The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr
Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has reached an agreement with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, to combine their North Sea businesses.
A liquefied natural gas (LNG) cargo has been indexed to the LNG futures of Abaxx Commodity Exchange and Clearinghouse, owned by Abaxx Singapore, whose majority shareholder is financial software and market infrastructure company Abaxx Technologies, in what the firm says is the first over-the-counter
U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT).
OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment.
American oilfield services company NOV and Brazilian state-owned energy firm Petrobras have signed a pre-commercial agreement for the development of flexible pipes designed for high CO2 deepwater applications. The collaboration, formalized with the signature of an agreement in February, focuses on c
Norwegian FPSO operator BW Offshore has finalized the sale of its floating production, storage, and offloading (FPSO) unit to a subsidiary of Houston-based oil and gas player Murphy Oil Corporation.
An Allseas vessel has commenced offshore works for the first offshore carbon capture and storage (CCS) project in the Netherlands with an unexploded ordnance (UXO) survey along the pipeline route, seen as one of several important pre-lay activities before pipeline installation. Allseas’ purpose-buil
Norwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the Northern North Sea using a semi-submersible rig owned by China’s CMC and managed by Odfjell Drilling.
Shortly after reporting an integrated engineering, procurement, construction, and installation (iEPCI) contract with Equinor in Norway, TechnipFMC has secured another one, this time with Shell in Brazil, worth over $1 billion. The iEPCI contract has been awarded for Shell’s Gato do Mato greenfield d
Shell showcased its investment plans for the future, spotlighting its commitment to oil and gas to unlock longevity, further growth, and attractive returns.
Germany’s Securing Energy for Europe (SEFE) has signed a heads of agreement (HoA) with U.S.-based LNG export infrastructure development company Delfin Midstream for the supply of liquefied natural gas (LNG) from the latter’s proposed project off the coast of Cameron, Louisiana, on the U.S. Gulf Coas
Shell has handed out a multi-year operations and maintenance contract to Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel destined to work on this project in Brazilian waters.
OMV Petrom and Romgaz have started drilling the first gas production well in their multi-well program in the Romanian sector of the Black Sea with a semi-submersible rig, owned by Transocean, a Switzerland-based offshore drilling giant.
