Japanese power generator JERA said on Monday it has agreed with France's state-owned investment firm ADEME Investissement and French floating wind technology supplier Ideol on key terms for forming a joint venture to develop floating offshore wind farms…
Exxon Mobil Corp has restored crude output at its nascent project off Guyana's coast after addressing problems with gas reinjection equipment, the South American country's environmental regulator said on Friday.Output at the offshore Liza field…
China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions, marking China's first gas imports of this kind, said the Shanghai Oil and Gas Exchange.CNOOC…
Brazilian state-run oil firm Petrobras has kicked off a sale process for its Atum, Curima, Espada and Xareu offshore oilfields, the company said on Friday.In a securities filing, Petroleo Brasileiro SA, as the company is formally known, said the shallow-water fields produce 4…
Oil and gas company Neptune Energy is looking to reduce its workforce by 400 positions, half of which are contractor roles, citing the impact of the COVID-19 and a drop in oil prices.'We anticipate approximately 400 roles across nine countries to be impacted by these proposals…
Industrial services provider Altrad has won a contract with Rosetti Marino to assist with the hook-up and commissioning of Premier Oil's Tolmount offshore gas platform in the Southern North Sea, offshore the UK.Under the contract, Altrad will be responsible for the provision of temporary access…
The recovery in Asia's demand for oil remains fragile despite the reopening of economies across the region, as a second wave of coronavirus outbreaks could hit consumption again, the outgoing head of Malaysia's Petronas said.'We really had a collapse these past few months…
GE Renewable Energy plans to recruit 250 workers at its LM Wind Power wind turbine blade manufacturing site in Cherbourg, France, by the first quarter of 2021. 'Every new hire will go through an intensive training program at the factory's ‘Center…
Taiwanese company Tien Li Offshore Wind Technology has started construction on 210,000 square meter facility in Taichung Harbour to supply offshore wind blades to Taiwan's growing offshore wind industry.Tien Li is one of key local supply chain partners of wind turbine builder MHI Vestas…
Norway's oil production fell in May from the previous month but still exceeded official forecasts by 0.9%, the Norwegian Petroleum Directorate said on Friday.The country's crude oil output fell by 2.1% month-on-month from April to 1.74 million barrels per day…
Norwegian energy services firm Endúr has said it is working on a merger with compatriot marine engineering company Oceano.Endur, formed in 2019 after the merger of Bergen Group ASA with Endúr Fabricom, has signed a letter of intent with the…
Oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet supply cuts and signs of demand, hit by the coronavirus crisis, recovering.Iraq and Kazakhstan, during a meeting of an OPEC+ panel on Thursday…
Australian oil and gas firm Triangle Energy has shut production from two wells ell at the Cliff Head offshore field, one due to a pump failure, the other as a precautionary measure.'Production from CH6 [well] was shut-in on the afternoon of…
Iberdrola, through its French subsidiary Ailes Marines, has awarded the Navantia-Windar UTE consortium a contract to build 62 jackets for the or the Saint-Brieuc offshore wind farm which the energy company is developing off the coast of Brittany…
Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.Western Europe's largest oil producer conducts regular licensing rounds to stimulate offshore oil exploration…
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