OMV Petrom’s Black Sea Well Fails to Find Significant Gas Volumes

Ukraine Looks to Partner With Romania to Develop Black Sea Gas Discovery

Ukraine's Naftogaz, which discovered 'substantial' offshore gas reserves in the Black Sea before Russia's invasion, is in talks with Romania's OMV Petrom to form a partnership relating to the field…

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Kent Awarded FEED Contract for Prinos Carbon Storage Project

Kent has been selected by EnEarth, to perform the front end engineering design (FEED) for the Prinos CO₂ Storage Project in Northern Greece.Kent will develop the…

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BP Wins US Approval for Kaskida Project

British energy major BP has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters…

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Additional LNG Exports from Plaquemines LNG Approved

U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG Terminal in Louisiana.The authorization…

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EU Doesn’t See Risks to Oil and Gas Supply Yet

In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation…

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Revolution Wind Now Delivering Power to New England

Revolution Wind, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, started delivering power to New England's electric grid on March 14…

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US Officials Predict Quick End to Iran War

U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow…

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Breaking the Ice: How a Space-Based Initiative is Solving a Maritime Challenge

This winter, ice on the Great Lakes is expected to impact a maritime economy valued at $35 billion. The wealth of data provided by space-based assets offers a potential lifeline for navigating

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Louis Dreyfus Company Appoints Landerretche CFO

Louis Dreyfus Company B.V. (LDC) appointed Sébastien Landerretche as the Group’s Chief Financial Officer (CFO), effective March 18 and based in Switzerland.Landerretche joined the Group in 2004…

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Offshore Service Vessels: A Measured Market Recovery

The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks…

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OneSubsea Moves to Acquire Norway’s Envirex Subsea Business

OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has entered into an agreement to acquire the subsea business of Norway-based Envirex Group.The acquisition is expected to add Envirex’s specialized technologies

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Maersk Offshore Names New WTIV Ahead of US Offshore Wind Deployment

Maersk Offshore Wind has officially christened its new Seatrium-built wind turbine installation vessel (WTIV) Maersk Viridis, marking the entry of the first vessel…