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Woodside to run North West Shelf LNG Plant to 2070

May 28, 2025

Australia conditionally approved on Wednesday a request by Woodside Energy to extend until 2070 the life of its North West Shelf gas plant, following a six-year review dogged by delays, appeals and backlash from green groups.The facility on the Burrup peninsula in Western Australia is the country's oldest and largest liquefied natural gas plant and a key supplier to Asian markets, but concerns that its emissions could imperil ancient rock art held up a decision…

Siemens Gamesa Talks European Production with Chinese Rare Earth Suppliers

Jun 26, 2025

Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China…

Sierra Leone Awaits Seismic Survey Results Ahead of Possible Oil and Gas Round

Jun 26, 2025

Sierra Leone will wait for the results of a recently-launched offshore 3D seismic survey, its first in over a decade, ahead of potentially opening its next oil and gas licensing round later this year, a senior government official said on Thursday…

Orsted Favors Increasing Investments in Taiwan, South Korea

Jun 16, 2025

Orsted, the world's biggest offshore wind developer, will increase investment in Taiwan and South Korea where it has already been awarded projects, instead of expanding to new markets in Asia, a senior company official told Reuters on Monday…

DOF Scoops $480M in New Vessel Contracts with Petrobras

May 20, 2025

Norwegian offshore supply vessel owner DOF Group has secured four long-term charter and service contracts with Petrobras for its anchor handling tug supply (AHTS) vessels, worth approximately $480 million.As part of the new contracts, Skandi Iguaçu…

Strategic Marine Delivers Second Hybrid Fast Crew Boat to Malaysian Operator

May 13, 2025

Centus Marine, a Malaysian operator of fast crew boats, has taken delivery of the second hybrid fast crew boat (FCB) from the Singaporean shipbuilder Strategic Marine.The vessel, named Centus Alesha, features Strategic Marine’s hybrid propulsion system…

Norway Puts 76 Offshore Oil and Gas Block on Offer

May 09, 2025

Norway offered 76 new blocks to explore for oil and gas in the Norwegian Sea and the Barents Sea on Friday in a so-called APA licensing round, an annual event awarding acreage in mature parts of the continental shelf, the energy ministry said…

Petrobras Seeks Foreign Partnerships with Brazilian Shipyards

May 06, 2025

Brazil's Petrobras is looking to attract foreign investments to boost local shipyards, said the state-run oil firm's CEO Magda Chambriard on Tuesday.Petrobras is looking for strong companies to partner with shipyards to build more ships locally…

Chevron’s First Quarter Earnings Meet Wall Street Profit Estimates

May 02, 2025

Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share repurchases in the current quarter, reflecting the shaky economic outlook faced by Big Oil.The company's share repurchases this year could be between $11…

ScottishPower's Monopile Installation Sets Foundation for Record-Breaking Offshore Windfarm

Apr 25, 2025

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…

India Mulls Cutting US LNG Import Tax

Mar 28, 2025

India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.The…

MI-based Vestas Wind Techs Unionize

Mar 06, 2025

Michigan-based wind technicians who perform operations and maintenance on Vestas turbines voted to unionize and become members of the Utility Workers Union of America (UWUA), AFL-CIO. The election marks the first Vestas wind technicians in North American to unionize…

Industry: 'Unviable Business Case' to Blame for Denmark's OW Tender Failure

Feb 28, 2025

The Danish Energy Agency has published a memo with the results of the market dialogue conducted to investigate the background for the failure of the 3 GW offshore wind procurement in the North Sea.The overall purpose of the market dialogue has…

Staatsolie Looks to Secure $1.5B to Join GranMorgu Project Off Suriname

Feb 24, 2025

Suriname's Staatsolie needs to secure an unprecedented $1.5 billion in bank financing this year to ensure it can participate in the country's Gran Morgu energy project, the head of the state-owned company told Reuters.The project, led by TotalEnergies…

Norway Forecasts Record Oil and Gas Investment Year

Feb 13, 2025

Norwegian oil and gas investments this year will exceed the record levels of 2024, driven by a flurry of development projects, a national statistics office (SSB) industry survey showed on Thursday.The country's biggest business sector forecast investment of 253…

Current News

Iberdrola Picks Up $4.9B to Finance 1.4GW UK Offshore Wind Farm

Iberdrola Picks Up $4.9B to Fi

Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

Perenco Brings Woodside’s Trin

Vallourec Brings CNOOC, Petrochina as New Clients in Iraq

Vallourec Brings CNOOC, Petroc

Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

Germany’s SEFE Inks Three-Year

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