Denmark will reduce greenhouse gas emissions by 44% by 2030 compared with 1990 levels if no new initiatives are introduced, the Danish Energy Agency (DEA) projected on Thursday.This means Denmark, broadly seen as a leader in efforts to tackle climate change…
Sakhalin Energy, the international operator of a pioneering liquefied natural gas (LNG) plant in eastern Russia, said on Thursday authorities have extended its oil and gas production licences, which were due to expire in 2021, for five years…
Chevron Corp aims to sell its minority stake in Australia's biggest and oldest liquefied natural gas (LNG) project, the North West Shelf, after drawing interest from potential buyers, the company said on Thursday.The move marks a long-awaited…
Southeast Asia-focused oil company has settled with its former CEO after he threatened to sue following the termination of his service agreement in April.Coro Energy said Thursday that, 'having received appropriate legal advice on legal action threatened against the company…
Incat Crowther has won the contract for a pair of hybrid catamaran crew transfer vessels, designed together with Danish offshore crew transfer company MHO-Co. Once delivered, the vessels will service an Ørsted wind farm in the North Sea.The…
The U.S. government on Wednesday issued a warning about the threat posed by pirates to boats and oil installations in the southern Gulf of Mexico, in the latest sign of concern about ongoing security challenges facing Mexico.'Armed criminal…
Wind turbine maker Siemens Gamesa said on Wednesday that Andreas Nauen, head of the company's offshore activities, has been appointed chief executive, with immediate effect, replacing Markus Tacke.The company did not give reasons for the change…
Seacat Services is a UK-company providing support services to the offshore wind industry in the UK and elsewhere in Europe with a fleet of 14 UK-built catamaran vessels.Over the past eight years, the company has used its fleet of 14 South Catamaran…
Petrolia NOCO, a partner in Neptune-operated PL 882 block in the Norwegian part of the North Sea, said the drilling of the Dugong well is set to begin by June 19, 2020.Neptune last week secured a regulatory consent to drill two wildcat wells at the Dugong prospect…
Decom North Sea, a UK-based non-profit organization focused on knowledge sharing in the space of offshore oil and gas decommissioning sector, is expanding in Asia with a deal struck in Brunei.DNS on Wednesday announced the creation of a 'landmark…
Danish offshore vessel operator Maersk Supply Service has sold two of its older Anchor Handler Tug Supply Vessels (AHTS), citing the global oversupply in the market and the current market situation.The vessels in question are the Maersk Advancer and Maersk Asserter…
U.S. Gulf of Mexico-focused oil company LLOG Exploration Offshore will tie back its Taggart development to midstream operator Williams' Devils Tower Spar offshore platform.Williams said Wednesday it would provide offshore natural gas and oil…
Norwegian offshore seismic data acquisition company PGS has said that the first data of its Peru MegaSurvey is now available. The seismic dataset, including 2D and 3D data, is aimed at E&P companies interested in South America, specifically Peruvian coastline hydrocarbon potential…
Dutch offshore services provider OOS International has joined an offshore decommissioning consortium created by Lloyd’s Register and Worley, in a push to drive down the costs of offshore decommissioning.'Decommissioning, for many, remains an uncertain cost burden…
The Nord Stream 2 has requested a permit allowing it to use pipe-laying vessels with anchors to complete the final roughly 120-kilometer stretch of pipeline in Danish waters, Denmark's energy agency (DEA) said on Tuesday.Work on the project…