(WO) – Ocean Installer has been chosen by Equinor and its partners in the Troll A license as the SURF contractor for their new 12 billion NOK ($1.13 billion) investment in the Troll Phase 3 […]
Switzerland-based offshore drilling contractor Transocean has tucked a multi-million contract extension in the U.S. Gulf of Mexico under its belt for an ultra-deepwater drillship employed by Hess Corporation, a U.S.-based oil and gas player. Set to […]
The government of Guyana has picked Fulcrum LNG, a U.S. firm founded and led by a former senior executive at ExxonMobil, to develop the country’s natural gas resources. After scoring huge success in oil discoveries […]
The heavily taxpayer-funded floating offshore wind technology developed by the University of Maine at Orono and touted by the Mills Administration has failed to advance to the third round in a prize contest held by […]
There is no longer a single British bank financing the smaller independent oil and gas producers that account for the bulk of output and investment in the North Sea, according to Neptune Energy. “The future […]
Swiss-based offshore drilling giant Transocean has entered into an agreement with an undisclosed customer to sell one of its ultra-deepwater floaters. The company said in a Monday US Securities and Exchange Commission filing that it […]
Last year, Lloyds denounced fossil fuel financing, joining a growing list of financial institutions in Europe to do so. Neptune Energy: Virtually all British banks have stopped financing smaller independent oil and gas producers The situation could […]
(WO) – The African Energy Chamber (AEC) announced that Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing a […]
Chevron Corp. and Equatorial Guinea’s state-owned GEPetrol have signed production sharing contracts (PSCs) for offshore blocks EG06 and EG11, the African Energy Chamber (AEC) has reported. Exxon Mobil Corp., the former owner of the licenses […]
TotalEnergies, through its role in Offshore Wind One GmbH, has secured a new lease, N-11.2, in the German North Sea. Covering 156 square kilometres near Heligoland, this lease will allow TotalEnergies to develop a 1.5GW […]
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