UK North Sea-focused oil and gas company Jersey Oil & Gas said Friday it was in advanced exclusive negotiations with a significant UK North Sea operator over a farm-out of its interest in the Greater Buchan Alpha offshore licenses.Jersey Oil…
Shell is splitting up its renewables and low-carbon division as part of CEO Wael Sawan's shake-up to boost the energy giant's returns.The changes come as Sawan, who took office at the start of the year, has signaled in recent weeks that Shell…
Britain shortlisted for state support a project by BP BP.L and Equinor to build a large-scale gas power plant with carbon capture and storage (CCS), the government's latest selection round showed on Thursday.The British government has shortlisted…
The Norwegian Ministry of Petroleum and Energy on Friday offered two new exploration licenses related to CO2 storage on the Norwegian continental shelf in the North Sea.The two exploration licenses offered are located in the southern part of the North Sea…
Cecile Wake will succeed Tony Nunan as Chair of Shell Australia effective May 22, 2023, Shell Australia said Thursday. Nunan, who led the Australian business for the past three years, will take up the newly created role of Chief of Staff and Corporate Relations…
Trendsetter Engineering, a privately owned oil and gas service company based in Houston, said it had won a 'significant' contract to provide subsea hardware for LLOG Exploration Offshore's Leon and Castile subsea developments in the U.S. Gulf of Mexico…
The UK-based training firm AIS Survivex has won a contract with wind turbine maker Siemens Gamesa Renewable Energy to deliver training across its UK workforce.The three-year agreement will see AIS Survivex provide Global Wind Organisation (GWO) courses for Siemens Gamesa’s UK onshore…
Mercedes-Benz said on Thursday it had signed a power purchase agreement (PPA) with Spain's Iberdrola for 140 megawatts of wind energy from a Baltic Sea wind park as the automaker looks to make production costs more predictable.Production chief…
James Fisher Subtech has chartered the multipurpose offshore vessel Olympic Taurus from Olympic Subsea with plans to use it in the UK offshore energy industry.The Olympic Taurus has already been mobilized for work from Montrose Port, Aberdeenshire…
The Philippines' Department of Energy said on Thursday it had signed three contracts with a Danish fund manager for offshore wind energy development projects with a total capacity of 2,000 megawatts.There will be a 25-year operating period for…
New rules that cap total Australian greenhouse gas emissions and curb some new gas and coal investments in the country will come into effect on 1 July after parliament passed an upgraded emissions reduction plan on Thursday.The 'Safeguard Mechanism'…
China's CNOOC more than doubled its net profit in 2022, benefiting from a year of elevated international oil and gas prices following Russia's invasion of Ukraine. The company, one of China's three largest state-controlled oil and gas companies…
Exxon Mobil Corp on Wednesday bid for offshore blocks to store carbon dioxide underground during a government oil and gas lease sale in the U.S. Gulf of Mexico, while rivals Chevron Corp and BP Plc targeted areas for production.The largest U…
Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric…
Maryland Governor Wes Moore on Wednesday announced goals to more than quadruple the state's offshore wind capacity to 8.5 gigawatts - enough to power nearly three million homes - as part of an effort by the state to achieve 100% clean energy by 2035…
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