Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's wholly owned subsidiary PTTEP MENA Limited and Eni Abu Dhabi B.V., with each holding a 50% stake.Under the arrangement, PTTEP MENA and Eni will transfer their respective 10% participating interests in the Ghasha Concession to Seela Energies…
Indonesia boosted gas supplies to the Jangkrik Floating Production Unit (FPU) in the Kutai Basin on Thursday, with production expected to increase to 750 million standard cubic feet per day (mmscfd) by November.Energy minister Bahlil Lahadalia…
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…
EirGrid has completed its 2026 marine and coastal survey campaign for Ireland's Powering Up Offshore – South Coast program, with Fugro carrying out investigations to support the development of grid infrastructure for approximately 900 MW of offshore renewable energy…
ACCIONA has been selected as development partner for a transmission network designed to connect up to 2 GW of offshore wind capacity to the electricity grid in Australia's Victoria state.Under a concession agreement, ACCIONA will be responsible for developing…
South Africa's environment minister has dismissed a challenge lodged by conservationists against an environmental authorization to allow exploration in TotalEnergies-operated Block 3B/4B off the country's West Coast.The decision by Environmental Affairs Minister David Maynier…
Italian energy firm Eni will start drilling up to six development wells from November that will feed gas to its new Coral North floating liquefied natural gas platform offshore Mozambique, a senior executive told Reuters on Thursday.The project is on track to start production by 2028…
Italian energy firm Eni will start drilling up to six development wells from November that will feed gas to its new Coral North floating liquefied natural gas platform offshore Mozambique, a senior executive told Reuters on Thursday.The project is on track to start production by 2028…
Equinor and its partners Petoro and TotalEnergies have made an oil and gas discovery near the Oseberg field in the Norwegian North Sea, with preliminary estimates indicating between 19 million and 50 million barrels of recoverable oil equivalent…
Offshore drilling contractor Seadrill has secured new drilling contracts and extensions covering four rigs offshore Indonesia, Malaysia, Angola and in the U.S. Gulf.In Indonesia, West Carina drillship has been awarded a contract with an undisclosed…
Hampidjan Advant has signed an agreement with Cadeler to manufacture and supply heavy-duty lifting slings for the East Anglia TWO offshore wind farm project in the North Sea off the east coast of England.The equipment will be used aboard Cadeler's new wind turbine installation vessel (WTIV)…
Conrad Asia Energy has confirmed the arrival of the Valaris 104 jack-up rig at PaxOcean's shipyard in Batam in Indonesia, where it will be converted into a mobile offshore production unit (MOPU) for the Mako gas project in the West Natuna Sea…
Oil prices oscillated on Monday as the market considered possible further supplies after US President Donald Trump hailed fresh Russian diesel exports against supply-constricting signals after major attacks on Saudi Arabia.Retracing earlier losses…
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…
Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies…
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