Shell has completed the sale of a 100 per cent shareholding in its subsidiary, which operates a gas field in the Philippines.
Jadestone Energy has acquired BP’s stake in a Woodside Energy-operated project, encompassing oil-producing fields offshore Australia.
MODEC has signed a contract to perform Front End Engineering and Design (FEED) for ExxonMobil’s FPSO for the Uaru project in Guyana.
The developers of the West of Orkney Windfarm have completed its 2022 offshore and nearshore surveys for the project area, located around 25 kilometres off the Sutherland coast in Scotland. This milestone achievement covered geophysical and benthic surveys of the seabed across the 675 km2 offshore o
Offshore drilling contractor Valaris has revealed that some more work has been awarded to its rigs but another contract has been suspended.
Petrobras has made an oil discovery in a well located off Brazil and steps have been undertaken to measure the extent of this discovery.
Keeping the global energy crisis at the forefront, the CEO of ADNOC believes that the world needs all the energy solutions it can get.
Helix Energy Solutions has secured a deepwater well decommissioning contract with Shell Brasil in the Campos Basin. The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. The project is scheduled to commence in early 2024 for a minimum fir
Subsea 7 has secured a “sizeable” contract in the Asia Pacific region with an undisclosed client. Subsea7 defines a sizeable contract as being between $50 million and $50 million. Engineering work is set to commence immediately and offshore activity is scheduled for 2024 and 2025. The company did no
Centrica has increased the UK’s storage capacity by 50 per cent with the reopening of a gas storage facility in the Southern North Sea.
Malaysia’s Petronas has inked two deals with Petroleum Sarawak (Petros) to scale up the sustainable development of Sarawak’s energy industry.
The preliminary marine route survey for the second Malta-Italy electricity interconnector is nearing its final stages, project developer InterConnect Malta reported. The seabed survey was split into three sections, including nearshore Malta, offshore – along the route between the two countries, and
UK’s regulator has opened an investigation to find out whether an oil & gas company has failed to comply with North Sea licence obligations.
As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.
