![opec[1].jpg](https://finanswatch.dk/incoming/article10508498.ece/ALTERNATES/e/opec%5B1%5D.jpg)
The Dutch-British oil major is reportedly interested in buying West Texas-based Endeavor Energy, as the latter's valuation declines amid complicated terms of sale and talk of a public listing in 2019.
Several North Sea oil players warn about about a small new player using a complicated financial maneuver to become Denmark's second-largest oil actor. There is no cause for concern, the company says.
The world's biggest buyers of liquefied natural gas could quadruple demand by 2030, predicts consultancy company Wood Mackenzie in new report. Especially one country contributes to the growth.
The former growth comet shows higher revenue and operating income in the year's third quarter, but big interest payments on its debt keep the company's bottom line in red.
Norwegian oil and gas operator DNO makes its second bid for Faroe Petroleum. This time, the former baits the latter's management with a handsome premium of GBP 50 million but in the same breath criticizes the very same management for having "jettisoned a crown jewel asset" in a swap deal with Equinor.
The two countries are close to resuming oil production in the disputed "neutral zone" after the US has brokered an agreement between the two states.
The coming months will bring a new struggle for the Norwegian offshore shipping companies, says Harald Solberg, CEO of the Norwegian Shipowners' Association, in an interview with EnergyWatch's sister media, ShippingWatch. "There is significant imbalance in the supply chain," he says.
West Mira will become the world's first offshore drilling rig to utilize onboard batteries, reducing CO2 emissions and cutting fuel consumption, says Siemens, the purveyor of the technology.
The Bulgarian government joins the Russian gas industry and has decided to construct a DKK 10 billion (EUR 1.34 billion) pipeline bypassing Ukraine.
A tough few months lie ahead for offshore vessels on top of the fact that many do not have contracts, says brokerage firm Lorentzen & Stemoco, according to Norwegian media Sysla.
Atlantic Petroleum has been warned by the disciplinary committee of the Nasdaq exchange in Copenhagen.
Norwegian authorities have cleared Equinor's investment plan for North Sea oil field Troll, which is worth almost USD 1 billion.
The US oil major presents a new budget for USD 20 billion mostly earmarked for exploration in connection with new projects.
"Not everybody is ready to cut equally. Russia is not ready for a substantial cut," says Saudi Arabia's oil minister about the talks.
OPEC and Russia are close to reaching a deal on reducing oil production, reports Financial Times, defying Trump's wishes.
Besides providing drilling services, Maersk Drilling will also coordinate and plan drilling on 12 offshore wells.
Maersk Supply Service has nabbed its new CFO from salvage company Svitzer.
According to the agreement, Maersk Drilling will provide drilling rigs and manage drilling operations at a total of 12 offshore wells.
European asset managers -- including several from Sweden -- are overexposed to coal and oil, according to a recent survey from WWF. New analytical methods are gaining a foothold, and could potentially contribute to new investment strategies in future.
Saudi Arabian energy minister Khalid al-Falih says all OPEC members will need to meet before any production cuts can be put on the table.
An oil company with a large refinery in Houston is mentioned as supplier in a new case about contaminated bunker in which shipping company Chembulk experienced problems. This marks the first time that a refinery is mentioned in one of the many cases.
Qatar said it will leave OPEC next month in a move that threatens to fracture the group's unity just as it tries to maintain a global coalition to control the oil market.
The Trump administration could allow a first-in-a-generation seismic search for oil and gas under Atlantic waters despite environmental concerns.
Endofa's ambitions to build a global bunker company ended up in animosity and a sentence against a partner for providing misleading information about oil trades in Angola. But it was an outsider who set the case rolling. Based on witness testimony, ShippingWatch tells the story.
Nigeria may have been defrauded of up to USD 6 billion in future revenues in connection with an agreement the country entered with oil majors Shell and Eni, according to a new analysis from NGO Global Witness. Both companies face bribery changes.
Legal special- or chief consultant for transverse tasks and regulation of energy infrastructure - Forsyningstilsynet
Research analyst - Navigare Capital
IT-Chief - EnergiFyn
Cooperative Engineer - Connecting the power plant of the future - Energinet
Wind energy specialist - COWI
Procurement Consultant for the Purchasing Function - Energi Fyn
Head of department focusing on risk management and preparedness for supply-critical energy infrastructure - Energinet
