared compressor trains (IGC) for Porthos, the first large-scale carbon capture and storage (CCS) project in the Netherlands. The Port of Rotterdam Authority, Energie Beheer Nederland B…
Damage to a Baltic Sea gas pipeline earlier this month is believed to have been caused by a ship dragging a large anchor along the seabed, but it was too early to tell if this was an accident or a deliberate act, Finnish police said on Tuesday…
Chinese national offshore oil and gas major CNOOC Ltd, on Tuesday posted an 8.13% fall in third quarter profit on lower realised oil prices despite higher output.Net profit fell to 33.88 billion yuan ($4.64 billion), CNOOC said in a filing to the Hong Kong Stock Exchange…
Halliburton reported a 32% rise in third-quarter profit on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America.Oil and gas companies, who rely on service providers for drilling, well construction…
Sapura Energy said Monday that Brunei Shell Petroleum had issued notices of arbitration to its subsidiaries Sapura Fabrication and Sapura Offshore.Brunei Shell Petroleum is seeking arbitration against Sapura Fabrication in relation to the Salman development…
UK North Sea-focused oil and gas company Orcadian said Wednesday that the North Sea Transition Authority (NSTA) had confirmed to the company that it was prepared to agree to an extension to the second term of the offshore license containing the undeveloped Pilot oil field…
Dutch transmission system operator TenneT, in collaboration with contractor Equans/Smulders, has installed several artificial reefs near the offshore wind power transformer platform Hollandse Kust (west Alpha), which are meant to stimulate marine life…
As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.Rising above the Baltic Sea less than 10 km (6 miles) off the coast of Denmark…
Finnish investigators looking into damage to a Finnish-Estonian gas pipeline said on Tuesday they are probing several ships, including one Chinese and one Russia-owned, which were present in the Gulf of Finland at the time.“Investigation measures have been focused on several vessels…
Offshore wind farm developer CrossWind said Friday it had installed the 69th and final wind turbine at the Hollandse Kust Noord offshore wind farm in the Dutch section of the North Sea.The final turbine's three 97-meter-long blades were lifted into position on Thursday evening…
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