Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas prospect. Hoping to defuse one source of conflict between the hostile countries and prod them toward accommodation…
Shell announced a second investment in Malaysia's oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply.Shell's decisions come after the war in Ukraine disrupted Russian oil and gas supplies and boosted prices…
Norway will receive help from Britain, Germany and France to patrol the seas around its oil and gas platforms amid suspicion that sabotage caused leaks in Nord Stream pipelines earlier this week, Norway's prime minister said on Friday.Russia's…
Brazilian oil and gas company Enauta said Friday that the production at the Manati field offshore Brazil has been interrupted due to the reduction in gas demand.'According to Petróleo Brasileiro S.A. (Petrobras), field operator and buyer of the gas produced by Manati…
Siemens Energy ENR1n.DE does not expect to be able to deliver a turbine for the Portovaya compressor station in Russia that is used to pump gas through the Nord Stream 1 pipeline, its chief executive told German magazine Der Spiegel.The pipeline…
Salt Ship Design has designed a harsh environment FPSO hull for the Bay du Nord project in Canada for Equinor and license partner BP.'Salt has been working closely with Equinor over quite some time to develop an FPSO with enhanced motion characteristics…
TotalEnergies said on Thursday it had observed 'unauthorized drone activity' near one of its offshore oil and gas installations in the North Sea.Denmark, has like other countries in the region, raised its safety level for its power and gas sector…
BP said on Thursday it has redeployed offshore personnel and restarted production at its Na Kika and Thunder Horse oil platforms in the Gulf of Mexico after halting production on Sept. 26 as storm Ian approached.(Reuters - Reporting by Arpan…
About 157,706 barrels, or 9%, of oil production in the U.S. Gulf of Mexico were shut on Wednesday by Hurricane Ian, said offshore regulator Bureau of Safety and Environmental Enforcement.Hurricane Ian was lashing Florida's Gulf Coast with powerful winds and drenching rain…
Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…
U.S. offshore oil producers on Tuesday were keeping a wary eye on Hurricane Ian's track as the powerful storm shut-in at least 480,000 barrels of oil production as it heads toward Florida.The hurricane entered the U.S. Gulf of Mexico on Tuesday and is forecast to become a dangerous…
Oil rose more than 1% on Tuesday from a nine-month low a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and a slight softening in the U.S. dollar.Analyst expectations that the Organization of the Petroleum Exporting Countries and allies…
Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa…
BP Plc on Monday said it is shutting in production at the Na Kika and Thunder Horse offshore oil platforms in the U.S. Gulf of Mexico, after forecasts indicating Hurricane Ian will strengthen in the next few days into the northeastern Gulf.Hurricane…
Brazilian oil company Petro Rio has signed a deal with TotalEnergies for the acquisition of a 40% interest in the BM-C-32 Block (“Itaipu Field” or “Itaipu”).Together with the 60% interest in Itaipu acquired from BP in July 2021, this transaction…
Subscribe
