Chinese national oil company CNOOC said Sunday it had made a large oil and gas discovery Bozhong 13-2 in Bohai Bay.CNOOC said that the Bozhong 13-2 structure was located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of about 23…
EDF Group, Enbridge, and wpd on Monday announced the launch of construction activity on the Calvados offshore wind farm (Courseulles-sur-Mer) in France.The announcement follows the finalization of financing agreements between the consortium and its financial partners…
Russian Deputy Prime Minister Alexander Novak said on Friday the government has been working on some support measures for the oil producing industry, including changes in taxation, following last year's decision to hike taxes.The government…
The chief executive of Brazil's state-led oil company Petrobras is trying to fight off President Jair Bolsonaro's bid to oust him over his insistence on raising gasoline prices in line with international market hikes, two sources with direct knowledge of the matter told Reuters on Friday…
Italian energy group Eni on Friday raised its ambition to cut greenhouse gas emissions, vowing to become net carbon neutral by 2050, as it seeks to keep up pace in an industry under pressure from investors to go green.Like its peers, Eni is…
Credit: phi771/AdobeStockEmployment in the oil and gas sector, despite some expected uptick, will never return to its heydays of a few years ago, but offshore wind, however, will be 'the new hiring haven for energy jobs,' especially in the turbine making segment…
Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. Siem Offshore said that the project will utilize the offshore construction vessel 'Siem Barracuda'…
Italian energy group Eni beat expectations by swinging into a profit in the fourth quarter thanks to firmer oil prices, after posting a loss for the full-year 2020 when demand plunged because of the coronavirus crisis.Eni said it recorded an adjusted net profit in the fourth quarter of 0…
Malaysian national oil and gas company Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia bid round 2021 launch on February 26, 2021. Also included, Petronas said, are six discovered fields to incentivize…
AqualisBraemar LOC has entered into an agreement to acquire UK-based East Point Geo Limited to strengthen its geoscience offering within the oil and gas industry.East Point Geo is an independent geoscience consultancy providing support for offshore and onshore engineering projects…
Offshore wind developer Atlantic Shores Offshore Wind - a U.S. joint venture between Shell and EDF, has signed a memorandum of understanding (MOU) with six unions operating in New Jersey as part of its bid submission, 'committing to help develop and employ a productive…
Italy's Saipem and renewable energy companies AGNES and Qint’x have applied for permits to develop one of the world's biggest offshore clean energy hubs, to generate wind and solar power and produce green hydrogen, Saipem said on Thursday.The…
Borssele III & IV, one of the largest offshore wind farms in the Dutch sector of the North Sea, has reached full commissioning, Van Oord a partner in the Blauwwind consortium behind the 731.5 MW wind farm's development, said Thursday.Blauwwind is a consortium between Shell…
Oil and gas company Chrysaor has spudded the Jerv exploration well in the North Sea, offshore Norway, OKEA, a partner in the production license PL973 where the well is located, said Thursday.Chrysaor started drilling at the well formally known as well 15/12-25 on Thursday…
Spanish energy group Repsol posted on Thursday forecast-beating fourth-quarter adjusted income, pushing its shares up even though write-downs on the value of oil and gas assets dragged it to a second consecutive annual net loss. Curbs on mobility…
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