Australian Energy Producers has been unveiled as the new name of the peak body of the nation’s explorers and producers of essential energy.Previously known as the Australian Petroleum Production & Exploration Association (APPEA), the change…
Allspeeds, manufacturer of Webtool hydraulic cutters, has supplied a downhole cutter for James Fisher Decommissioning’s SEABASS subsea well abandonment tool. The smallest Webtool steel wire cutter so far at just 172mm, it is tightly integrated…
Norwegian energy firm Equinor and its partners inaugurated the world's largest floating offshore wind farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions.The Hywind Tampen wind farm…
Egypt's petroleum ministry on Tuesday announced a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez.The new discovery was made by Egypt's Cheiron through exploration well GNN-11, currently producing more than 2,500 barrels a day…
Australian No.1 oil and gas producer Woodside Energy said second-quarter sales tumbled due to weaker commodity prices and maintenance work, missing analyst forecasts, although its shares rose as it stuck to longer-term production guidance.Oil…
Woodside has made a final investment decision to develop the large, high-quality Trion resource in Mexico. First oil is targeted for 2028.Woodside is operator with a 60% participating interest and PEMEX holds the remaining 40%.The forecast total capital expenditure is US$7…
Shell's incoming Chief Executive Wael Sawan is set to accelerate the group's drive to build its renewable energy business, including through a possible 'transformative' clean power acquisition, company and industry sources said.Sawan will from…
With a third of Norway’s oil and gas on its books, state-owned Petoro has a unique perspective, from the macro right down to drainage strategies.Today, Petoro VP Licence and technology Kjell Morisbak Lund sees that the industry has many difficult challenges…
A new report from the International Energy Agency (IEA) estimates that if there was a concerted, global effort to eliminate unnecessary flaring and control leaks across the supply chain, nearly 210 billion cubic meters (bcm) of natural gas could be made available to gas markets…
Equinor and partner Wellesley report discovering oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect. Preliminary calculations of the expected size indicate between 3.3 and 5.2 million standard cubic meters of recoverable oil equivalent…
DNV completed a concept verification review of Odfjell Oceanwind’s WindGrid (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNV’s review confirms the technical feasibility of the WindGrid system, and that expected reductions in CO2…
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