Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration helps bolster efforts to unlock the next generation of supply. The post Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects appeared first on Offshore Energy.

Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well […] The post 18 companies secure a share of €1.56 billion as Equinor extends key agreements appeared first on Offshore Energy.

Australian energy giant Woodside has received a blessing for its environmental plan (EP) from the country’s offshore regulator for permanent plug and abandonment (P&A) of multiple subsea exploration wells off the coast of Australia. The post Woodside in the clear for plug & abandonment ops offshore Australia appeared first on Offshore Energy.

Menter Môn Morlais has secured regulatory approval to deploy different types of tidal technology […] The post Marine license variation ‘opens door to further innovation’ at Morlais tidal energy scheme appeared first on Offshore Energy.

Given the supply shock that hit the global liquefied natural gas (LNG) markets as a result of the Middle East conflict, Wood Mackenzie, an energy intelligence group, has pointed out that this disruption, which led to a gas price surge, failed to rattle Europe thanks to its investment in diversified fuels that acted as a shield, insulating it from the Gulf LNG export pause. The post Gulf LNG export woes push gas prices up but diversification becomes Europe’s energy lifeline appeared first on Offshore Energy.

Italy-headquartered Next Geosolutions (NextGeo) has exercised the call option to acquire a further circa […] The post NextGeo ups its stake in Rana Subsea to 82.5% appeared first on Offshore Energy.

EnBW has awarded framework agreements for subsea inspection services across its offshore wind fleet […] The post EnBW awards offshore wind subsea inspection contracts to RS Diving appeared first on Offshore Energy.

As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2050. The post Oil & gas firms step up exploration game to tackle supply shortfall by 2050 appeared first on Offshore Energy.

Hong Kong-headquartered Venture Energy Limited, focused on the procurement and trading of clean fuels, […] The post Recently established green methanol collaboration broadens its scope appeared first on Offshore Energy.

Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS). The post Probe into offshore rig incident uncovers serious breaches appeared first on Offshore Energy.