Russia's largest independent natural gas producer PAO NOVATEK announced Friday that the annual general meeting of shareholders (AGM) approved the election of members to the board of directors.The following members were elected to the board of directors:Andrei I…
International oil activity should ramp-up through the end of this year and beyond, Schlumberger NV top boss Olivier Le Peuch said on Friday, a shift that will help the company grow revenue outside North America by double-digits in the second half of the year…
Equinor and its partners Petoro, Total, Neptune and Wintershall Dea have decided to develop Askeladd Vest, which is in the southern Barents Sea. The investment is close to NOK 3.2 billion ($384m).“It is important to Equinor and its partners…
On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices…
Offshore wind (OSW) energy is a new focus for the U.S. under President Biden, who highlighted it in his January 27, 2021 Executive Order on climate. Since then, there have been several new supporting developments:Rulings by the Customs and Border Patrol (CBP)…
Tekmar Energy has won a contract with cable manufacturer ZTT to supply its Cable Protection Systems (CPS) for the Gode Wind 3 high-voltage grid connection project in Germany.The 16km long subsea cable is scheduled for installation in 2023 and…
U.S. oil giant Chevron Corp lobbied lawmakers and government officials to protect its energy interests in Myanmar during the first quarter, as the administration of President Joe Biden comes under pressure to impose sanctions against the south Asian country’s military junta…
Oilfield services firm TechnipFMC has this week secured 'a significant' subsea contract from Petrobras for the Marlim and Voador fields, located offshore Brazil. For TechnipFMC, a “significant” contract is between $75 million and $250 million…
Equinor must fix a series of rule breaches exposed by a fire at its Melkoeya liquefied natural gas (LNG) plant in Norway last year for the plant to reopen, the country's safety watchdog said on Thursday.The September 2020 blaze shut down production at the plant…
Ocean Power Technologies, Inc. (OPT) said Thursday that Enel Green Power (EGP) has deployed OPT's PB3 PowerBuoy off the coast of Las Cruces, Chile to support the country’s transition to clean energy.OPT’s PB3 PowerBuoy converts wave motion into…
Aberdeen-based well management company Zenith Energy has won a multi-year contract with Australian oil and gas firm Woodside Energy in Senegal.The agreement is for the provision of drilling and completion engineering and ad-hoc support services…
Norwegian oil and gas firm Equinor is on track to have over 35% of its total oil and gas production base by 2025 powered from shore, GlobalData, a data and analytics company said Thursday, citing Equinor's active and upcoming electrification projects across the Norwegian Continental Shelf…
Dutch company Barge Master has developed a motion-compensated feeder solution for the next generation of offshore wind turbines, called BM-Feeder.The company said that its motion-compensated platform with its adjustable payload capacity is capable of 'feedering' all turbine components…
CGX Resources, an oil and gas company with offshore blocks in Guyana, has awarded Maersk Drilling a one-well rig contract.The Danish offshore drilling contractor said Thursday that CGX would use its semi-submersible drilling rig Maersk Discoverer…
dCarbonX, a company looking to develop offshore geothermal energy and storage sites for CO2, hydrogen, and ammonia in Ireland and UK has signed a strategic agreement with CGG, a company specializing in the provision of seismic data for oil and gas exploration…
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