The U.K. has granted development consent for the 1.5 GW Morgan offshore wind farm, being developed jointly by JERA Nex bp and and Germany’s EnBW in the Irish Sea.The project is expected to generate enough electricity to power around 1.5 million homes once its 96 turbines become operational…
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador in Canada…
Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday.The deals, signed by the state-owned Egyptian Natural Gas Holding Company (EGAS)…
Norwegian oil and gas firm OKEA has entered into an agreement with Harbour Energy Norge to farm-in to a 20% working interest in Alpehumle license, located north of Gjøa, offshore Norway.OKEA’s position in the greater Gjøa area is strengthened by the farm-in of Alpehumle…
Japan's government wants to re-auction three offshore wind sites abandoned by Mitsubishi-led groups as soon as possible, pending consent from local communities, a senior industry ministry official told Reuters.Trading house Mitsubishi Corp said…
Mitsubishi Corp said on Wednesday it would withdraw from three Japanese offshore wind power projects due to soaring costs, in a blow to the energy security goals of a country eager to reduce its dependence on imported fuel.A Mitsubishi-led consortia…
Industrial services provider Bilfinger has secured a contract to provide inspection services using Non-Destructive Testing (NDT) across all of BP’s North Sea assets.This contract follows the recent three-year extension of Bilfinger’s existing insulation…
EnQuest, together with its joint venture partners and the Government of Indonesia, has signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.Under the PSC terms, EnQuest has…
Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.The recoverable volume is estimated at 96–134 million barrels of oil equivalent (mmboe)…