LogIn LogOut

Europe News

 

TotalEnergies Picks Up OMV’s Upstream Gas Assets in Malaysia

Feb 01, 2024

French energy major TotalEnergies has has signed an agreement with Austria’s OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream for $903 million.The transaction includeds the transfer of a $350 million loan granted by OMV to SapuraOMV…

BP Launches Its ‘Largest-Ever’ Seismic Program at Azerbaijan Oil Field

Jan 24, 2024

BP has started a new four-dimensional (4D) high-definition ocean bottom node seismic program on its Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, offshore Azerbaijan.This is the largest-ever seismic acquisition commitment made by BP globally by all its aspects – area size…

Gazprom Breaks Daily Record for Gas Supply to China

Jan 03, 2024

Russian energy giant Gazprom said on Wednesday it set a new daily record the previous day for gas supplies to China through the Power of Siberia pipeline.Gazprom did not provide a figure for the new daily record but said total gas exports to China via the pipeline amounted to 22…

Russian LNG Exports to Europe Fell 1.9% in 2023

Jan 02, 2024

Russian exports of liquefied natural gas (LNG) to Europe fell 1.9% to 15.8 million metric tons in 2023, and LNG exports to Asia fell 11% to 14.9 million tons, LSEG data showed on Tuesday.Europe increased purchases of LNG from global producers…

West Azeri Platform Marks 1 Billion Barrels Milestone

Dec 29, 2023

West Azeri platform, located in the Caspian Sea at Azeri-Chirag-Gunashli (ACG) oil field, has achieved 1 billion barrels total production.The announcement was made by BP, which is the operator of ACG oil field, on behalf of its partners SOCAR…

Russian Arctic LNG 2 Project Hit by US sanctions

Dec 26, 2023

Japan's Mitsui and Co has decided to pull its employees out of Russia's Arctic LNG 2 liquefied natural gas (LNG) project, the Sankei newspaper reported on Tuesday, citing several sources, in yet another blow for the project.Fearing the backlash from the sanctions…

Foreign Shareholders Suspend Participation in Russia's Arctic LNG 2 Project

Dec 25, 2023

Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday…

Equinor Divests All Remaining Oil Assets in Azerbaijan

Dec 22, 2023

Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement by which the Norwegian energy industry giant will divest all its remaining assets in Azerbaijan to SOCAR.The assets comprise a 7.27% non-operated interest…

DOF Set to Bring in $30M From Two New Projects

Dec 19, 2023

Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. The first contract for DOF covers engineering…

Transocean Inks $251m Semisub Contract

Dec 12, 2023

Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.Expected to commence in the first quarter of 2025…

Steel Cutting Ceremony Held in Thailand for Norway-bound Offshore Platform

Nov 02, 2023

Norwegian oil company Aker BP and construction firm Aibel on Thursday held the first steel cutting ceremony for the Munin platform in Thailand, being built for the Yggdrasil development offshore Norway.Thai monks blessed the steel in a formal ceremony…

China Willing to Provide Necessary Information on Baltic Sea Pipeline Probe

Oct 25, 2023

China is willing to provide necessary information in accordance with international law regarding an investigation on damage to a Baltic Sea gas pipeline, the foreign ministry said on Wednesday at a regular press briefing.The damage earlier this…

Oilfield Services Giant SLB Halts All Shipments to Russia

Jul 17, 2023

Top oilfield services firm SLB on Friday said it is halting shipments of products and technology into Russia from all its operations over an expansion of Western sanctions.SLB, the world's largest oil service and equipment provider, was one…

Floating Solar Market Set to Surpass 6 GW by 2031, Says Wood Mackenzie

May 25, 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday…

Kuwait's Oil Firm Seeks to Exit Norway

May 16, 2023

Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, industry sources said. Kuwait Foreign Petroleum Exploration Company (Kufpec) hired Scotiabank to run the sale…

Current News

Japan Could Be Energy-independent by 2060

Japan Could Be Energy-independent by 2060

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

PTTEP Buys Wintershall Dea's Share in Abu Dhabi’s Ghasha Concession

PTTEP Buys Wintershall Dea's Share in Abu Dhabi’s Ghasha Concession

Temasek to Finalize Deal with Shell for Pavilion Energy LNG Asset Sale

Temasek to Finalize Deal with Shell for Pavilion Energy LNG Asset Sale

Valeura’s Newly Acquired FSO Aurora Checks in at Nong Yao Field Offshore Thailand

Valeura’s Newly Acquired FSO Aurora Checks in at Nong Yao Field Offshore Thailand

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

China, Pakistan Agree to Strengthen Oil and Gas Cooperation

China, Pakistan Agree to Strengthen Oil and Gas Cooperation

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com