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Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA
Business & Finance

Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA

IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

about 4 years ago
Tellurian to buy natural gas assets in Haynesville Shale
Business & Finance

Tellurian to buy natural gas assets in Haynesville Shale

U.S. LNG project developer Tellurian wants to purchase natural gas assets from privately held oil and gas company EnSight located in the Haynesville Shale.

about 4 years ago
WoodMac: Seven giant national oil players have what it takes to keep up output for 40-60 years
Business & Finance

WoodMac: Seven giant oil players have what it takes to keep up output for 40-60 years

With two-thirds of global resources in their hands, seven NOCs own the lion’s share of remaining discovered oil & gas resources.

about 4 years ago
Santos hires Worley for its carbon capture and storage project in Timor Sea
Business & Finance

Santos hires Worley for its carbon capture and storage project in Timor Sea

Santos has awarded a deal for its carbon capture and storage (CCS) project at a gas and condensate field in the Timor Sea to Worley.

about 4 years ago
Two oil & gas firms close long-anticipated deal for sale of stake in field off Nigeria
Business & Finance

Two oil & gas firms close long-anticipated deal for sale of stake in field off Nigeria

Panoro Energy has completed the sale of its interest in the Offshore Mining Lease no. 113 (OML 113) offshore Nigeria to Oslo-listed PetroNor.

about 4 years ago
Geophysical studies wanted for French offshore wind cable routes
Business & Finance

Geophysical studies wanted for French offshore wind cable routes

France’s transmission system operator (TSO) Réseau de Transport d’Electricité (RTE) has issued a tender seeking a contractor to carry out offshore geophysical studies on submarine cable routes of offshore wind farms. RTE is looking to conduct geophysical surveys along the submarine cables, approxima

about 4 years ago
Potential delay looms over first oil from Gabon project due to rig availability
Business & Finance

Potential delay looms over first oil from Gabon project due to rig availability

BW Energy has revealed that the first oil from its project off Gabon may be delayed due to a potential change in the rig’s schedule.

about 4 years ago
Recently converted MMA vessel ready for offshore wind work
Business & Finance

Recently converted MMA vessel ready for offshore wind work

MMA Offshore has added its first Taiwanese vessel to its fleet following the reflagging of the multipurpose vessel MMA Crystal. A subsea conversion program was completed on MMA Crystal, previously an anchor handling tug supply (AHTS), at the beginning of the year to support the offshore wind market

about 4 years ago
After getting its hands on Aban’s rig, Shelf Drilling changes its name
Business & Finance

After getting its hands on Aban’s rig, Shelf Drilling changes its name

Following the delivery of a jack-up rig from India’s Aban, Shelf Drilling has renamed this latest addition to its fleet of offshore rigs.

about 4 years ago
Another Aban rig joins ADES fleet
Business & Finance

Another Aban rig joins ADES fleet

India’s offshore drilling contractor Aban Offshore has closed the sale of another jack-up drilling rig to the UAE-based ADES International.

about 4 years ago
Hugin AUV brings over €43 million to Kongsberg
Business & Finance

Hugin AUVs bring over €43 million to Kongsberg

Kongsberg Maritime has secured more than NOK 450 million (around €43.7 million) in new contracts for its Hugin autonomous underwater vehicles (AUV). The Q2 2022 order income consists of a mix of recurring business with existing customers and new customers that will use the Hugin platform in their op

about 4 years ago
UK regulator to ring in the new year with new boss after current one steps down
Business & Finance

UK regulator to ring in the new year with new boss after current one steps down

UK’s NSTA has appointed a new Chief Executive, which will replace its current one, who is due to leave at the end of the year.

about 4 years ago
Sleipner
Business & Finance

Gas leak forces key Norwegian hub into shutdown

A gas leak in a contained area related to a turbine on the Equinor-operated Sleipner A platform in Norway was reported on 11 July.

about 4 years ago
Ocean Onyx drill rig - Beach Energy - Oyway campaign
Business & Finance

Beach de-risks Otway with largest drilling campaign in basin’s history

Beach Energy has completed its drilling campaign in Australia’s Otway Basin, describing it as a critical investment in new gas supply for the east coast.

about 4 years ago
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