Rigzone

JULY 24, 2025

In 2023, Block 0, where TotalEnergies holds a 10 percent interest, secured a license extension until 2045. Image by Oleksii Liskonih via iStock TotalEnergies SE said Wednesday it has unlocked new production of 60,000 barrels per day (bpd) gross in Angola with the start-up of Begonia and CLOV Phase III.

Offshore

McKinsey

JULY 10, 2025

“ETS database v51,” European Environment Agency, May 2023. 2 “Commission decision (EU) 2023/1575 of 27 July 2023 on the union-wide quantity of allowances to be issued under the EU Emissions Trading System for 2024,” Official Journal of the European Union , July 31, 2023. ” European Commission, January 2023.

Transportation

Oil Review Middle East

JUNE 11, 2025

Fatema Al Nuaimi , chief executive officer of ADNOC Gas, said, “The FID and contract awards for the first phase of the Rich Gas Development project mark a significant milestone in ADNOC Gas’ strategy to deliver +40% EBITDA growth between 2023 and 2029.

Gas

Rigzone

JUNE 19, 2025

“The partners will evaluate several CO2 storage sites in the Malay Basin, including both saline aquifers and depleted offshore fields”, France’s TotalEnergies said in a press release then. Petronas is part of the NETR Committee. To contact the author, email jov.onsat@rigzone.com What do you think?

Transportation

Rigzone

JUNE 11, 2025

“The contracts involve expanding key processing units to increase throughput and improve operational efficiency across four ADNOC Gas Facilities: Asab, Buhasa, Habshan (Onshore), and the Das Island liquefaction facility (Offshore)”, Abu Dhabi National Oil Co.’s

Gas

Rigzone

JULY 9, 2025

“This change, the result of extensive technical consultation with offshore industry leaders, could increase production output by roughly 10 percent, which would translate into over 100,000 barrels per day production increase over the next 10 years”, the BSEE said.

Exploration and Production

Valor

JUNE 23, 2025

support for renewable energy has fallen since 2022, with backing for offshore wind expansion dropping from 59% to 44% and for solar farms from about 66% to 50%. million in 2023-24 and an FBI task force estimating $300,000 is lost monthly in stolen tools and pipes. This addresses a billion-dollar problem, with one operator losing $1.1

Energy

Offshore Energies UK

JULY 8, 2025

million, a 30% increase on the previous year, with growth in non-project service lines and increased tendering across project divisions, contributing to a record backlog of £299 million, up 86% from 2023. The company also recorded an operating profit of £2.6 “2024 has been a breakthrough year for our business.

Energy

Oil & Gas 360º

JULY 14, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.

Energy

Oil & Gas 360º

JUNE 19, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.

Energy

Valor

JULY 7, 2025

Key commitments include ExxonMobil’s pledge of up to $30 billion for lower-emission projects by 2030 and Shell’s $10-$15 billion investment in low-carbon solutions for 2023-2025. Read more US oil and gas rig count falls for 10th straight week, Baker Hughes says Summary : For the 10th straight week, the U.S. million barrels.

Energy

Oil & Gas Journal

JULY 28, 2025

As part of its second-quarter 2025 report released July 23, Woodside chief executive officer Meg O’Neill said the Trion project offshore Mexico is now 35% complete. 6, 2023 ; Jan. The FPU and FSO installation contract with SBM Offshore ( OGJ Online, Aug. The service provider said in a July 28 release. 30, 2025 ).

Exploration and Production

Rigzone

JUNE 6, 2025

Project Greensand is the first of its kind to demonstrate that captured CO2 can be transported cross-border and stored offshore, according to INEOS. It had its demonstration March 2023 when it injected CO2 transported from Belgium into the Nini field on Denmark’s side of the North Sea.

Transportation

Rigzone

JUNE 30, 2025

Image by Andrzej Rostek via iStock SLB said it was awarded an engineering, procurement and construction (EPC) contract by Equinor for the OneSubsea joint venture related to a carbon dioxide (CO2) subsea injection system for the Northern Lights phase two project offshore Norway. Financial terms were not disclosed.

Control Systems

Oil & Gas 360º

JUNE 11, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.

Energy

Oil & Gas 360º

JULY 23, 2025

With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.

Energy

Oilfield Technology

JULY 28, 2025

Based on Bureau of Land Management data for fiscal years 2020 through 2023, activity in New Mexico accounted for the majority of drilling permits approved and well bores started on onshore federal lands. By comparison, crude oil production in offshore federal lands has increased at a slower rate but at 1.8 million bpd in 2008 to 13.2

Crude Oil

Rigzone

JUNE 19, 2025

License EXL014 covers blocks 8/5, 8/6, 8/8, 8/9, 8/12, 9/7 and 9/10 on Norway’s side of the North Sea, according to a work program published online by the Norwegian Offshore Directorate. Well 9/6-1 is the first well drilled in EXL006, awarded May 2023. miles) southeast of the Yme platform.

Oil

Oil & Gas Journal

JULY 25, 2025

link] [link] [link] Affiliated Brands OFFSHORE ENERGYTECH MICROGRID KNOWLEDGE OGJ RESEARCH About Us Advertise Do Not Sell or Share Privacy Policy Terms & Conditions © 2025 All rights reserved. The large withdrawals contributed to 30-day historical volatility increasing to 102% on Feb. 7, 2025, reaching a low of 1,698 bcf.

Natural Gas

McKinsey

JULY 29, 2025

McKinsey analysis suggests that in a midrange scenario, demand for AI-ready data center capacity will rise at an average rate of 33 percent per year between 2023 and 2030. These sources include offshore wind , nuclear, geothermal , gas, carbon capture and storage , and clean fuels. Transmission and distribution investments.

Telecommunication

Rigzone

JUNE 30, 2025

Image by nielubieklonu via iStock TotalEnergies SE said it has signed an agreement to acquire the 25 percent interest held by Spanish integrated energy firm Moeve, formerly known as CESPA, in Block 53 offshore Suriname. The interest is held by CEPSA Suriname S.L., an affiliate of Moeve. miles (150 kilometers) off the Surinamese coast.

Exploration and Production

Rigzone

JUNE 13, 2025

The goal is to develop up to 10 gigawatts capacity of ready-to-build status projects by the early 2030s” In August 2023 Uniper announced plans to invest over EUR 8 billion through 2030 in decarbonization efforts. Uniper aims to connect the projects, which received approval from local planning authorities in 2023, to the grid next year.

Exploration and Production

Rigzone

JULY 25, 2025

In a statement posted on its website on July 18, Chevron announced that it had completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess’ offshore Guyana asset. Of this figure, 1,585 were based in the U.S.

Oil

Oil & Gas Journal

JULY 25, 2025

Related In 2023, when Chevron announced its plan to acquire Hess, the company noted an overall plan to divest $10-15 billion in assets through 2028. The block includes several discovered gas fields and currently produces 600 MMscfd, equally distributed to Thailand and Malaysia. He is a member of the Society of Petroleum Engineers (SPE).

Exploration and Appraisal

OilPrice

APRIL 19, 2025

is already a world leader in wind energy, having rapidly expanded both its onshore and offshore wind capacity over the last decade. hopes to expand its wind power sector even further through the massive expansion of the Rampion offshore wind farm. In 2023, 46.4 Now, under the new Labour government, the U.K.

Energy

POWER Magazine

APRIL 16, 2024

A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the […] The post Group Says Record 117 GW of New Wind Power Generation Installed in 2023 appeared first on POWER Magazine.

Energy

OilPrice

MARCH 27, 2025

CNOOC, which specializes in offshore oil and gas developments in China and internationally, booked a net profit of $19 billion (137.9 compared to 2023. billion Chinese yuan) for 2024, up by 11.4% from a year earlier, as production hit another record high last year. CNOOCs net oil and gas production was 726.8

Gas

Oil & Gas 360º

APRIL 28, 2025

Oil and Gas 360 April 28, 2023 For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI is pleased to announce it is hosting its Oil & Gas Property Evaluation Seminar in Dallas this year with a two-day session on May 1-2, 2023.

Gas

POWER Magazine

FEBRUARY 19, 2024

Installations of new solar power generation capacity this year are expected to nearly double the amount that was built in 2023, according to the U.S. Energy Information Administration (EIA). The […] The post EIA: Solar Will Surge in 2024, Account for More Than Half of New U.S. Capacity appeared first on POWER Magazine.

Energy

Oil & Gas Journal

APRIL 2, 2025

Judge Amit Mehta of the US District Courts DC Circuit found that the BOEM violated the National Environmental Policy Act by improperly evaluating Lease Sale 259s effects on the endangered Rices whale and greenhouse gas emissions from new drilling.

Offshore

Energy Central

JUNE 28, 2023

Offshore Hydrogen Production on a New Scale: HOPE Project and its Consortium Selected for a €20 Million European Commission Grant Published the 27/06/2023 The HOPE (Hydrogen Offshore Production for Europe) project is being coordinated by Lhyfe (France) and implemented by eight European partners: Alfa Laval (Denmark), Plug (the.

Offshore

NGT News

MAY 27, 2020

Moller – Maersk, DSV Panalpina, DFDS, SAS and Ørsted have entered a partnership with the goal of developing a hydrogen and e-fuel production facility by as soon as 2023. Copenhagen Airports, A.P. The post Danish Companies Partner on Sustainable Fuel Project appeared first on NGT News.

Sustainability

The Energy Law

NOVEMBER 28, 2022

The two bureaus stated their focus for fiscal year (FY) 2022 would be on the development of regulations to address the IIJA requirement; accordingly, both BOEM and BSEE have budgeted funds for FY 2023 to develop such a framework. In the meantime, more questions than answers remain regarding the regulatory framework for offshore CCS.

Offshore

The Energy Law

AUGUST 31, 2023

Bureau of Ocean Energy Management (BOEM) held its long-anticipated offshore wind lease sale for the federal Outer Continental Shelf (OCS) in the Gulf of Mexico (GOM) on Tuesday, August 29, 2023. million winning bid for the lease area offshore Louisiana, submitted by the provisional winner, RWE Offshore US Gulf, LLC (RWE).

Offshore

The Energy Law

JUNE 22, 2023

On May 25, 2023, the Nation’s first U.S.-built built offshore wind substation departed from a Texas fabrication facility where Danish multinational energy company, Ørsted, and domestic energy provider, Eversource, partnered to build the revolutionary vessel. the largest U.S. the largest U.S. 1331 et seq. back in 2021.

Offshore

Oil Gas Leads

APRIL 14, 2025

According to the latest Baker Hughes report, oil rigs experienced the steepest single-week decline since June 2023, falling by nine to 480. April 14, 2025 The U.S. oil and gas sector faced a notable setback this week as the national rig count dropped by seven, bringing the total to 583 active rigsthe lowest level since early 2022.

Oil

The Energy Law

MAY 24, 2023

On May 17, 2023, the United States District Court for the District of Massachusetts dismissed plaintiffs’ challenges to the Vineyard Wind Project—the United States’s first major offshore wind project. United States Department of the Interior , 1:21-cv-11091-IT; and Responsible Offshore Development Alliance v.

Offshore