Chinese national oil company CNOOC said Sunday it had made a large oil and gas discovery Bozhong 13-2 in Bohai Bay.CNOOC said that the Bozhong 13-2 structure was located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of about 23…
Italian energy group Eni on Friday raised its ambition to cut greenhouse gas emissions, vowing to become net carbon neutral by 2050, as it seeks to keep up pace in an industry under pressure from investors to go green.Like its peers, Eni is…
ConocoPhillips and Petronas Carigali have been awarded Block SB405, offshore Sabah, Malaysia, Petronas has informed.The offshore block is located in the North East Sabah basin, off the coast of Sandakan, with an area size of 5,857 square kilometers and in a water depth of up to 100 meters…
Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. Siem Offshore said that the project will utilize the offshore construction vessel 'Siem Barracuda'…
Australia's Woodside Petroleum sees the military coup in Myanmar as 'a transitionary issue' that would not affect its drilling in waters off the Southeast Asian nation, its chief executive said.His comments came as Australia, India, Japan, and…
Baker Hughes and C3 AI on Friday announced an artificial intelligence (AI) collaboration with the Malaysian oil and gas firm Petronas.Under the agreement, the two companies will deploy their joint BakerHughesC3.ai (BHC3) technology across Petronas' strategic digital transformation programs…
Malaysian national oil and gas company Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia bid round 2021 launch on February 26, 2021. Also included, Petronas said, are six discovered fields to incentivize…
UK's export credit agency UKEF said Thursday it was providing a £200 million buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, 'unlocking the export potential of the UK’s offshore wind sector.''To help the UK build back greener from the pandemic…
Woodside Energy expects strong buyer interest in the sale of a share of a new production unit at its Pluto LNG plant, top executives said on Thursday, a precondition for a planned $11 billion expansion at its Scarborough gas and Pluto project…
Tekmar Energy has said it has won contracts to provide cable protection systems for two offshore wind farm projects located in the coastal province of Guangdong in southeast China.Under the contracts with unnamed clients, Tekmar Energy will…
Russian oil company Lukoil is still working to obtain a share in the offshore block in Senegal containing the Sangomar development, after its first attempt last year to buy Cairn's share in the project was blocked out by Woodside, which exercised its pre-emption rights as a partner in the block…
SeaTwirl, a Swedish company developing vertical-axis floating wind turbines, has said that it has been granted a patent by the Japanese Patent Office for its divisible wind turbine. According to the company, the patent protects a solution where…
Wind turbine maker Vestas - which last week announced it would build the world's largest offshore wind turbine - said Monday it had appointed Purvin Patel as Regional President of Asia Pacific, to strengthen its presence and market position in strategic and fast-growing markets in the region…
Australia's southern states will need to import natural gas to fill a looming shortfall by 2024, as last year's COVID-19 induced oil and gas price slump has slowed investment in new fields, the country's competition watchdog said on Tuesday…
Australian oil company Carnarvon Petroleum is gearing up to start drilling at its Buffalo oil field project, in the Timor Sea, offshore East Timor.The company has awarded the drilling management services to Petrofac, which will include completion of detailed well design…
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