A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday. The agreement is Azule ...

Oslo-listed FPSO leasing company BW Offshore has completed the sale of its laid-up FPSO Polvo to BW Energy. The agreed price was $50 million, for which BW Energy $30 million upon the vessel transfer ...

The North Sea Transition Authority (NSTA) has offered further 31 exploration licenses in the latest phase of the U.K.'s 33rd oil and gas licensing round. A total of 82 offers to 50 companies have now ...

Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit ...

The Australian government has granted a feasibility license for Ørsted’s first offshore wind project in Australia and intends ...

Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Funds, has been awarded two licenses for the development ...

Floating production solutions specialist Amplus Energy and Nigeria-based Versatile Group (VG Energy) have set up a joint ...

Equinor has signed a long-term deal with engineering companies to help drive down the cost of developing two offshore oil ...

Mainstream Renewable Power, as part of the Gippsland Skies Offshore Wind consortium, has secured a feasibility license from ...

Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and ...

Cyprus said on Thursday it wanted to see improvements to Chevron-led plans to extract gas from an offshore field, giving the ...

MODEC and JGC Corporation have completed a project to measure and quantify emissions of methane and other greenhouse gases ...