Coatings manufacturer Hempel has completed the acquisition of Wattyl Australia and New Zealand, increasing its footprint in Australia and New Zealand.On 18 February 2021, Hempel A/S signed an agreement to acquire leading paint and coatings manufacturer…
Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil's Romanian subsidiary holding a share in an offshore block in the Black Sea.ExxonMobil Exploration and Production Romania Limited holds a 50 percent stake in the XIX Neptun Deep Block in the Black Sea…
Japan's JERA has opened an office in the city of Akita as a base for offshore wind projects off the coast of Akita Prefecture, Japan.Favorable wind conditions along the Japan Sea from Hokkaido to Tohoku make it a promising area with many locations suitable for offshore wind power generation…
U.S. crude oil production fell to 11.08 million barrels per day in January, from a revised 11.101 million bpd in December, according to a monthly report from the Energy Information Administration on Wednesday.Crude output for January, the latest monthly data available…
Offshore wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has received its first firm order for its giant 14MW offshore wind turbine.The order, from RWE, is for the supply of 100 units of its 14MW SG 14-222 DD offshore wind turbine…
Israel's Delek Group on Wednesday reported a record profit in the fourth quarter on strong revenue and a boost in the value of its North Sea unit Ithaca.Net profit rose to about 1.1 billion shekels ($330 million) for the October-December quarter…
Energy giant Shell has taken over full control over the Egmond aan Zee offshore wind farm in the Netherlands, buying out Vattenfall from the NoordzeeWind joint venture.Offshore wind farm Egmond aan Zee started operating in 2007, supplying electricity to more than 100…
After several delays, Southeast Asia-focused oil and gas company KrisEnergy has completed the farm-out of its entire 100% working interest in Block 115/09 offshore Vietnam.KrisEnergy had in February 2020 said it had struck a deal with an unnamed…
Denmark's Ørsted plans to develop an offshore wind farm and adjacent hydrogen plant at the North Sea Port straddling the Dutch-Belgian border, the company said on Wednesday.The wind farm would have capacity to produce 2 gigawatts of electricity and would power the 1-gigawatt hydrogen plant…
Dutch-based offshore gangway specialist Ampelmann has said it has recently secured five contracts covering eight projects in the Asia Pacific. Five of the eight are in the renewables space.'All contracts were signed in Q1 of 2021 and consist…
The merger of Chrysaor and Premier Oil is due to complete on Wednesday, creating Harbour Energy, the UK North Sea's biggest oil and gas producer, which will replace Premier's stock exchange listing from Thursday, Premier said.The reverse takeover of Chrysaor by Premier Oil…
Ocean Sun, a Norway-based developer of floating solar technology, has signed an agreement with MP Quantum Group to deploy Ocean Sun's floating solar solution in Greece and Cyprus.Børge Bjørneklett, CEO and founder of Ocean Sun said: “We are…
Shortly before taking office late in 2018, President Andres Manuel Lopez Obrador vowed to boost crude oil production at Mexican giant Pemex by nearly half, following more than a dozen years of decline.The ambitious goal of increasing the state-run company's oil output from 1…
Robots could replace hundreds of thousands of oil and gas jobs globally and reduce drilling labor costs by several billion dollars by 2030, if there is an industry push for such a transition, Rystad Energy has found.'Even when the Covid-19 downturn is finally past us…
Qatar Petroleum said Tuesday it wouldn't be renewing its Qatargas 1 LNG joint venture with Total, ExxonMobil, Marubeni, and Mitsui.Upon the expiry of the relevant joint venture agreements on December 31, 2021, Qatar Petroleum will become the sole owner of 100% of the Qatargas assets and facilities…