Angola’s state oil giant Sonangol will next year accelerate reforms and efforts to raise revenue after the pandemic drained investor interest in an asset sale that has so far netted only around $60 million, its CEO told Reuters in a rare interview…
A fire at Norway's Tjeldbergodden industrial facility on Wednesday triggered an evacuation of staff and the shutdown of Europe's largest methanol plant and a gas processing terminal, state-controlled oil firm Equinor said.A photo published by…
Offshore wind turbine maker MHI Vestas Offshore Wind has awarded a contract to Siemens Energy for the delivery of 114 low-loss 66kV distribution transformers for the giant 1,075 megawatts (MW) Seagreen offshore wind farm in Scotland. The fluid…
Malaysian company Uzma has, through its subsidiary Setegap Ventures Petroleum (SVP), won a well services contract with the Malaysian oil firm SEA Hibiscus, a subsidiary of Hibiscus Petroleum.Uzma said that the work order was part of a Pan Malaysia…
OPEC and Russia have moved closer to a compromise over oil supply policy for 2021 after talks earlier this week failed to yield a decision on how to tackle weak oil demand amid a second coronavirus wave, OPEC+ sources told Reuters.The Organization of the Petroleum Exporting Countries…
Old offshore oil wells could be turned into geothermal energy producers under a plan by a new consortium.The group, The Aquarius North Sea Geothermal Consortium, is “actively” working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms…
Australian oil and gas company Woodside, the operator of the offshore area in Senegal containing the Sangomar oil field development, has blocked India's ONGC from joining the project.To remind, FAR, Woodside's partner in the project, in November…
Norwegian energy giant Equinor and Trondheim-based independent research organization SINTEF, have signed collaboration agreements in the areas of offshore wind, marine systems, energy systems and modeling studies related to these areas.'The…
The sale of a Nigerian oilfield to Eni and Royal Dutch Shell was legally 'perfect' and there was no proof of any corruption, a lawyer for former Nigerian oil minister Dan Etete said on Wednesday.Antonio Secci told a Milan court that prosecutors…
Norway's Safe labor union has come to an agreement with employers over wages and other conditions at oil service companies, it said on Thursday, preventing a strike among workers.The bargaining covered drillers, well service crews, and other workers at oil industry subcontractors Schlumberger…
Australian oil company Triangle Energy has restarted production from its CH-7 well at the Cliff Head offshore oil field in the Perth Basin, Australia.The company in October said it had begun operations to bring back online two wells at the Cliff head offshore field…
Aker Carbon Capture and MAN Energy Solutions have entered into technology cooperation to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with heat recovery. 'The agreement supports the companies’…
Andreas Nauen, CEO of wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE), has been elected Chair of WindEurope for the next 18 months.The European wind energy associations said Nauens appointment came a critical juncture for the wind industry…
A consortium led by French information technology company Atos has been selected by Iberdrola's Ailes Marines to implement mission-critical communications solutions and ensure marine coordination activities for the 496 MW Bay of Saint Brieuc offshore wind farm project in France…
An amphibious robot called iFROG capable of working in teams to clean and inspect monopiles above water level and up to 60 meters below (~6 bar), has successfully completed trials at the Offshore Renewable Energy (ORE) Catapult’s National Renewable Energy Centre in Blyth…
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