Crewsure Insurance Services Limited (Crewsure) has announced the launch of Crewsure Energy, a new program that brings together traditional employee benefits with specialist Crisis Response protection, designed for companies employing personnel…
Transmission system operator TenneT Netherlands and cable manufacturer NKT have completed a joint study examining the technical, environmental and economic aspects of decommissioning offshore power cables in the Netherlands and Germany.The study…
Chevron is exploring the sale of some of its older oil and gas assets in the US Gulf, the company confirmed to Reuters, part of an effort to focus on high-growth developments in the region.The energy producer is in the early stages of a multi…
Perenco UK has completed the decommissioning of the Leman South and Durango subsea assets in the UK Southern North Sea, using Petrodec's HAEVA jack-up vessel to plug and abandon the wells and remove associated subsea infrastructure.The two projects…
Oil and gas company Perenco has restarted production at the Foukanda field offshore Congo following the installation of new infrastructure connecting the field directly to its own facilities.Production resumed on September 15 at a rate of 2…
Egypt and Chevron have signed an agreement establishing the fiscal framework for developing and connecting Cyprus’ offshore Aphrodite gas to Egyptian gas infrastructure, marking another step towards transporting gas from the Eastern Mediterranean field to Egypt…
Oil and gas producer Ithaca Energy will likely halt further investment in Britain if the government does not approve its Rosebank oilfield in the North Sea, chair Yaniv Friedman said in an interview with the Financial Times on Tuesday.The company…
Seascape Energy has signed a letter of agreement with Petronas for a 547-square-kilometre extension of its Temaris Cluster Small Field Asset production sharing contract (PSC) offshore Malaysia, potentially doubling the gas resources identified in the area…
Oil markets initially treated the Iran war as a brief bullish disruption in a long-term bearish trend. But traders are now betting that oil prices will remain elevated through 2028, forcing a rethink of the global inflation outlook.Eight months into the war…
Guardian Decommissioning and Wild Well Control have signed an agreement for the decommissioning of the Bullwinkle offshore platform in Green Canyon Block 65 in the U.S. Gulf, with well abandonment activities scheduled to begin in the fourth quarter of 2026…
BP estimated on Tuesday its third-quarter refining margins tripled from last year as the Iran war boosts profits for oil majors, but also flagged $3 billion to $4.5 billion in impairments relating to its gas and low-carbon energy segment.This…
Saab UK has received an order from Ørsted for a Seaeye Cougar XT Compact remotely operated vehicle (ROV), expanding the offshore wind company's fleet of Saab Seaeye Cougar systems to three units.The electric ROV will support inspection and maintenance…
Ørsted has exercised a buyback right to acquire the remaining 49.9% stake in the Gunfleet Sands 1 & 2 offshore wind farm in the UK from its investment partners, paving the way for full ownership of the 172 MW asset.The company currently holds a 50…
Eni has signed two binding agreements to sell 10% interests in seven production sharing contracts (PSCs) in Indonesia to Pertamina and Medco, covering assets operated by its joint venture with Petronas.Under the first agreement, Eni will sell its 10% interests in the East Sepinggan…
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