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Chevron Eyes Oil and Gas Exploration Off Greece

Jan 20, 2025

U.S. oil producer Chevron has expressed an interest in exploring for hydrocarbons in Greece, southwest of the Peloponnese peninsula and up to the west of the island of Crete, the Greek energy ministry said on Monday.The ministry added in a statement…

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

Jan 20, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Dongfang 29-1 gas project in the Yinggehai Basin, offshore China.The main production facilities at the project include a new unmanned wellhead platform and a subsea pipeline…

Amanda Dasch named Ørsted Region Americas CEO

Dec 16, 2024

20+ year energy and renewable executive to lead 11 GW U.S. portfolio, continue driving build-out of new American energy industry.Ørsted announced today it has selected Amanda Dasch as its new Region Americas CEO, tapping a seasoned executive with leadership experience in the U…

Noble Corp. Taps Kongsberg Digital Simulator Tech

Dec 16, 2024

Houston-based Noble Corporation contracted with Kongsberg Digital for the delivery of navigation, engine and dynamic positioning (DP) simulators based on Kongsberg Maritime’s K-Pos DP system. The simulators will be tailored and integrated with…

Uncertainty Surrounds Guyana Gas Development

Nov 25, 2024

Doubts are growing over Guyana's pick of a little-known U.S. startup to craft and develop projects to monetize its vast untapped natural gas resources that could cost up to $30 billion. Year-old Fulcrum LNG faces financing hurdles that could derail its selection…

CEP Taps Zenith Energy for Well Management Services Offshore Poland

Oct 30, 2024

Aberdeen-based well management company Zenith Energy has been awarded six-figure well management contract with Central European Petroleum (CEP) as part of Poland’s Wolin project.Zenith has been contracted to provide full well management including all well engineering…

INEOS Energy Puts New Equipment into Operation to Boost Breagh Gas Flow

Oct 10, 2024

INEOS Energy has brought online the electric-driven compressor at the Teesside Gas Processing Plant, which will boost gas flows from the INEOS-operated Breagh gas field offshore U.K.The new compressor represents a significant investment that…

Greece and Cyprus to Install 'World's Longest' Subsea Power Cable

Sep 23, 2024

Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric cable linking continental Europe to the East Mediterranean, the energy ministries of the two countries said on Saturday.The Great Sea Interconnector…

Upstream Electrification Could Cut 80% of O&G Production Emissions, Rystad Finds

Sep 19, 2024

Oil and gas production facilities could reduce more than 80% of associated emissions if converted to run on electricity powered by renewables or natural gas that would otherwise be flared, according to a new report from Rystad Energy.Fully electrified…

Apollo Takes Share of BP’s Trans Adriatic Pipeline in $1B Deal

Sep 16, 2024

BP and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, BP’s subsidiary that holds a 20% share in Trans Adriatic Pipeline (TAP), in a transaction valued at approximately $1 billion…

Niger Delta Oil Field to Supply Gas for Nigeria’s First FLNG

Sep 08, 2024

Nigeria's oil regulator on Friday granted UTM Offshore Limited the first license to operate a floating liquefied natural gas (FLNG) plant, to tap flared gas from an ExxonMobil oil field in the Niger Delta.Such plants are springing up on the continent as Africa seeks to tap its gas resources…

Energy Academic Victor Rodriguez to Be Next Pemex Chief

Aug 28, 2024

Mexico's incoming president tapped academic Victor Rodriguez to be the next top executive of debt-ridden oil giant Pemex on Monday, among the last senior nominations for the country's financially volatile and politically sensitive energy sector…

Anasuria Hibiscus taps Ocean Installer for 'Sizeable' Subsea Tie-Back Project

Aug 26, 2024

Ocean Installer won 'a sizeable' project from Anasuria Hibiscus UK Limited as part of a new frame agreement for offshore construction. The Teal West Development comprises a subsea tie-back to the Anasuria FPSO. The scope of work on Teal West includes installation of manifold…

Inside Asia-Pacific’s Offshore Energy Boom

Aug 20, 2024

Strategic initiatives are attracting investors and petroleum contractors to Asia Pacific’s offshore energy market, propelling the region towards enhanced security and economic growth. As countries tap into their local resources to meet rising demand…

Maine Wins Federal Floating Wind Research Lease

Aug 19, 2024

The Biden administration on Monday issued an offshore wind lease to the state of Maine for a small project that will demonstrate floating turbine technology off the U.S. East Coast.The lease area covers 9,700 acres (3,920 hectares) and is 28 nautical miles (52 kilometers) from shore…

Current News

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Iran War Reshapes Global LNG Trade

Iran War Reshapes Global LNG Trade

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

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