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TotalEnergies has promised that commissioning of the long-awaited Absheron offshore gas development in Azerbaijan’s deep-water sector of the Caspian Sea will happen in a matter of weeks. Speaking at an energy conference in the country’s capital of Baku on Thursday, TotalEnergies senior vice president for European exploration and production Jean-Luc …

Concerns around security of energy supplies triggered by the disruption of energy markets in the wake of Russia’s invasion of Ukraine are expected to drive a one-third increase in global renewable power capacity this year, according to the International Energy Agency (IEA). Global renewables additions are set to soar by …

Helge Hammer has lately taken a keen interest in Japan. The chief executive of Norwegian offshore exploration company Longboat Energy has become a fan since Longboat agreed a transformative deal with oil and gas major Japan Production Exploration (Japex) that will see the two companies join forces in Norway. The …

Netherlands contractor Boskalis has won the contract to remove and recycle Velesto Energy’s rig that capsized offshore Malaysia in May 2021 just as it was about to begin a drilling campaign for US major ConocoPhillips. Boskalis Malaysia will remove and recycle Velesto’s jack-up Naga 7, which suffered a punch through …

Abu Dhabi National Oil Company (Adnoc) has signed agreements with more than 60 domestic and international companies for local manufacturing opportunities across multiple industrial products. Confirming the awards on Wednesday, Adnoc said the agreements bring the company closer to its target to locally manufacture 70 billion dirhams ($19 billion) worth …

Chinese seismic giant BGP has won multiple multibillion-dollar deals from Saudi Arabia’s state-owned Saudi Aramco to conduct onshore and offshore seismic surveys in Saudi Arabia, claimed by sources as the world’s largest such deals by value. Increased exploration and expansion projects in the Middle East have seen scaled up activities …

Russian authorities reported two new night-time attacks against oil refineries that are seen as key regional suppliers of fuel to planes and vehicles conducting the war in Ukraine. Based on surveillance videocam footage published on Russian social networks, the first attack occurred at 3am local time on Wednesday at the …

Ben Lawers wildcat was a disappointment, but UK offshore is set to host more exploration probes

Indian giant aims to charter FSO for up to 15 years for west coast asset

Malaysia’s Hibiscus Petroleum is planning before end-September to bring on stream its April 2023 Bunga Lavatera discovery on Block PM3 CAA production sharing contract in the Malaysia-Vietnam commercial arrangement area. Hibiscus delivered with its Bunga Lavatera-1 wildcat, which was drilled from its Bunga Pakma A platform. The well, which was …