(WO) – Equinor has again made an oil and gas discovery near the Troll field in the North Sea. This is Equinor's eighth discovery in the area since 2019. The volumes are estimated at between 24 and 84 MMboe, with slightly more oil than gas. Named Heisenberg, the oil and gas discovery well was drilled by the Deepsea Stavanger drilling rig. Eq...

(WO) —There was no shortage of clean energy sessions at CERAWeek by S&P Global 2023. While much of the conference was dominated by oil and gas companies, Thursday’s session, entitled “U.S. offshore wind: Surging power,” informed attendees of the emerging opportunities that offshore wind in the U.S. has to offer. Moderated by S&P Globa...

(Bloomberg) – Oil prices slid and volatility surged as traders fled risk and tried to come to grips with how the biggest U.S. bank collapse since 2008 would reverberate through the economy. Brent, the global benchmark, fell below $80 for the first time since early February as investors fled risk assets and poured into safer bets but recover...

(WO) –Louisiana-based energy services company Danos has acquired Wood’s offshore labor supply Gulf of Mexico operations. “We have been in the people business for 76 years,” said Eric Danos, CEO of Danos Ventures. “Providing highly skilled personnel to build, maintain and operate our customers’ assets safely is what we do. And we�...