Given the growing concerns over a draft domestic gas reservation framework, Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has emphasized the investment risks such a move could bring, intensifying east coast gas supply pressures.
As oil prices top $100 per barrel (bbl), Wood Mackenzie, an energy intelligence group, has pinpointed the uptick in energy prices as the reason for the revival in windfall tax debate across four continents.
As the North Sea offshore energy industry voices urge the UK government to put an end to reliance on imports, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has emphasized the need for the government to focus on unlocking homegrown power of supply to mitigate the
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received the green light for its seawater intake riser (SWIR) technology from American Bureau of Shipping (ABS), a classification society.
The International Maritime Organization (IMO) has approved the new safety guidelines for the use of ammonia as fuel on gas carriers, providing a practical framework to manage the associated safety risks, particularly its toxicity and handling requirements. The guidelines were developed through colla
Malaysia’s state-owned oil and gas heavyweight Petronas has shed light on a tragic offshore incident connected with a floating storage and offloading (FSO) unit working at a field off the coast of East Coast Peninsular Malaysia, Southeast Asia.
UK-headquartered energy giant BP and its partners have penned three production sharing contracts (PSCs) for oil and gas blocks off the coast of Indonesia, Southeast Asia. The British player is also participating in another offshore block, which Japan’s Inpex offshore Eastern Java in Indonesia.
Norwegian oil and gas player Aker BP has obtained a drilling permit for an exploration well in the Norwegian sector of the North Sea, which is slated to be drilled next month using a semi-submersible rig owned by Italy’s Saipem.
Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, is closing in on the completion of its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI).
Carnegie Clean Energy’s wholly owned subsidiary, CETO Wave Energy Ireland, has received a EuropeWave payment of €63,688 that reflects the approval of two deliverables related to the deployment of the CETO wave energy converter (WEC) at the Biscay Marine Energy Platform (BiMEP) site. The payment, und
A group of national industry players has come together to form the first shipbuilders consortium in the United Arab Emirates (UAE), which will work toward aligning national shipbuilding capabilities to drive maritime innovation and growth. According to AD Ports, the initiative is designed to strengt
Norway’s oil and gas player DNO has received the go-ahead from the country’s authorities for drilling activities in the Norwegian Sea with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.
An arbitration regarding a disputed 2024 charter hire related to the largest vessel in Solstad Offshore’s fleet has been resolved in the favor of the Norwegian offshore vessel owner, the company reported. Solstad reported yesterday, May 14, that arbitration proceedings related to a disputed charter
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.
