BW Energy is preparing for the closing of the acquisition of two clusters in the Espírito Santo Basin offshore Brazil.
Shell has taken a final investment decision (FID) for a deepwater project in the U.S. Gulf of Mexico (GOM).
Equinor spent two days in court two weeks ago, tackling the court scrutiny over the development of its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador, as Ecojustice set out to overturn the government’s approval for this $12-billion project. The outcome of this chall
As part of the UK’s 2023 Spring Budget, £20 billion (nearly $24.2 billion) funding has been unveiled to scale up carbon capture and storage (CCS) projects. The energy industry sees this funding as a way to speed up decarbonisation across the UK and step up the shift towards renewables.
Shell remains the world’s most valuable oil and gas brand for the ninth consecutive year, however, Aramco is closing the gap.
UK’s Prax Exploration & Production has reached an agreement with compatriot Hurricane Energy for the acquisition of the North Sea-focused company for approximately £249 million. Hurricane Energy is focused on fractured basement reservoirs offshore West of Shetlands on the UK Continental Shelf and ho
After completing the planned four-yearly topsides maintenance programme for an FPSO operating at a field in the Timor Sea off Australia, Jadestone Energy has found some inconsistencies in standard fittings, thus, the firm is working on fixing these issues.
Norway’s FPSO operator BW Offshore has completed the sale of a floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed.
Wood Mackenzie believes permitting reform could be part of the solution to the strains created by rapid growth in renewables.
Westwood has advised buyers to be mindful of exploration farm-outs, after analysing the results of 419 high-impact exploration wells drilled outside the U.S. and Canada between 2017 and the end of October 2022.
Oil Spill Response Limited (OSRL) has welcomed a new CEO, who previously worked in various executive positions at BP.
UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas picked a new Chief Executive Officer (CEO), after its current one decided to resign.
Norwegian oilfield services provider Aker Solutions has selected Spain-headquartered Tubacex as the delivery partner for umbilical tubes for projects on the Norwegian Continental Shelf (NCS). Under the agreement, Tubacex will deliver a total of 1,000 kilometers of umbilical offshore tubes to Aker So
Solstad Offshore has sold an anchor handling tug supply (AHTS) vessel to a buyer, whose identity has not been revealed.
