The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic meters (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday. Speaking after a cabinet meeting…
Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for $475 million to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in…
Oslo-listed offshore drilling rig owner Northern Ocean has won a contract with TotalEnergies for its Deepsea Mira semi-submersible drilling rig to be used in a 'multi-country' drilling program.Starting in the middle of the second quarter of 2023…
Brazilian power company Eletrobras and Shell have signed a cooperation agreement to exchange information as they mull a potential co-investment in offshore wind power in the South American country, Eletrobras said on Thursday.The move marks another step for Shell in the sector in Brazil…
Offshore drilling firm Valaris Limited said Thursday it had secured $275 million worth of drilling rig contracts since its most recent fleet status report was issued on October 31, 2022. Valaris won contracts and contract extensions for one drillship and six jack-up rigs…
Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: 'Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao…
Scana's PSW Technology has secured a contract to sell a deepwater riser system to offshore drilling contractor Northern Ocean.'The agreement involves the sale of a complete marine riser system to Northern Ocean for ultra-deepwater operations…
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'…
Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…
The British government stood firm on its windfall tax on the oil and gas sector in a meeting with industry executives on Friday, two sources with knowledge of what was discussed said.Finance Minister Jeremy Hunt rebuffed requests from North…
Qatar Energy has sold five cargoes of al-Shaheen crude loading in February at premiums of between $1.30 and $1.50 a barrel to Dubai quotes via its monthly tender, two trade sources said on Friday.The premiums are the lowest since June 2021 and…
Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…
UK-based Offshore Wind Growth Partnership has appointed Anil Sayhan as its new Program Director. Sayhan joins from Shell where he held frontline and corporate roles in products marketing, exploration and production, and renewables and energy solutions in the Netherlands…
Malaysian oil and gas company Petronas together with its Petroleum Arrangement Contractors (PACs) recorded a total of 10 oil and gas discoveries in Malaysia in 2022, following the increase of exploration activities in the country. Eight oil and gas discoveries were made off the coast of Sarawak…
Northern Lights, a carbon capture and storage joint venture between TotalEnergies, Shell, and Equinor, has signed an agreement under which Japan's 'K' Line will operate Northern Lights' first two 7,500 m3 liquefied CO2 ships. The ships will be delivered in 2024…
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