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HomeOffshore

Offshore

3 offshore wind projects nixed
Offshore

3 offshore wind projects nixed in New York

April 19, 2024 Stu Turley

New York canceled power contracts for three offshore wind projects Friday, citing a turbine maker’s plans to scrap its biggest machines. The news is a heavy blow to the U.S. offshore wind industry and a […]

bp
Crude Oil News

bp focuses on Gulf of Mexico despite play-opening discoveries by peers in Guyana, Namibia

April 18, 2024 Mariel Alumit

(Bloomberg) – For a company that made its name with frontier oil discoveries from Iran to Alaska, bp Plc is notably absent from today’s hottest new oil plays. The company’s head of exploration and production […]

Kazakhstan
Crude Oil News

Kazakhstan to Consider Building Oil Pipeline in the Caspian Sea

April 18, 2024 Mariel Alumit

Kazakhstan, a non-OPEC oil producer part of the OPEC+ agreement, will consider building an oil pipeline in the Caspian Sea, Russian news agency Interfax reported on Thursday, quoting Kazakhstan’s Energy Ministry. The country is also considering the […]

FID
Big Oil Companies

ExxonMobil Makes FID on 6th Project in Contested Guyana Asset

April 15, 2024 Mariel Alumit

Exxon Mobil Corp. has made a final investment decision (FID) for the Whiptail development offshore Guyana after receiving government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately […]

Climate Crisis

Wind farms are useless, says Duke of Edinburgh

April 14, 2024 Stu Turley

In a withering assault on the onshore wind turbine industry, the Duke said the farms were “a disgrace”. He also criticised the industry’s reliance on subsidies from electricity customers, claimed wind farms would “never work” […]

Norway and UK
Energy Crisis

Norway and UK join forces to safeguard North Sea energy infrastructure

April 12, 2024 Mariel Alumit

Norway and the UK have united to safeguard critical energy and telecommunications infrastructure in the North Sea, highlighting a shared commitment to security and resilience. Minister of Energy Terje Aasland of Norway underscores the partnership’s […]

Petrobras
Crude Oil News

Petrobras makes ultra-deepwater oil discovery in exploration well in Brazil’s Equatorial Margin

April 11, 2024 Mariel Alumit

(WO) – Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploration well on concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is offshore between Ceará and Rio Grande […]

oil and gas
Crude Oil News

US unveils next steps in its 2024–2029 Gulf of Mexico oil & gas leasing program

April 10, 2024 Mariel Alumit

The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has revealed the notice of availability of the area identification (Area ID) for the three proposed Gulf of Mexico (GOM) oil and gas lease sales during […]

Petrobras
Crude Oil News

Petrobras discovers oil in ultra-deep waters of Potiguar Basin

April 10, 2024 Mariel Alumit

This marks the second discovery in the Potiguar Basin in 2024, following the Pitu Oeste Well, which is 24km from Anhangá. Petrobras has announced the discovery of oil deposits in the ultra-deep waters of the […]

Gulf of Mexico
Crude Oil News

Oxy Says Production to Restart in Eastern Gulf of Mexico in Coming Days

April 10, 2024 Mariel Alumit

Occidental Petroleum said on Wednesday production is expected to commence in the coming days in the eastern Gulf of Mexico (GOM) after some operations were shut for about five months. In November, the company had […]

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