Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields, according to three sources.Azerbaijan's…
International energy consultancy Penspen has underlined its long-term commitment to the north-east of Scotland by opening a new office in Aberdeen. The move to Balmoral Business Park in Altens marks a milestone in the company’s regional growth…
Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil…
A new report from Wood Mackenzie, 'Trading cases: Tariff scenarios for taxing times', presents three futures for the global energy landscape, highlighting the far-reaching implications of ongoing trade tensions for the energy and natural resources sectors…
Kuwait and Saudi Arabia have made a new oil discovery in the Neutral Zone, which contains jointly operated oil fields between the two countries, Saudi state news agency (SPA) reported, citing a joint announcement.It is the first discovery since…
Equinor has extended a partial outage at Norway's Troll natural gas field until May 31 due to a compressor failure, the company said in a regulatory filing on Monday, pushing European gas prices higher.Norway in 2022 overtook Russia as Europe's…
With targets to deliver 50GW of offshore wind by 2030, and growing momentum in tidal, wave and floating solar, the UK’s Clean Power 2030 Action Plan sets out a bold vision. But this transition is far from straightforward. The industry is facing…
National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates.Its shares rose 2% to 1…
Green Marine UK is poised for growth as one of the most experienced players in the UK’s rapidly expanding marine energy sector, as studies underscore the potential of wave and tidal technologies.With a track record delivering complex marine operations…
InterMoor, a provider of mooring services and a brand in Acteon’s Moorings and Anchors Business Line, announced the successful completion of multiple study packages for the planning, installation, operations, and maintenance of a commercial-scale floating windfarm in the United Kingdom…
Brazilian state-run energy giant Petrobras seeks to attract fresh Chinese investments to Brazil's oil and gas sector, especially in the naval sector, it said on Tuesday, as Chief Executive Magda Chambriard visits the Asian country.Chambriard and President Luiz Inacio Lula da Silva's chief of staff…
The offshore construction program for ScottishPower’s biggest-ever renewables project is officially underway with the installation of the first foundation for the green energy company’s USD$5.3 billion (£4 billion) East Anglia THREE offshore windfarm…
The Arab Shipbuilding and Repair Yard Company (ASRY) has signed a memorandum of Understanding (MoU) with AtkinsRéalis, an engineering services company with capabilities in the net zero energy sector. The signing took place earlier this April…
Eco Wave Power, an onshore wave energy technology company, announced the signing of a manufacturing agreement with All-Ways Metal, for the production of floaters for its wave energy project in the Port of Los Angeles. This marks a milestone in the development of Eco Wave Power's first-ever U…
