The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 tonnes of CO2 in a former oil field over a four-month period. INEOS E&P and Wintershall Dea have been granted permission to begin a time- an
Sval Energi has received consent from Norway’s regulator to use the facilities on a North Sea field off Norway beyond their original lifespan.
Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.
French tidal energy developer Sabella has verified the power production curve of its D10 turbine through a certification issued by the classification group Bureau Veritas.
The Full Federal Court of Australia has dismissed the appeal from a decision brought in September that set aside NOPSEMA’s approval of the environment plan (EP) covering drilling activities for Santos’ Barossa gas field located offshore Australia. In an attempt to block Santos from developing Baross
Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he
A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.
SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.
Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.
Earthjustice has urged Biden to put a stop to new drilling and ongoing fossil fuel extraction on U.S. federal lands and offshore territories.
Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.
Norwegian tanker shipping heavyweight Frontline is poised to have exhaust gas cleaning systems installed on over half of its fleet of over 70 ships. The company’s owned fleet included 37 scrubber-fitted vessels at the end of the third quarter of 2022, including 15 VLCCs, 19 Suezmax tankers and three
Petrobras has received almost $2 billion from CNOOC, which the Chinese firm paid to acquire an additional interest in the Búzios field.
After two days of doing business, networking, celebrating innovation, and making new connections and collaborations, the 15th edition of Offshore Energy Exhibition & Conference (OEEC) can look back at a successful and inspiring event. The event brought together over 400 exhibitors and more than 6,50
