Italian Eni and French TotalEnergies on Monday began the exploratory drilling of a natural gas well off the coast of Cyprus in the same block where a discovery was made in 2018. On Monday, the […]
National Ocean Industries Association President Erik Milito has issued a response to the Interior Department’s decision not to move forward with planned Gulf of Mexico and Alaska oil and gas lease sales. Last week, the […]
The idea is to capture carbon dioxide and store it in old oil and gas wells under the sea. From Texas Standard: Carbon capture is one of the-up-and-coming tools to combat the gas emissions that fuel […]
SAO PAULO: Brazil on Wednesday granted 59 exploratory blocks of oil and natural gas to 13 companies, including Shell, TotalEnergies and 3R Petroleum. The auction totaled 422.4 million reais ($90.10 million) in signature bonus, registering […]
The federal government of Canada has granted its approval for a $12-billion oil project offshore Newfoundland and Labrador, to be led by Norwegian state major Equinor. According to the Norwegian company, the Bay du Nord project consists of several […]
NEW YORK–(BUSINESS WIRE)–Hess Corporation (NYSE: HES) today announced another oil discovery offshore Guyana at the Uaru-2 well on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate for the […]
Cairn Energy Plc reshuffled its portfolio, selling $460 million of assets in the U.K. North Sea and buying projects in Egypt’s Western Desert from Royal Dutch Shell Plc. Both deals, announced Tuesday and seen completing in […]
The closing of the transaction marks BP’s official entry into offshore wind. “We see significant opportunities by rapidly growing bp’s offshore wind business, making a major contribution to our strategic goals and developing assets that will provide long-term, […]
Energy News Publishers Note: This $1 billion dollar group of wells is only the beginning for drilling in the Mediterranean, Red Sea, and even the Black Sea. The deals with major oil companies in the […]
Nasdaq Energy News Beat Publishers Note: Its better to have leases than not …. W&T Offshore, Inc. WTI claimed to be the apparent high bidder on two blocks in the U.S. Gulf of Mexico lease sale 256. […]
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