Keppel Corp's offshore and marine (O&M) arm and smaller rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday.The companies had first announced…
Madrid-based Ocean Winds, a joint venture between EDPR and ENGIE, has ordered three Vestas wind turbines for its 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind pilot project it holds in partnership with the Banque des Territoires in France…
Norwegian oil and gas company OKEA has completed of the acquisition 2.223% working interest (WI) in the Ivar Aasen field from Neptune Energy.OKEA, which has a target of achieving production of 18,500 - 20,000 boe per day in 2022, paid $12 million…
Norwegian energy firm Equinor has awarded offshore installation company Havfram a contract to carry out a transport and installation study on the Firefly floating offshore wind project in South Korea.The Firefly project is an 800MW project and…
Norwegian offshore drilling company Odfjell Drilling has appointed Kjetil Gjersdal as its new CEO, following the company's split with its Odfjell Technology spin-off which started trading on the Oslo Stock Exchange on Tuesday.'With his 22 years’…
Westwood Global Energy Group (Westwood), an energy market research and consultancy firm, has appointed Teresa Wilkie to its RigLogix team as Research Director.The appointment marks Wilkie's return to Westwood after almost two years, which she spent with Bassoe Offshore / Esgian…
CNOOC, China's top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises energy security amid rising geopolitical risks…
UK-based company Sparrows Group, a provider of engineering and maintenance services for the energy industry, said Wednesday it had secured a three-year crane operations and maintenance services contract offshore Luanda, Angola.The agreement…
Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…
Dutch grid operator TenneT has this week installed the topside of the second offshore transformer platform built to serve Vattenfall's Hollandse Kust Zuid offshore wind farm in the Dutch North Sea.Following the installation of the first transformer platform…
OPEC Secretary General Mohammad Barkindo said OPEC+ participants should 'stay the course' regarding the group's decisions, ahead of an OPEC+ meeting on Thursday where the group is expected to stick to its existing deal of gradual output increases…
Energy major Shell has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel producer to cut its emissions faster in a landmark win for activists turning to courts to force climate action.While Shell had set itself a target to reach net zero carbon neutrality by 2050…
Shell has brought online its PowerNap project, a subsea development in the U.S. Gulf of Mexico with an expected production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a tie-back to the Shell-operated Olympus tension leg platform (TLP) in the prolific Mars Corridor…
Qatari national oil and gas company, QatarEnergy, has agreed with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.QatarEnergy will hold a 40% working interest in the contractor’s share in the North Marakia Offshore Block in the Mediterranean Sea…
Offshore wind installation company Cadeler said its 2021 revenue had tripled compared to 2020. The Danish firm also said it had returned to profitability.The revenue for 2021 totaled EUR 61 million, an increase of 212% against EUR 19.5 million in 2020…
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